RUDRA is one of the growing & dynamic brokerage houses with a strong presence in the Retail and HNI broking segment. With over 25 years of experience and lead by a team with outstanding managerial acumen, RUDRA is a professionally managed company supported by over 100 professionals, including Chartered Accountants, MBAs and other senior executives. RUDRA can thereby cater to its clients' short-term as well as long-term financial needs through a comprehensive bouquet of investment services. RUDRA offers a diverse range of financial services, including institutional and retail brokerage of Equity, Currency, Commodities, Derivatives, Online Trading, Depository Services, Fixed Deposits, IPOs and Mutual Funds Distribution, and Wealth Advisory & Research. RUDRA is looking to become one of the biggest broking houses. RUDRA Securities Limited, is a member of National Stock Exchange of India Limited, Bombay Stock Exchange Limited, MCX Stock Exchange, and Depository Participant of Central Depository Services (I) Limited. RUDRA can be approached online at www.rudrashares.com.
Net profit jumped healthy to Rs 5.50 cr an increase of 196% against Rs 3.54 in the corresponding quarter of previous year.
CASA target of 29% are positives , bank should be able to wither provision pressure and fur- ther consolidate its position in the ensuing quarter. Therefore, we recommend to BUY with initial target of ` 135 giving an upside potential of 15%.
Company has a sound track record of delivering top line and bottomline growth despite the cyclical nature of the industry due to volatile oil prices.
FMCG business led by processed foods to show steady increase in profitability, personal care on urge of stabilizing, though Lifestyle retailing could remain a drag.
NBCC being the only PSU having Real Estate experience coupled with Construction Management expertise. Company derives more than 90% of the revenue from PMC services (project management consultancy).
Company exports its products to almost 52 with offerings in US constitute of core brands like Nate’s, Ashoka, Truly Indian and PJ’s and in UK as Brand Soul.
Being one of the largest CGD company in India and a sole aurthorized distributor of CNG & PNG in Mumbai with a strong base of 0.65mn CNG customers, the company is best placed to harness the growing demand for cleaner fuel.
As operating at full capacity, the management plans to increase capacity to achieve meaningful volume growth. It announced a brownfield investment of Rs. 1,450 crore for setting up additional packaging board capacity of 1.5 lakh MT.
Twofold hike in custom duty to 25% from 20% & 10% earlier to dampen imports has been breathtaking for the footwear industry. Besides GST rate cut from 18% to 5% priced under Rs 1000.
Khadim's two distinctive business models reduce dependence on any one business. Retail business that contributes around 62% in overall revenue will grow at 13-14%.