Standard Industries Ltd. News and Updates

Name: Latest research reports of Standard Industries Ltd. authored by HDFC Securities and published by - Trendlyne research reports.
Item: Standard Industries Ltd.
Rating: 3
Author: HDFC Securities

Keep track of all breaking news on Standard Industries Ltd. from all sources in a single place.

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Standard Industries Ltd.

01 Jul 2020

19.65

1.50%

It's status quo now for MSCI on India revamp

Business Line

MSCI defers revamp of Global Standard indices

Standard Industries Ltd. is trading below its 50 day SMA of 21.0

Standard Industries Ltd.

13 May 2020

19.65

1.50%

MSCI index rejig: Who's in and who's out

Business Line

Revamps Global Standard, India Domestic and SmallCap indices

Standard Industries Ltd. has lost -25.46% in the last 6 Months

Standard Industries Ltd.

18 Mar 2020

19.65

1.50%

There will be a coronavirus vaccine, likely by 2020-end: Zavaray Poonawalla

Business Standard

Founder-Director Codagenix tells Business Standard that India's social containment of the epidemic so far has been good. Edited Excerpts:

Standard Industries Ltd. is trading above its 30 day SMA of 19.6

Standard Industries Ltd.

14 Nov 2019

19.65

1.50%

Safari Industries (India) Ltd

Standard Industries Ltd.

Angel Broking

For 2QFY2020, Safari Industries (SIL) posted Strong Result top-line and bottom-line growth. Revenue grew ~31% yoy to `170cr. On the margin front, the company reported operating margin improvement by 98bps yoy. On the bottom-line front, SIL reported de-growth of ~30% yoy to ~`8cr due to Strong top-line and operating performance. Outlook and Valuation: Going ahead,

Standard Industries Ltd. has lost -25.46% in the last 6 Months

Standard Industries Ltd.

30 May 2019

19.65

1.50%

Board of Standard Industries approve investment of surplus funds in Duville Estates

Business Line

The board of directors of Standard Industries on Thursday approved the investment of surplus funds in Duville Estates Pvt Ltd. Accordingly, the compan

Standard Industries Ltd. has lost -21.27% in the last 3 Months

Standard Industries Ltd.

29 May 2019

19.65

1.50%

Siemens (Update): Too futuristic. Maintain NEUTRAL

Neutral: Standard Industries Ltd.

HDFC Securities

SIL's fundamentals are closely linked to digitalization of manufacturing and services. Continuous investment in innovation by Parent/SIL provides a key competitive advantage. The speed and magnitude of technology absorption by SIL's clients will be the key driver for multiple re-rating. Upcoming corporate actions preclude rich valuations, which would otherwise accrue naturally to a business with this pedigree. We maintain NEU. Key risks (1) Delays in capex recovery, (2) Slowdown in private investments, (3) INR depreciation, and (4) Any adverse corporate action by Parent. We attended the Siemens India Ltd. (SIL) Innovation Day where in SIL showcased its global technologies/products in AI, IoT, Data Analytics, Digital Twin, Next 47 initiative etc. The sessions were taken up by Siemens AGs global leaders who talked about the parents seriousness in bringing new age technologies to SILs Indian customers. We maintain NEU on SIL with a TP of Rs 1,165/sh.

Standard Industries Ltd. has lost -21.27% in the last 3 Months

Standard Industries Ltd.

17 May 2019

19.65

1.50%

Siemens (2QFY19): Transformation to the encore. NEUTRAL

Neutral: Standard Industries Ltd.

HDFC Securities

SIL stands to benefit from secular growth in less cyclical segments like Smart Infrastructure. Government investment in Gas & Power is expected to recover as the installed base ages and upgrades are needed. Meanwhile, Metro projects will drive the Mobility segment. Digital Industries' market can multiply as automation and efficiency initiatives pick up. Upcoming corporate actions preclude rich valuations, which would otherwise accrue naturally to a business with this pedigree. Hence, we recommend NEU. Key risks (1) Delays in Government capex recovery, (2) Slowdown in private investments, (3) INR depreciation, and (4) Any adverse corporate action by Parent. We recommend a NEU on Siemens India Ltd. (SIL) with a TP of Rs 1,165/sh. SIL is well placed to monetize its strength in digitalization of Manufacturing/Smart Infra. This shall lead to clients taking up discretionary efficiency improvement initiatives. Introduction of newer technologies will further improve margins and aid growth.

Standard Industries Ltd. has lost -25.46% in the last 6 Months

Standard Industries Ltd.

10 May 2019

19.65

1.50%

Our statistical machinery needs serious repair, says Meghnad Desai

Business Standard

Desai told Business Standard that India must get the data issue sorted out on a priority as it is giving the country a bad name

Standard Industries Ltd. has lost -21.27% in the last 3 Months

Standard Industries Ltd.

19 Mar 2018

19.65

1.50%

Centre invites EoI for stake sale in Scooters India

Business Line

The government has invited expression of interest (EoI) to sell its entire stake with transfer of management control in loss-making listed firm Scooters India (SIL), which manufactures three-wheel

Standard Industries Ltd. is trading above its 30 day SMA of 19.6

Standard Industries Ltd.

25 Jul 2017

19.65

1.50%

CBDT comes out with clarification on MAT for Ind AS companies

Business Line

The Central Board of Direct Taxes (CBDT) has come up with Frequently Asked Questions (FAQs) clarifying on issues around Minimum Alternate Tax (MAT) provisions for Indian Accounting Standard (Ind AS)...

Standard Industries Ltd. has lost -21.27% in the last 3 Months

Is Standard Industries Ltd. worth buying?

161 Votes:

Buy 75.16%

Sell 14.29%

Hold 10.56%

49.49% Fall from 52W High

Standard Industries Ltd. News and Updates

Keep track of all breaking news on Standard Industries Ltd. from all sources in a single place.