New Research Reports

We hosted GOCOLORS (GO) for an Asia roadshow. GO remains confident of delivering medium-term revenue CAGR of >20%, with SSG recovery also helping EBITDA margin get back to the 20-21% range.

In Q1FY25, Awfis Solutions (Awfis) began to deliver on its two main FY25 guidance parameters: 30%+ revenue growth for FY25 and expansion in IGAAP EBITDA margin between 11.5-12%.

End of Day Summary

Retail Research

We recommend a BUY rating on the stock with a near-term TP of Rs 739/share, implying an upside of 10% from the CMP.

Asian Markets are trading lower as Hong Kong stock fell after China's disappointing economic data. Hang Seng is trading negative by 0.38% whereas markets in China and South Korea are closed today for the mid-autumn festival.

Medium- to long-term growth prospects remain intact with TCPL targeting double-digit topline growth driven by growth businesses

Lumax Auto Technologies (LATL) has decided to acquire a 60% stake in Greenfuel Energy Solutions Private
Limited (Greenfuel) for Rs 132.6 crore.