30 Oct 2024
Maruti Suzuki
BOB Capital Markets Ltd.
Reco
Target
16286.00
13451.00
11256.45
(44.68%)
Target met
Buy
Broker Report
Q2FY25 revenue was flat YoY (+5% QoQ) in a challenging quarter, realisation improved by 2%/1% YoY/QoQ
30 Oct 2024
JK Cement
BOB Capital Markets Ltd.
Target
6347.50
4190.00
4335.70
(46.40%)
Target met
Hold
Broker Report
Grey cement volumes at 3.8mt (excluding clinker volumes) fell by ~3% YoY (-12% QoQ) owing to weak demand impacted by seasonality
30 Oct 2024
Marico
BOB Capital Markets Ltd.
Target
698.35
695.00
651.15
(7.25%)
Target met
Hold
Broker Report
Versus consensus, sales miss 1%, EBITDA miss 2% on 15bps lower-than-expected margins. Parachute volumes +4% vs retail offtake +8%
30 Oct 2024
Cipla
BOB Capital Markets Ltd.
Reco
Target
1499.40
1312.00
1418.25
(5.72%)
12.50
Sell
Broker Report
Earnings in line with our estimates on all fronts. However, US sales was down and 5% lower than our estimates in rupee terms
30 Oct 2024
JK Cement
ICICI Direct
Target
6347.50
5060.00
4335.70
(46.40%)
Target met
Buy
30 Oct 2024
Federal Bank
ICICI Direct
191.82
230.00
203.24
(-5.62%)
19.90
Buy
30 Oct 2024
Firstsource Solutions
ICICI Direct
Target
351.60
400.00
338.30
(3.93%)
Target met
Buy
30 Oct 2024
Cipla
ICICI Direct
Target
1499.40
1685.00
1418.25
(5.72%)
12.38
Buy
30 Oct 2024
Maruti Suzuki
ICICI Direct
Target
16286.00
12450.00
11256.45
(44.68%)
Target met
Hold
30 Oct 2024
Transportation
Trendlyne Analysis
Sector Update
Broker Report
In September 2024, the total number of passengers carried by Indian domestic airlines increased 6.4% YoY to 130.3 lakh. Total departures by scheduled carriers increased by 2.6% YoY to 86,275.