New Research Reports

News Letter

Neogen has two segments viz. (i) organic chemicals, (ii) inorganic chemicals which find applications in pharmaceutical intermediates, agrochemical intermediates, polymers additives and water treatment chemicals. As the per the new strategy to address the opportunities emanating from EV ecosystem, it has earmarked a capex of 1,795 crore for the Lithium...

Asian markets were trading mixed this morning. The Hang Seng and Nikkei gained 0.64% and 0.1%, respectively, while Shanghai lost 1.09%.

We initiate coverage on Century Plyboards India Ltd. with a BUY recommendation and a target price of Rs 820/share, implying ~18% upside from the CMP.

The primary market is set for another action-packed week, with 28 new issues opening for subscription and 17 companies heading for listing. This follows 14 IPO debuts last week, including the much-awaited listing of the National Stock Exchange.

The Aster DM Healthcare–QCIL merger creates one of India's largest hospital platforms, Aster DM Quality Care (AsterDM), with 39 hospitals and ~10,600 operational beds across 28 cities.

MARKET SNAPSHOT

We visited PLNG’s Kochi terminal and interacted with top management. Despite the prevailing ME crisis and higher LNG prices, Indian LNG demand remains steady, driven by the fertilizer, power, and CGD sectors.

We recommend a BUY with a target price of Rs 505/share, implying an upside of 10% from the CMP.

Retail Research

Retail Research

Distribution and Export Growth: Coromandel's extensive domestic and international distribution network to expand NACL's market reach, support domestic sales and accelerate export recovery. Product-Mix Improvement: Increased focus on formulations, intermediates and CDMO opportunities along with stronger technical capabilities to improve product mix and profitability. Lean Balance Sheet: Post-rights issue, NACL's stronger balance sheet and lower leverage provide greater financial flexibility to support...

IPO Note

IPO Note

News Letter

KRT manages completed leasable area of 37.3msf spread across 29 Grade A office assets concentrated mostly in BLR, HYD and MUM

A life sciences workflow outsourcing growth story - Indegene, founded in 1998, is a digital-first commercialization partner focused on the global life sciences industry. It serves 20/20 top biopharma companies and operates across 80+ markets through 17+...

: Pearl Global Industries Ltd. (PGIL) is a multi-national apparel manufacturer offering end-to end sustainable solutions across the fashion value chain. It has 25 manufacturing facilities with capacity of ~108mn pieces across...

Asian markets were trading lower this morning, except the Nikkei, which gained 1.13%. The Hang Seng and Shanghai declined 1.46% and 1.22%, respectively.