Research Reports published by ANGEL BROKING

Avenue Supermarts Ltd.    
27 May 2020
3310.90
-1.86%
Angel Broking
For 4QFY2020, Avenue Supermarts Ltd (ASL) posted mixed results. On the top-line front result was in-line, however EBITDA was below our estimates. Consolidated revenue grew by ~24% yoy; reported operating margins contracted by 68bps yoy. On the bottom-line front, ASL reported PAT growth of ~42% yoy due to lower taxes. We forecast ASL to
Avenue Supermarts Ltd. has an average target of 2707.75 from 8 brokers.
Colgate-Palmolive (India) Ltd.    
23 May 2020, 12:00AM
1686.35
-0.18%
Angel Broking
For 4QFY20, Colgate Palmolive India Ltd (CPIL) posted results that were below our expectations on both top-line and bottom-line fronts. Revenue de-grew by ~7% yoy; reported operating margins contracted by 206bps yoy. On the bottom-line front, CPIL reported adj. PAT growth of ~2% yoy to `204cr due to lower taxes. Outlook and Valuation: We believe
Colgate-Palmolive (India) Ltd. is trading above all available SMAs
India Policy and Reforms    
TREND | 22 May 2020
Angel Broking
Size of economic stimulus announced is below market expectations The Finance minister has announced an economic stimulus package of Rs.11 lakh cr. between the 13th and the 17th of Mar'20. Including various measures announced by the RBI & government earlier total size of the economic package works out to Rs.21 lakh cr. Markets have however
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India Policy and Reforms    
TREND | 22 May 2020
Angel Broking
Focus on agriculture and MSME sector along expected lines The Finance minister has announced the first two tranches of the second part of the Rs.20 lakh cr. economic package. The focus of the economic package so far has been on ensuring credit flow to essential sectors like agriculture, MSME and Power in order to ensure
Reliance Industries Ltd.    
20 May 2020
2205.35
-0.92%
Angel Broking
Outlook & Recommendation: The Company is offering shares to existing investors in the ratio of 1:15 at a price of ` 1,257 per share out of which 25% needs to be paid on application while 25% would need to be paid in May 2021 and balance 50% in November 2021. We are positive on the
Reliance Industries Ltd. is trading above all available SMAs
Nestle India Ltd.    
14 May 2020
17414.80
-0.12%
Angel Broking
For 1QCY20, Nestle India Ltd (NIL) posted healthy set of numbers, exceeding our expectations on top-line and bottom-line fronts. Revenue grew by ~11% yoy. However, reported operating margins contracted by 121bps yoy. On the bottomline front, NIL reported growth of ~14% yoy to `525cr on the back of healthy revenue growth and lower taxes.
Nestle India Ltd. is trading below it's 30 day SMA of 17517.4
Angel Broking
Johnson Contls-Hitachi Air Conditioning India is engaged in the business of manufacturing, selling and trading of Hitachi brand of Air conditioners, refrigerators, chillers and VRF (variable refrigerant flow) systems. It is one of the market leaders in the RAC segment with 12% share and has been in India for more than 30 years.On the financial
Johnson Controls-Hitachi Air Conditioning India Ltd. is trading below all available SMAs
890.65
-2.93%
Angel Broking
Coromandel International (CIL) is engaged in the business of farm inputs comprising of fertiliser, crop protection, specialty nutrients and organic compost.On the financial health front, the company is reducing its debt burden over the years from 1.03x debt-equity ratio in FY13 to 0.9 in FY19. Futher more the company is steadily increasing its cash flow
Coromandel International Ltd. is trading above all available SMAs
2034.55
0.47%
Angel Broking
Ratnamani Metals & Tubes is engaged in the manufacturing of stainless steel pipes and tubes and carbon steel pipes at Kutch, Indrad and Chhatral in the state of Gujarat. Current Order book stands at INR 1569 crores which includes orders from SS and CS division at `1,053cr and `516cr, respectively.It's debt dependency is also very
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Ratnamani Metals & Tubes Ltd. has gained 30.34% in the last 6 Months
4483.35
-1.56%
Angel Broking
Dixon Technologies (India) is primarily engaged in the manufacturing of electronics as its core business activity. The Company designs consumer electronics like LED lamps, mobile phones, televisions etc.On the financial health front, the company's balance sheet looks strong with just 0.3x debt over equity. Currently, the stock trades at 44x of its earnings and delivers
Dixon Technologies (India) Ltd. is trading above all available SMAs