Research Reports published by KARVY

V Mart Retail Ltd.    
21 Nov 2020
2148.60
4.87%
Karvy
High Valuations Despite Increased Rural Demand and Market Share Gain Possibilities: Footfalls continue to be low as the textile industry continues to witness selectivespecific purchases based on needs in the current economic scenario.
V Mart Retail Ltd. has gained 36.22% in the last 6 Months
Bata India Ltd.    
21 Nov 2020
1504.30
0.01%
Karvy
A changing business model - BATA in the process of re inventing itself: BATA over the last few years has focused on higher value products and re-inventing itself to cater to the younger and urban population with the aggressive addition of stores and the introduction of red collection and increased focus on women footwear.
Karvy increased Sell price target of Bata India Ltd. to 1269.0 on 21 Nov, 2020.
2313.35
-2.61%
buy
Karvy
On the technical front, APOLLOHOSP has been making higher highs and higher lows on the daily charts and is currently placed above the medium-term EMAs in the daily frame. In the recent past, after clocking a low of 1986 levels, the stock has witnessed a bounce and rallied to the current levels. At the current juncture, the stock has formed a base of around 1985 levels on the lower side and is all set to move higher.
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Apollo Hospitals Enterprise Ltd. has gained 59.37% in the last 1 Year
Varun Beverages Ltd.    
12 Nov 2020
768.00
1.56%
Karvy
Realization and Cost Savings Helped Drive Growth: Volumes continue to be robust in rural and semi urban India, which helped sustain overall volume dip to only 4percent despite significantly lower on the go consumption.
Varun Beverages Ltd. has gained 31.80% in the last 6 Months
Banks    
SECTOR | 04 Nov 2020
Karvy
Credit Tracker - Stabilises at Low Levels: Credit offtake in the economy continues to remain subdued despite availability of ample liquidity with banks.
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HDFC Securities released a Sector Update report for Banks on 23 Nov, 2020.
Automobiles & Auto Components    
SECTOR | 03 Nov 2020
Karvy
October Auto Volumes - Growth Picks up Due to Festive Demand: Auto companies continue to push ahead with robust growth in wholesale sales volumesin passenger vehicles (PVs) and two-wheelers (2W) in the month of October 2020 as growth picks up due to festive demand.
Relaxo Footwears Ltd.    
03 Nov 2020
722.90
-0.88%
Karvy
Gross Margins - A Positive Surprise: Revenue for Q2FY21 was 7.4percent lower on YoY basis but EBITDA was up significantly,at 21.2percent on account of higher gross margins and good cost control measures.Gross margins were higher by 505 bps on account of lower inventory, tradedgoods and commodity prices.
Relaxo Footwears Ltd. has an average target of 739.60 from 5 brokers.
IndusInd Bank Ltd.    
02 Nov 2020
853.70
0.46%
Karvy
Focus is on Building Provision Buffers:Indusind Bank (IIB) reported slightly subdued set of numbers. NII growth at 13percent was below normal run rate due to lower advances growth and fall in NIM.
IndusInd Bank Ltd. is trading above all available SMAs
KPR Mill Ltd.    
31 Oct 2020
792.30
-0.26%
Karvy
Volumes Surprise Positively: Yarn, Fabric and garment volumes surprised positively.
KPR Mill Ltd. has gained 94.48% in the last 6 Months
Kotak Mahindra Bank Ltd.    
30 Oct 2020
1924.90
1.43%
buy
Karvy
Valuation and Risks: We believe KMB is ready to grow as it has shifted its focus to asset side withemphasis on customer acquisition through organic or inorganic route by keepingan eye on risk.
Kotak Mahindra Bank .. has an average target of 1622.42 from 14 brokers.