Research Reports published by RELIANCE SECURITIES

Name: Latest research reports of Yatharth Hospital & Trauma Care Services Ltd. authored by Reliance Securities and published by - Trendlyne research reports.
Item: Yatharth Hospital & Trauma Care Services Ltd.
Rating: 5
Author: Reliance Securities

Latest research reports published by Reliance Securities

Yatharth Hospital & Trauma Care Services Ltd.

25 Jul 2023

453.25

1.97%

Healthcare Service Provider

IPO Subscribe: Yatharth Hospital & Trauma...

Reliance Securities

Major Player in the Northern Region YHTCSL’s Noida Extension hospital with 450 beds is one of the largest hospitals in the Noida Extension, Uttar Pradesh region. Its Greater Noida, Noida and Noida Extension hospitals had an overall average bed utilization of around 50%.

Institutional Investors have increased holdings from 13.25% to 21.28% in Dec 2024 qtr.

Senco Gold Ltd.

04 Jul 2023

333.85

4.90%

Pan-India Jewellery Retailer

IPO Note: Senco Gold Ltd.

Reliance Securities

The company boasts an expansive catalogue with more than 120,000 designs for gold jewellery and more than 69,000 designs for diamond jewellery. It offers a variety of designs of handcrafted jewellery, most of which are designed and manufactured in-house in collaboration with over 170 skilled local craftsmen in Kolkata and across the country.

Senco Gold Ltd. has gained 26.87% in the last 1 Month

Avalon Technologies Ltd.

30 Mar 2023

812.30

7.04%

Integrated Electronics Manufacturing Services Provider

IPO Subscribe: Avalon Technologies Ltd.

Reliance Securities

Avalon Technologies Limited is one of the leading fully integrated Electronic Manufacturing Services (EMS) companies with end-to-end operations in delivering box build solutions in India. It provides a full stack product and solution suite, from printed circuit board (PCB) design and assembly to the manufacturing of complete electronic systems (Box Build). It supplies to certain global original equipment manufacturers (OEMs), including OEMs located in the United States, China, Netherlands and Japan.

Avalon Technologies Ltd. is trading above all available SMAs

Shree Cements Ltd.

20 Mar 2020

30107.95

-0.86%

Shree Cement - 3QFY20 Result Update

Buy: Shree Cements Ltd.

Reliance Securities

Strong Operating Performance despite Dismal Show by Power Division Shree Cement (SRCM) has reported a strong operating performance in 3QFY20 albeit missing our estimates. EBITDA grew by 20% YoY to Rs8.5bn (vs. our estimate of Rs9bn), while EBITDA/ tonne remained strong at Rs1,365/tonne vs. Rs1,067 in 3QFY19 and Rs1,451 in 2QFY19. Sales volume grew by 5.3% YoY to 6.25mnT, while average realisation stood at Rs4,512/tonne (+4.6% YoY and -3% QoQ) slightly below our estimate of Rs4,540. Operating cost/tonne for cement declined by 3% YoY and 1.7% QoQ to Rs3,147 (-3% YoY and -1.7% QoQ) mainly led by steep decline in input cost/tonne entailed by reduction in fuel cost. However, its power division has...

Shree Cements Ltd. is trading above all available SMAs

KNR Constructions Ltd.

20 Mar 2020

227.62

3.53%

KNR - 3QFY20 Result Update

Buy: KNR Constructions Ltd.

Reliance Securities

KNR Constructions (KNRC) continued to report robust operating performance in 3QFY20 despite lower-than-expected revenue booking. While revenue grew by 24% YoY to Rs5.6bn vs. our estimate of Rs6bn, EBITDA witnessed a stellar 38% YoY growth to Rs1.24bn vs. our estimate of Rs1.09bn. Adjusted for Rs37mn claim received for arbitration claim under revenue, EBITDA margin stood higher at 21.6% vs. 20.1% in 3QFY19 and 19.7% in 2QFY20. A meaningful increase in depreciation (led by higher capex in irrigation) and interest expenditures (due to mobilisation advances) and lower other income resulted in muted PBT of Rs588mn (-1% YoY and -35% QoQ). Further, KNRC's adjusted PAT declined by 14% YoY to Rs445mn owing to higher tax expenses....

KNR Constructions Ltd. is trading above its 30 day SMA of 224.4

NCC Ltd.

20 Mar 2020

209.97

1.49%

NCC -3QFY20 Result Update

Buy: NCC Ltd.

Reliance Securities

NCC Ltd (NJCC) has reported a weak performance in 3QFY20 owing to muted revenue booking led by project cancellation and absence of convincing pick-up in construction activities post monsoon. Reported revenue declined by 34% YoY to Rs21.2bn vs. our estimate of Rs24.5bn, while EBITDA witnessed a de-growth of 36% YoY to Rs2.5bn. EBITDA margin contracted by 36bps YoY and 165bps QoQ to 11.8%. Adjusted profit declined by a sharp 66% YoY (10% QoQ) to Rs543mn mainly led by soft execution. Notably, NJCC has set aside slow-moving and likelyto-be-cancelled projects worth Rs71.3bn from its order backlog in order to have a clear visibility of revenue booking from the ongoing projects. Therefore, its current order backlog stands at Rs250.5bn, which is 2.7x TTM revenue and still gives decent revenue visibility. Going forward,...

NCC Ltd. has an average target of 305.25 from 4 brokers.

Ramkrishna Forgings Ltd.

20 Mar 2020

737.55

-0.38%

Ramkrishna Forgings - 3QFY20 Result Update

Buy: Ramkrishna Forgings Ltd.

Reliance Securities

M&HCVs; Volume Bottoming Out; Recovery Likely by mid-FY21E Led by significantly lower volume, Ramkrishna Forgings (RMKF) has delivered a highly disappointing performance in 3QFY20 with its PAT falling by 95% YoY to Rs17mn (vs. our estimate of Rs33mn). Its revenue declined by 49% YoY and 3% QoQ to Rs2.5bn (vs. our estimate of Rs2.8bn), while its volume declined by 50% YoY (+1% QoQ) to 18,730 tons owing to sharp decline in M&HCV; sales in the wake of higher axle load norm and ongoing economic slowdown. While EBITDA dropped by 55% YoY (+0.5% QoQ) to Rs475mn (slipping our estimate by 7.6%), EBIDTA margin contracted by 270bps YoY (+69bps QoQ) to 18.8% owing to 722bps YoY (+93bps QoQ)...

Ramkrishna Forgings .. has an average target of 1139.00 from 3 brokers.

Bharat Petroleum Corporation Ltd.

20 Mar 2020

293.20

1.82%

BPCL - 3QFY20 Result Update

Sell: Bharat Petroleum Corporati...

Reliance Securities

Dismal Performance with No Improvement in GRM; Maintain REDUCE Bharat Petroleum Corporation Ltd. (BPCL) has delivered a disappointing performance in 3QFY20. It reported GRM of US$3.23/bbl below ours/consensus estimates of US$4.1/bbl. Petrol/diesel sales volume grew by 5.9%/(1.6%) YoY lower than the industry growth rate of 7.1%/0.2%. It clearly implies that BPCL has lost market share to private retailers during the quarter. EBITDA increased by 248% YoY and 14% QoQ to Rs 27bn (6% below the consensus estimate/8% higher than our estimate) mainly due to 12% YoY growth in crude throughput of refineries, comparative higher YoY GRM and improved net marketing margin on diesel. Net profit grew by 155% YoY (down 26%...

Bharat Petroleum Corporation Ltd. is trading below its 150 day SMA of 294.4

Ambuja Cements Ltd.

20 Mar 2020

548.65

0.16%

Ambuja Cements - 4QCY19 Result Update

Buy: Ambuja Cements Ltd.

Reliance Securities

Performance Beat on Better Volume & Cost Reduction Ambuja Cements (ACEM) has delivered a strong performance in 4QCY19, which was ahead of our estimates, mainly led by higher-than-expected sales volume and cost reduction. Reported EBITDA grew by stellar 47% YoY to Rs4.5bn (excluding Rs979mn other operation income) vs. our estimate of Rs4bn, while EBITDA/tonne stood at Rs687 vs. Rs498 and Rs707 in 4QCY18 and 3QCY19, respectively. Sales volume grew by a strong6.7% YoY to 6.54mnT (vs. our estimate of 6.3mnT), while average realisation declined by 5% QoQ (+3% YoY) to Rs4,645/tonne. A meaningful sequential reduction in operating cost/tonne to Rs3,958 (-1.4% YoY and -5.3%...

Ambuja Cements Ltd. has an average target of 681.00 from 9 brokers.

JK Cement Ltd.

20 Mar 2020

4957.45

1.49%

JK Cement- 3QFY20 Result Update

Buy: JK Cement Ltd.

Reliance Securities

Robust Performance on Steady Realisation & Cost Benefits JK Cement (JKCE) continued to report a strong set of numbers in 3QFY20 amid challenges as its reported EBITDA grew by a strong 42% YoY to Rs2.78bn broadly in-line with our estimate. Unitary EBITDA for grey cement stood at Rs770 vs. Rs433 in 3QFY19 and Rs824 in 2QFY20. While sales volume of grey cement, including clinker, grew by 3.5% YoY, average realisation came in at Rs4,355/tonne (+10% YoY and -2.5% QoQ) broadly in-line with our estimate. Operating cost/ tonne declined by 1.5% QoQ to Rs4,404 despite sequential rise in input cost. JKCE noted that continued high cost of fuel inventory from RIL did not let the benefit of lower fuel prices reflect in...

Number of FII/FPI investors decreased from 249 to 242 in Dec 2024 qtr