Research Reports published by RELIGARE

Time Technoplast Ltd.    
12 Dec 2018
Time Technoplast Ltd (TTL) Q2FY19 net revenue increased by 14.2% YoY in Q2FY19, driven by 9% growth in volumes. However, EBITDA declined by 1.6% YoY, while EBITDA margins contracted 209bps YoY to 13%, impacted by input cost inflation and rupee depreciation. Further, decline in the other income and higher depreciation, interest & tax expense resulted in 24.7% YoY decline in PAT.
Time Technoplast Ltd. has gained 81.40% in the last 6 Months
Indraprastha Gas Ltd.    
12 Dec 2018
Indraprastha Gas Ltd. (IGL) is a JV between GAIL and BPCL; while Government of NCT of Delhi holds 5% equity. IGL operates in two segments - compressed natural gas (CNG) and piped natural gas (PNG). The CNG business (76% of FY18 sales) involves distribution of CNG to vehicles through gas stations. In PNG (24%), IGL supplies natural gas to homes and commercial/ industrial users.
Indraprastha Gas Ltd. is trading above all available SMAs
Whirlpool of India Ltd.    
11 Dec 2018
Headquartered in Gurugram, Whirlpool of India Limited (WIL) is one of Indias leading manufacturer and marketers of major home appliances like Refrigerators (57% of revenues), Washing machines (21% of revenues), Air Conditioners (9% of revenues) and Microwave ovens.
Whirlpool of India L.. has an average target of 2782.50 from 2 brokers.
TeamLease Services Ltd.    
11 Dec 2018
TeamLease Services Ltd. (TEAM) is the largest player in the organized staffing industry with a market share of ~6%. It has presence in all 29 states with a network of partnerships delivering in over 6,000 locations with 2,250 clients and 1,700 core employees.
TeamLease Services Ltd. average weekly volume is high.
India Macro Indicators    
TREND | 03 Dec 2018
Going forward, as we move into December, the fortunate turn of events with the sharp correction in crude oil prices and appreciation in rupee are definitely comforting factors for the Indian economy and consequently the market. Nonetheless, it is advisable to take note of the various important global / domestic events lined up in December, which would have a strong bearing in providing further direction to the market in the short-term.
BOB Capital Markets Ltd. released a report for India Macro Indicators on 11 Jun, 2021.
Trading Strategy    
TREND | 30 Nov 2018
Nifty futures has rolled around 71% vs 76% with respect to the last month, the open interest for the new December contract is also lower by 20 lkh. Long unwinding in Nifty futures was witnessed month on month. The range for Nifty might be at 11080-10700 and Banknifty at 27400-26500 for first fortnight of December series.
Emami Ltd.    
30 Nov 2018
Incorporated in 1974, Emami Limited is one of the leading and fastest growing personal and healthcare companies in India, with an enviable portfolio of over 300 household products.
Promoters unpledged 6.05% of shares in last quarter. Total pledge stands at 32.89% of promoter holdings
Mold-Tek Packaging Ltd.    
29 Nov 2018
Mold-Tek Packaging Ltds (MPL) Q2FY19 net revenue grew by 27.5% YoY in Q2FY19, driven by healthy volume growth of 19%. However, growth in EBITDA was relatively lower at 18.9% YoY, while EBITDA margins declined by 120bps YoY at 16.5%, impacted by input cost inflation.
Mold-Tek Packaging Ltd. is trading above all available SMAs
KEI Industries Ltd.    
28 Nov 2018
Established in 1968 in New Delhi, KEI Industries Ltd. (KEI) is engaged in manufacturing and marketing of Extra-High Voltage (EHV), Medium Voltage (MV) and Low Voltage (LV) power cables & House Wire. It has a diversified business model spread across different markets (domestic 87% and exports 13%) and segments (Retail 32% and Institutional 55%).
Number of FII/FPI investors increased from 114 to 125 in Mar 2021 qtr.
Asian Granito India Ltd.    
26 Nov 2018
Asian Granitos (AGIL) Q2FY19 numbers were disappointing and below our estimates on all parameters. While the volume growth was 8.4% YoY, poor realizations impacted the overall revenue growth, which stood in low single digits at 2.9% YoY. EBITDA margins contracted sharply by 712bps YoY to 6.4%, impacted by muted realization, higher gas prices and staff cost.
Asian Granito India Ltd. is trading below it's 100 day SMA of 197.2