Research Reports published by SMC ONLINE

Brokerage Research Reports    
TREND | 14 Jun 2021, 12:00AM
SMC online
price support may able to improve its margin. Disclaimer: This Research Report is for the personal information of the authorized recipient and doesn't construe to be any investment, legal or taxation advice to the investor. It is only for private circulation and use. The Research Report is based upon information that we consider reliable, but we do not represent that it is accurate or complete, and it should not be relied upon as such. No action is solicited on the basis of the contents of this Research Report. The Research Report should not be reproduced or redistributed to any other person(s)in any form without prior written permission of the SMC. The contents of this material are general and are neither comprehensive nor inclusive. Neither SMC nor any of its affiliates, associates, representatives, directors or employees shall be responsible for any loss or damage that may arise to any person due to any action taken on the basis of this Research Report. It does not constitute personal recommendations or take into account the particular investment objectives, financial situations or needs of an individual client or a corporate/s or any entity/s. All investments involve risk and past performance doesn't guarantee future results. The value of, and income from investments may vary because of the changes in the macro and micro factors given at a certain period of time. The person should use his/her own judgment while taking investment decisions. Please note that SMC its affiliates, Research Analyst, officers, directors, and employees, including persons involved in the preparation or issuance if this Research Report: (a) from time to time, may have long or short positions in, and buy or sell the securities thereof, of the subject company(ies) mentioned here in; or (b) be engaged in any other transaction involving such securities and earn...
Motilal Oswal released a Buy report for Brokerage Research Reports on 14 Jun, 2021.
Mahindra & Mahindra Ltd.    
01 Jun 2021
SMC online
Mahindra & Mahindra's business is diversified across farm equipment, auto and automotive components, real estate, hospitality, information technology, defence and aerospace and financial services, M&M; turnaround Q4 result The results include the combined earnings of M&M; and Mahindra Vehicle Manufacturers (MVML), which is a manufacturing unit of M&M.; It has reported Consolidated Revenues at Rs21,456 crores up 32% and consolidated Q4 PAT...
Mahindra & Mahindra Ltd. has gained 59.13% in the last 1 Year
Eicher Motors Ltd.    
31 May 2021
SMC online
Siddhartha Lal, managing director of Eicher Motors, said, 'It has been a challenging year for the industry with the COVID-19 pandemic leading to disruption in production, supply chain and retail operations. We remained agile and responded swiftly by reworking our...
Eicher Motors Ltd. is trading above all available SMAs
Divi's Laboratories Ltd.    
31 May 2021
Divi's Laboratories Ltd. has gained 84.71% in the last 1 Year
SMC online
The company has repaid debt of about $580 million in Fy21. The sale of branded formulations in India business for Q4 FY21 stood at Rs 2,670.90 crore, rising 12.9% over Q4 FY20, accounting for 31.7% of total sales. Sun Pharmaceutical Industries holds approximately 8.2% market share in the over Rs 1,474 billion Indian pharmaceutical market as per AIOCD AWACS MAT March 2021 report. For Q4 FY21, the company launched 31 new products in the Indian market. For US formulations (including Taro), sales were at $370 million, recording a decline of 1.3% over Q4 last year and accounting for about 32% of total consolidated sales. Taro, a US-based...
Promoters unpledged 0.39% of shares in last quarter. Total pledge stands at 8.62% of promoter holdings
Grasim Industries Ltd.    
26 May 2021
SMC online
Revenue and EBITDA from the discontinued operations (Fertiliser Business) for Q4FY21 stood at Rs.560.96 Cr. and Rs.33.16 Cr. (Q4 FY 20: Rs.622.73 Cr. and Rs.68.11 Cr.) respectively which is not included in the financials above. The Fertiliser Business divestment process is expected to be completed by Q2FY22 after receipt of NCLT approvals for the Scheme of Arrangement amongst other pending approvals. While the signs of economic recovery picking up momentum was visible during the Q4FY21, the...
Geojit BNP Paribas increased Hold price target of Grasim Industries Ltd. to 1517.0 on 01 Jun, 2021.
JSW Steel Ltd.    
25 May 2021
SMC online
in operating profit to Rs 8,440.00 crore. Raw material cost as a % of total sales (net of stock adjustments) decreased from 49.27% to 33.60%. Purchase of finished goods cost rose from 0.50% to 0.65%. Employee cost decreased from 4.02% to 2.39%. Other expenses rose from 29.58% to 32.47%. Cost of Sales fell from 58.35% to 39.59%. Inventories cost rose from...
Number of FII/FPI investors increased from 540 to 547 in Mar 2021 qtr.
State Bank of India    
24 May 2021
SMC online
net interest income as well as non interest income, while bank has improved cost to income ratio. Bank has posted robust improvement in asset quality on sequential basis as well as over a year earlier level. Bank has maintained stable Net Interest Margin (NIM) helping Net Interest Income (NII) growth to accelerate in Q4FY2021. Bank has maintained business growth steady...
State Bank of India has gained 58.69% in the last 6 Months
Hindalco Industries Ltd.    
24 May 2021
SMC online
20.69% of total sales). Sales of Others segment has gone up 7.81% to Rs 69.00 crore Aluminium segment has gone up 12.64% to Rs 5,969.00 crore (accounting for 14.51% of total (accounting for 0.17% of total sales). Sales of Novelis segment has gone up 34.42% to Rs...
Hindalco Industries Ltd. has gained 59.82% in the last 6 Months
Shree Cements Ltd.    
24 May 2021
SMC online
Performance for the quarter ended March 2021 Total consolidated income from operation inclined 23% to Rs 4,204.88 crore for the fourth quarter ended March 2021. OPM decreased by 150 bps to 29.4%. The decrement in OPM was due to gain in freight & forwarding cost by 220 bps to 23.4%, employee costs by 70 bps to 6.6%, other expenses by 60 bps to 15.4%, and raw material costs by 40 bps to 7.2% as percentage to sales and net of stock adjustments, partially offset by decline in power & fuel cost by 340 bps to 17%. As a result, the OP growth trimmed to 17% at Rs 1,237.78 crore....
Shree Cements Ltd. has gained 28.79% in the last 1 Year