29 Apr 2025
TVS Motor Company
BOB Capital Markets Ltd.
Target
2743.20
2738.00
2702.60
(1.50%)
Target met
Hold
Broker Report
Q4 revenue grew in double digits at 17%/5% YoY/QoQ) to Rs 95.5bn, backed by volume growth of 16% YoY (flat QoQ) to ~1.22mn units
28 Apr 2025
IDFC First Bank
BOB Capital Markets Ltd.
Target
72.31
79.00
66.50
(8.74%)
9.25
Buy
Broker Report
PAT beat estimates, aided by higher non-interest income and lower operating expenses
27 Apr 2025
DCB Bank
BOB Capital Markets Ltd.
Target
146.50
160.00
127.03
(15.33%)
9.22
Buy
Broker Report
Business growth remains strong with a rising focus towards high-yielding advances
25 Apr 2025
Laurus Labs
BOB Capital Markets Ltd.
Reco
Target
667.35
641.00
625.65
(6.67%)
Target met
Hold
Broker Report
Revenue/EBITDA/PAT exceeded our estimates by 8.4%/32.6%/110.3%; EBITDA margin surpassed our estimate by 440 bps
25 Apr 2025
Persistent Systems
BOB Capital Markets Ltd.
Target
5790.50
3703.00
5273.50
(9.80%)
36.05
Sell
Broker Report
Delivers industry leading growth in FY25 and in 4QFY25 and maintains its aspiration of US$2bn revenue by FY27 (20% CAGR)
25 Apr 2025
SBI Life Insurance
BOB Capital Markets Ltd.
Target
1790.80
2008.00
1695.10
(5.65%)
12.13
Buy
Broker Report
Moderate APE growth of 2% YoY in Q4FY25, 9% YoY in FY25; while VNB margins expand ~200bps YoY in Q4
25 Apr 2025
Hindustan Unilever
BOB Capital Markets Ltd.
Target
2393.20
2713.00
2332.20
(2.62%)
13.36
Buy
Broker Report
4QFY25 sales were in line, but EBITDA 2% ahead of Bloomberg consensus
25 Apr 2025
Axis Bank
BOB Capital Markets Ltd.
Target
1219.90
1354.00
1166.30
(4.60%)
10.99
Hold
Broker Report
Muted advances and deposits growth, with low signs of improvement in near term
25 Apr 2025
Dalmia Bharat
BOB Capital Markets Ltd.
Target
2121.60
1742.00
1965.90
(7.92%)
17.89
Sell
Broker Report
Revenue declined by 5% YoY (+30% QoQ) to ~Rs 41bn, as volume growth stunted and realisations fell despite slower volume gains
25 Apr 2025
Nestle
BOB Capital Markets Ltd.
Target
2415.30
2462.00
2413.50
(0.07%)
Target met
Hold
Broker Report
4QFY25 sales were above our estimates, but EBITDA was in line. NEST continues to manage margins despite high cocoa/coffee inflation