Latest broker research reports from BP Wealth buy, sell, hold, neutral recommendations along with target prices forecast and upside.
|Summary||Date||Stock||Broker||LTP||Target||Price at reco|
Change since reco(%)
|2019-02-11||I G Petrochemicals L..||BP Wealth||306.00||512.00||220.90 (38.52%)||67.32||Buy|
|2019-02-07||MOIL Ltd.||BP Wealth||157.00||238.00||162.00 (-3.09%)||51.59||Buy|
|2019-02-05||Automobiles & Auto C..||BP Wealth||Sector Update|
|2019-02-05||Aarti Industries Ltd.||BP Wealth||1466.00||1866.00||1677.00 (-12.58%)||27.29||Hold|
|2019-02-01||GMM Pfaudler Ltd.||BP Wealth||1181.00||1273.00||1124.95 (4.98%)||Target met||Buy|
|2019-01-31||Granules India Ltd.||BP Wealth||112.25||146.00||91.10 (23.22%)||30.07||Buy|
|2019-01-30||Piramal Enterprises ..||BP Wealth||2604.20||2784.00||2067.00 (25.99%)||6.90||Buy|
|2019-01-28||IPO||BP Wealth||IPO Avoid|
|2019-01-25||Dishman Carbogen Amc..||BP Wealth||208.85||313.00||218.00 (-4.20%)||49.87||Buy|
|2019-01-10||Pharmaceuticals & Bi..||BP Wealth||Sector Update|
|2019-01-04||Automobiles & Auto C..||BP Wealth||Sector Update|
|2018-12-05||Automobiles & Auto C..||BP Wealth||Sector Update|
|2018-11-16||I G Petrochemicals L..||BP Wealth||306.00||955.00||437.00 (-29.98%)||212.09||Buy|
|2018-10-31||Granules India Ltd.||BP Wealth||112.25||136.00||98.20 (14.31%)||21.16||Buy|
|2018-10-26||GMM Pfaudler Ltd.||BP Wealth||1181.00||1212.00||966.00 (22.26%)||Target met||Buy|
|2018-09-24||Aavas Financiers Ltd.||BP Wealth||1156.00||IPO Note|
|2018-08-13||GMM Pfaudler Ltd.||BP Wealth||1181.00||1203.00||1035.00 (14.11%)||Target met||Buy|
Strong Performance across verticals : Maintain BUY GMM Pfaudler Ltd (GMM), for Q1FY19, reported a strong set of numbers. Revenue grew at 35.4% YoY to Rs 932mn (est Rs 925mn). EBITDA showed growth of 93.4% YoY to Rs 153mn (est Rs146mn) with 494bps YoY increase in margin from 11.4% in Q1FY18 to 16.4% in Q1FY19 due to higher export revenue and lower power cost. Net profit inclined by 63.9% to Rs 91mn (est. Rs 88mn) due to operationally strong performance. During the quarter, export accounted for 10% of revenue compared to the...
|2018-08-07||I G Petrochemicals L..||BP Wealth||306.00||1117.00||539.95 (-43.33%)||Buy|
mainly due to favorable PAN/OX spread. During Q1FY19, production of PAN volume has shown 8.1% growth on the sequential basis from 37,000 in Q4FY18 to 40,000 in Q1.On a sequential basis EBITDA margin shown solid improvement (20.4% in Q4FY18) due to the higher gross margin of 35.5% com- Sector Outlook...
|2018-08-07||CreditAccess Grameen..||BP Wealth||474.30||IPO Avoid|
CreditAccess Grameen Ltd (CAGL) (formely Grameen Koota), founded in 1991 is the second largest Issue Details rural focused MFI-NBFC and the third largest MFI-NBFC in India. The company's promoter Offer Period CreditAccess Asia N.V operates in 4 countries across Asia through its subsidiaries, specializing in MSE financing. The company focuses on providing micro loans to women in rural areas and has a customer base of 2.2 Mn with gross loan portfolio outstanding of INR 49.75 Bn as of FY18.CAGL Price Band operates across eight states spanning Karnataka, Maharashtra, Tamil Nadu, Madhya Pradesh, Goa, Kerala & Odisha. The company has a presence across 132 districts in these states served through...
|2018-07-24||HDFC Asset Managemen..||BP Wealth||1487.00||IPO Subscribe|
Established in 1999,HDFC AMC is a joint venture between HDFC and Standard life investments Limited.SLI is part of Standard Life Aberdeen plc., a global leading investment company. HDFC Offer Period AMC is the largest AMC in India in terms of equity AUM and amongst the top 2 in terms of total AUM, standing at INR 2.9 trillion as of FY18.The company has a diverse product base that has Price Band helped in targeting a large amount of individual customers with a total of 133 schemes as of FY18.The company remains the most profitable AMC in terms of net profits. HDFC AMC also provides portfolio management and individual account services on a discretionary as well as non discreBid Lot...