Joindre Capital Services Broker Research reports

Central Depository Services (CDSL) was set up in 1999, is the leading depository in India in terms of incremental market share, garnering 63% share of incremental demat accounts in FY19. CDSL offers dematerialisation for equity and preference shares, MF units, debt instruments and G-Secs. It also offers corporates facilities to credit securities to BO demat accounts in order to effect corporate actions. CDSL also offer other online services such as e-voting, e-Locker, National Academy Depository, easi (Electronic Access to Security Information), easiest (Electronic Access to Security Information and Execution of Secured Transaction) drafting and preparation of wills for succession...

New Standard Engineering Company Ltd, now renamed as Nesco Limited, owns a 65acre land parcel near Mumbai's airport is exhibition centerbusiness& rentals of IT parks. Bombay Exhibition Centre (BEC) India's largest in the private sector & was started in 1991. Nesco also has a capital goods division based in Gujarat, where it owns 15 acres of land and has 3 units. In 1986, the company diversified into the realty business by developing and providing customized builtup space for multinational companies and leading corporate at Goregaon. Its business segments include Nesco IT Park, Bombay Exhibition Centre, Indabrator, and Investment and other income. Nesco has also started...

In a surprising and bold move the government has announced a reduction in the corporate tax rate from 34% to 25.17% effective FY20 thereby fulfilling its key agenda of implementing the Direct tax Code (DTC). This is a massive trigger for revving up growth and, more importantly, resurrecting the equity market sentiments which were largely beaten down. The immediate benefit of this reduced tax rate will be seen in increased cash flows to corporate India that will be either be channelized into debt reduction or incremental investments in increasing fresh capacities....

Federal Bank Limited (FBL) is a major private sector bank headquartered at Aluva, Kerala with 1,251 branches and 1,668 ATMs spread across 25 states, Delhi NCR and 4 union territories. The Bank was incorporated on April 23, 1931 as the Travancore Federal Bank Limited, Nedumpuram and Late K.P. Hormis, the visionary banker and founder took up the reigns in 1945 and built the bank a nationwide institution. The bank's business segments include Retail, Corporate, Business Banking, Commercial Banking and Agriculture. FBL is a pioneer among traditional banks in India in the area of using technology to leverage its...

L&T; Technology Services (LTTS) was established through a group restructuring exercise by the L&T; Group, wherein, integrated engineering services of L&T; and product engineering services business of L&T; Infotech were transferred to LTTS. As a result, LTTS has emerged as one of the leading global pure-play ER&D; services, providing services to manufacturing, technology and process engineering companies, LTTS has active presence in 10 verticals: consumer electronics, semiconductor, aerospace, medical devices, telecom, energy, construction & heavy machinery, automotive, transport, industrial Products. LTTS captures data from IoT...

Incorporated in 1985, SeQuent Scientific Ltd (SSL) undertakes its animal health business via Alivira Animal Health Limited, which is engaged in manufacturing veterinary APIs and formulations. Earlier SSL was engaged in the manufacturing human APIs, which has been demerged with effect from October, 2017. SSL is now involved in manufacturing Praziquantel a human and animal API and intermediates. SSLs subsidiary - SeQuent Research Limited - offers analytical services to the pharma industry. SSLs (consolidated) portfolio consists of about 23 commercial products in animal health API and over 500 products across 12...

DNL holds a strong market position in India in several of its chosen niches within the chemical industry. DNL's inhouse R&D; has recently helped add successful new products to its line-up and a strong export...

Orient Electric Limited (OEL) is part of the diversified Indian conglomerate CK Birla Group. OEL has today established itself in the market as a one-stop brand for lifestyle electrical solutions which include Fans, Lighting, Home Appliances and Switchgears. OEL has a fully integrated manufacturing facility based in Kolkata, Faridabad, Noida and Guwahati. It is also the largest manufacturer and exporter of fans from India with a dominating presence in over 35 international markets. OEL is also the second largest manufacturer of LED bulbs in India and the first Indian lighting brand to have been awarded BEE star rating for LED bulbs. In the domestic market, OEL has a wellorganised distribution network driven by over 4000 dealers, 1,00,000 retail outlets & a...