Latest broker research reports from Rudra Shares and Stock Brokers Ltd buy, sell, hold, neutral recommendations along with
share price targets forecast and upside.
- This broker has downgraded this stock from it's previous report. (eg. - Buy->Hold)
- Broker has maintained previous recommendation but reduced share price target.
- This broker has upgraded this stock from it's previous report.(eg. - Sell->Hold)
- Broker has maintained previous recommendation but increased share price target.
Company has won a global contract worth ` 550 crore from Ford for the delivery of circa 8 million camshafts over the life of the program, which is expected to commence supplies from 201819. The camshafts are to be supplied to their facilities in Spain and China. Further, company will build a green field plant in Brazil for General Motors , its first stand-alone plant outside the country. This new facility that will be built at a cost of ` 80 crore will be...
In order to have better management and clear focus of its business activities, Talwalkars has proposed to demerge into two companies (likely to happen by Q3FY18) Gym (Pure Gym business) and Lifestyle (Fitness club + Property + Zorba + Reduce + Nuform etc.). The Gym Co. will retain the name as Talwalkars Better Value Fitness Ltd. (TBVFL) while the lifestyle company will be named as Talwalkars Lifestyles Ltd. As a result of demerger, the financial parameters will improve significantly, debt in Company will reduce, result in high double-digit ROCE, more cash on the books, and for other non- gym business will be transferred to the Lifestyle Company, thus improving the Debt Equity ratio of Gym Co....
Company has a global footprint with its products available not just across India but also all over Middle East, UK, USA, Germany, Spain, Italy and African and South East Asian countries. International business has lagged during the year, decline was due to lower brand strength in foreign markets as well as an issue with a distributor. Going forward, the strategy is to...
Strong Clientele Base:Company is a well established auto component Tier 1 supplier to both the 2 wheeler, 4 wheeler and industrial segments. Notable large OEM customers include Bajaj Auto, Hero Motor, Yamaha, Honda, Suzuki, TVS, Tata Motors, GM, Renault, Nissan, Ford, Jaguar, Volvo, Caterpillar, Perkins, Tata Cummins, Magna, Honeywell, Continental and Jatco. Company expects strong relationship with OEMs offers a big opportunity for RAIL to expand its product offerings and increase content per vehicle. RAIL has won a new Differential Housing Business order from GKN and BMW. Also ramp up in exports to Jatco and Renault is...
No mark registered net sales of around ` 5.3 crore sales in Dec'16 quarter. The business is improving, but new products planned will be launched only in April'17 onwards. Company testing out the new strategy of focusing on No Marks Cream in one state at a time, the results of which will be known in a couple of month's time. So, if the results turn out to be positive sometime in...
