Rudra Shares and Stock Brokers Ltd Broker Research reports

The demand for ATBS is very strong. As crude/oil price increases the demand for ATBS alslo increases, which gives pricing power to the company. For, FY19 demand in 2-Acrylamido 2 Methylpropane Sulfonic Acid (ATBS) would lead to sales...

Company have performed very well for the FY 2018, achieved record levels for production, sales, revenue and profits. Have improved product quality, introduced new innovative products and made significant improvements in on-time-in-full delivery. The continuous focus in improving customer experience through engagement and new product introduction resulted in...

Company have performed very well for the FY 2018, the year has started on a encouraging note. Along with improved sales volumes, the mix has changed favorably towards the value-added products. After Maharashtra, Uttar Pradesh has become the 19th state in the country to ban the usage of plastic bags. The ban will further boost the demand for the Kraft paper for...

One of the largest manufacturer of fasteners in India with supplier of high tensile (HT) fasteners to Honda & Maruti . It is one of the progressive OEM suppliers in India with a client base that spans automotive companies in India, Europe and USA. Some of its marquee list of customers includes Hero, Ashok Leyland, TAFE, Mahindra and Mahindra, Volvo, Suzuki, Fiat, Eicher, General Motors, etc. Further, management has a vision to expand exports to North America and other Latin countries in years to come. Tie - up with Meidoh - Gain additional business in PV segments STL will get the technical know-how from Meidoh for all its facilities that will enable STL to manufacture specialized fasteners. Meidoh already has global tie ups with Suzuki that will enable STL to push for specialized fastener supply to Maruti...

Foray into various divisions beginning from auto components division to establishing the bus division as an OEM and moving ahead as an electric vehicle fore-runner. PV segment- well poised for future growth The PV segment, in particular, is set to cruise smoothly in India on the back of lower car penetration, increasing affordability and rising disposable income. At present, PVs currently constitute 13% of total automobile sales volumes compared to 81% for the two-wheeler (2W) segment. There is a massive long term growth potential for the PV segment. JBM is in the sweet spot to capture this growth as it generates around 75 % of its revenue from this segment....

GoI has increased its investment towards agricultural and poultry industry which will benefit GAVL with its diversified business verticals coupled with pan India presence and established Godrej brand. Its significant investments towards R&D; and diversified business model would help to drive growth, optimize capital...

UPL's long-term prospects remain positive, led by focus on branding and launching new innovative products, maintaining geographical presence , product and crop diversity, increasing share in the global agrochemical market, improving Innovation Turnover Index and consistently investing in backward as well as forward integration, resulting in better cost management. Acquisition of Arysta Life Sciences, a part of the US-based Platform Specialty Products, will make UPL the world's fifth largest crop protection company and the largest generic player with combined revenues of slightly lower than $4.6 billion . The company is currently the ninth largest with annual revenues of $2.7 billion. Further, given the strong manufacturing base of UPL, sourcing costs will be reduced as Arysta gets most of its raw materials from India and China. A strong supply chain can...

Company's FY18 performance shows its strategy to move away from loss - making segments and increase focus on more lucrative verticals including rural, housing and select wholesale financing is paying off. In FY18, exposure to Defocused Book was reduced to ` 1540 crore compared with `2671 crore in FY17 . During the period,...

Bandana Bank, despite being a former micro-finance players and considering the impact of demonetization, posted the lowest NPAs amongst scheduled commercial banks with a GNPA ratio of 1.25% & NNPA ratio of 0.58% as on 31st March 2018 . In absolute terms, gross NPA were `373.14 core compared with `86.26 cores and Net NPA stood at `172.90 core against `61.17 cores. However,...

Bank has achieved various key milestones in FY18 and entered the large bank growth phase while crossing assets level of ` 3 lakh crore, advances level of ` 2 lakh crore as well as deposits base of ` 2 lakh crore and emerging as fourth largest privet sector bank . The International Banking Unit at GIFT city has continued to expand business, with total assets crossing US$ 2.5 billion within 3 years of operations. Well positioned to deliver on growth & earnings, Steady NIMs - Enhance profitability Advances grew by 53.9% y-o-y to ` 2,03,533.9 Crores in FY 2018 on the back of robust growth across Corporate (67.9% of advances, up by 54.1% y-o-y), MSME and Retail businesses segments . Core retail banking advances doubled in FY2018, while gained share to 12.2% of total Advances from 9.4%. MSME loan book also surged 34.4% end March 2018 over March 2017. Going forward,...