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.
Bandhan 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 0.5% in fiscal year 2017. Bank’s loan book grew 35% in fiscal year 2017, the highest amongst scheduled commercial banks which is expected to increase considering the last quarter growth usually high . Additionally, since beginning operations bank have generated increasing non-interest income as a percentage of overall income, improving from 8.66% for March 2016 to 35.38% for the nine months ended December 31, 2017. This increase in non-interest income has helped to improve margins and returns. Further, it aims to garner more non-interest income to reduce the dependency on the core interest income. Going forward, we see the growth to continue as the bank focuses to serve in under banked and underpenetrated markets in India. The bank looks fairly stable in terms of asset quality even as some of its peers are struggling with high NPAs. We recommend our investors should subscribe to the IPO, And it could be a multibagger in long-term.
To carry out the disinvestment of Equity Shares by the Selling Shareholder. To achieve the benefits of listing the Equity Shares on the Stock Exchanges.
Company’s two additional manufacturing facilities which is in process of setting up at Ibrahimpatnam (near Hyderabad) and Amravati in Maharashtra which shall be used to manufacture SAMs and Very Short Range Air Defence Missiles (VSHORADMs) respectively , expected to be operational by FY2021 & its current order book as of January 31, 2018, at ?10,543cr with additional capital expenditure that the company would incur next year combined with the advantage that it has being the sole manufacturer for SAMs, torpedoes, ATGMs and also the sole supplier of SAMs and ATGMs to the Indian armed forces, with a CAGR growth of around 30% attracts the company.
Moreover, taking into consideration, the current market opportunities in defense and Government of India’s initiative, ‘Make in India’ aims to boost the nation’s domestic manufacturing sector as well as to create market by targeting international market. Considering all these factors, we recommend to SUBSCRIBE the IPO
Transport Corporation of India Ltd (TCI) is one of the largest integrated players in the organized logistics industry, providing Freight, supply chain, warehousing solutions and shipping services. It offers logistics solutions for B2B and B2C clients. Hero Motocorp, Maruti Suzuki India, Dr Reddy's Laboratories, BHEL, Cummins India, ITC, Bata India, Flipkart, Snapdeal are some of the key clients of TCI Express. TCI Express Ltd has laid out plans for ` 400 crore expansion over the next five years to modernize its existing 28 sorting centres across the country and scale up the IT network . The investment, funded through internal accruals, will scale up the company's revenues to ` 4,000 crore in the next five years from the ` 754 crore in 2016-17 . Post expansion, the company looks at about 20 million square feet of space at its sorting centres against the current 100,000-125,000 sqft....
Expect ` 80cr Revenue from Infra business, improve Revenue & profitability in chemical business too Ganesh is expecting a top line of ` 80 crore from the infra business & on the Chemical division front, to improve the revenue & profits, the Company is in process of expanding its product base & increasing the capacity utilization of plants,...
Moving from commoditized business to technology based business
Rudra Shares and Stock Brokers Ltd
Company's vision going forward is to achieve a revenue target of ` 1700-2000 cr by 2022 & at `
900-950 crores by the end of FY19 . Talking about next four-five years, is looking at taking the
revenue up between 30% and 40% from the specialty polymer business . Agreement with Shaw Industries
Ester Industries has entered into a long term agreement with Shaw Industries Group Inc, USA, a
wholly owned subsidiary of Berkshire Hathaway, Inc to supply circa 2,500 tonnes per year of its
stain resistant Master batch MB-03.The total size of this single order is estimated to be around
900 million per year which is more than double the Company’s FY2017 Specialty Polymer
revenues which amounted to 430 million.
White organic is a first and only Listed Company catering to entire organic product range . It has Over 250 Premium Organic products in 12 major categories and 17 sub categories. The company has launched five stores under the Franchise Model located in the high demand markets of Gujarat. With this store expansion, Company will benefit a lot and will make brand - 'White Organics', more visible and popular with customers. Further,...
To help tourism industry grows as one of the main industries through innovative means of financial & advisory assistance and to attain and maintain the leadership role in financing tourismrelated projects. Catalyze and channelize investments into various segments of the tourism industry and across various locations in a need based manner....
In order to retain the leadership position that company have in overseas markets & to grow further in India, MIL made some significant moves in the past year. Going forward, company is in focus for accelerating growth for the REDTAPE Brand in high-traction markets i.e. US, India and UK. REDTAPE will be made available in more retail stores through tie-up with five US retail giants & in...
In order to retain the leadership position that company have in overseas markets & to grow further in India, MIL made some significant moves in the past year. Going forward, company is in focus for accelerating growth for the REDTAPE Brand in high-traction markets i.e. US, India and UK. REDTAPE will be made available in more retail stores through tie-up with five US retail giants & in...
Improvement in Revenue/Capital Employed ratio, operating margins, positive operating leverage with higher asset turnover coupled with limited capex in store expansion, at existing capacities and machinery supply at contracted facilities leads to positive free cash flows and higher return ratios in coming years . Moreover, with GST implementation organized footwear segment is expected to grow better than the current growth. Asset light model, reduction in Debt, good set of numbers, large distribution network &...
