Latest broker research reports from Ventura buy, sell, hold, neutral recommendations along with target prices forecast and upside.
|Summary||Date||Stock||Broker||LTP||Target||Price at reco|
Change since reco(%)
|2019-03-02||RBL Bank Ltd.||Ventura||635.00||820.00||595.50 (6.63%)||29.13||Buy|
India is rapidly migrating to an alternative fuel environment. Yet until relatively recently, despite being a critical clean fuel, natural gas was not given its due prominence as there was a clear lack of policy initiative. Under the Modi government, the push to this fuel segment has been fast tracked as is apparent in the time-bound rollout of the 9th and 10th round of auctions. The government is looking to increase the contribution of gas in the total energy mix from 6% to 22% by 2022. This presents significant visibility to the CGD growth story.
|2019-02-01||Brokerage Research R..||Ventura||Economy Update|
|2019-01-17||Confidence Petroleum..||Ventura||39.25||77.00||45.95 (-14.58%)||96.18||Buy|
|2018-12-28||ADF Foods Ltd.||Ventura||244.75||349.00||260.60 (-6.08%)||42.59||Buy|
|2018-12-26||Great Eastern Shippi..||Ventura||287.10||321.50 (-10.70%)||Not Rated|
|2018-12-18||Gujarat Gas Ltd.||Ventura||151.00||1245.00||679.80 (-77.79%)||Pre-Bonus/|
|2018-09-26||Dinesh Engineers Lim..||Ventura||IPO Subscribe|
|2018-09-25||Aavas Financiers Ltd.||Ventura||1156.00||IPO Subscribe|
|2018-09-24||Garden Reach Shipbui..||Ventura||97.70||IPO Note|
|2018-09-21||Petronet LNG Ltd.||Ventura||241.50||321.00||234.75 (2.88%)||32.92||Buy|
|2018-09-14||Ircon International ..||Ventura||400.15||IPO Note|
|2018-09-08||Jindal Stainless Ltd.||Ventura||40.15||127.00||64.65 (-37.90%)||216.31||Buy|
|2018-08-14||Jyothy Laboratories ..||Ventura||184.05||270.00||222.50 (-17.28%)||46.70||Buy|
We initiate coverage with a BUY for a price target of Rs 270 representing an upside of 22.7% from the CMP of Rs 220 over the next 24 months. We expect the revenues to grow by 12% CAGR to INR 2485 crores by FY2021. On the back of robust revenues, we expect the EBITDA and PAT to grow to Rs 410 crores (18.8% CAGR) & Rs 277.3 crores (15.7% CAGR) respectively by FY21. Operating margins are also set to improve by 120 bps to 16.5% by FY21. Return ratios ROE & ROCE are also expected to remain elevated at 17.1% and 18.6% respectively.
|2018-08-07||CreditAccess Grameen..||Ventura||474.30||IPO Note|
|2018-07-27||HDFC Bank Ltd.||Ventura||2275.10||2695.00||2203.05 (3.27%)||18.46||Buy|
|2018-07-24||RBL Bank Ltd.||Ventura||635.00||742.00||569.70 (11.46%)||16.85||Buy|
|2018-07-24||GHCL Ltd.||Ventura||238.50||247.90 (-3.79%)||Daily Note|
|2018-07-23||HDFC Asset Managemen..||Ventura||1487.00||IPO Subscribe|