Nippon
Yes Securities
| Summary | Date | Stock | Author | LTP | Target | Price at reco (Change since reco%) |
Upside(%) | Type | Report | Discuss | |
|---|---|---|---|---|---|---|---|---|---|---|---|
| 27 Apr 2022 | Nippon Life Asset Mgmt |
Yes Securities
|
899.65 | 450.00 | 311.35 (188.95%) |
Buy
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| 27 Apr 2022 | Bajaj Finance |
Yes Securities
|
978.75 | 9000.00 | 6626.15 (-85.23%) | Pre-Bonus/ Split |
Buy
|
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| 26 Apr 2022 | Crisil |
Yes Securities
|
4441.10 | 4100.00 | 3672.75 (20.92%) |
Buy
|
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| 25 Apr 2022 | ICICI Bank |
Yes Securities
|
1371.50 | 1043.00 | 743.30 (84.52%) |
Buy
|
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| 25 Apr 2022 | HCL Technologies |
Yes Securities
|
1607.60 | 1407.00 | 1079.25 (48.96%) |
Buy
|
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| 10 Nov 2020 | Honeywell Automation |
Yes Securities
|
34330.00 | 36310.00 | 29063.50 (18.12%) | Target met |
Buy
|
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| 09 Nov 2020 | PSP Projects |
Yes Securities
|
881.15 | 519.00 | 390.35 (125.73%) | Target met |
Buy
|
PSP Projects
Yes Securities
Surat Diamond project (SDB) revenues were soft in Q2 FY21 due to low labor availability(whichimprovedonlyinAugust).SDBrevenuesareexpectedtopick upfromQ3FY21onwards.TheQ2FY21monthlyexecutionrateofRs.220mnis expectedtoriseto500600mnonmonthlybasisinQ3forSDB.TheCompany...
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| 07 Nov 2020 | Ujjivan Small Finance |
Yes Securities
|
58.44 | 40.00 | 32.45 (80.09%) | Target met |
Buy
|
Ujjivan Small
Yes Securities
A large PPOP/earnings beat in Q2; improved cost metric alleviating creditcostimpactonRoARateBUYwith12mPTofRs40 UjjivanSmallFinanceBank(USFB)deliveredalargebeatonearningsinQ2FY21led byastrongerNIIperformance,highernoninterestincome,controlledopexgrowthand lowerthanestimatedprovisioning.Sequentialdeclineingrossadvancesat3.4%(yoy growth decelerated sharply to 8%) was caused by 6% contraction of Micro Banking portfolio(sharedeclinedto76%)wherethebankhasbeencautiousondisbursements and has tightened credit policy. Qoq growth in affordable housing and MSE lending...
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| 06 Nov 2020 | Manappuram Finance |
Yes Securities
|
307.10 | 225.00 | 158.50 (93.75%) |
Buy
|
Manappuram Fin
Yes Securities
and lowerthanexpected provisions (management's expectation of sustained improvement in collection efficiency in nongold businesses). However, we see the billingcollectiontrends(w/oarrearsandforeclosures)inMFIandCVportfolioasbeing weakerthanpeercompaniesinthesesegments.Thus,weretainourconservativeloan loss outcomes in microfinance (7.5%), vehicle finance (6%) and housing finance (4%) businesses.Notwithstandingthis,weestimateMGFLtodeliver5%RoAinthecurrent yearonthebackofsolidprofitabilityingoldloans.Ascreditcostwouldbemuchlower in nongold segments during FY22, the consol. RoA could climb above 5.5%. RoE...
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| 03 Nov 2020 | CreditAccess Grameen |
Yes Securities
|
1331.30 | 810.00 | 722.85 (84.17%) | Target met |
Buy
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