Borosil Ltd - Near termgrowth captured, downgrade to Hold
Monarch Networth Capital Limited
| Summary | Date | Stock | Author | LTP | Target | Price at reco (Change since reco%) |
Upside(%) | Type | Report | Discuss | |
|---|---|---|---|---|---|---|---|---|---|---|---|
| 20 Aug 2024 | Borosil |
Monarch Networth Capital Limited
|
334.25 | 420.00 | 414.20 (-19.30%) | Target met |
Hold
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| 15 Aug 2024 | Cello World |
Monarch Networth Capital Limited
|
625.40 | 960.00 | 888.45 (-29.61%) |
Accumulate
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| 21 Jun 2018 | Borosil Renewables |
Edelweiss
|
659.70 | 1015.00 | 938.25 (-29.69%) | Target met |
Hold
|
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| 09 Nov 2017 | La Opala RG |
Centrum Broking
|
223.84 | 550.00 | 513.40 (-56.40%) | Target met |
Hold
|
La Opala RG
Centrum Broking
We downgrade the stock to Hold with TP of Rs550 (earlier TP Rs555) as we value the company on our conservative Adj. OCF/EV yield based methodology. While the revenue growth has bounced back in the quarter on the back of re-stocking and healthy festive season demand along with margin expansion, competitive intensity continues to remain high. Our channel check suggests that both Borosil and Cello have launched new designs in the market and continue to offer higher trade margins. Uncertainty regarding use of cash on books while valuations at 41x/31x...
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| 10 Dec 2016 | La Opala RG |
Karvy
|
223.84 | 548.00 | 516.25 (-56.64%) | Target met |
Hold
|
La Opala RG Ltd: Moderate Growth, Operating Performance Cont... (Dec 10, 2016)
Karvy
Moderate Growth, Operating Performance Continue to Sustain during H1FY17: Moderate Growth in Revenues during H1FY17, but strong operating performance - La Opala witnessed a flat growth of 5.2% YoY in revenues the half yearly basis. Topline during H1FY17 stood at Rs.1209 Mn compared to Rs.1149 Mn in H1FY16. However, the absolute EBITDA grew by 22.4% YoY during the first half with EBITDA margins improving by 527 basis points (bps) with 37.6% in H1FY17 compared to 32.3% in H1FY16, mainly on account of decrease in the raw material, power & fuel and advertisement expenses as % of topline. EBITDA during H1FY17 stood at Rs.454 Mn compared to Rs.371 Mn in H1FY16.
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