| Summary | Date | Stock | Author | LTP | Target | Price at reco (Change since reco%) |
Upside(%) | Type | Report | Discuss | |
|---|---|---|---|---|---|---|---|---|---|---|---|
| 22 Jan 2016 | Chambal Fertilisers |
Phillip Capital
|
426.85 | 80.00 | 54.90 (677.50%) | Target met |
Buy
|
ChamblFert 22Jan2016
Phillip Capital
9 Results modestly ahead of estimates led by improved profitability of shipping and fertiliserdivisions.SignificantlylowerotherincomepulledadjustedPATdownby8%yoy (in line with our estimates). Gross margins were steady qoq at 36%. Other income...
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| 29 Oct 2015 | Coromandel |
HDFC Securities
|
2283.50 | 250.00 | 187.40 (1118.52%) | Target met |
Buy
|
Coromandel International (2QFY16): Bumpy ride continues. Maintain BUY
HDFC Securities
Coromandel International (CRIN) reported an EBITDA of Rs 3.1bn (-10% YoY), led by the non-subsidy business (-25%). Unfavourable weather conditions and muted agri-commodity prices put pressure on pesticides in the domestic and export markets. Higher other income and lower interest cost (easing subsidy situation) helped a bit, with PAT at Rs 1.7bn (-4%).
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| 29 Oct 2015 | Coromandel |
Phillip Capital
|
2283.50 | 290.00 | 187.40 (1118.52%) | Target met |
Buy
|
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| 31 Jul 2015 | Coromandel |
Phillip Capital
|
2283.50 | 310.00 | 243.35 (838.36%) | Target met |
Buy
|
Coromandel 31July2015
Phillip Capital
Coromandel's Q1FY16 results disappoint due to oneoff issues (production restrained by feed availability, inventory writeoffs for cropchemicals, delayed subsidy reimbursements) that led to higher hedging costs and interest outgo. Positively,...
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