ADANI ENTERPRISES LTD.
Ventura
UPDATE NOTE
| Summary | Date | Stock | Author | LTP | Target | Price at reco (Change since reco%) |
Upside(%) | Type | Report | Discuss | |
|---|---|---|---|---|---|---|---|---|---|---|---|
| 17 Jan 2023 | Adani Enterprises |
Ventura
|
2369.40 | 5999.00 | 3639.35 (-34.89%) |
Buy
|
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| 23 Sep 2022 | Adani Enterprises |
Ventura
|
2369.40 | 4310.00 | 3559.10 (-33.43%) |
Buy
|
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| 06 Jul 2022 | Adani Enterprises |
Ventura
|
2369.40 | 2821.00 | 2373.25 (-0.16%) | Target met |
Buy
|
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| 10 Nov 2021 | Redington |
Prabhudas Lilladhar
|
292.00 | 213.00 | 153.50 (90.23%) |
Buy
|
Q2FY22 Result Update - Strong Operational performance! - BUY
Prabhudas Lilladhar
Redington's revenue growth of 11% YoY was below our and cons estimates (Ple: 15.4%, Cons: 14.3%) due to decline in overseas revenue, -0.4% YoY, while India business grew at strong rate of 30% YoY. Muted performance in overseas was led by decline of 23% YoY in SSA (7% of overseas revenue, due to ongoing shift of vendor business from Singapore to India initiated in 3Q21)...
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| 28 May 2021 | Redington |
Prabhudas Lilladhar
|
292.00 | 267.00 | 262.60 (11.20%) | Target met |
Buy
|
Q4FY21 Result Update - Capitalised WFH in a perfect way! - BUY
Prabhudas Lilladhar
EBIT margins were at all-time high of 2.5% (+80 bps YoY, +20 bps QoQ) Redington delivered strong result in Q4FY21 with led by strong growth in India business. In India, there is strong demand for security, collaboration, mobility and cloud. Though there may be near term softness in India due to COVID, management expects strong pent up demand led recovery in 2HFY22. Growth in overseas business picked up led by META region. There is strong demand led by Government ICT spending in MEA and in areas such as IoT,...
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| 06 Nov 2017 | Redington |
Axis Direct
|
292.00 | 182.00 | 178.00 (64.04%) | Target met |
Buy
|
Result Update:Redington India
Axis Direct
Redingtons Q2FY18 revenue and margin performance were in line with our estimates. Overseas operations grew ~10% YoY, whereas India operations recorded 6% YoY growth despite the impact of GST (ex-GST growth would have been 11-11.5% YoY). EBITDA at 1.9% was largely steady QoQ.
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| 05 Jun 2017 | Redington |
Axis Direct
|
292.00 | 167.00 | 149.10 (95.84%) | Target met |
Buy
|