Broker research reports for stocks which have been upgraded by brokers. Both recommendation upgrades,
as well as share price target upgrades are available for companies in Industry - Electronic Components.
Broker Research reports: latest Upgrades
for Industry - Electronic Components
Cyient DLM (CYIENTDL) reported a healthy quarter, with revenue growth of ~19% YoY in 1QFY25, led by significant traction in the aerospace and defense verticals.
Strong order inflows, traction in execution to drive growth Sizeable order wins for HRL have translated to a record high order book of | 340 crore, (85:15 mix in favour of railways & industrials segment) with railways being the major client. The company expects | 160-170 crore worth of orders to be executed in H2FY20E providing strong revenue visibility for the year. HRL is currently L1 in orders worth | 350 crore suggesting strong order inflows in the medium term. It received orders worth | 100 crore for Q2FY20. Post Budget 2021, railway tendering activity is expected to further...
Order book additions, traction in execution key driver Indian Railways, HRL's largest client, has maintained strong momentum in tendering activity over the past year. Sizeable order-wins for HRL has translated in a record high order book of | 330 crore, up ~55% YoY (80:20 mix in favour of railways & industrials segment). The company expects | 220 crore worth of orders to be executed in FY20E providing strong revenue visibility for the year. On the railway side, key revenue drivers for HRL in Q1 were traction transformers for locomotives (6531 kVA freight; 7775 kVA ...