11 Feb 2025
VST Tillers Tractors
BOB Capital Markets Ltd.
Target
3779.60
3267.00
3835.75
(-1.46%)
Target met
Sell
Broker Report
Q3 revenue grew 29% YoY (-23% MoM) to ~Rs 2.2bn, driven by volume gain of ~34%, dragged by 4% lower realisations of Rs 0.27mn (YoY)
11 Feb 2025
EPL
Motilal Oswal
Target
239.40
300.00
249.89
(-4.20%)
25.31
Buy
Broker Report
EPL reported an EBITDA of INR2b (+10%YoY) in 3QFY25, below estimates due to lower-than-expected performance of AMESA (down ~9.5% YoY) and EAP (~down 2.9% YoY), primarily driven by the slowdown in the Indian market and currency depreciation in Egypt, respectively.
11 Feb 2025
Escorts Kubota
BOB Capital Markets Ltd.
Target
3514.10
2533.00
3129.70
(12.28%)
27.92
Sell
Broker Report
Q3 tractors volume rose by 25% YoY (combined volume from JV partners) aided by industry growth, realisation fell 13%
10 Feb 2025
Mold-Tek Packaging
Axis Direct
Target
605.00
600.00
567.05
(6.69%)
-0.83
Hold
Broker Report
We maintain our HOLD rating on the stock
10 Feb 2025
Finolex Industries
Prabhudas Lilladhar
Target
192.47
229.00
195.01
(-1.30%)
18.98
Accumulate
10 Feb 2025
Maharashtra Seamless
Ventura
711.00
740.00
620.35
(14.61%)
Target met
Buy
Broker Report
Update Note
10 Feb 2025
Finolex Industries
BOB Capital Markets Ltd.
Reco
Target
192.47
250.00
195.01
(-1.30%)
29.89
Buy
Broker Report
Gained market share in pipe segment in a difficult environment by offering heavy discounts to its dealers
10 Feb 2025
BEML
Prabhudas Lilladhar
Target
3618.00
3561.00
3085.25
(17.27%)
Target met
Accumulate
10 Feb 2025
Cummins
Prabhudas Lilladhar
Reco
Target
2986.20
3723.00
2890.40
(3.31%)
24.67
Buy
10 Feb 2025
PSP Projects
Axis Direct
Reco
Target
674.45
695.00
622.40
(8.36%)
3.05
Buy
Broker Report
We maintain our recommendation to BUY on the stock.