11 Feb 2025
VST Tillers Tractors
BOB Capital Markets Ltd.
Target
3746.10
3267.00
3835.75
(-2.34%)
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)
10 Feb 2025
PSP Projects
Axis Direct
Reco
Target
669.80
695.00
622.40
(7.62%)
3.76
Buy
Broker Report
We maintain our recommendation to BUY on the stock.
10 Feb 2025
Mold-Tek Packaging
Axis Direct
Target
564.90
600.00
567.05
(-0.38%)
6.21
Hold
Broker Report
We maintain our HOLD rating on the stock
10 Feb 2025
HG Infra Engineering
Axis Direct
Target
1236.00
1720.00
1234.85
(0.09%)
39.16
Buy
Broker Report
We maintain our BUY recommendation on the stock.
10 Feb 2025
HG Infra Engineering
IDBI Capital
Target
1236.00
1463.00
1234.85
(0.09%)
18.37
Buy
10 Feb 2025
BEML
Prabhudas Lilladhar
Target
3701.60
3561.00
3085.25
(19.98%)
Target met
Accumulate
10 Feb 2025
Maharashtra Seamless
Ventura
701.35
740.00
620.35
(13.06%)
Target met
Buy
Broker Report
Update Note
10 Feb 2025
Cummins
ICICI Securities Limited
Reco
Target
2994.10
2900.00
2890.40
(3.59%)
Target met
Hold
Broker Report
Cummins reported a robust Q3 revenue print; margin remains off its peak levels seen in H2FY24 (though still robust). A sequential revenue jump of 24% was largely driven by the HHP segment of the domestic power gen business (74% contribution to incremental revenue QoQ).
10 Feb 2025
Finolex Industries
Prabhudas Lilladhar
Target
192.78
229.00
195.01
(-1.14%)
18.79
Accumulate
10 Feb 2025
Finolex Industries
BOB Capital Markets Ltd.
Reco
Target
192.78
250.00
195.01
(-1.14%)
29.68
Buy
Broker Report
Gained market share in pipe segment in a difficult environment by offering heavy discounts to its dealers