SYRMA SGS TECHNOLOGY
Prabhudas Lilladhar
Summary | Date | Stock | Author | LTP | Target | Price at reco (Change since reco%) |
Upside(%) | Type | Report | Discuss | |
---|---|---|---|---|---|---|---|---|---|---|---|
29 Jan 2025 | Syrma SGS Technology |
Prabhudas Lilladhar
|
521.95 | 629.00 | 505.10 (3.34%) | 20.51 |
Buy
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29 Jan 2025 | Bharat Heavy Electricals |
Prabhudas Lilladhar
|
243.78 | 226.00 | 199.86 (21.98%) | Target met |
Accumulate
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29 Jan 2025 | Apar Industries |
Prabhudas Lilladhar
|
7816.00 | 8219.00 | 7282.00 (7.33%) | Target met |
Accumulate
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28 Jan 2025 | Kaynes Technology |
Motilal Oswal
|
6104.50 | 6500.00 | 4661.35 (30.96%) | Target met |
Buy
|
Robust order book reaffirms strong growth visibility
Motilal Oswal
Kaynes Technologies (KAYNES) reported a strong 3Q performance, with revenue rising 30% YoY, led by strong traction in the Industrials vertical (up 38% YoY, including EV) and automotive (up 28% YoY).
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24 Jan 2025 | Happy Forgings |
FundsIndia
|
818.40 | 1184.00 | 1042.40 (-21.49%) | 44.67 |
Buy
|
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23 Jan 2025 | Polycab |
BOB Capital Markets Ltd.
|
6102.50 | 8090.00 | 6250.90 (-2.37%) | 32.57 |
Buy
|
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23 Jan 2025 | Polycab |
Motilal Oswal
|
6102.50 | 8380.00 | 6250.90 (-2.37%) | 37.32 |
Buy
|
Strong quarter led by exports and FMEG
Motilal Oswal
Polycab India’s (POLYCAB) 3QFY25 revenue grew ~20% YoY to INR52.3b (in line), as lower-than-estimated revenue in the C&W segment was offset by higher-than-estimated revenue in the FMEG and EPC segments.
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22 Jan 2025 | KEI Industries |
Motilal Oswal
|
3461.70 | 4780.00 | 4127.55 (-16.13%) | 38.08 |
Buy
|
Revenue growth strong, but margins weak
Motilal Oswal
KEI Industries (KEII)’s 3QFY25 revenue grew 20% YoY (in line, as strong revenue growth in the C&W/SSW segment offset lower-than-estimated EPC revenue). Its EBITDA grew ~12% YoY to INR2.4b (3% miss). OPM contracted 70bp YoY to 9.8% (-70bp vs. our estimate) due to a lower margin in the C&W segment.
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22 Jan 2025 | Cyient DLM |
KRChoksey
|
490.50 | 753.00 | 515.00 (-4.76%) | 53.52 |
Buy
|
Result Highlights of Q3FY25
KRChoksey
Cyient DLM reported a 38%/14% year-over-year (YoY) revenue growth during Q3FY25, driven by INR 870 million in revenue from the recently acquired Altek. However, on a standalone basis, revenue grew by only 11%. Net profits were significantly impacted due to acquisition-related costs.
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21 Jan 2025 | APL Apollo Tubes |
IDBI Capital
|
1805.90 | 1880.00 | 1584.20 (13.99%) | 4.10 |
Buy
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