31 Jan 2025
Voltamp Transformers
Emkay
8057.00
13350.00
8358.15
(-3.60%)
65.69
Buy
Broker Report
We maintain BUY on Voltamp Transformers (VAMP) with unchanged TP of Rs13,350. VAMP’s Q3FY25 revenue/EBITDA came in at Rs4.8bn/Rs990mn (+18%/+21% YoY).
30 Jan 2025
Bharat Electronics
Motilal Oswal
377.50
360.00
278.75
(35.43%)
Target met
Buy
Broker Report
Bharat Electronics (BHE)’s 3QFY25 results came ahead of our estimates on all parameters. Revenue growth was led by a strong order book, which stood at INR771b. Order inflows stood at INR110b during 9MFY25.
30 Jan 2025
Rites
Axis Direct
Target
264.50
305.00
258.35
(2.38%)
Target met
Buy
Broker Report
We maintain our recommendation of BUY on the stock.
30 Jan 2025
APL Apollo Tubes
Geojit BNP Paribas
1645.60
1768.00
1475.90
(11.50%)
Target met
Buy
30 Jan 2025
Apcotex Industries
Axis Direct
Reco
Target
404.75
380.00
338.35
(19.62%)
Target met
Buy
Broker Report
We upgrade our rating on the stock to BUY as the valuations appear attractive at the current level.
29 Jan 2025
JTL Industries
Axis Direct
Target
78.55
115.00
94.01
(-16.45%)
46.40
Buy
Broker Report
We maintain our BUY rating on the stock.
29 Jan 2025
Kirloskar Pneumatic
Prabhudas Lilladhar
1272.70
1564.00
1105.40
(15.13%)
22.89
Buy
29 Jan 2025
Apar Industries
Prabhudas Lilladhar
Target
7865.00
8219.00
7282.00
(8.01%)
Target met
Accumulate
29 Jan 2025
R R Kabel
Prabhudas Lilladhar
Target
1210.80
1812.00
1245.40
(-2.78%)
49.65
Buy
29 Jan 2025
Bharat Heavy Electricals
Prabhudas Lilladhar
Reco
Target
215.57
226.00
199.86
(7.86%)
Target met
Accumulate