Supreme Industries: Q3FY25 Result Revi
IDBI Capital
Summary | Date | Stock | Author | LTP | Target | Price at reco (Change since reco%) |
Upside(%) | Type | Report | Discuss | |
---|---|---|---|---|---|---|---|---|---|---|---|
21 Jan 2025 | Supreme Industries |
IDBI Capital
|
4150.50 | 4820.00 | 3959.05 (4.84%) | 16.13 |
Buy
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21 Jan 2025 | APL Apollo Tubes |
IDBI Capital
|
1582.60 | 1880.00 | 1584.20 (-0.10%) | Target met |
Buy
|
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21 Jan 2025 | Cyient DLM |
Motilal Oswal
|
425.45 | 700.00 | 596.10 (-28.63%) | 64.53 |
Buy
|
Slowdown in order flows dampens growth visibility
Motilal Oswal
Cyient DLM’s (CYIENTDL) 3QFY25 consolidated revenue/EBITDA grew by ~38%/23% YoY. However, EBITDA missed our estimates as margins declined 90bp YoY due to a high mix of low-margin business (BEL order execution)
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21 Jan 2025 | Siemens |
Motilal Oswal
|
3031.80 | 7500.00 | 5923.60 (-48.82%) | 147.38 |
Buy
|
Near-term patchy on slow private capex!
Motilal Oswal
Siemens (SIEM) in its FY24 annual report emphasized its strategy to capitalize on the opportunity potential that exists in India from diverse sectors and industries, spurred by favorable government policies, a relatively sanguine macroeconomic situation, and the ongoing global energy transition while also acknowledging the transient hiccups in select segments.
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21 Jan 2025 | Bharat Electronics |
Axis Direct
|
384.60 | 315.00 | 279.00 (37.85%) | Target met |
Buy
|
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21 Jan 2025 | APL Apollo Tubes |
Axis Direct
|
1582.60 | 1750.00 | 1584.20 (-0.10%) | Target met |
Buy
|
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20 Jan 2025 | Supreme Industries |
Sharekhan
|
4150.50 | 5000.00 | 4021.90 (3.20%) | 20.47 |
Buy
|
Weak result; Maintain Buy on long term prospects
Sharekhan
Supreme Industries Limited (SIL) reported consolidated revenue of Rs. 2,510 crore (up only 2.5% y-o-y) on account of flattish realizations (0.5% decline y-o-y) while total volume growth was also soft at 3% y-o-y.
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20 Jan 2025 | APL Apollo Tubes |
Sharekhan
|
1582.60 | 1850.00 | 1590.05 (-0.47%) | Target met |
Buy
|
Good Q3, maintain Buy
Sharekhan
Consolidated revenues beat estimates at Rs. 5,433 crore (up 30% y-o-y) led by 37% y-o-y growth in sales volumes. Also, its quarterly EBITDA/tonne stood at Rs. 4,174 (up 129% QoQ) owing to better price realisation.
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18 Jan 2025 | Genus Power |
Axis Direct
|
372.05 | 408.00 | 373.15 (-0.29%) | Target met |
Buy
|
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16 Jan 2025 | Bharat Electronics |
Motilal Oswal
|
384.60 | 360.00 | 276.15 (39.27%) | Target met |
Buy
|
Well equipped to benefit from defense ordering
Motilal Oswal
We continue to remain positive on Bharat Electronics (BEL) given 1) its market leadership in defense electronics and ability to benefit from defense indigenization as well as from the upcoming large defense platform orders (QRSAM, MRSAM, Tejas Mk1A, naval platforms, etc.), 2) a strong order book of INR746b as of 2QFY25-end, providing healthy visibility on revenue,
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