Result Update:Colgate-Palmoliv
Axis Direct
With a downside of -2% from the CMP, we recommend a HOLD rating to the stock
Summary | Date | Stock | Author | LTP | Target | Price at reco (Change since reco%) |
Upside(%) | Type | Report | Discuss | |
---|---|---|---|---|---|---|---|---|---|---|---|
25 Oct 2024 | Colgate-Palmolive |
Axis Direct
|
2629.40 | 3150.00 | 3082.20 (-14.69%) | Target met |
Hold
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25 Oct 2024 | Infosys |
Geojit BNP Paribas
|
1560.60 | 1995.00 | 1862.05 (-16.19%) | Target met |
Hold
|
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25 Oct 2024 | Cyient |
IDBI Capital
|
1290.20 | 2018.00 | 1798.10 (-28.25%) | Target met |
Hold
|
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25 Oct 2024 | VIP Industries |
IDBI Capital
|
364.35 | 446.00 | 461.20 (-21.00%) | Target met |
Hold
|
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24 Oct 2024 | ICICI Prudential |
KRChoksey
|
613.00 | 750.00 | 768.00 (-20.18%) | Target met |
Hold
|
Margins still under pressure; ULIPs driving business growth
KRChoksey
The Gross Written Premium (GWP) for Q2FY25 stood at INR 111,752 Mn, a growth of 7.2% YoY (+34.9% QoQ), primarily led by a 34.6% YoY surge in the first-year premium. GWP was lower than our estimates.
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24 Oct 2024 | Supreme Petrochem |
KRChoksey
|
711.40 | 877.00 | 763.60 (-6.84%) | 23.28 |
Accumulate
|
Strong domestic OEM demand and stable pricing aid growth
KRChoksey
Supreme Petrochem reported better-than-expected top-line growth compared to our estimates due to an increase in price realization. However, profitability was in-line with our estimate with stable pricing in key raw material Styrene Monomer.
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24 Oct 2024 | Birlasoft |
ICICI Direct
|
422.65 | 650.00 | 569.05 (-25.73%) | 53.79 |
Hold
|
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24 Oct 2024 | Navin Fluorine |
Axis Direct
|
4316.10 | 3570.00 | 3411.50 (26.52%) | Target met |
Hold
|
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24 Oct 2024 | TVS Motor Company |
ICICI Securities Limited
|
2751.20 | 2596.00 | 2482.35 (10.83%) | Target met |
Hold
|
Continuing to move up the margin curve; downgrade to HOLD on steep valuations
ICICI Securities Limited
TVS Motor Company (TVSL) continued to move up the profitability curve. The company delivered yet another quarter of record margin at 11.7% (vs. consensus 11.8%).
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24 Oct 2024 | SRF |
ICICI Securities Limited
|
2950.30 | 2250.00 | 2257.30 (30.70%) | Target met |
Hold
|
Weak print; but order book visibility healthy for H2FY25
ICICI Securities Limited
SRF’s chemicals business is facing multiple headwinds from increased Chinese competition, weak demand from agro-chemical innovators, delay in new product commercialisation and drop in prices.
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