133.35 0.45 (0.34%)

52W Low on Dec 20, 2021

14.4M NSE+BSE Volume

NSE Aug 08, 2022 03:31 PM



GAIL (India) Ltd.    
07 Aug 2022
133.35
0.34%
buy
ICICI Direct decreased Buy price target of GAIL (India) Ltd. to 160.0 on 07 Aug, 2022.
GAIL (India) Ltd.    
05 Aug 2022
133.35
0.34%
HDFC Securities
Voltas: Voltas' Q1FY23 saw a mixed bag performance. UCP revenue was in line with market share recovery in RAC, while segment margin saw a miss (seen industry-wide). EMPS continued to disappoint, by missing both on revenue and margin. UCP delivered a 125/111% value/volume YoY growth (HSIE 123%), with the three-year CAGR at 8%. Voltas also regained some of its market share, which touched 24% (June exit) vs 19% earlier (March exit), a market share lead of 950bps over the No. 2 player. Voltas is also a leader in the inverter segment (earlier dominated by LG), with the market share at 22%, 300bps higher than LG. Despite increasing competition, we believe Voltas' core strength (after sales service, distribution network, etc.) will continue to support its market share. RAC is Voltas' core business (unlike for other players); we believe an aggressive and proactive approach will continue to bring efficiency and competitiveness in the long run. UCP EBIT margin saw pressure (7.7% vs. HSIE 9%); with commodity softening and easing trade inventory, we expect recovery in EBIT margin. We model 11% EBIT margin for FY24/25. Performance of project business remained weak and we do not expect immediate relief (although we model 6% EBIT margin for FY24/25). We cut our EPS estimates by 17/6/3% (largely to offset weak performance of project business) for FY23/24/25. We value the stock on SoTP (UCP/EMPS/EPS P/E at 43/10/15x and Volt-Beko P/S of 4x) on Jun-24 to derive a TP of INR 1,050. Maintain ADD. Gujarat State Petronet: Our ADD rating on Gujarat State Petronet...
GAIL (India) Ltd. is trading below all available SMAs
GAIL (India) Ltd.    
05 Aug 2022
133.35
0.34%
ICICI Securities Limited
GAIL has reported a second successive quarter of robust operational growth in Q1FY23, with EBITDA of Rs43.6bn (up 81% YoY, 18% QoQ, 11% above estimates) and PAT of Rs29.1bn grew 91% YoY and 9% QoQ. Beat on operational front vs ISec estimates was driven by i) stronger trading segment EBIT and ii) marginal beat on transmission volumes, offset by weaker petchem volumes/margins and weak LPG volumes.
GAIL (India) Ltd. has an average target of 181.50 from 8 brokers.
GAIL (India) Ltd.    
04 Aug 2022
133.35
0.34%
buy
GAIL (India) Ltd. has an average target of 181.50 from 8 brokers.
GAIL (India) Ltd.    
06 Jul 2022
133.35
0.34%
ICICI Direct decreased Buy price target of GAIL (India) Ltd. to 160.0 on 07 Aug, 2022.
GAIL (India) Ltd.    
02 Jun 2022
133.35
0.34%
buy
GAIL (India) Ltd. has an average target of 181.50 from 8 brokers.
GAIL (India) Ltd.    
01 Jun 2022
133.35
0.34%
HDFC Securities
TTK Prestige: TTK Prestige's Q4FY22 revenue was a beat while EBITDA margin was a miss. Standalone revenue was up 17% YoY (HSIE 7%) and delivered a three-year CAGR of 13%. The revenue growth was driven by a strong performance in cookers, which were up 26% YoY (17% three-year CAGR). Gross margin contracted 501bps YoY to 40.6% (HSIE 43%). The company had taken some price hikes in Q4-end, the impact for which will be visible in the coming quarters. Tight cost control restricted the fall in EBITDA margin, which was at 16.3% (HSIE 16.9%), down 213bps YoY. EBITDA was up 3% YoY to 1,058mn (HSIE 1,002mn). The company has managed to protect its EBITDA margin in FY22 (consolidated margin at 15.6%); however, we expect the margin to trend downwards in FY23. We model single digit growth for cooker on sustainable basis, given this product is highly penetrated (90% urban penetration). We model 10% revenue CAGR between FY19-24E at company level. We project FY23/24 EBITDA margin at 14.7/15.1% (14.9/15.6% for FY21/FY22). We maintain our FY23/24 EPS estimates and value the stock at 38x P/E (40x earlier) on FY24E EPS to derive a TP of INR 1,000. Maintain ADD. Radico Khaitan: Radico reported a beat on revenue, but EBITDA margin/growth was a miss. Net revenue growth was at 18%, a beat on our estimate of 12%, led by strong performance in P&A and Popular. The three-year revenue CAGR was at 17% vs. 3% posted by UNSP. P&A volume grew 28% (HSIE 23%) to 2.27mn cases, with the three-year CAGR...
GAIL (India) Ltd. has an average target of 181.50 from 8 brokers.
GAIL (India) Ltd.    
31 May 2022
133.35
0.34%
GAIL (India) Ltd. is trading below all available SMAs
GAIL (India) Ltd.    
30 May 2022
133.35
0.34%
buy
ICICI Direct decreased Buy price target of GAIL (India) Ltd. to 160.0 on 07 Aug, 2022.
GAIL (India) Ltd.    
06 Apr 2022
133.35
0.34%
Axis Direct
GAIL Ltd. buyback tender offer At Rs.190 an Arbitrage of opportunity of 1%-3.5%
GAIL (India) Ltd. has an average target of 181.50 from 8 brokers.