Result Update:CIE Automotive
Axis Direct
We maintain our BUY rating on the stock.
Summary | Date | Stock | Author | LTP | Target | Price at reco (Change since reco%) |
Upside(%) | Type | Report | Discuss | |
---|---|---|---|---|---|---|---|---|---|---|---|
28 Oct 2024 | CIE Automotive |
Axis Direct
|
437.60 | 600.00 | 485.85 (-9.93%) | 37.11 |
Buy
|
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28 Oct 2024 | PSP Projects |
Axis Direct
|
773.90 | 665.00 | 620.15 (24.79%) | Target met |
Buy
|
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28 Oct 2024 | IDFC First Bank |
Axis Direct
|
70.20 | 66.00 | 67.13 (4.57%) | Target met |
Hold
|
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28 Oct 2024 | Bandhan Bank |
Axis Direct
|
158.38 | 200.00 | 184.81 (-14.30%) | 26.28 |
Buy
|
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28 Oct 2024 | Apcotex Industries |
Axis Direct
|
406.95 | 415.00 | 391.80 (3.87%) | Target met |
Hold
|
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28 Oct 2024 | CreditAccess Grameen |
Axis Direct
|
1396.00 | 1100.00 | 957.45 (45.80%) | Target met |
Buy
|
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28 Oct 2024 | Coal India |
Axis Direct
|
393.50 | 520.00 | 441.65 (-10.90%) | 32.15 |
Buy
|
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28 Oct 2024 | Coal India |
ICICI Direct
|
393.50 | 585.00 | 441.65 (-10.90%) | 48.67 |
Buy
|
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27 Oct 2024 | Bandhan Bank |
Emkay
|
158.38 | 175.00 | 168.21 (-5.84%) | Target met |
Sell
|
Logs a better 2Q than peers, but rising MFI stress still concerning
Emkay
Bandhan Bank reported a 6% PAT beat at Rs9.4bn and RoA of 2.1%, mainly led by higher other income and lower than expected provisions – better than some peers that posted sharp earning downgrades.
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27 Oct 2024 | Poonawalla Fincorp |
Emkay
|
485.95 | 240.00 | 297.05 (63.59%) | 50.61 |
Sell
|
Disappointing Q2 on clean-up act; execution remains key for the ambitious plan
Emkay
Poonawalla Fincorp reported disappointing Q2 numbers with the credit cost of Rs9.1bn (including Rs6.7bn one-time provisioning on the STPL book) leading to the company posting a Rs4.7bn loss.
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