Aditya Birla Fashion and Retail Ltd. | Company Update
Edelweiss
Chalks out a new 5-year growth strategy
Broker research reports for stocks which have been upgraded by brokers. Both recommendation upgrades, as well as target price upgrades are available .
Summary | Date | Stock | Broker | LTP | Target | Price at reco Change since reco(%) | Upside(%) | Type | Report | Discuss |
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2021-03-03 | Nippon Life India As.. + | Nirmal Bang Institutional | 361.25 | 400.00 | 361.10 (0.04%) | 10.73 | Buy | |||
2021-03-02 | Aditya Birla Fashion.. + | Edelweiss | 217.85 | 249.00 | 209.00 (4.23%) | 14.30 | Buy | |||
2021-03-01 | Divi's Laboratories .. + | Ashika Research | 3553.45 | 3900.00 | 3461.55 (2.65%) | 9.75 | Buy | |||
2021-03-01 | Greenpanel Industrie.. + | BOB Capital Markets Ltd. | 174.50 | 235.00 | 179.90 (-3.00%) | 34.67 | Buy | Greenpanel Industries (BUY): MDF demand trends robust
BOB Capital Markets Ltd.
Domestic MDF demand remains strong in Q4FY21 backed by higher purchases of readymade furniture, a shift away from low-end plywood and continued slowdown in imports (25-30% of the total market).
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2021-02-27 | Nestle India Ltd. + | Motilal Oswal | 16661.80 | 17500.00 | 16576.15 (0.52%) | 5.03 | Neutral | |||
2021-02-27 | Tata Motors Ltd. + | Motilal Oswal | 339.20 | 400.00 | 345.75 (-1.89%) | 17.92 | Buy | |||
2021-02-26 | Polycab India Ltd. + | CD Equisearch | 1350.80 | 1574.00 | 1365.80 (-1.10%) | 16.52 | Buy | |||
2021-02-26 | Repco Home Finance L.. + | Chola Wealth Direct | 335.30 | 387.00 | 335.00 (0.09%) | 15.42 | Buy | |||
2021-02-26 | Bajaj Electricals Ltd. + | Nirmal Bang Institutional | 1060.50 | 1060.00 | 958.25 (10.67%) | -0.05 | Accumulate | |||
2021-02-26 | Amara Raja Batteries.. + | ICICI Securities Limited | 919.00 | 800.00 | 882.15 (4.18%) | 12.95 | Sell | Amara Raja Batteries Ltd
ICICI Securities Limited
Automotive OEM production has ramped up significantly across segments over the past six months, with general near to medium term outlook remaining positive - partly on account of pent-up demand. Ensuing improved prospects for the entire channel (aftermarket revival started earlier) are set to benefit ARBL. Industrial demand has also been encouraging in the post Covid months. We expect continued traction there, with overall FY21E-23E sales CAGR at 11.2%. During Q3FY21, other expenses rose sequentially (absolute quantum as well as on percentage of...
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2021-02-25 | Mahindra & Mahindra .. + | LKP Securities | 845.25 | 974.00 | 852.05 (-0.80%) | 15.23 | Buy | |||
2021-02-25 | NTPC Ltd. + | Motilal Oswal | 110.80 | 141.00 | 107.30 (3.26%) | 27.26 | Buy | |||
2021-02-24 | Greaves Cotton Ltd. + | Chola Wealth Direct | 139.50 | 108.00 | 140.70 (-0.85%) | 22.58 | Sell | EARNINGS UPDATE- GREAVES COTTON LTD 3QFY21
Chola Wealth Direct
Background Greaves Cotton (GCL) is one of the largest manufacturers (primarily) single cylinder (diesel, gasoline engines) and dual cylinder engines, which find application in running 3-W vehicles and 4-W small commercial vehicles (SCVs). The company offers products and solutions across business units- Engines, power, farm equipment, mobility and aftermarket. In FY19 Greaves Cotton augmented its Clean Technology...
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2021-02-24 | Amara Raja Batteries.. + | Chola Wealth Direct | 919.00 | 1015.00 | 900.00 (2.11%) | 10.45 | Buy | |||
2021-02-24 | Sanofi India Ltd. + | Nirmal Bang Institutional | 8319.05 | 9954.00 | 7968.15 (4.40%) | 19.65 | Buy | |||
2021-02-23 | NCC Ltd. + | HDFC Securities | 92.70 | 115.00 | 88.70 (4.51%) | 24.06 | Buy | Industrials: Bullish undertone, favourable valuation
HDFC Securities
TOP PICKS: LT, KNR, PNC Infra, Ashoka, NCC, Capacite Infra, ITD and KPTL. HDFC Securities Institutional Equities (HSIE) hosted the 4th Annual Infrastructure Investors Forum on 18/19th Feb 2021, though virtual this time. We had attendees from 12 large listed Industrials/Infrastructure companies represented by Promoters, CEO/CFO/IR teams. After almost a decade, there is strong/consensus optimism building up for the Indian Infrastructure story. Ordering has moved beyond roads with focus now on health, education, portable water, renewable energy, manufacturing expansion, uptick in real estate cycle and all this is coinciding with relatively lower crude prices, lowest interest rate and improving GDP/Tax collection. Companies remain bullish whilst valuation is still at 40-50% discount to cross cycle mean. We maintain constructive as envisaged in our thematic On Road to Rerating and Triggering a New Cycle.
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2021-02-23 | PSP Projects Ltd. + | HDFC Securities | 479.65 | 506.00 | 473.90 (1.21%) | 5.49 | Buy | Industrials: Bullish undertone, favourable valuation
HDFC Securities
TOP PICKS: LT, KNR, PNC Infra, Ashoka, NCC, Capacite Infra, ITD and KPTL. HDFC Securities Institutional Equities (HSIE) hosted the 4th Annual Infrastructure Investors Forum on 18/19th Feb 2021, though virtual this time. We had attendees from 12 large listed Industrials/Infrastructure companies represented by Promoters, CEO/CFO/IR teams. After almost a decade, there is strong/consensus optimism building up for the Indian Infrastructure story. Ordering has moved beyond roads with focus now on health, education, portable water, renewable energy, manufacturing expansion, uptick in real estate cycle and all this is coinciding with relatively lower crude prices, lowest interest rate and improving GDP/Tax collection. Companies remain bullish whilst valuation is still at 40-50% discount to cross cycle mean. We maintain constructive as envisaged in our thematic On Road to Rerating and Triggering a New Cycle.
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2021-02-23 | KEC International Ltd. + | HDFC Securities | 473.15 | 476.00 | 419.55 (12.78%) | 0.60 | Buy | Industrials: Bullish undertone, favourable valuation
HDFC Securities
TOP PICKS: LT, KNR, PNC Infra, Ashoka, NCC, Capacite Infra, ITD and KPTL. HDFC Securities Institutional Equities (HSIE) hosted the 4th Annual Infrastructure Investors Forum on 18/19th Feb 2021, though virtual this time. We had attendees from 12 large listed Industrials/Infrastructure companies represented by Promoters, CEO/CFO/IR teams. After almost a decade, there is strong/consensus optimism building up for the Indian Infrastructure story. Ordering has moved beyond roads with focus now on health, education, portable water, renewable energy, manufacturing expansion, uptick in real estate cycle and all this is coinciding with relatively lower crude prices, lowest interest rate and improving GDP/Tax collection. Companies remain bullish whilst valuation is still at 40-50% discount to cross cycle mean. We maintain constructive as envisaged in our thematic On Road to Rerating and Triggering a New Cycle.
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2021-02-23 | Kalpataru Power Tran.. + | HDFC Securities | 397.60 | 536.00 | 378.60 (5.02%) | 34.81 | Buy | Industrials: Bullish undertone, favourable valuation
HDFC Securities
TOP PICKS: LT, KNR, PNC Infra, Ashoka, NCC, Capacite Infra, ITD and KPTL. HDFC Securities Institutional Equities (HSIE) hosted the 4th Annual Infrastructure Investors Forum on 18/19th Feb 2021, though virtual this time. We had attendees from 12 large listed Industrials/Infrastructure companies represented by Promoters, CEO/CFO/IR teams. After almost a decade, there is strong/consensus optimism building up for the Indian Infrastructure story. Ordering has moved beyond roads with focus now on health, education, portable water, renewable energy, manufacturing expansion, uptick in real estate cycle and all this is coinciding with relatively lower crude prices, lowest interest rate and improving GDP/Tax collection. Companies remain bullish whilst valuation is still at 40-50% discount to cross cycle mean. We maintain constructive as envisaged in our thematic On Road to Rerating and Triggering a New Cycle.
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2021-02-23 | J Kumar Infraproject.. + | HDFC Securities | 193.30 | 220.00 | 197.45 (-2.10%) | 13.81 | Buy | Industrials: Bullish undertone, favourable valuation
HDFC Securities
TOP PICKS: LT, KNR, PNC Infra, Ashoka, NCC, Capacite Infra, ITD and KPTL. HDFC Securities Institutional Equities (HSIE) hosted the 4th Annual Infrastructure Investors Forum on 18/19th Feb 2021, though virtual this time. We had attendees from 12 large listed Industrials/Infrastructure companies represented by Promoters, CEO/CFO/IR teams. After almost a decade, there is strong/consensus optimism building up for the Indian Infrastructure story. Ordering has moved beyond roads with focus now on health, education, portable water, renewable energy, manufacturing expansion, uptick in real estate cycle and all this is coinciding with relatively lower crude prices, lowest interest rate and improving GDP/Tax collection. Companies remain bullish whilst valuation is still at 40-50% discount to cross cycle mean. We maintain constructive as envisaged in our thematic On Road to Rerating and Triggering a New Cycle.
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