16 Oct 2024
L&T Technology
Motilal Oswal
Target
4216.60
6400.00
5356.90
(-21.29%)
51.78
Buy
Broker Report
L&T Technology (LTTS)’s 2QFY25 revenue was up 3.9% QoQ /6.5% YoY in USD terms vs. our estimate of ~4.1% QoQ growth.
16 Oct 2024
KEI Industries
Sharekhan
Reco
Target
4125.90
4800.00
4384.80
(-5.90%)
16.34
Hold
Broker Report
KEI reported a 10% y-o-y growth in net earnings for Q2FY2025 led by a 17% y-o-y growth in revenues.
16 Oct 2024
L&T Technology
Emkay
Reco
Target
4216.60
5000.00
5356.90
(-21.29%)
Target met
Sell
Broker Report
LTTS reported steady revenue performance, while margin missed expectations. Revenue grew 3.9% QoQ to USD306.7mn, led by broad-based growth.
16 Oct 2024
HDFC Life Insurance
Emkay
Target
779.65
825.00
726.80
(7.27%)
5.82
Buy
Broker Report
HDFCLIFE reported broadly in-line numbers for H1FY25, with APE 3.6% above our estimate at Rs67.2bn however, VNB Margin at 24.6% missed our estimate of 25.1% resulting in largely in-line VNB at Rs16.6bn.
16 Oct 2024
Newgen Software
ICICI Securities Limited
Target
887.50
1260.00
1269.55
(-30.09%)
Target met
Hold
Broker Report
Newgen reported strong revenue growth of 23.2% YoY in Q2FY25 led by license sales predominantly in APAC and healthy growth across other markets.
16 Oct 2024
Angel One
ICICI Securities Limited
Target
2222.30
3700.00
3236.00
(-31.33%)
66.49
Buy
Broker Report
Angel One’s business execution remains strong, underlined by increasing share in cash volumes (17.5%), share in F&O volumes (20.7%)
16 Oct 2024
PVR INOX
ICICI Direct
Target
1120.80
1960.00
1626.85
(-31.11%)
74.88
Buy
15 Oct 2024
PVR INOX
Prabhudas Lilladhar
Target
1120.80
1598.00
1620.75
(-30.85%)
Target met
Hold
15 Oct 2024
HCL Technologies
Prabhudas Lilladhar
Target
1467.20
2130.00
1870.10
(-21.54%)
45.17
Buy
15 Oct 2024
HCL Technologies
ICICI Direct
Target
1467.20
1840.00
1870.10
(-21.54%)
Target met
Hold