29 May 2024
JK Lakshmi Cement
BOB Capital Markets Ltd.
Target
831.75
710.00
800.30
(3.93%)
Target met
Sell
Broker Report
Q4 volumes fell 5% YoY as capacity constraints restricted volume even to cater to steady demand; realisations flat YoY despite weak volumes
25 May 2024
Divi's Laboratories
BOB Capital Markets Ltd.
6621.50
3000.00
4122.40
(60.62%)
Sell
Broker Report
DIVI delivered a strong quarter with all round beat. EBITDA/PAT beat Bloomberg consensus estimate by 20% each
25 May 2024
Petronet LNG
BOB Capital Markets Ltd.
Reco
Target
275.60
260.00
305.40
(-9.76%)
Target met
Sell
Broker Report
Q4 EBITDA missed consensus on provisions for delayed TOP recovery and inventory loss; provisions to muddle EBITDA reporting till FY26
24 May 2024
Sheela Foam
Keynote Capitals Ltd
Reco
Target
667.45
865.00
905.90
(-26.32%)
Target met
Sell
Broker Report
Quarterly Update Q4FY24
24 May 2024
Phoenix Mills
Geojit BNP Paribas
Reco
Target
1687.80
2868.00
3208.95
(-47.40%)
Pre-Bonus/ Split
Sell
23 May 2024
Metropolis Healthcare
Keynote Capitals Ltd
Reco
Target
1938.20
1895.00
1946.85
(-0.44%)
Target met
Sell
Broker Report
Quarterly Update Q4FY24
22 May 2024
SAIL
ICICI Securities Limited
Reco
Target
128.68
110.00
169.05
(-23.88%)
Target met
Sell
Broker Report
Steel Authority of India’s (SAIL) EBITDA, adjusted for rail price revision impact, surpassed consensus estimates mainly on lower cost.
18 May 2024
Amber Enterprises
BOB Capital Markets Ltd.
Target
8249.50
3500.00
3962.85
(108.17%)
Target met
Sell
Broker Report
Subdued Q4 topline with EBITDA margin expansion of 110bps on better product mix
16 May 2024
Berger Paints
ICICI Securities Limited
544.90
450.00
490.00
(11.20%)
Target met
Sell
Broker Report
Similar to peers, Berger Paints (Berger) has reported double-digit volume growth (13.9%) in Q4FY24 but value growth was dismal at 3.1% YoY.
16 May 2024
Asahi Glass
ICICI Securities Limited
Target
941.30
502.00
606.25
(55.27%)
Sell
Broker Report
Asahi India Glass’ (AISG) EBITDA margin, at 17%, improved 50bps QoQ, in line with our estimate. Auto segment EBIT margin improved ~90bps QoQ to 11.4%, but architectural segment EBIT margin decreased ~100bps QoQ at 14.8%.