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|Summary||Date||Stock||Broker||Price at Reco.||Target||Price at reco|
Change since reco(%)
|2019-02-12||Gujarat Industries P.. +||Emkay||69.45||107.00||69.45 (10.87%)||Buy|
|2018-08-17||Gujarat Industries P.. +||Emkay||90.00||137.00||90.00 (-14.44%)||Buy|
Gujarat Industries Power Co.'s (GIPCL) Q1FY19 adjusted earnings declined by 3.8% yoy and was below our estimate due to lower-than-expected sales and higher-than-anticipated employee expenses. Overall generation grew by 9.2% yoy. PLF improved in Surat I unit but was down in Surat II unit due to annual plant overhaul. PAF also declined across both the units....
|2016-11-05||Gujarat Industries P.. +||HDFC Securities||93.30||129.00||93.30 (-17.47%)||Target met||Buy|