106.20 -1.35 (-1.26%)
NSESep 24, 2020 02:23 PM
Latest broker research reports with buy, sell, hold recommendations along with forecast target prices and upside. Browse thousands of reports and search by company or the broker.
|Summary||Date||Stock||Broker||Price at Reco.||Target||Price at reco|
Change since reco(%)
|2018-05-15||Kirloskar Brothers L..||Edelweiss||290.00||350.00||290.00 (-63.38%)||Buy|
|2018-02-14||Kirloskar Brothers L..||Edelweiss||367.25||370.00||367.25 (-71.08%)||Target met||Buy|
Kirloskar Brothers Ltd (KBL) reported lower than expected numbers on both net sales and profits which grew by 2% and net profits came in at INR 9cr against our expectation of INR 23cr. Delays...
|2017-11-20||Kirloskar Brothers L..||Edelweiss||267.35||308.00||267.35 (-60.28%)||Target met||Buy|
Kirloskar Brothers(KBL) results came in line with our estimates. Net sales grew by 16.9% (adjusted for excise duty)on yoy basis to INR 434cr, exactly in line with our estimate while EBIDTA...
|2017-08-01||Kirloskar Brothers L..||Edelweiss||253.05||308.00||253.05 (-58.03%)||Target met||Buy|
|2017-05-29||Kirloskar Brothers L..||Edelweiss||252.20||308.00||252.20 (-57.89%)||Target met||Buy|
Kirloskar Brothers Ltd (KBL) reported healthy set of quarterly numbers with sales and net profits growth of 13.7% and 8.2% respectively. Traction in project execution including that...
|2017-03-29||Kirloskar Brothers L..||Edelweiss||253.95||253.95 (-58.18%)|
|2017-02-28||Kirloskar Brothers L..||Edelweiss||245.50||300.00||245.50 (-56.74%)||Target met||Buy|
|2016-12-09||Kirloskar Brothers L..||Edelweiss||168.75||168.75 (-37.07%)||Not Rated|
|2016-09-20||Kirloskar Brothers L..||Ventura||152.40||317.00||152.40 (-30.31%)||Buy|
Kirloskar Brothers Ltd (KBL) faced a rough patch in 2016. The sharp sell off in crude oil prices disrupted the business model of its most profitable operations (SPP Pumps Ltd, UK). Further the prolonged drought and challenges of working with Indian Government bodies sharply impacted its domestic operations. For FY16, The company reported a net loss of Rs 32.2 crore, which came as a wakeup call for the management. With a view to stem losses and turnaround its business operations, the company has undertaken a massive...