01 Feb 2025
Marico
BOB Capital Markets Ltd.
700.85
695.00
694.20
(0.96%)
Target met
Hold
Broker Report
Compared to consensus, 3QFY25 sales were 2% lower (1% below our estimate) while EBITDA was 1%
01 Feb 2025
Bandhan Bank
BOB Capital Markets Ltd.
Target
165.46
187.00
151.39
(9.29%)
13.02
Buy
Broker Report
PPOP aided by one-offs in other income, payouts under CGFMU and Assam Microfinance relief scheme
01 Feb 2025
Nestle
BOB Capital Markets Ltd.
Target
2414.40
2470.00
2327.20
(3.75%)
Target met
Hold
Broker Report
NEST continues to manage profits amidst inflation in cocoa and coffee. Wheat and palm have also turned inflationary
31 Jan 2025
eClerx Services
BOB Capital Markets Ltd.
3356.80
3727.00
3058.15
(9.77%)
11.03
Buy
Broker Report
3QFY25 broadly in line. A margin miss. Expect 4Q QoQ growth to be stronger. Expect low teen USD revenue growth in FY25-FY27.
31 Jan 2025
Voltas
BOB Capital Markets Ltd.
Target
1260.30
1400.00
1260.85
(-0.04%)
Target met
Hold
Broker Report
Topline grew 18% YoY in Q3; EBITDA margin expanded 530bps YoY fueled by better cost efficiencies
31 Jan 2025
Ajanta Pharma
BOB Capital Markets Ltd.
Target
2574.90
2288.00
2694.45
(-4.44%)
11.14
Sell
Broker Report
AJP reported in-line earnings, sales were 3.6% below estimates, while EBITDA/PAT reported 1%/3% above our estimates
31 Jan 2025
Dabur
BOB Capital Markets Ltd.
Reco
Target
481.95
578.00
529.85
(-9.04%)
19.93
Hold
Broker Report
Competitive intensity has increased in the domestic business and Dabur is doing retailer discounts to maintain market share
31 Jan 2025
Tata Consumer
BOB Capital Markets Ltd.
Target
1140.80
1175.00
1024.65
(11.34%)
Target met
Buy
Broker Report
Tea inflation recovery prospects have improved as higher pricing has come through earlier than expected
27 Jan 2025
IDFC First Bank
BOB Capital Markets Ltd.
Target
67.09
75.00
56.73
(18.26%)
11.79
Buy
Broker Report
Earnings lower on account of higher slippages, moderate loan book growth
27 Jan 2025
ICICI Bank
BOB Capital Markets Ltd.
Reco
Target
1449.80
1415.00
1227.95
(18.07%)
Target met
Buy
Broker Report
PAT growth of 15% YoY aided by stable credit cost and PPOP growth of 15% YoY