10 Mar 2025
Sun Pharmaceutical
BOB Capital Markets Ltd.
1677.60
2086.00
1611.50
(4.10%)
24.34
Buy
Broker Report
SUNP to acquire Checkpoint Therapeutic for US$ 4.10 a share, at ~66% premium to its last closing price. Deal valued at US$ 355mn
01 Mar 2025
UltraTech Cement
BOB Capital Markets Ltd.
11210.00
13137.00
10128.45
(10.68%)
17.19
Buy
Broker Report
UTCEM allocates Rs18bn (~2% of capital allocation) in the building material value chain by investing in wire and cable business
24 Feb 2025
Federal Bank
BOB Capital Markets Ltd.
Target
202.06
236.00
181.24
(11.49%)
16.80
Buy
Broker Report
FB plans to grow advances 1.5x nominal GDP growth in the next three years
17 Feb 2025
Hindware Home Innovation
BOB Capital Markets Ltd.
Target
270.60
250.00
194.90
(38.84%)
Target met
Buy
Broker Report
Dismal Q3 on weak performance across segments due to muted demand environment
13 Feb 2025
Ashok Leyland
BOB Capital Markets Ltd.
Target
236.03
274.00
217.07
(8.73%)
16.09
Buy
Broker Report
Q3FY25 revenue grew 2%/8% YoY/QoQ to Rs 94.76bn, helped by realisation gains of 4%/6% YoY/QoQ while volume was listless
13 Feb 2025
Lupin
BOB Capital Markets Ltd.
Target
1957.70
2626.00
2055.25
(-4.75%)
34.14
Buy
Broker Report
US sales cc quarterly run rate at its highest-ever level of US$ 235mn, expect to inch up to US$ 250mn in FY26E and US$ 280mn in FY27E
12 Feb 2025
Birlasoft
BOB Capital Markets Ltd.
400.50
466.00
502.65
(-20.32%)
Target met
Sell
Broker Report
3QFY25 performance impacted by higher-than-expected furloughs and decline in ERP Biz. Revenue declined by 1.1% QoQ in CC terms
12 Feb 2025
Alembic Pharma
BOB Capital Markets Ltd.
Target
1018.05
1032.00
845.15
(20.46%)
Target met
Buy
Broker Report
US and ROW sales grew above our estimates of 5% and 13% respectively, reporting growth of 10% each
11 Feb 2025
Century Plyboards
BOB Capital Markets Ltd.
Target
777.90
800.00
803.55
(-3.19%)
Target met
Hold
Broker Report
CPBI beats our estimate on strong plywood sales volume and sharp sequential improvement in MDF margin
11 Feb 2025
VST Tillers Tractors
BOB Capital Markets Ltd.
Target
3842.30
3267.00
3835.75
(0.17%)
Target met
Sell
Broker Report
Q3 revenue grew 29% YoY (-23% MoM) to ~Rs 2.2bn, driven by volume gain of ~34%, dragged by 4% lower realisations of Rs 0.27mn (YoY)