HSIE Results Daily: Bharat Petroleum Corporation, Ambuja Cement, Sundaram Finance...
Bharat Petroleum Corporation: We maintain our REDUCE rating on Bharat Petroleum (BPCL), with a target price of INR 345, owing to the risk of weak...
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Oil and Gas (Q2FY26 Result Preview): Strong refining margins to lift earnings
We expect our coverage universe EBITDA to increase by 46.8% YoY, +14% QoQ, owing to an improvement in profitability from the downstream segment due...
159 Views
HSIE Results Daily: UltraTech Cement, Bharat Petroleum Corporation
UltraTech Cement: We maintain ADD on UltraTech (UTCEM) with a revised target price of INR 12,100 (valuing it at 17x Mar-27E consolidated EBITDA)
461 Views
HSIE Results Daily: Kotak Mahindra Bank, Bharat Petroleum Corporation, Indian Hotels, RBL Bank
Kotak Mahindra Bank: Kotak Mahindra Bank’s (KMB) earnings were in line with estimates barring a one-off gain of INR27bn (net of tax) from the...
282 Views
BPCL: Demanding Valuation. Maintain REDUCE
With crude oil prices rising by ~5% from average prices seen in Q4FY24 and rising ~12% to over USD 86/bbl over the last month, we expect this to...
351 Views