HSIE Results Daily: UltraTech Cement, TVS Motor, Cholamandalam Investment and Finance Company,...
UltraTech Cement: We maintain BUY on UltraTech (UTCEM) with a revised target price of INR 12,600 (valuing it at 17x Mar-27E consolidated EBITDA)
187 Views
HSIE Results Daily: UltraTech Cement, TVS Motor, Cholamandalam Investment and Finance Company
UltraTech Cement: We maintain BUY on UltraTech (UTCEM) with a revised target price of INR 12,600 (valuing it at 17x Mar-27E consolidated EBITDA)
208 Views
HSIE Results Daily: Bajaj Auto, TVS Motor, Federal Bank, Petronet LNG
Bajaj Auto: Bajaj Auto’s Q3FY25 EBITDA margin at 20.2% was ahead of our estimate of 19.9% and in line with the Bloomberg consensus estimate of 20.2%
379 Views
Indraprastha Gas: APM Gas Allocation Cut Poses Profit Challenges. Maintain BUY
We believe CNG volume growth levers are in place to achieve 9% CAGR volume growth over FY24-27E. We reiterate a BUY rating on IGL with a target...
535 Views
Indraprastha Gas: Looking beyond near-term headwinds. Maintain BUY
The Indraprastha Gas (IGL) stock price has rallied ~2% over the last 3M and underperformed the Sensex by ~0.3%. We maintain our BUY recommendation...
363 Views