Surya Roshni: Backend Infrastructure Ready as Opportunities Galore
We initiate coverage on Surya Roshni (Surya) with a BUY rating and a target price of Rs694. Surya is the second largest manufacturer of steel pipes...
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IRCTC: Sequential Improvement Continues
IRCTC delivered a strong set of numbers despite challenges from the second wave impact during the quarter as catering segment revenues improved,...
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RITES: Execution to Pick Up
Guidance on segmental revenue: For FY22E, RITE expects export revenue of Rs9bn which will be scattered over the next three quarters. Consultancy...
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JK Paper: NSR Improved Despite Challenging Times
Higher sales volume and improved NSR aided net sales growth. Despite challenging business environment, JK Paper's sales volume was at 104,841MT, a...
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Safari Industries: Q1FY22 Result Review
Safari Industries reported better than expected Q1FY22 result. Its sales/ EBIDTA were significantly above our estimates. Safari Industries' net...
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