September 23, 2024
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Karur Vysya Bank Stock Research Report by ICICI Securities Analysis dated 18 September 2024 Sector: Banking Price on Analysis date: Rs. 211, Target Rs. 270 (28% upside potential) Target Period: 12 Months We hosted Karur Vysya Bank (KVB) for overseas NDR. The investors seem to have acknowledged the remarkable transformational journey of KVB under the […]
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HCL TECHNOLOGIES, 3% upside
HCL TECHNOLOGIES Stock Research Report by ICICI Securities Sector: IT Services & Consulting CMP Rs. 1038, Target Rs. 1065 (3% upside potential) Target Period: 12 Months HCL TECHNOLOGIES Stock Research Report: Inline results and guidance: Low exposure to troubled BFSI clients leads to better outcome HCL Tech (HCLT) reported its Q4FY23 revenues at US$3,235mn, down […]
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TATA COMMUNICATIONS, 23% upside
TATA COMMUNICATIONS Stock Research Report by ICICI Securities Sector: Telecommunications Services CMP Rs. 1231, Target Rs. 1510 (23% upside potential) Target Period: 12 Months TATA COMMUNICATIONS Stock Research Report: Confident on delivering sustainable growth Tata Communications’ (TCom) Q4FY23 data revenue grew 2.2% QoQ / 11.2% YoY sustaining double-digit growth. However, data EBITDA margin dipped 240bps QoQ […]
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PRESTIGE ESTATES PROJECTS, 16% upside
PRESTIGE ESTATES PROJECTS Stock Research Report by ICICI Securities Sector: Construction – Residential & Commercial Complexes CMP Rs. 458, Target Rs. 530 (16% upside potential) Target Period: 12 Months PRESTIGE ESTATES PROJECTS Stock Research Report: Record year, new launches key to achieving growth ambitions Prestige Estates Projects (PEPL) clocked record FY23 gross sales bookings of […]
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ICICI PRUDENTIAL LIFE INSURANCE, 21% upside
ICICI PRUDENTIAL LIFE INSURANCE Stock Research Report by Motilal Oswal Sector: Life & Health Insurance CMP Rs. 456, Target Rs. 550 (21% upside potential) Target Period: 12 Months ICICI PRUDENTIAL LIFE INSURANCE Stock Research Report: Premium/VNB growth healthy; margins moderate sequentially Persistency trends improve across cohorts ● ICICI Prudential Life Insurance (IPRU) reported a strong […]
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ONE 97 COMMUNICATIONS, 34% upside
ONE 97 COMMUNICATIONS Stock Research Report by Motilal Oswal Sector: Online Services CMP Rs. 644, Target Rs. 865 (34% upside potential) Target Period: 12 Months ONE 97 COMMUNICATIONS Stock Research Report: Get Set PAY! Two-pronged strategy to drive profitability | EBITDA to break-even in FY25E ● Scale matters: One 97 Communications Ltd (Paytm) is India’s […]
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INFOSYS, 10% upside
INFOSYS Stock Research Report by Motilal Oswal Sector: IT Services & Consulting CMP Rs. 1387, Target Rs. 1520 (10% upside potential) Target Period: 12 Months INFOSYS Stock Research Report: Weak Q4 performance to impact FY24 topline delivery Focus to shift to FY25 after near-term correction ● INFO reported a weak 4QFY23 revenue of USD4.55b, down […]
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BHARTI AIRTEL, 24% upside
BHARTI AIRTEL Stock Research Report by Motilal Oswal Sector: Telecommunication – Service Provider CMP Rs. 768, Target Rs. 950 (24% upside potential) Target Period: 12 Months BHARTI AIRTEL Stock Research Report: Soft landing ahead Earnings pace cools off, capex heats up Bharti has seen decent earnings growth for the last 12 quarters. However, we expect […]
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ICICI LOMBARD, 24% upside
ICICI LOMBARD Stock Research Report by Motilal OswalSector: Multiline Insurance & BrokersCMP Rs. 1130, Target Rs. 1400 (24% upside potential) Target Period: 12 Months ICICI LOMBARD Stock Research Report: Expense ratio beats estimates, Claim ratio higher than expectations● In 4QFY23, underwriting loss amounted to INR2.5b compared to a loss of INR2.9b in 3QFY23 v/s. our estimates […]
Read more..LINC LTD Stock Research Report by HDFC Securities Sector: Printing & Stationery CMP Rs. 595, Target Rs. 715 (20% upside potential) Target Period: 12 Months Linc Ltd. (Linc) is a prominent writing instrument player domestically with a good brand recall and is a trusted name in the market place. Over the years, Linc has introduced […]
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