Institutional Reports08 Jul 2024
MCX options volume is scaling new highs and the futures volume is catching up. Post the tech transition in Oct-2023, the options volume i...
Institutional Reports08 Jul 2024
Absorbing the processes and technologies and scaling them up is the identity of Laxmi Organic Industries Ltd (LO). It has acquired assets...
Institutional Reports08 Jul 2024
We downgrade Max Healthcare (MAXHEALTH) to REDUCE (from ADD earlier) with a TP of INR 880, based on a 29x blended Q1FY27E EV/EBITDA (vs. ...
Institutional Reports08 Jul 2024
Key takeaways from KPTL’s FY24 AR are as follows: (1) geographically a well-diversified order book and robust bid pipeline, (2) strong ba...
Institutional Reports05 Jul 2024
SSKL reported a dismal performance in Q1 (revenue declined 12.3%). As per channel checks: (1) Demand pangs are palpable across the saree/...
Institutional Reports04 Jul 2024
Aegis Logistics’ (AGIS) stock price rallied 97%, outperforming the Sensex by 90% over the last 3M. Despite this strong performance, we ex...
Institutional Reports04 Jul 2024
We maintain Jyothy Labs (JYL) as a high conviction BUY idea, with a TP of Rs 575 (40x June-26 EPS), as it is one of the few FMCG companie...
Institutional Reports03 Jul 2024
IT sector (coverage universe) continues to transition from a protracted IT upgrade cycle and low discretionary spending to some normalisa...
Institutional Reports03 Jul 2024
In its FY24 annual report, Torrent Pharma (TRP) has highlighted strategic themes that align with its short, medium and long-term goals: (...
Institutional Reports02 Jul 2024
The Bharat Petroleum Corporation (BPCL) stock rallied ~33% and outperformed the Sensex by ~22% over the last 6M. However, we believe the ...
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