Broker Research

In 4QFY19, Revenue grew a meager 1% YoY to INR 18.6bn. Revenue growth was impacted due to lower off-take in denim by 3mn meters YoY, although were higher sequentially.
June 27, 2019, 12:28 p.m.
Publisher: cholawealthdirect.com

In 4QFY19, Standalone Revenues grew by 8% YoY to INR 447mn. In FY19, Cotton volumes were down by 11% YoY to 6.21mn packets due to pink bollworm issues and illegal sale of HT cotton seed as well as delayed rainfall in some markets.
June 26, 2019, 12:29 p.m.
Publisher: cholawealthdirect.com

HIL’s standalone revenue grew by a meager 8.6%YoY to INR 27.5bn. This slowdown was largely due to extended winters and impending general elections.
June 26, 2019, 12:28 p.m.
Publisher: cholawealthdirect.com

UPL fell 5.22% last week and is down 8.26% from a month ago, although up 46.29% YoY.
June 25, 2019, 11:48 a.m.
Publisher: nirmalbang.com

Exceptional people need exceptional advice. Introducing PL WealthSelect, through which we present a curated list of financial products that can be included in your portfolio.
June 24, 2019, 12:31 p.m.
Publisher: plindia.com

Being one of the leading companies in the packaging space, coupled with the right technology, market vigilance, road map to growth; we are positive on the future outlook of the company and thereby initiate Buy on the stock with the target price of Rs320 over a 12 months horizon.
June 21, 2019, 12:35 p.m.
Publisher: reports.progressiveshares.com

Lumax Industries (Lumax) is the market leader in the domestic automotive lighting industry with dominant ~55% share in domestic passenger vehicles (PV) and ~37% share in two wheelers (2W).
June 19, 2019, 11:48 a.m.
Publisher: edelweiss.in

TGBL’s entry into the FMCG world elucidates the new strategic direction of the company by providing significant value creation for all shareholders through greater scale and synergy.
June 17, 2019, 11:49 a.m.
Publisher: ws.karvyonline.com

Motherson Sumi Systems Ltd (MSSL) had a challenging Q4FY19. Although 11% yoy growth in the topline to INR 17169 cr in Q4FY19 was encouraging, delays in ramp up of new SMP facilities and additional cost incurred impacted the overall performance as EBITDA was down 17% yoy and PAT was down 43% yoy.
June 17, 2019, 11:48 a.m.
Publisher: edelweiss.in

HEXW announced acquisition of 100% stake in US company Mobiquity Inc for US$ 182mn & is valued at 2.6X EV/Sales.
June 17, 2019, 11:46 a.m.
Publisher: plindia.com