Broker Research

BHFC is the flagship company of Kalyani Group. It is one of the largest commercial forging companies in the world in terms of capacity and revenue, with presence in auto as well as non-auto component sectors with wide domain knowledge in design and engineering.
May 27, 2019, 1:21 p.m.
Publisher: edelweiss.in

GE T&D India Ltd’s (GETD) execution picked up in 4QFY19 with revenue up 10% YoY (Ex-HVDC, revenue grew 20% YoY).
May 26, 2019, 2:04 p.m.
Publisher: plindia.com

JSW Steel (JSTL) reported Q4FY19 below our expectations due to lower than expected realisations largely impacted by poor product mix and high share of exports offset by higher volumes and low fuel costs.
May 26, 2019, 2:03 p.m.
Publisher: plindia.com

The net sales for the quarter under review came in at Rs935mn as compared to Rs755mn for the same quarter last year, recording a growth of 24%.
May 25, 2019, 2:06 p.m.
Publisher: reports.progressiveshares.com

Volume traction likely to continue over medium term while spreads likely to be sustain.
May 25, 2019, 2:04 p.m.
Publisher: plindia.com

At the current market price, the bank’s core banking business (after adjusting the value of subsidiaries) is trading at 1.6x FY2021E ABV.
May 25, 2019, 2:01 p.m.
Publisher: angelbroking.com

We expect STFC’s AUM to grow at CAGR of 16% over FY2019-21E primarily owing to (1) post election government to increase spending on infra project (macro recovery), and (2) pre-buying of CV before the BS VI will also improve the pricing of older vehicles. We expect STFC to report RoA/RoE to 2.7%/17.6%.
May 25, 2019, 2:01 p.m.
Publisher: angelbroking.com

After the strong quarters reported earlier in the year, the company has taken a back seat in the quarter of reference majorly due to flat revenue growth.
May 24, 2019, 2:07 p.m.
Publisher: reports.progressiveshares.com

Given the ongoing global trade concerns, we expect steel prices to remain volatile along with increasing iron ore prices due to Vale incidence.
May 24, 2019, 2:01 p.m.
Publisher: angelbroking.com

JK Lakshmi Cement (JKLC) reported an improved overall performance in 4QFY19, fully driven by 32% volume growth YoY
May 24, 2019, 2 p.m.
Publisher: nirmalbang.com