Publisher : indianotes.com


The stock currently trades at 22.5x FY19 EPS of Rs 11.64 and 18.7x FY20e EPS of Rs 13.97. Setting up agglomeration unit in India is aimed at enhanced value addition for agglomerated products generally command 4-5% higher margins compared to spray dried products.
May 21, 2019, 4:16 p.m.

We feel investors could buy the stock at the CMP and add on dips to Rs ~221-225 band (14.0x CY20E EPS) for sequential targets of Rs 287 (18.0x CY20E EPS) and Rs 303 (19.0x CY20E EPS). At the CMP of Rs 250 the stock trades at 15.7x CY20E EPS.
May 20, 2019, 5:19 p.m.
Author : HDFC Sec | Publisher: indianotes.com

Zee Learn Limited, India’s leading Education company and India’s Most Trusted Diversified Education Brand*, today reported its Standalone and Consolidated Q4FY19 and FY18-19 Annual financial results.
May 18, 2019, 3:38 p.m.

Indian tyre industry major, JK Tyre & Industries Limited (JKTIL) today announced its results for Financial Year ending 31st March 2019. Sales at Rs. 10,370 crore for the year grew by 24% while Operating Profit for the year at Rs. 1,196 crore was 35% higher.
May 16, 2019, 7:10 p.m.


Pidilite Industries Limited, India’s leading manufacturer of adhesives, sealants and construction chemicals today announced its financial results for the quarter and year ended March 31, 2019.
May 15, 2019, 11:50 a.m.

Shakti Pumps, a leading manufacturer of Energy Efficient stainless steel pumps, Integrated Solar Pumping Systems and power electronics products like solar variable frequency drives (VFDs), hybrid inverters, motor starters in India with exports to over 125 countries, reported total income of Rs. 550.25 crore for the year ended March 31, 2019, a 25% growth and Net Profit stands at Rs. 45.08 crore with a 29% growth.
May 14, 2019, 4:20 p.m.

Earning per share (EPS) of the company for the earnings for FY20E and FY21E is seen at Rs. 57.58 and Rs. 65.21 respectively. Net Sales of the company is expected to grow at a CAGR of 14% over 2018 to 2021E, respectively.
May 8, 2019, 12:11 p.m.

Earning per share (EPS) of the company for the earnings for FY20E and FY21E is seen at Rs. 53.35 and Rs. 59.01 respectively. Net Sales and PAT of the company are expected to grow at a CAGR of 10% and 12% over 2018 to 2021E respectively.
May 8, 2019, 12:01 p.m.

Earning per share (EPS) of the company for the earnings for FY20E and FY21E is seen at Rs. 14.99 and Rs. 17.57 respectively. Net Sales and PAT of the company are expected to grow at a CAGR of 10% and 18% over 2018 to 2021E respectively.
May 6, 2019, 1:11 p.m.

Earning per share (EPS) of the company for the earnings for FY20E and FY21E is seen at Rs. 161.59 and Rs. 179.97 respectively. Operating Profit and PAT of the company are expected to grow at a CAGR of 15% and 16% over 2018 to 2021E respectively.
May 6, 2019, 1:04 p.m.