Indraprastha Gas (Q1FY24): Strong Margins Offset Volume Weakness.
We maintain our BUY recommendation on Indraprastha Gas (IGL) with a target price of INR 575, given (1) strong volume growth at ~12% CAGR over FY23-25E
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HSIE Results Daily: Bajaj Finance, Axis Bank, Tech Mahindra, Colgate Palmolive
Bajaj Finance (BAF) delivered a strong set of numbers on the back of higher-than-expected growth in AUM (+32% YoY), customer additions (+42% YoY)...
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Indraprastha Gas - Strong Margin Performance. Maintain BUY
Q4FY23 EBITDA stood at INR 4.7bn, up +9% QoQ, well above our estimate however, it declined 7% YoY, owing to higher input gas cost.
223 Views
HSIE Results Daily: Indraprastha Gas, Sonata Software, Karur Vysya Bank
Indraprastha Gas: Our BUY recommendation on Indraprastha Gas (IGL) with a target price of INR 575 is based on (1) strong volume growth at ~12% CAGR...
220 Views
Indraprastha Gas (Results Review 4QFY23): Strong Margin Performance.
Our BUY recommendation on Indraprastha Gas (IGL) with a target price of INR 575 is based on (1) strong volume growth at ~12% CAGR over FY23-25E
196 Views