HSIE Results Daily: Bharat Petroleum Corporation, Eicher Motors
Bharat Petroleum Corporation: We maintain our REDUCE rating on Bharat Petroleum (BPCL), with a target price of INR 550, owing to the risk of (1)...
204 Views
Waaree Energies Pre-IPO - Riding the Anti-China US Wave
Waaree Energies is looking to raise up to US$400m in its upcoming India IPO. In this note, we look at the company's past performance.
414 Views
India City Gas Sector: Pessimism Overdone
Indraprastha Gas (IGL) and Mahanagar Gas (MGL) stock prices have seen a ~18/1% correction over the last six months and underperformed Sensex by 25/7%
285 Views
Mahanagar Gas (Q2FY24): Attractive Valuation. Maintain BUY
Q2FY24 EBITDA, at INR 4.8bn, and APAT, at INR 3.4bn, came well above our estimates, owing to higher-than-expected per unit EBITDA margins and volume.
125 Views
Mahanagar Gas: Risk-Reward Favourable, Upgrade to BUY
Mahanagar Gas (MGL) stock price has corrected ~12% from the highs of August 2023 owing to weaker-than-expected volume growth
282 Views