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)...
200 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%
282 Views
HSIE Results Daily: Britannia Industries, Godrej Consumers, Balkrishna Industries
Britannia took price corrections to defend its market share as competitive intensity rose (particularly from local/regional brands)
234 Views
Mahanagar Gas (Results Review 4QFY23): Strong Margins Drive Earnings.
Our ADD recommendation on Mahanagar Gas (MGL) with a target price of INR 1,170 is premised on (1) lower volume growth compared to peers
372 Views
HSIE Results Daily: Larsen & Toubro, SRF, Apollo Tyres, Kansai Nerolac
Larsen & Toubro: Larsen & Toubro (LT) reported Q4FY23 revenue/EBITDA/APAT at INR 583.4/68.3/39.9bn, in line/(missing) with our estimates by 0.1...
350 Views