Nuvoco Vistas Corporation: Long-term growth story intact. Maintain BUY
We maintain a BUY rating on Nuvoco Vistas but keep the target price unchanged at INR 420/share (9x its Mar-27E consolidated EBITDA)
273 Views
HSIE Results Daily: Persistent Systems, Dalmia Bharat, Zensar Technologies
Persistent Systems: Persistent Systems’ (PSYS) Q3 print was exemplary, delivering growth (in-line) and an improving margin profile, though new deal...
357 Views
HSIE Results Daily: TVS Motor, IndusInd Bank, Dixon Technologies, Petronet LNG, Metro Brands
TVS Motor: TVS Motors’ Q2 PAT at INR 6.6bn (+24% YoY/+12% QoQ) was marginally lower than our estimates. Higher investments in digital, brand...
249 Views
Cement (Q2FY25 Results Preview): Demand Contracts and Pricing Slip Further in Q2
Demand fails to pick up in Q2FY25: The slowdown in construction activities during Q1FY25 (general elections, heat waves) continued in Q2FY25 due to...
226 Views
HSIE Results Daily: Sun Pharmaceutical Industries, Prestige Estates, Phoenix Mills
Sun Pharmaceutical Industries: EBITDA grew 10% YoY as sales growth was moderate at 6% YoY (US and global specialty: -2% QoQ, India: +16% YoY) was...
401 Views