Daily BriefsIndia

India: ACC Ltd, CSB Bank Ltd, Guangzhou R&F Properties, Newgen Software Technologies and more

In today’s briefing:

  • Improving profitability to narrow valuation gap
  • CSB Bank Ltd: A Transformational Journey
  • Weekly Wrap – 07 Jan 2022
  • Long Term Recommendation | Newgen Software Technologies Ltd.

Improving profitability to narrow valuation gap

By ICICI Securities Limited

ACC has delivered 11% EBITDA/te CAGR over CY16-CY21E vs 7% for our coverage universe led by increased cost efficiencies. ACC’s EBITDA/te inched up to Rs1,127/te during 9MCY21E resulting in narrowing of the gap vs peers.

Content is external broker report sourced from online content aggregator through publicly available sources and is displayed below for general informational purposes only. Refer full disclaimer below.

CSB Bank Ltd: A Transformational Journey

By Edelweiss

  • The appointment of Mr. C V R Rajendran as MD and CEO in December 2016 set the tone for the transformation of the Bank
  • A slew of measures undertaken by the bank, coupled with capital infusion by new promoters, has strengthened its balance sheet
  • Demonetisation and imposition of GST, along with a general decline in the economic environment led to weakness in the bank’s asset quality
Content is external broker report sourced from online content aggregator through publicly available sources and is displayed below for general informational purposes only. Refer full disclaimer below.

Weekly Wrap – 07 Jan 2022

By Charles Macgregor

Lucror Analytics Weekly Wraps provide an overview of all Morning Views comments and reports published by our analyst team in the past week, and also showcase a list of the most-read reports.

In this Insight:

  1. Yuzhou Group
  2. Agile Property Holdings
  3. Central China Real Estate
  4. Logan Property Holdings
  5. Times China

and more…


Long Term Recommendation | Newgen Software Technologies Ltd.

By Edelweiss

Multiple transitions to drive growth

Content is external broker report sourced from online content aggregator through publicly available sources and is displayed below for general informational purposes only. Refer full disclaimer below.

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