Nirmal Bang

Nirmal Bang, one of the leading stock broking companies in India, caters to retail and institutional clients by offering them a range of financial products and services, including equities, derivatives, commodities, currency derivatives, mutual funds, IPOs, insurance, depository services and PMS.

Nirmal Bang is drawn from a diversity of professional backgrounds, and blend of experience, skill and dedication is shared with its clients. Nirmal Bang emphasizes adequate, thorough research local and world-wide developments, balancing these with the astute discovery of intrinsic values, synergies and growth. The aim is simply to help the investors to maximize their returns.

A Relationship Beyond Broking

External broker reports(aggregated public sources), Nirmal Bang

External broker reports(aggregated public sources)

Equity Bottom-Up

<div><div><div><div><ul><li>Strong demand to continue; Capex plans announced: Management highlighted that the underlying demand is strong despite price hikes.</li></ul><div><div><div><div><ul><li>Strong summer season for Lloyds: The company is witnessing a good season in the AC segment on the back of early onset of summer, pent-up demand of the last two years.</li></ul><div><div><div><div><ul><li>Other takeaways: (1) The company has set exports target of 10% of revenue over the medium term.</li></ul></div></div></div></div></div></div></div></div></div></div></div></div><p><em>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.</em></p>

Strong demand to continue; Capex plans announced: Management highlighted that the underlying demand is strong despite price hikes.Strong summer season for Lloyds: The company is witnessing a good season in the AC segment on the back of early onset of summer, pent-up demand of the last two years.Other takeaways: (1) The company has set exports target of 10% of revenue over the medium term.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.

Havells India - Results Above Expectations; Strong Demand Trends to Drive Growth in near Term