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>Demand trend and outlook: M&amp;M is seeing strong demand for its products and expects this growth momentum to continue, backed by a robust order book (~170k). </li><li>It has launched the new Scorpio N in June’22, which is further expected to propel overall bookings.</li><li>Furthermore, we expect tractor volume to grow at low single digits in FY23, driven by the good monsoon season and higher rural incomes.</li></ul></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>

Demand trend and outlook: M&amp;M is seeing strong demand for its products and expects this growth momentum to continue, backed by a robust order book (~170k). It has launched the new Scorpio N in June’22, which is further expected to propel overall bookings.Furthermore, we expect tractor volume to grow at low single digits in FY23, driven by the good monsoon season and higher rural incomes.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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