Buy Goodyear India Ltd For Target Rs.824.00 – LKP Securities Ltd

Have a GOODYEAR!!! The story so far ……….. Goodyear India is one of the largest tire makers in India with a significant presence in the PV, farm equipment and CV segments. Goodyear is one of the major tire suppliers in both OEM as well as replacement markets since the inception…

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Buy PTC India Financial Services Ltd For Target Rs.90.00 – Sharekhan

Key points *  PTC India Financial Services (PFS) stands to benefit from the strong push by government to the renewable energy sector (mainly solar and wind) which should result in a robust growth in loan book (35% CAGR over FY2014-17). About 70% of the incremental disbursement will be from the…

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Buy BSL Ltd For Target Rs.48.00 – Firstcall Research Ltd

SYNOPSIS *  BSL Ltd. which is one of the prominent members of the US$ 900 million LNJ Bhilwara Group, is currently producing over 18 million meters of fabric every year. *  In Q2 FY15, Net profit jumps to Rs. 24.90 million an increase of 47.34% against Rs. 16.90 million in…

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Buy Elgi Equipments Ltd For Target Rs.172.00 – Firstcall Research Ltd

SYNOPSIS *  Elgi Equipments incorporated in 1960; the company is a market leader and Asia’s largest manufacturer of air compressors and automobile service station equipment. *  During Q2 FY15, consolidated net profit jumps to Rs. 137.74 million against Rs. 79.11 million in the corresponding quarter ending of previous year, an…

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Buy Infosys Ltd For Target Rs.2,550.00 – Prabhudas Lilladher Ltd

We take a deep dive into the benefits of “Design Thinking” (DT) that could be useful for current paradigm like Agile, which are critical for addressing new technologies adoption. Clients are clear about the business outcome they want, but unclear about ways to achieve it. We believe Infosys’ push toward…

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Buy Triveni Turbines Ltd For Target Rs.128.00 – Sharekhan

Key points *  Opening of service centres abroad would boost overseas business: Triveni Turbine Ltd (TTL) has seen a strong ramp-up in its export order book (which formed 60% of the consolidated order book at the end of Q2FY2015) in the past few quarters aided by a good demand from…

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Buy Dish TV India Ltd For Target Rs.76 – Religare Securities Ltd

Investment Rationale *  Dish TV witnessed a healthy growth in HD sales and a good traction coming in from sale of the ‘Zing’ brand, further strengthened its position as the fastest growing DTH player in the country. *  The newly introduced Sports driven packaging also found instant favor with subscribers,…

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December 2014 Update On Cement Sector – Prabhudas Lilladher Ltd

The recent acquisition of Jaiprakash associate’s (JPA) 5mtpa MP based plants by Ultratech (UTCEM), has set the tone for talks heard in the street of further consolidation on how many more plants are left in offing? Based on media reports and our channel checks, we feel that JPA may also…

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Buy Kaveri Seed Company Ltd For Target Rs.864.00 – Firstcall Research Ltd

SYNOPSIS *  Kaveri Seed Company Ltd is one of the Largest & Fastest Growing Indian Seeds Company with revenue of INR 10.02 billion (FY14). *  During the quarter, the company’s net profit jumps to Rs. 325.91 million against Rs. 90.09 million in the corresponding quarter ending of previous year, an…

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