Greaves Cotton (Q1 FY16) – BUY

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Greaves Cotton (Q1 FY16) – BUY CMP Rs148, Target Rs232, Upside 56.7%   ²  Revenues at Rs381cr were lower by 9.9% yoy; lower than our estimates, Engine segment revenues were lower by 5.6% yoy as growth in volumes remained flat to weak across segments ²  OPM at 16.4% was substantially…

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Buy Hindustan Media Ventures Ltd For Target Rs.292.00 – Angel Broking Pvt Ltd

  Performance Highlights Hindustan Media Ventures (HMVL) reported healthy results for 3QFY2015, both on the top-line and bottom-line front. The top-line growth was healthy mainly due to decent growth in advertising and circulation revenue. On the operating front, the company’s performance was modest; however, higher other income boosted profitability.  …

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Buy Hindustan Media Ventures Ltd For Target Rs.292.00 – Angel Broking Pvt Ltd

Performance Highlights Hindustan Media Ventures (HMVL) reported healthy results for 3QFY2015, both on the top-line and bottom-line front. The top-line growth was healthy mainly due to decent growth in advertising and circulation revenue. On the operating front, the company’s performance was modest; however, higher other income boosted profitability.   Healthy…

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