Broker’s call: Firstsource Solutions (Buy)
Target: ₹190 CMP: ₹165.75 We hosted Firstsource Solution’s CEO Ritesh Idnani and its senior management team, for NDR in Mumbai.
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Tag: Emkay Global
Broker’s call: LIC (Buy)
Target: ₹760 CMP: ₹605.65 Life Insurance Corporation of India (LIC) reported broadly in-line numbers in H1-FY24, owing to weaker growth,
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Broker’s Call: HPCL (Hold)
Target: ₹305 CMP: ₹278.65 Hindustan Petroleum Corporation’s Q2-FY24 standalone EBITDA/PAT stood at ₹8,580 crore/₹5,120 crore, a sizable 27/63 per cent
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Speedbumps imminent for domestic market, says Emkay Global
Emkay Global Financial expects Indian stock markets to move in a sideways with a negative bias for the rest of
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Broker’s Call: Karur Vysya Bank (Buy)
Target: ₹185 CMP: ₹143.95 Karur Vysya Bank continued its upward RoA/RoE drift in Q2 as well, posting a robust 1.6/17
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Broker’s call: Gulf Oil (Buy)
Target ₹730 CMP: ₹523.80 We visited Gulf Oil India Ltd’s Chennai facility, which can handle 50/18mn-ltr p.a. of core lubricant/AdBlue
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Broker’s Call: eClerx Services (Buy)
Target: ₹1,940 CMP: ₹1,773.25 We met the company CFO Srinivasan Nadadhur to understand the demand environment and outlook. The management
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Broker’s call: InterGlobe (Buy)
Target: ₹3,000 CMP: ₹2,390.50 The Pratt & Whitney engine issues have aggravated, with parent company RTX Corporation expecting over 3,000
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Broker’s call: Piramal Enterprises (Buy)
Target: ₹1,230 CMP: ₹1,052.90 Piramal Enterprises hosted its Investor Day on August 28, where the top management reaffirmed its earlier-stated
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Broker’s call: SBI Cards (Hold)
Target: ₹950 CMP: ₹854.70 SBI Cards (SBIC) reported a slight PAT miss (3 per cent) at ₹590 crore/5 per cent
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