Going forward, with TII being the sole credible bicycle player in the listed space, its strong focus on return ratios matrix (RoE, RoCE at ~18%) and cash generation ability (CFO yield at ~10%, FCF yield at ~6%), lead us to build a positive stance on the company. Consequently, we assign BUY rating on TII with a target price of Rs 425, valuing it at 26x P/E on FY20P EPS of Rs 16.3/share. Key risk to our call is more than expected delay in demand recovery in domestic automobile place and certain portion of TII’s topline susceptible to EV risk. … [Read more...] about Buy Tube Investments of India; target of Rs 425: ICICI Direct
Disclaimer: The views and investment tips expressed by investment experts on Moneycontrol.com are their own and not that of the website or its management. Moneycontrol.com advises users to check with certified experts before taking any investment decisions. … [Read more...] about The Market Podcast | Money making opportunity lies in the mid & smallcap stocks: Gautam Shah
3-Point Analysis | These companies may gain as global supply chain gets reconfigured Big Story | Decoding the importance of CSR for corporates Ideas For Profit | Is elevated rural exposure Dabur's Achilles heel? … [Read more...] about Ideas For Profit | Will HDFC’s resilient performance hold out amidst COVID-19 uncertainty?
"They gave us a warning one week ago and we explained that we have been asked to do this. Then today they first removed it around 3 pm IST and then we pursued their team and resubmitted the app after removing the link to Aarogya Setu and now they made it live,” Singh told Gadgets360. … [Read more...] about Aarogya Setu link | Google Play removes MobiKwik for violating ads policy
Disclaimer: The views and investment tips expressed by investment experts/broking houses/rating agencies on moneycontrol.com are their own, and not that of the website or its management. Moneycontrol.com advises users to check with certified experts before taking any investment decisions. … [Read more...] about Buy Aditya Birla Fashion and Retail target of Rs 137: Anand Rathi