The research firm ICICI Securities believes earnings of apparel brands and retail companies under their coverage may surprise positively from Q3FY22E as the likely demand recovery may result in better than expected margin performance. Some of the costs savings achieved during pandemic may sustain and coupled with high operating leverage may lead to higher than pre-covid margins from Q3FY22E. Stocks like Trent, V-Mart and Aditya Birla Fashion and Retail are the preferred picks backed by their strong and consistent track record of execution. Trade Watchlist Portfolio Message Set Alert live bse live nse live Volume Todays L/H More × Geojit's research report on Info Edge India Info Edge (India) Limited is engaged in online classified business. Company operates an online job portal Naukri.com, matrimony website Jeevansathi.com, real estate search portal 99Acres.com and an … [Read more...] about Buy Info Edge India; target of Rs 4865: Geojit
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Accumulate LT Foods; target of Rs 82: Geojit
Trade Watchlist Portfolio Message Set Alert live bse live nse live Volume Todays L/H More × Geojit's research report on LT Foods LT Foods (LTF) is a global consumer specialty company with focus on Basmati rice, Organic Foods and Rice based Convenience Products. LTF is having presents across 60+ countries with strong footprint in US, Europe and the Middle EAST. Q4FY22 revenue grew by 33%YoY. For FY22, revenue growth was at 16% YoY. Basmati & specialty rice segment grew by 9%, Organic foods by 19%, Health & Convenience segment by ~62% on YoY basis. Gross margins improved by 110bpsYoY to 33.0% due to improved product mix and higher realisation, while EBITDA margin declined by 40bps YoY to 10.0% due to higher freight cost and ad spends. LTF has recently acquired 51% stake in Golden Star Trading Inc. to strengthen market share in US Jasmine rice segment and the brand has ~10% … [Read more...] about Accumulate LT Foods; target of Rs 82: Geojit
OnMobile Global Consolidated March 2022 Net Sales at Rs 127.16 crore, down 2.71% Y-o-Y
Trade Watchlist Portfolio Message Set Alert live bse live nse live Volume Todays L/H More × Reported Consolidated quarterly numbers for OnMobile Global are: Net Sales at Rs 127.16 crore in March 2022 down 2.71% from Rs. 130.70 crore in March 2021. Quarterly Net Profit at Rs. 4.67 crore in March 2022 down 68.8% from Rs. 14.96 crore in March 2021. EBITDA stands at Rs. 9.85 crore in March 2022 down 46% from Rs. 18.24 crore in March 2021. OnMobile Global EPS has decreased to Rs. 0.43 in March 2022 from Rs. 1.43 in March 2021. Close OnMobile Global shares closed at 115.55 on June 22, 2022 (NSE) and has given 17.67% returns over the last 6 months and 1.14% over the last 12 months. OnMobile Global Consolidated Quarterly Results in Rs. Cr. Mar'22 Dec'21 Mar'21 Net Sales/Income from operations 127.16 133.18 … [Read more...] about OnMobile Global Consolidated March 2022 Net Sales at Rs 127.16 crore, down 2.71% Y-o-Y
Buy Infosys; target of Rs 1730: Sharekhan
Rama Steel Tubes: Nomura Singapore buys 1 lakh shares in Rama Steel Tubes. Nomura Singapore bought 1 lakh equity shares in the company via open market transactions on June 15. These shares were acquired at an average price of Rs 371 per share. Sharekhan's research report on Infosys Our interaction with Infosys’ management revealed that demand stays strong and the company does not see clients’ IT spends weakening even amid geopolitical tensions and high inflation. Infosys is confident of clocking strong revenue growth yet again in FY2023 with front-ended revenue growth. H1 is expected to be better than H2. Margins are likely to improve in H2FY2023 as headwinds are front-loaded, led by rationalisation of sub-contractor costs, pyramid rationalisation and better pricing. Outlook We thus maintain a Buy on Infosys with a revised PT of Rs. 1,730; the company is expected to outpace large peer in terms of organic revenue growth in FY2023-FY2024E. Close … [Read more...] about Buy Infosys; target of Rs 1730: Sharekhan
Aarvi Encon Consolidated March 2022 Net Sales at Rs 90.99 crore, up 59.66% Y-o-Y
Trade Watchlist Portfolio Message Set Alert live bse live nse live Volume Todays L/H More × Reported Consolidated quarterly numbers for Aarvi Encon are: Net Sales at Rs 90.99 crore in March 2022 up 59.66% from Rs. 56.99 crore in March 2021. Quarterly Net Profit at Rs. 2.66 crore in March 2022 down 12.2% from Rs. 3.03 crore in March 2021. EBITDA stands at Rs. 3.23 crore in March 2022 up 7.67% from Rs. 3.00 crore in March 2021. Aarvi Encon EPS has decreased to Rs. 1.80 in March 2022 from Rs. 2.05 in March 2021. Close Aarvi Encon shares closed at 87.05 on June 22, 2022 (NSE) and has given 10.96% returns over the last 6 months and 26.34% over the last 12 months. Aarvi Encon Consolidated Quarterly Results in Rs. Cr. Mar'22 Dec'21 Mar'21 Net Sales/Income from operations 90.99 73.69 56.99 Other Operating … [Read more...] about Aarvi Encon Consolidated March 2022 Net Sales at Rs 90.99 crore, up 59.66% Y-o-Y
SR Industries Standalone March 2022 Net Sales at Rs 2.41 crore, down 43% Y-o-Y
Trade Watchlist Portfolio Message Set Alert live bse live nse live Volume Todays L/H More × Reported Standalone quarterly numbers for SR Industries are: Net Sales at Rs 2.41 crore in March 2022 down 43% from Rs. 4.22 crore in March 2021. Quarterly Net Profit at Rs. 1.21 crore in March 2022 up 304.43% from Rs. 0.30 crore in March 2021. EBITDA stands negative at Rs. 0.54 crore in March 2022 down 124.32% from Rs. 2.22 crore in March 2021. SR Industries EPS has increased to Rs. 0.60 in March 2022 from Rs. 0.15 in March 2021. Close SR Industries shares closed at 1.85 on June 23, 2022 (BSE) and has given -29.12% returns over the last 6 months and -37.29% over the last 12 months. SR Industries Standalone Quarterly Results in Rs. Cr. Mar'22 Dec'21 Mar'21 Net Sales/Income from operations 2.41 5.22 4.22 … [Read more...] about SR Industries Standalone March 2022 Net Sales at Rs 2.41 crore, down 43% Y-o-Y
Buy Dollar Industries; target of Rs 537: Hem Securities
Trade Watchlist Portfolio Message Set Alert live bse live nse live Volume Todays L/H More × Hem Securities report on Dollar Industries Dollar Industries Q4 FY22 consolidated revenues came in at ₹ 376 Cr, up 21% YoY and down 1.8% QoQ with a volume decline of 2% YoY. PBIDT for Q4FY22 stood at ₹ 59 Cr, up 78% YoY and down 10.1% QoQ. PBIDTM for Q4FY22 came at 15.7%, up 500 bps YoY and down 146 bps QoQ. PAT for Q4FY22 stood at ₹ 37Cr, up 84.6% YoY and down 16.4% QoQ. Gross margins were impacted due to a steep increase in cotton yarn prices. Outlook We initiate a “BUY” rating on the stock and value the stock at 13.7x FY24E earnings to arrive at the target of ₹537. Close More Info At 12:08 hrs Dollar Industries was quoting at Rs 462.05, up Rs 7.50, or 1.65 percent. It has touched an intraday high of Rs 465.40 and an intraday low of Rs 460.65. It … [Read more...] about Buy Dollar Industries; target of Rs 537: Hem Securities
Buy Nazara Technologies; target of Rs 1813: Prabhudas Lilladher
The research firm ICICI Securities believes earnings of apparel brands and retail companies under their coverage may surprise positively from Q3FY22E as the likely demand recovery may result in better than expected margin performance. Some of the costs savings achieved during pandemic may sustain and coupled with high operating leverage may lead to higher than pre-covid margins from Q3FY22E. Stocks like Trent, V-Mart and Aditya Birla Fashion and Retail are the preferred picks backed by their strong and consistent track record of execution. Trade Watchlist Portfolio Message Set Alert live bse live nse live Volume Todays L/H More × Prabhudas Lilladher's research report on Nazara Technologies We hosted Mr Manish Agarwal, CEO of Nazara Technologies for a NDR recently. Management indicated that Battle Grounds Mobile India (BGMI) Master Series IP which is to be telecast on … [Read more...] about Buy Nazara Technologies; target of Rs 1813: Prabhudas Lilladher
Rajapalayam Consolidated December 2021 Net Sales at Rs 168.03 crore, up 37.46% Y-o-Y
Trade Watchlist Portfolio Message Set Alert live bse live nse live Volume Todays L/H More × Reported Consolidated quarterly numbers for Rajapalayam Mills are: Net Sales at Rs 168.03 crore in December 2021 up 37.46% from Rs. 122.24 crore in December 2020. Quarterly Net Profit at Rs. 19.06 crore in December 2021 down 36.82% from Rs. 30.17 crore in December 2020. EBITDA stands at Rs. 31.01 crore in December 2021 up 121.34% from Rs. 14.01 crore in December 2020. Rajapalayam EPS has decreased to Rs. 22.00 in December 2021 from Rs. 41.00 in December 2020. Close Rajapalayam shares closed at 313.00 on January 29, 2015 (NSE) Rajapalayam Mills Consolidated Quarterly Results in Rs. Cr. Dec'21 Sep'21 Dec'20 Net Sales/Income from operations 168.03 171.45 120.52 Other Operating Income -- -- 1.72 Total … [Read more...] about Rajapalayam Consolidated December 2021 Net Sales at Rs 168.03 crore, up 37.46% Y-o-Y
Rajapalayam Standalone March 2022 Net Sales at Rs 213.86 crore, up 56.09% Y-o-Y
Trade Watchlist Portfolio Message Set Alert live bse live nse live Volume Todays L/H More × Reported Standalone quarterly numbers for Rajapalayam Mills are: Net Sales at Rs 213.86 crore in March 2022 up 56.09% from Rs. 137.01 crore in March 2021. Quarterly Net Profit at Rs. 15.40 crore in March 2022 up 200.19% from Rs. 5.13 crore in March 2021. EBITDA stands at Rs. 36.99 crore in March 2022 up 18.67% from Rs. 31.17 crore in March 2021. Rajapalayam EPS has increased to Rs. 18.00 in March 2022 from Rs. 7.00 in March 2021. Close Rajapalayam shares closed at 313.00 on January 29, 2015 (NSE) Rajapalayam Mills Standalone Quarterly Results in Rs. Cr. Mar'22 Dec'21 Mar'21 Net Sales/Income from operations 213.86 168.03 135.29 Other Operating Income -- -- 1.72 Total Income From Operations … [Read more...] about Rajapalayam Standalone March 2022 Net Sales at Rs 213.86 crore, up 56.09% Y-o-Y