Texmaco Rail & Engineering: Maha-Metro Awards Rs 446.1 million Order, Central Railway Awards Rs 339 million Order (Positive)LTIM: Company Launches Blueverse with OGI, A Next-Generation Autonomous ITSM Platform; Enhances Productivity and Operational Efficiency through Ai-Powered Solutions. (Positive)Bharat Electronics: Company Receives…
Lloyds Engineering: Company partner to develop defender SIGINT UAV for India’s Defence Sector (Positive)NTPC Green Energy: Company Signs MOU With Government Of Gujarat For Development Of Solar Parks And Wind Projects; Cumulative Capacity Of 10 Gw For Solar And 5…
GS on MarutiUpgrade to Buy, TP Raised to Rs 18900To factor inPotential pickup in market for entry level cars post GST cuts & price changesResumption of new model launches after a gap of 2.5 years with Victoris SUV + eVitaraFavorable…
Ramky Infrastructure: Company’s subsidiary wins ₹2,085 crore water supply project for Musi River Rejuvenation. (Positive)Arfin India: Company secured a significant order for 6,900 MT of aluminum products valued at ~₹30 Crores/month from JFE Shoji India. (Positive)Vedanta: Company has been declared…
Ramky Infrastructure: Company’s subsidiary wins ₹2,085 crore water supply project for Musi River Rejuvenation. (Positive)Arfin India: Company secured a significant order for 6,900 MT of aluminum products valued at ~₹30 Crores/month from JFE Shoji India. (Positive)Vedanta: Company has been declared…
Zydus Lifesciences: Company announced the launch of 2 new generic treatments through its animal health division, ZyVet. (Positive)All Cargo: Company reports 56.8k TEUS in August, up 9 percent MoM. (Positive)JSW Infrastructure: Company’s subsidiary signs 30-year concession for Kolkata Dock System.…
UBS on LTmindtreeInitiate Neutral, TP Rs 5830While like Cos recent healthy deal wins & strong positioning for upcoming GenAI cycle, are also concerned about its growth underperformance to mid-cap peers, its ability to achieve margin targets, and high client concentration…
Insolation Energy: Company Secures Order Valued At ₹140 Crores (Positive)JBM Auto: ECOLIFE Mobility gets $100 million capital investment from IFC to scale up deployment of e-buses. (Positive)Oil India: Company to set up renewable energy JV with Rajasthan Rajya Vidyut Utpadan…
JPM on Capital GoodsPockets of opportunity amidst a capex breatherCapex set to grow at about 10-11% over medium termStock prices factoring in a large part of that decelerationA 10% growth environment offers pockets of opportunity for healthy earnings growthStick to…
UBS on GST ReformsCementSentimentally positive, though demand should remain inelastic in near termGovt to work towards rate cut benefits being passed on to consumersThough this should make near-term environment conducive to price hikesConsumer DurablesPositive for Voltas and HavellsBoosts affordability, supports…