Institutional Reports25 Jun 2026
We maintain a BUY on Nuvoco Vistas, with an unchanged target price of INR 390/share (9x FY28E consolidated EBITDA). As per our interactio...
Institutional Reports25 Jun 2026
Aurobindo Pharma (Aurobindo) received the necessary approval from US Federal Trade Commission (US-FTC) for the acquisition of the Lannett...
Institutional Reports24 Jun 2026
IndiaMART continues to face elevated churn in its silver-tier customer segment, which has weighed on net additions over the last eleven q...
Institutional Reports24 Jun 2026
We interacted with V-Guard Industries’ CFO Mr. Sudharshan Kasturi. Management indicated that the company is targeting 15% revenue growth ...
Institutional Reports24 Jun 2026
We recently interacted with Bajaj Electricals’ team. Demand in Q1FY27 for the industry remains healthy, with the southern region showing ...
Institutional Reports23 Jun 2026
We maintain ADD on APL Apollo Tubes Ltd (APAT) with an unchanged target price of INR 2,070 (35x FY28E adj EPS). APAT has delivered very s...
Institutional Reports22 Jun 2026
Amber has announced entry into mobile manufacturing. The company has entered into an agreement with OPPO India, the licensed manufacturer...
Institutional Reports22 Jun 2026
FY24-26 marked a clear step-up in customer acquisition across verticals, and it intends to do an encore over FY26-30. This note, alongsid...
Institutional Reports22 Jun 2026
HCL Tech closed FY26 with a revenue of USD 14.7bn (+3.9% CC) and Services growth of 4.8% CC, marking a third consecutive year of orga...
Institutional Reports16 Jun 2026
We visited manufacturing facilities and project sites of Balaji Amines (BAL) and its subsidiary Balaji Speciality Chemical (BSCL) at Sola...
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