Reports
Gain valuable insights from our periodic reports on stocks with analysis and comments from our research team after quarterly and yearly corporate result announcements.
Supreme Court comments on 27 Oct 2026 hearing: The 27 Oct 2026 Supreme Court hearing questioned the government over the significant gap b...
We maintain our positive stance on Radico Khaitan with a BUY and Sep‑27 TP of INR 5,300, valuing the stock at 55x P/E (~10% premium to it...
Larsen & Toubro: Larsen & Toubro (LT) reported revenue/EBITDA/APAT at INR 787.5/68.4/52bn, a beat/(miss) of +5.8/-7/+13.4...
Bharat Petroleum Corporation: We maintain BUY on Bharat Petroleum Corporation (BPCL) with a price target of INR 408. BPCL is investing ~I...
We maintain SELL on Deepak Nitrite (DNL), with a price target of INR 1,532. DNL is venturing into polycarbonate (PC) manufacturing with a...
Kotak Mahindra Bank: Kotak Mahindra Bank’s (KMB) Q2FY27 earnings met expectations, driven by an improved volume growth (~13% QoQ), offset...
Infosys: Infosys reported Q2FY27 revenue growth of 1.2% QoQ CC, weighed down by soft volumes, muted pricing amid intense competition, and...
Divi’s Labs (Divi’s) is well-placed for strong custom synthesis growth, driven by: (1) the GLP-1 API opportunity across building blocks, ...
We maintain REDUCE with a revised Sep‑27 TP of INR 1,575 (from INR 1,800), anchored on a 28x P/E multiple, implying a ~33% discount to th...
Overall B2C GOV grew 24.6% YoY (9.9% QoQ) to reach INR 207.9bn (HSIE: INR 206.6bn), led by a sharp QC rebound. However, consolidated adj....
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