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...
Institutional Reports16 Jun 2026
We maintain BUY on JK Cement (JKCE), with an unchanged target price of INR 5,950/share (15x FY28E consolidated EBITDA). Despite the ongoi...
Institutional Reports15 Jun 2026
Macroeconomic indicators (Score: 2/5*): India's May macroeconomic indicators reflect a mix of cautionary signals and steady growth, as CP...
Institutional Reports10 Jun 2026
We recently interacted with the Prince Pipes management, Mr. Nihar Chheda, VP (Strategy), and Mr. Anand Gupta, CFO. The company targets 1...
Institutional Reports08 Jun 2026
The aggregate performance of the Q4FY26 earnings season was robust as YoY PAT growth continued its steady improvement supported by health...
Institutional Reports08 Jun 2026
Lending financials (Strong) (Revenue/PAT growth (YoY): 9%/15% and (QoQ): 2%/8%) Robust credit growth, margin recovery and an improved ass...
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