Institutional Reports23 May 2026
Sun Pharmaceutical Industries: EBITDA grew 3% YoY despite 13% sales growth (US: -4% QoQ, global specialty: +20% YoY, India: +15% ...
Institutional Reports22 May 2026
After reporting strong growth momentum during Q3FY26 (IRNB: +22% YoY, NOP: +47% YoY), thanks to GST tailwinds, MDRT campaign clos...
Institutional Reports22 May 2026
Life Insurance Corporation of India: Life Insurance Corporation of India (LICI) printed APE growth (+18% YoY), led by a strong reboun...
Institutional Reports21 May 2026
Bharat Electronics: Bharat Electronics Ltd recorded a robust FY26 performance, reflected through 16.2% revenue growth and 13.9% PAT growt...
Institutional Reports20 May 2026
Indian Oil Corporation: We maintain BUY on India Oil Corporation (IOCL) with a price target of INR147. More than 24% refinery capacity ad...
Institutional Reports19 May 2026
Amber Enterprises: Amber’s Q4FY26 revenue grew 10% YoY to INR 41.5bn. Consumer durables division grew 7% YoY, while electronics/railways ...
Institutional Reports18 May 2026
Tata Steel: We maintain BUY on Tata Steel with a higher TP of INR 250/share (7.5x its FY28E consolidated EBITDA). In Q4FY26, Tata Steel d...
Institutional Reports16 May 2026
JSW Steel: We maintain BUY on JSW Steel (JSTL) with a higher target price of INR 1,370/share (SOTP based). JSWS reported 6% YoY consolida...
Institutional Reports15 May 2026
Macroeconomic indicators (Score: 2/5*): India's April macroeconomic indicators reveal soft domestic momentum, characterized by sluggish G...
Institutional Reports15 May 2026
DLF: DLF reported a quarter with pre-sales of INR 39.7bn (+95.4%/+8x YoY/QoQ) primarily driven by Dahlias. Collections remained s...
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