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Brokrage Reports


Brokrage Reports on RIL


MS: OW, TP Rs 2262

CLSA O-P, TP Rs 2250

JP Morgan Neutral, TP Raised to Rs 2250

Edelweiss Hold, TP Rs 2105

UBS on RIL maintain Neutral with Tgt price of 2150

Mac on RIL maintain UP with Tgt price of 1350


Kotak on SAIL
BUY rating with Fair Value of ₹170
Introduction of Futures & Options Contracts on 4 Individual Securities w.e.f. June 25, 2021
1.ABFRL
2.COROMANDEL
3.INDHOTEL
4.METROPOLIS
*Accenture* raises its business outlook for FY21; now expects revenue growth of 10% to 11% vs previous guidance of 6.5% to 8.5% ; operating margin of 15.1%; GAAP EPS of $9.07 to $9.16; adjusted EPS of $8.71 to $8.80; and free cash flow of $8.0 billion to $8.5 billion
Accenture expects revenues for the fourth quarter of fiscal 2021 to be in the range of $13.1 billion to $13.5 billion
Accenture Q3 FY21 revenue came at $13.3 bn an well above on its guided range of $12.55 bn to $12.95 bn
Operating margin came at 16% vs YoY 15.6%
New bookings for the quarter were $15.4 billion, a 39% increase from the third quarter last year, with consulting bookings of $8.0 billion and outsourcing bookings of $7.4 billion.9M FY21 new booking came at $ 44.3 bn vs $35.6bn in 9MFY20
EPS came at $2.44
*Positive for Indian IT sector*
*Mishra Dhatu Nigam Ltd.- S* | *CMP* Rs. 210 | *M Cap* Rs. 3941 Cr | *52 W H/L* 236/173
(Nirmal Bang Retail Research)
*Result Improved*
*The company recommended final dividend of Rs. 1.58/share*
Revenue from Operations came at Rs. 345.9 Cr (82% QoQ, 69.9% YoY) vs QoQ Rs. 190.1 Cr, YoY Rs. 203.6 Cr
EBIDTA came at Rs. 103.1 Cr (19.3% QoQ, 105.8% YoY) vs QoQ Rs. 86.4 Cr, YoY Rs. 50.1 Cr
EBITDA Margin came at 29.8% vs QoQ 45.5%, YoY 24.6%
Adj. PAT came at Rs. 74.6 Cr vs QoQ Rs. 60 Cr, YoY Rs. 40.4 Cr
Quarter EPS is Rs. 4
Share is trading at P/E of 23.7x TTM EPS
HILIKS 16.38❤️❤️

UC LOCKED

NEW 52 WEEK HIGH