BUY NATURAL GAS 290 CE AT 10.20-9.80 SL BELOW 7 TARGET 15

BULK EAL IN BHARTI 7.50 CRORE SHARES @ 1814 IN NSE
CMP 1820 -2.5%

1-2 Days PARKHOTEL SL Triggered @ 145.  Visit our website for disclosure (Nirmal Bang). 

BULK DEAL IN JSWINFRA OF 4.40 CRORE @ 288.3 IN NSE
CMP 289 -3%

1-2 DAYS Derivatives Call Book Partial Profits in AMBUJACEM 550CE at 14-15, Target 17, Call initiated at 11.6(ANALYST AMIT). Visit our website for disclosure. (Nirmal Bang).

1-2 DAYS Derivatives Call Book Partial Profits in ASTRAL 1360CE at 45-47, Target 54, Call initiated at 39. (ANALYST AMIT). Visit our website for disclosure. (Nirmal Bang).

1-2 DAYS Derivatives Call Book Partial Profits in NBCC 108CE at 4.9-5.5, Target 7, Call initiated at 3.5(ANALYST AMIT). Visit our website for disclosure. (Nirmal Bang). 

16-05-2025
BHEL
LASTYR 484 CR
LASTQTR 125 CR
MKTEXP 885 CR RESULT IMPROVED

DCMNVL
LASTYR 5 CR
LASTQTR -2 CR
MKTEXP NO EXP

DELHIVERY
LASTYR EBIDTA 46 CR
LASTQTR EBIDTA 102 CR
MKTEXP EBIDTA 78 CR RESULT IMPROVED

KPIL
LASTYR 165 CR
LASTQTR 142 CR
MKTEXP 242 CR RESULT IMPROVED

RELINFRA
LASTYR EBIDTA 616 CR
LASTQTR EBIDTA 606 CR
MKTEXP EBIDTA NO EXP


17-05-2025
DIVISLAB
LASTYR 538 CR
LASTQTR 589 CR
MKTEXP 616 CR RESULT IMPROVED


19-05-2025
BEL
LASTYR EBIDTA 2287 CR
LASTQTR EBIDTA 1669 CR
MKTEXP EBIDTA 2290 CR RESULT OK

DLF
LASTYR 920 CR
LASTQTR 1361 CR
MKTEXP 718 CR RESULT OK

IRB
LASTYR 189 CR
LASTQTR 222 CR
MKTEXP 209 CR RESULT OK

PETRONET
LASTYR 738 CR
LASTQTR 867 CR
MKTEXP 839 CR RESULT OK

PIIND
LASTYR 737 CR
LASTQTR 867 CR
MKTEXP 839 CR RESULT OK

POWERGRID
LASTYR 4302 CR
LASTQTR 3850 CR
MKTEXP 4175 CR RESULT OK

20-5-2025
DIXON
LASTYR EBIDTA 182 CR
LASTQTR EBIDTA 390 CR
MKTEXP EBIDTA 404 CR RESULT OK

HINDALCO
LASTYR EBIDTA 6681 CR
LASTQTR EBIDTA 7583 CR
MKTEXP EBIDTA 8192 CR RESULT IMPROVED

KIRLOSIND
LASTYR 89 CR
LASTQTR 24 CR
MKTEXP NO EXP

MANINFRA
LASTYR 65 CR
LASTQTR 84 CR
MKTEXP NO EXP

MAXHEALTH
LASTYR EBIDTA 381 CR
LASTQTR EBIDTA 499 CR
MKTEXP EBIDTA 622 CR RESULT IMPROVED

NHPC
LASTYR 550 CR
LASTQTR 231 CR
MKTEXP NO EXP

SOLARIND
LASTYR EBIDTA 353 CR
LASTQTR EBIDTA 526 CR
MKTEXP EBIDTA 606 CR RESULT IMPROVED

SEQUENT
LASTYR 4 CR
LASTQTR 4 CR
MKTEXP NO EXP

TORNTPHARMA
LASTYR 449 CR
LASTQTR 503 CR
MKTEXP 530 CR RESULT IMPROVED

UNITDSPR
LASTYR EBIDTA 362 CR
LASTQTR EBIDTA 588 CR
MKTEXP EBIDTA 449 CR RESULT IMPROVED

1-2 DAYS CALL Derivatives Call NBCC 104CE Target Achieved @ 7.5, BUY Call Initiated @ 3.5. (ANALYST AMIT). Visit our website for disclosure. (Nirmal Bang)

1-2 DAYS Technical call Buy RICOAUTO above 70 with SL 68 Target 75(ANALYST AMIT). Visit our website for disclosure. (Nirmal Bang).

*Eureka Forbes Ltd.* | *CMP* Rs. 556 | *M Cap* Rs. 10748 Cr | *52 W H/L* 648/397
(Nirmal Bang Retail Research)
*Result is above expectations*
Revenue from Operations came at Rs. 612.7 Cr (2.5% QoQ, 10.7% YoY) vs expectation of Rs. 621.6 Cr, QoQ Rs. 597.7 Cr, YoY Rs. 553.6 Cr
EBIDTA came at Rs. 77.1 Cr (30.3% QoQ, 44.6% YoY) vs expectation of Rs. 65.1 Cr, QoQ Rs. 59.1 Cr, YoY Rs. 53.3 Cr
EBITDA Margin came at 12.6% vs expectation of 10.5%, QoQ 9.9%, YoY 9.6%
Adj. PAT came at Rs. 48.3 Cr vs expectation of Rs. 39.8 Cr, QoQ Rs. 35 Cr, YoY Rs. 36.5 Cr
Quarter EPS is Rs. 2.5
Stock is trading at P/E of 50.1x FY26E EPS

1-2 DAYS Derivatives Call Buy NBCC 29MAY 112CE above 4 with SL 2.5 Target 8(ANALYST AMIT). Visit our website for disclosure. (Nirmal Bang). 

1-2 DAYS Derivatives Call Buy HUDCO 29MAY 230CE above 7.8 with SL 6.5 Target 13(ANALYST AMIT). Visit our website for disclosure. (Nirmal Bang). 

TRADING BUY ZINC AT 258 SL BELOW 256 TARGET 261

1-2 DAYS Derivatives Call Book Partial Profits in TATACHEM 850CE at 23.5-25, Target 30, Call initiated at 20.5(ANALYST AMIT). Visit our website for disclosure. (Nirmal Bang).

1-2 DAYS Technical Call Book Partial Profits in RICOAUTO at 72.3-73.5, Target 75, Call initiated at 70(ANALYST AMIT). Visit our website for disclosure. (Nirmal Bang).