stock in focus today
TVS motor
Earnings above street estimates
Margins up 40 bps YoY at 9.9%
Margins held at ~10% for second consecutive quarter
Q3FY22
YOY
Rev up 5.8% at 5706cr
EBITDA up 11.2% at 568.2cr
OPM at 9.9% vs 9.5%
PAT up 8.5% at 288.3cr
TVS motor
Earnings above street estimates
Margins up 40 bps YoY at 9.9%
Margins held at ~10% for second consecutive quarter
Q3FY22
YOY
Rev up 5.8% at 5706cr
EBITDA up 11.2% at 568.2cr
OPM at 9.9% vs 9.5%
PAT up 8.5% at 288.3cr
Bullish commentary from Latent View on @CNBCTV18News
company says
➡️scope for data analytics is immense
➡️industry is growing at 18-20%
➡️aim to grow faster than the industry
➡️Will close an acquisition this year
➡️significant potential to ramp up revenues from europe
company says
➡️scope for data analytics is immense
➡️industry is growing at 18-20%
➡️aim to grow faster than the industry
➡️Will close an acquisition this year
➡️significant potential to ramp up revenues from europe
Cosmo films continues to be on my radar. The company has now announced fresh capacity expansion in aurangabad to create 25000 MT capacity. Will spend 140cr on this expansion.
Cosmo films says Demand is robust in sustainable packaging film , expanding capacity further
Sonia Shenoy CNBC TV18
Cosmo Films Q1FY21 – Operationally Strong earnings Good margin performance Revenue down 11% at Rs 481 cr vs Rs 541 cr EBITDA margins at 18.1% vs 10.5% Net profit up 68% at Rs 47 cr v s Rs 28 cr
Remember in august 2020 when we identified the stock was 400 rupees, it’s 1700 today
Stock in focus: TCI Express
Jefferies initiates coverage
BUY with TP of 2300 ,33% upside to CMP
leading express delivery player
GST driving double digit growth for organized players
TCI express profits should rise 2.8X in FY21-25
Expect 23% revenue CAGR and margin improvement
Jefferies initiates coverage
BUY with TP of 2300 ,33% upside to CMP
leading express delivery player
GST driving double digit growth for organized players
TCI express profits should rise 2.8X in FY21-25
Expect 23% revenue CAGR and margin improvement
Stock to watch: Mindtree
➡️strong performance
➡️5.2% QoQ constant currency growth
➡️growth across verticals
➡️Deal TCV rose 9% QoQ to $390m
➡️company says demand environment strong
➡️maintain margin guidance of above 20% in fy23
➡️announced highest ever dividend of INR27/share.
➡️strong performance
➡️5.2% QoQ constant currency growth
➡️growth across verticals
➡️Deal TCV rose 9% QoQ to $390m
➡️company says demand environment strong
➡️maintain margin guidance of above 20% in fy23
➡️announced highest ever dividend of INR27/share.
Tata elxsi reports a strong quarter
Constant currency Rev growth of 7.4% QoQ in Q4
Full year CC rev growth at 34.3%
Embedded product design which is 90% of revenues saw strong growth of 7.6%
Announced dividend of 42.5rs/ share
However valuations very steep at 70x FY23 p/e
Constant currency Rev growth of 7.4% QoQ in Q4
Full year CC rev growth at 34.3%
Embedded product design which is 90% of revenues saw strong growth of 7.6%
Announced dividend of 42.5rs/ share
However valuations very steep at 70x FY23 p/e
Sonia Shenoy CNBC TV18
Another very strong company polycab
Superb numbers from polycab in q1
Sonia Shenoy CNBC TV18
one of the stocks of today could be navine fluorine
Had identified navin fluorine in 2020 when it was 1600 rupees. It’s almost 4000rs today. Strong earnings continue in q1