Goal: ₹4,004 CMP: ₹3,777.05 We revise our FY25 EPS estimate down by 2.6 per cent factoring in execution of a decrease than anticipated order ebook and downgrade the score to ‘Accumulate’ from Purchase with a revised TP of ₹4,004 (₹3,345 earlier) given the sharp run up in inventory value. BEML reported blended quarterly efficiency with … Read more
The short-term outlook is optimistic for Bharat Dynamics. The inventory had surged 4.8 per cent on Tuesday when the broader markets fell. This rise has taken the share worth effectively above the intermediate resistance stage of ₹1,800. Previous to this rise, the inventory had fashioned a superb base between ₹1,700 and ₹1,800. Help will now … Read more
The short-term outlook is bullish for Status Estates Initiatives. The inventory surged over 7 per cent on Thursday, indicating that the upmove has gained momentum. This rise has occurred after a brief consolidation between ₹590 and ₹620 for about two weeks. On the each day chart, this consolidation is within the type of a rounding … Read more