Dealer’s name: Vodafone Thought (Promote)

Goal: ₹11 CMP: ₹15.79 Vodafone Thought reported blended efficiency for the quarter. It reported income of ₹10,510 crore (down 0.9 per cent q-o-q, down 1.4 per cent y-o-y). The sequential decline in income was as a result of 2.5 million decline in subscriber base to 210.1 million; whereas ARPU was flat sequentially at ₹146. The … Read more

Hero MotoCorp Q1 internet revenue anticipated to develop by double digits yoy

Nation’s largest two-wheeler producer, Hero MotoCorp is predicted to report robust monetary efficiency for the primary quarter ended June 30, pushed by robust gross sales, restoration within the rural market and new launches within the 125cc section just like the Xtreme 125R. The corporate had reported a consolidated internet revenue of ₹700.54 crore within the … Read more

Dealer’s name: Affle India (Purchase)

Goal: ₹1,535 CMP: ₹1,188.95 Affle’s (India) Q4FY24 income stood at ₹506.20 crore up, 1.5 per cent q-o-q/42.3 per cent y-o-y, beating our estimates of ₹499.8 crore, pushed by regular progress in CPCU income. EBITDA margin was flat at 19.4 per cent, on q-o-q and y-o-y foundation, barely beating our estimate of 19.2 per cent. CPCU … Read more

Lupin’s Market: Robust revival in US priced into valuations

We earlier advisable that buyers maintain on to the inventory of Lupin, in bl.portfolio version dated July 1, 2023, owing to a tentative turnaround within the US enterprise. The inventory has returned 80 per cent since then and is now buying and selling at 32 instances one-year ahead earnings, which is a 20 per cent … Read more

KPIT Applied sciences Q3 web up 54% at ₹155.3 crore 

Pune based mostly IT agency KPIT Applied sciences recorded 54 per cent sequential rise in web revenue at ₹155.3 crore. On a year-on-year(YoY) foundation, earnings hiked by 10 per cent. Income from operations stood at ₹1256 crore, registering a 35 per cent YoY development and 4.8 per cent QoQ development. Income development led by Powertrain, … Read more

Dealer’s name: Vodafone Thought (Promote)

Goal: ₹10 CMP: ₹14.36 Vodafone Thought (Thought) reported inline efficiency for the quarter. Each, sequential income development and EBITDA margin have been as per expectation. It reported sequential decline in income of 0.4 per cent q-o-q, nonetheless, ARPU elevated by 2 per cent q-o-q to ₹ 145/month; whereas, subscriber base declined by 4.6 million q-o-q … Read more