The note says TCS will trail expectations in a seasonally strong quarter at +0.5% QoQ CC, with TCV of USD 8-10bn and a maintained 26-28% margin band, and its target price is cut from INR 2,580 to INR 2,470 on a lower 15x multiple.
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What India's research desks published, reported with attribution and linked to the original notes. Orivam issues no recommendations of its own.
All houses
HDFC Securities
Motilal Oswal
Mirae Asset Sharekhan
Tata Asset Management
India IPO
Jainam
GEPL Capital
Way2Wealth
SBICAP Securities
Angel One
Axis Securities
ICICI Direct Research Retail
Formerly known as Way2Wealth
Religare
Arete Securities
ICICI Direct
Way2Wealth Securities
ICICI Securities
quant Mutual Fund
Kotak Securities
JM Financial
ICICI Securities – Retail
Ventura Securities
Global Markets by Vested
Prabhudas Lilladher
ITC Hotels
Elara Securities
Exterminators PLC
Emkay Global
Industrial Asphalts
Private Client Group Research summarized from KIE research report
Kahawatte Plantations PLC
2620 notes · all time
The report notes an upbeat current-quarter outlook from US-listed Micron supported the Nifty IT Index and Asian tech shares.
Read this note →The report notes TD Power Systems won a confirmed Rs 192 crore order for US-based gas turbine generator supplies.
Read this note →The report states GPT Infraprojects secured a Rs 385 crore order from Transnet Freight Rail, South Africa, for railway concrete sleepers over five years.
Read this note →The report notes MTNL's board approved sale of its Powai property in Mumbai to the Income Tax Department for Rs 891.53 crore.
Read this note →The report states CEAT has expanded its Chennai plant capabilities to boost premium tyre production for domestic and global markets.
Read this note →The report notes Tata Motors' CV September sales rose 42.4% YoY to 43,487 units.
Read this note →The report states Force Motors September sales rose 62% YoY to 4,027 units.
Read this note →The report states SML Mahindra September sales were 1,124 units, up 18% YoY.
Read this note →The report notes M&M PV sales rose 14% YoY to 64,092 units while tractor sales fell 21% YoY to 52,100 units, and the stock also appears among derivative weakness names.
Read this note →The report states Escorts September sales fell 16.7% YoY to 15,214 units.
Read this note →The report states VST Tillers September sales were 5,954 units, up 33% YoY.
Read this note →The report notes Bajaj Auto sales of 5.28 lakh units (up 5% YoY) but lists the stock among those showing weakness in the derivative outlook and among disappointing September sales names dragging the Nifty Auto Index.
Read this note →The report cites Eicher Motor September sales of 1.34 lakh units, up 8% YoY, while also noting the stock contributed to disappointing September auto sales data that pressured the Nifty Auto Index.
Read this note →The report states Maruti's September sales were 236,013 units, up 24% YoY, though it is also cited among auto names with disappointing data weighing on the Nifty Auto Index.
Read this note →The report notes Hyundai Motor India recorded its highest-ever monthly sales in September at 77,916 units, up 10.8% YoY.
Read this note →The note says it estimates a ~7% EBITDA impact for Aster DM and maintains BUY.
Read this note →The note says it estimates a ~6% EBITDA impact for Max Healthcare and maintains BUY.
Read this note →The note says it estimates a ~5% EBITDA impact for Apollo Hospital under the assumed margin-cap scenario and maintains a BUY rating.
Read this note →The report highlights Leela Palaces Hotels & Resorts on technical radar, noting more momentum above 586 with support at 555 on strong bullish candle and robust volumes.
Read this note →The report flags an ONGC futures SELL trade for 27th Oct, citing a consolidation breakdown and overall downtrend with resistance at 233.
Read this note →The report gives a technical conviction delivery BUY call on Syrma SGS Technology at CMP ₹1783 with SL ₹1728 and target ₹1893, citing a Pole and Flag breakout and RSI bullish crossover; it also appears in the Focus Investment Ideas table with target Rs 2,000.
Read this note →The report lists Emcure Pharma as a Focus Investment Idea with a Buy rating, CMP Rs 1,943 and target Rs 2,300, implying 18% upside.
Read this note →The report lists Adani Ports as a Focus Investment Idea with a Buy rating, CMP Rs 1,798 and target Rs 2,130, implying 18% upside.
Read this note →The report lists SPR Auto Technologies as a Focus Investment Idea with a Buy rating, CMP Rs 4,654 and target Rs 6,150, implying 32% upside.
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