With core business in Q2FY22 slightly higher than pre-covid levels, management narrative has shifted from recovery to growth via aggressive scale-up.
Antique Stock Broking has a buy rating on the stock with a price target of Rs 240 per share
The P/BV comes around 8.6x which makes the issue fully priced against the superlative performance leaving little to nothing for investors
SAIL is targeting a capacity expansion of 10-15MTPA (million tonnes per annum) in the first phase over a time frame of three to five years
Petrol and diesel prices: The best way to counter fuel price hike is to invest in OMCs like Indian Oil, HPCL and BPCL
Motherson Sumi stock: It is well-placed to capitalise on the recovery in auto demand from FY2022E onwards, according to Kotak Institutional Equities
Consolidated revenue from operations rose 5.7%1 to Rs 19,642 crore as against Rs 18,590 crore a year ago. On a sequential basis, topline grew at 1.8%
ICICI Bank is closing in the gap with HDFC Bank on loan growth and core PPOP (pre-provision operating profit) growth