Indian Stock News Channel

30 Jan 2025 05:33

BLACKBOX : Black Box Limited announced new order wins across industries.

Black Box Continues To Power Next-Gen Digital Infrastructure

BLACKBOX INDIA: Black Box sees strong demand from hyperscalers, securing INR 250 crore in data center projects in the U.S. The company also won a INR 100 crore cybersecurity order, a major telecom network project, and a INR 45 crore airport contract.

AI adoption is expected to further drive IT infrastructure demand.

Indian Stock News Channel

30 Jan 2025 05:13

KPI Green Energy signs agreement worth Rs 1,311 cr for 300 MWAC solar PV plant with Coal India

Natco Pharma gets US FDA ANDA nod for Everolimus tablets for oral suspension (TFOS), 2mg, 3mg and 5mg

Everolimus TFOS is a kinase inhibitor, used to treat SEGA

Indian Stock News Channel

30 Jan 2025 05:11

AUROBINDO, LAURUS, STRIDES, CIPLA ; Relief

The United States Secretary of State, Marco Rubio, has approved an “Emergency Humanitarian Waiver”, which will allow people to continue accessing HIV treatment funded by the US across 55 countries worldwide.

Indian Stock News Channel

30 Jan 2025 04:51

Bajaj Healthcare receives DCGI approval for Pimavanserin manufacturing

Indian Stock News Channel

30 Jan 2025 04:44

ALLIED BLENDERS UP 7 % ON STRONG Q3

Indian Stock News Channel

30 Jan 2025 04:36

CLSA ON POWER STOCKS

Compelling valuations

Time to buy, but be selective

Power demand slowdown is cyclical not structural

Large long only investors looking to add NTPC and Power Grid

Interest seen in relative-value green stocks such as NHPC

Not much interest for expensive utilities like Tata Power and JSW Energy

NTPC-Maintain Outperform-TP 459

NHPC-Maintain Outperform-TP 120

CESC-Maintain Outperform-TP 195

Indian Stock News Channel

30 Jan 2025 04:29

MORGAN STANLEY on Tata Motors

EW, TP Rs 853

F3Q numbers were weaker than expected.

JLR F2025 EBIT margin guidance is maintained but revenue and ROCE guidance was lowered marginally.

JLR will relook at FY26 guidance post F4Q25 earnings

Indian Stock News Channel

30 Jan 2025 04:29

JEFFERIES ON TATA MOTORS

Downgrade to Underperform from Buy, target price at Rs 660 (From Rs 930)

Downgrades after 3.5 years of Buy rating

JLR faces weak demand in China and Europe, rising customer acquisition cost and higher warranty expense

Indian CV and PV demand has slowed down and competition is rising in EVs

Expect seasonally better Q4FY25

Cut FY25-27E EBIDTA by 7-11% and EPS by 5-10%

Indian Stock News Channel

30 Jan 2025 04:24

NOMURA ON MGL

Upgrade to Neutral from Reduce, TP 1350 (FROM 1130)

Raise EBIDTA by 12% for FY25 factoring in higher margins

Expectations  due to rise in APM gas collections to 50% of CNG volumes

Incremental upsides include Natural Gas coming under ambit of GST

Favourable outcome on curtailing petrol/diesel vehicles in Mumbai

Indian Stock News Channel

30 Jan 2025 04:24

NOMURA ON CARTRADE

Maintain Buy, target price ₹1,779 (from ₹1,278)

Favorable industry dynamics to sustain growth

Growth momentum sustainable for OLX and consumer business

Raised FY25-27 adjusted EBITDA by 14-22% and adjusted EPS by 14-18%

Raised consumer business growth to 29%/26%/21% over FY25-27 (earlier 20%)

Indian Stock News Channel

30 Jan 2025 04:24

NOMURA ON CARTRADE

Maintain Buy, target price ₹1,779 (from ₹1,278)

Favorable industry dynamics to sustain growth

Growth momentum sustainable for OLX and consumer business

Raised FY25-27 adjusted EBITDA by 14-22% and adjusted EPS by 14-18%

Raised consumer business growth to 29%/26%/21% over FY25-27 (earlier 20%)

Indian Stock News Channel

30 Jan 2025 04:21

SOLAR IND ; CCS clears Army's Rs 10,000 crore Pinaka rocket deal; Solar, MIL to manufacture - Ani

The Cabinet Committee on Security approved a Rs 10,000 crore Indian Army project to purchase ammunition, including Area Denial Munitions and Pinaka Enhanced Range rockets.

The project will be split between Solar Industries and Munitions India Limited (MIL).

Indian Stock News Channel

30 Jan 2025 04:17

JEFFERIES ON HOME FIRST FINANCE

Maintain Buy, TP 1325

Loan growth stays healthy, disbursements grow tad soft

Spreads moderate due to high cost of funds

Steady asset quality seen

To deliver 27% EPS CAGR over FY25-27E

Stays top pick in affordable housing

Indian Stock News Channel

30 Jan 2025 04:17

MORGAN STANLEY ON VOLTAS

Maintain Overweight, TP 1975

Lower UCP margins lead to miss-impact due to competition

Voltbek gained market share in refrigerators and washing machines

Board has approved appointment of Mukundan Menon as MD from Sept. 1

Pradeep Bakshi to step down…

Indian Stock News Channel

30 Jan 2025 04:06

BOFA ON RELIANCE INDUSTRIES

Maintain Buy, target price ₹1,550 (from ₹1,723)


Risk-reward favorable, catalysts key for re-rating

Visibility on momentum uptake in retail business

Value unlocking catalyst for Jio or Retail

Telco has multiple revenue drivers, 5G capex largely completed

Free cash flow for telecom business to improve

Indian Stock News Channel

30 Jan 2025 05:21

KPIT TECH Says Asia Will Be Our Key Growth Driver Going Forward

Not Felt Any Pricing Pressure

Customers Want To Do More With Less Which Keeps Us Focussed On Al To Deliver Solutions

Will Try To Deliver Greater Value To Our Customers Without Compromising On Margin - CNBCTV18

Indian Stock News Channel

30 Jan 2025 05:12

BLUESTAR Says RAC Market Share Touched -14% In Q3, Target 15% Market

Expecting A Good Q4 For The Industry - CNBCTV18

Indian Stock News Channel

30 Jan 2025 05:00

KPI GREEN ; KPI Green Energy signed a ₹1,311.4 crore contract with Coal India to develop a 300 MW solar plant in Gujarat, set for completion by November 2025.

Indian Stock News Channel

30 Jan 2025 04:44

Rupee Opens At 86.57/$ Vs Wednesday’s Close Of 86.54/$

Indian Stock News Channel

30 Jan 2025 04:41

SRF Q3

ON CHEMICALS BIZ

The Chemicals Business saw a 7% revenue rise to ₹1,496 crore and a 13% profit increase to ₹364 crore in Q3FY25.

Specialty Chemicals faced inventory buildup but showed gradual demand recovery.

Fluorochemicals got strong OEM support, while Chloromethanes remained stable.

ON PACKAGING BIZ

The Packaging Films Business saw a 27% revenue rise to ₹1,385 crore and a 100% profit increase to ₹90 crore in Q3FY25.

SRF maintained industry strength, though Aluminium Foil margins faced pressure from low-cost imports.

Indian Stock News Channel

30 Jan 2025 04:29

MS on Bajaj Fin

OW, TP raised to Rs 9300

Lower stressed asset formation of 2Qwas sustained in 3Q

Management guided to lower credit cost in 4Q

Visibility of 25%+ EPS growth (project 29%) in F26 has improved, subject to macro climate- making BAF an interesting quality large-cap

Indian Stock News Channel

30 Jan 2025 04:29

Bernstein on KPIT Tech
O-P, TP Rs 1580

Delivered a strong quarter (despite Europe auto weakness) with both growth & margin beat.

Revenue grew +2% QoQ CC, +7.4% YoY CC

FY25 rev guidance maintained at 18-22% YoY CC while EBITDA guidance raised to 21%(from 20.5%)

Indian Stock News Channel

30 Jan 2025 04:24

UBS on Bajaj Fin
Sell, TP Rs 6500

Early guidance for FY26 indicates further ROA decline

NII was in-line ;PAT ahead by 3%

Conference call takeaways On leadership changes - Rajeev Jain said that he would like to continue if board decides to

Indian Stock News Channel

30 Jan 2025 04:24

SAGILITY: CO ACQUIRES BROADPATH HEALTHCARE SOLUTIONS, A US HEALTHCARE FOCUSED SERVICES COMPANY || CO AIMS TO ACCELERATE GROWTH IN THE MID-MARKET PAYER SEGMENT WITH THIS ACQUISITION

Indian Stock News Channel

30 Jan 2025 04:24

VAIBHAV GLOBAL Q3 HIGHLIGHTS

Co. says This quarter, we achieved record sales of Rs. 977 crores, reflecting a 10% YoY growth, and reached an all-time high customer base of 698K.

Germany operations broke even at the EBITDA level, and Ideal World became profitable ( as Per Guided ). PAT grew 36% YoY.

Our balance sheet remains strong with a net cash position of Rs 106 crores.

We are confident in sustaining profitable growth.

Indian Stock News Channel

30 Jan 2025 04:21

INVESTEC ON MARUTI SUZUKI

Maintain Buy, target price 14,230 (from ₹14,300)

Operationally in-line performance

Management commentary moderately positive on demand with expectation of ~3-5% YoY retail growth in Q4

Stronger rural demand than urban, uptick in entry hatchbacks, good traction in the new Dzire

Exports (~15% share in 9MFY25) now a focus area with a few models to be made in India for global markets

Indian Stock News Channel

30 Jan 2025 04:21

GOLDMAN SACHS ON ACC-AMBUJA

Ambuja Cement-Maintain Neutral, TP 535 (FROM 575)

ACC-Maintain Sell, TP 2190 (FROM 2345)

Q3-Lower than expected profitability

Significant capacity additions expected for Ambuja over next 12-18 months

Longer term expansion remains on track…

Indian Stock News Channel

30 Jan 2025 04:17

UBS ON INDIAN BANKS

Micro Finance-December saw first MoM decline in PAR 1-90 in FY25

PAR 1-90 (Early Delinquency) down 50bps MoM to 19.1%

If pace of decline sustains expect H1FY26 to start seeing moderation in slippage/credit costs

Collections for major lenders has improved…

Indian Stock News Channel

30 Jan 2025 04:06

NUVAMA ON TATA MOTORS

Maintain Reduce, target price ₹720 (from ₹750)

Q3FY25 EBITDA falls short of estimates due to realization/margin miss in JLR and the India CV division

Management has cut FY25E JLR revenue by 3%

Muted revenue and EBITDA CAGR of 2% each over FY25-27E

For JLR, expect volume contraction (-4% CAGR) due to order book exhaustion, discontinuation of Jaguar models, and subdued demand across regions

Expect India CV division to turn in a muted performance (1% CAGR) due to moderate road construction spends and a high base

Indian Stock News Channel

30 Jan 2025 04:06

PARENT WHIRLPOOL CORP TO SELL ADDITIONAL 20 % STAKE IN WHIRLPOOL INDIA

NOTE ; PROMOTER ENTITY ALREADY SOLD 24 % STAKE ON 20 FEB 2024 FOR REDUCING DEBT