Mirae Asset Sharekhan

#SharekhanResearch retains buy on HUL with 12 mths PT of Rs. 2910; Weak Q3; Expect good recovery in vol. growth in FY25E, Premiumisation strategy doing well, valuations are reasonable, Budget might provide some breather to rural sentiments. #Disclaimer:https://t.co/lwlnPuAoFi #SharekhanResearch #Disclaimer

#SharekhanResearch Q3FY24 FMCG prev: Weak demand continues to impact vol. grwth; OPM expansion to drive better operating perf.; likely revival in rural demand from H2FY25; Picks – ITC, TCPL, Radico, Bectors Food, Varun Bev, Heritage Foods #http://bit.ly/SKRDisclaimer #SharekhanResearch #http

#SharekhanResearch maintains Buy on KEI Industries with 12 months PT of Rs. 3,600; strong earnings outlook supported by tailwinds from power sector; Focus on capacity addition will maintain the growth momentum; Gaining significant traction in exports; https://t.co/Q9OkXssHb5 #SharekhanResearch

#SharekhanResearch retains buy on Axis Bank with 12 mths PT of Rs 1,140; Management reiterated franchise will continue to deliver consistent performance in near to medium term; it does not intend to raise capital at current juncture #Disclaimer:https://t.co/lwlnPuAoFi #SharekhanResearch #Disclaimer

#SharekhanResearch Q2FY24 Retail/QSR -weak; Hotels - strong; Textiles - QoQ good. Festive/Wedding season will boost Retail & Hotels; Textile should see good export demand; picks – Trent, Titan, IHCL, Chalet, Wonderla, Restaurant Brand, Relaxo https://t.co/Q9OkXssHb5 #SharekhanResearch

#SharekhanResearch Oil & gas Q2 review: OMCs earnings beat est. on higher GRM & lower auto fuel over-recoveries; upstream PSUs a mixed bag; CGDs margin strg. but vol. growth subdued; GAIL/GSPL perform well; picks – RIL, MGL, GAIL, GSPL https://t.co/Q9OkXssHb5 #SharekhanResearch

#SharekhanResearch maintains Buy on #NMDC with 12 months PT of Rs195; price hikes of Rs550/t & prod. guid. of 47-49mt/52mt for FY24-25 bode well for earnings; FY26E EV/EBITDA of 3.8x attractive; div. yield of 5-6%; Q2 PAT miss on weak realisation https://t.co/Q9OkXssHb5 #SharekhanResearch #NMDC

#SharekhanResearch maintains Hold on #SAIL with 12 months PT of Rs95; Q3 steel spreads to decline on rise in coking coal price; debt to remain elevated given SAIL’s capex plan; weak Q2 on lower steel realisation; FY25E EV/EBITDA of 4.6x https://t.co/Q9OkXstf0D #SharekhanResearch #SAIL

#SharekhanResearch remains +VE on FMCG space; vol. grwth to gradually improve in H2; margin expansion to drive PAT grwth; small cos to perform better in the near term; preferred picks: HUL, ITC, TCPL, Bectors Food, Emami, Jyothy labs & Heritage Foods https://t.co/Q9OkXssHb5 #SharekhanResearch