Sharekhan

#Sharekhan Research maintains overweight stance on Banks; Preferred picks in Private banks: ICICIB, Axis, Kotak, HDFCB, IndusInd, Federal & within PSBs, SBI, PNB; #Disclaimer:https://t.co/lwlnPuAoFi #Sharekhan #Disclaimer

#SharekhanResearch retains Buy on KPR Mills with PT of Rs885; Mixed Q2; garment export demand likely to recover in H2FY24; expect 16% and 21% revenue and PAT CAGR over FY23-26E; #Disclaimer:https://t.co/Q9OkXssHb5 #SharekhanResearch #Disclaimer

#SharekhanResearch retain positive view on BSE with 18% upside; Strong Q2; Pick up in equity derivative vols & gradual increase in tariffs on Bankex and Sensex contract (beyond the current week) remains the key catalyst in the near term. #Disclaimer:https://t.co/lwlnPuAoFi #SharekhanResearch #Disclaimer

#SharekhanResearch retains Buy on Wonderla Holidays with PT of Rs1137; New park in Odisha and Chennai will drive incremental footfalls in FY25/26; Balance sheet will remain lean despite new park addn #Disclaimer:https://t.co/lwlnPuAoFi #SharekhanResearch #Disclaimer

#SharekhanResearch retains Positive stance with an upside of 19% over the next 12mths; H2FY24 will be strong; Aurika will add to revenues and profitability in FY2025; Debt has pick-out and will reduce once Aurika attains certain scale #Disclaimer:https://t.co/lwlnPuAoFi #SharekhanResearch #Disclaimer

#SharekhanResearch retain Positive stance on Mrs. Bectors Food with an upside of 19%; Strong Q2; Mgmt. maintained its guidance of mid-teens revenue growth & OPM of ~15%; distribution and capacity expansion will drive growth ahead #Disclaimer:https://t.co/lwlnPuAoFi #SharekhanResearch #Disclaimer

#SharekhanResearch retains +ve view on SP Apparels with 17% upside; Q2 sequentially better; strong outlook for garment and SPUK biz; retail to scale up; garment EBITDA margin to be at 18-20% #Disclaimer:https://t.co/Q9OkXssHb5 #SharekhanResearch #Disclaimer

#SharekhanResearch retains Buy on Balrampur Chini with PT of Rs520; Good Q2; sugar crushing to rise by ~10% in SS23-24; ethanol sales likely to be 28-29cr in FY24; margins to reach ~14% in FY24 #Disclaimer:https://t.co/Q9OkXssHb5 #SharekhanResearch #Disclaimer

#SharekhanRsearch retains Buy on Restaurant Brand Asia with PT of Rs150; Strong Q2; India biz FY24 SSSG to be at ~6% with SSSG improving to 8-10% in H2; Indonesia biz to break even by FY2024-end; store expansion continues; #Disclaimer:https://t.co/Q9OkXssHb5 #SharekhanRsearch #Disclaimer