Category: Equity Research
ICICI Bank Ltd
November 27, 2018Signs of improvement visible… ICICI Bank is India’s second largest bank and the largest among private banks in terms of total assets. Further, the Bank has a large footprint of…Continue Reading
Maruti Suzuki India Ltd.
November 20, 2018Maruti Suzuki India Limited (MSIL), a subsidiary of Suzuki Motor Corporation, is India’s largest passenger car company, accounting for over 50% of the domestic car market. Outlook and Valuation: We…Continue Reading
Bharti Airtel Ltd
November 13, 2018Bharti Airtel Ltd is world’s leading provider of telecommunication services with presence in 16 countries across Asia and Africa. It had over 444 million customers across its operations at the…Continue Reading
RBL Bank Ltd.
October 20, 2018Strong performance across all parameters to continue… RBL Bank Ltd. has emerged as one of the fastest growing private sector banks with a network of 265 branches and 388 ATMs.…Continue Reading
Axis Bank Ltd.
October 10, 2018On a cusp of turnaround… Axis Bank is the third largest private sector bank in India. The Bank has a large footprint of 3,779 domestic branches (including extension counters) and…Continue Reading
Jubilant FoodWorks Ltd
October 3, 2018Jubilant FoodWorks Limited (JFL) is India’s leading quick-service restaurant (QSR) company. JFL commands nearly 70% market share in the organised Indian pizza market. Valuation: We expect strong performance to sustain…Continue Reading
ITC Ltd
September 24, 2018ITC is a diversified conglomerate, present across categories– Cigarettes, Other FMCG, Hotels, Paper & Agri-business. ITC is a market leader in the cigarettes category with volume market share of ~75%.…Continue Reading
AIA Engineering Ltd
September 12, 2018AIA Engineering (AIA) is a niche player in the global grinding mill internal market (grinding media, liners, diagraphs etc.) for cement, mining and thermal power generation industries. The current capacity…Continue Reading
APL Apollo Tubes Ltd
August 28, 2018APL Apollo Tubes Ltd is one of the leading manufacturers of branded steel tubes in India with a total capacity of 1.8 million tons per annum (MTPA). Apart from this,…Continue Reading
HDFC Bank
August 21, 2018Enviable performance to continue… HDFC Bank, a new-generation bank, is the second largest private sector bank in India. The Bank has a nationwide distribution network of 4,804 branches and 12,808…Continue Reading
