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  • Coromandel Inter

    Coromandel International’s (CIL) phosphoric acid backward integration project, a key raw material in fertilizer, is likely to see enhanced domestic production. This will be supported by commencement of the phosphoric acid plant (~100,000 TPA) by Q2FY2...

    Buy Reco. Price: 450.00

  • Galaxy Surfact.

    GSL has emerged as one of the preferred suppliers to leading FMCG companies in the consumer-centric personal care and home care segments. GSL’s further foray into speciality care product segment with higher margins vis-à-vis performance surfact...

    Buy Reco. Price: 904.00

  • CRISIL

    CRISIL is currently facing headwinds in most of its businesses. Research and Information Services segment has seen single digit yoy growth successively for past seven quarters, affected by implementation of MiFID II (Markets in Financial Instruments Directi...

    Sell Reco. Price: 1,568.00

  • Ratnamani Metals

    Ratnamani Metals & Tubes would report a revenue CAGR of 17% over FY18-20E aided by (1) volume growth in steel pipe sales supported by spending on urban infrastructure (2) pricing to remain steady over medium term due to Anti-Dumping Duty on Chi...

    Buy Reco. Price: 848.00

  • Timken India

    Acquisition of ABC Bearings (ABC) by Timken will mark its foray into the Rs400cr wheel-end bearing segment, where its presence is currently marginal. Timken has 60-100% market share in differential and pinion bearing segments. The acquisition of ABC Bearing...

    Buy Reco. Price: 511.15

  • Welspun Corp

    Welspun Corp is likely to report revenue CAGR of 19.9% over FY18-20E aided by ~14.6% CAGR in sales volumes supported by rise in oil and gas capex. Strong oil and gas prices will provide support in the medium term. EBITDA margins are likely to...

    Buy Reco. Price: 90.00

  • APL Apollo

    We expect APL Apollo to see revenue CAGR of 16.2% over FY18-20E aided by sharp rise in sales volumes for the pipe segment. EBITDA margins are likely to expand 14bps over FY18-20E aided by increased share of higher-margin products. As a result, APL Apollo is...

    Buy Reco. Price: 1,128.00

  • Coal India

    Coal India is likely to see revenue CAGR of 12.8% over FY18-20E backed by sharp rise in coal production in FY19-20E. EBITDA margins are likely to expand 1,403bps over FY18-20E due to (1) higher levels of production, and (2) firm realisations due to higher o...

    Buy Reco. Price: 216.00

  • Hindalco Inds.

    Hindalco Industries’ revenue is likely to grow 8.5% CAGR over FY18-20E backed by increased shipments by Novelis to the auto sector and improved outlook for aluminium and copper owing to higher manufacturing activity. The company’s EBITDA margin ...

    Buy Reco. Price: 184.60

  • Jindal Steel

    Jindal Steel and Power (JSPL) is close to completing its turnaround and would report a profit in FY19E. This turnaround is strongly supported by 27.6% CAGR in steel volumes over FY18-20E after the steel plant in Angul becomes operational. Growth in power vo...

    Buy Reco. Price: 140.30