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Amanora, Pune
Joined May 2024
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Digitide Solutions Ltd released its Q2 FY27 investor presentation, highlighting key financial and operational updates. ๐Ÿ“Š ๐—™๐—ถ๐—ป๐—ฎ๐—ป๐—ฐ๐—ถ๐—ฎ๐—น ๐—›๐—ถ๐—ด๐—ต๐—น๐—ถ๐—ด๐—ต๐˜๐˜€ (๐—ค2 ๐—™๐—ฌ27): - ๐—ฅ๐—ฒ๐˜ƒ๐—ฒ๐—ป๐˜‚๐—ฒ: โ‚น759.6 Cr (down 2.0% QoQ & 0.6% YoY). The company noted a disciplined approach to deal selection & renegotiation of low-margin contracts. - ๐—˜๐—•๐—œ๐—ง๐——๐—”: โ‚น78.8 Cr, with a margin of 10.4% (up 45 bps QoQ). YoY decline attributed to wage revisions & provisions. - ๐—ฅ๐—ฒ๐—ฝ๐—ผ๐—ฟ๐˜๐—ฒ๐—ฑ ๐—ฃ๐—”๐—ง: โ‚น8.9 Cr, a significant increase of over 2x QoQ (up 223.8% YoY). ๐—š๐—ฟ๐—ผ๐˜„๐˜๐—ต ๐——๐—ฟ๐—ถ๐˜ƒ๐—ฒ๐—ฟ๐˜€: - ๐—ก๐—ฒ๐˜„ ๐—ฆ๐—ฎ๐—น๐—ฒ๐˜€ (๐—ง๐—–๐—ฉ): Surged 95% QoQ to โ‚น400 Cr. - ๐—”๐—œ-๐—น๐—ฒ๐—ฑ ๐—ฅ๐—ฒ๐˜ƒ๐—ฒ๐—ป๐˜‚๐—ฒ: More than doubled QoQ, up 103% to โ‚น30.5 Cr. - ๐—ง๐—ฒ๐—ฐ๐—ต & ๐——๐—ถ๐—ด๐—ถ๐˜๐—ฎ๐—น ๐—ฅ๐—ฒ๐˜ƒ๐—ฒ๐—ป๐˜‚๐—ฒ: Increased 6.6% YoY to โ‚น243.6 Cr. - ๐—œ๐—ป๐˜๐—ฒ๐—ฟ๐—ป๐—ฎ๐˜๐—ถ๐—ผ๐—ป๐—ฎ๐—น ๐—ฅ๐—ฒ๐˜ƒ๐—ฒ๐—ป๐˜‚๐—ฒ: Grew 13.5% YoY to โ‚น323 Cr. ๐—ฆ๐˜๐—ฟ๐—ฎ๐˜๐—ฒ๐—ด๐—ถ๐—ฐ ๐—™๐—ผ๐—ฐ๐˜‚๐˜€: - ๐—ข๐—ฝ๐—ฒ๐—ฟ๐—ฎ๐˜๐—ถ๐—ป๐—ด ๐— ๐—ผ๐—ฑ๐—ฒ๐—น: Live with 5 business units & 2 markets, focusing on AI at the core. - ๐—”๐—œ ๐—œ๐—ป๐˜๐—ฒ๐—ด๐—ฟ๐—ฎ๐˜๐—ถ๐—ผ๐—ป: AI is embedded across BPM services, platforms, & Data & Cloud professional services. - ๐—–๐—ผ๐˜€๐˜ ๐— ๐—ฎ๐—ป๐—ฎ๐—ด๐—ฒ๐—บ๐—ฒ๐—ป๐˜: Focus on right-sizing costs & portfolio for sustained margin expansion. - ๐—š๐—ง๐—  ๐—”๐—ฐ๐—ฐ๐—ฒ๐—น๐—ฒ๐—ฟ๐—ฎ๐˜๐—ถ๐—ผ๐—ป: Scaling Go-To-Market strategies with new leadership. ๐—ž๐—ฒ๐˜† ๐—ข๐—ฝ๐—ฒ๐—ฟ๐—ฎ๐˜๐—ถ๐—ผ๐—ป๐—ฎ๐—น ๐— ๐—ฒ๐˜๐—ฟ๐—ถ๐—ฐ๐˜€: - ๐—˜๐—บ๐—ฝ๐—น๐—ผ๐˜†๐—ฒ๐—ฒ ๐—–๐—ผ๐˜‚๐—ป๐˜: Reduced to ~50K. - ๐——๐—ฎ๐˜†๐˜€ ๐—ฆ๐—ฎ๐—น๐—ฒ๐˜€ ๐—ข๐˜‚๐˜๐˜€๐˜๐—ฎ๐—ป๐—ฑ๐—ถ๐—ป๐—ด (๐——๐—ฆ๐—ข): Increased to 84 days. - ๐—ฅ๐—ฒ๐˜ƒ๐—ฒ๐—ป๐˜‚๐—ฒ ๐— ๐—ถ๐˜…: Tech & Digital now represents 32.1% of revenue, & International business accounts for 42.5%. ๐Ÿ“Š DIGITIDE SOLUTIONS LTD | ๐Ÿท๏ธ Investor Presentation ๐ŸŒ Details: wegro.app/ME8KCE โšก๏ธInstant stock alerts on WhatsApp - Try FREE ๐Ÿ‘‰ wegro.app/go
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๐—›๐—ฎ๐—ฝ๐—ฝ๐—ถ๐—ฒ๐˜€๐˜ ๐— ๐—ถ๐—ป๐—ฑ๐˜€ ๐—ง๐—ฒ๐—ฐ๐—ต๐—ป๐—ผ๐—น๐—ผ๐—ด๐—ถ๐—ฒ๐˜€ ๐—Ÿ๐˜๐—ฑ. - ๐—ค2 ๐—™๐—ฌ27 ๐—œ๐—ป๐˜ƒ๐—ฒ๐˜€๐˜๐—ผ๐—ฟ ๐—ฃ๐—ฟ๐—ฒ๐˜€๐—ฒ๐—ป๐˜๐—ฎ๐˜๐—ถ๐—ผ๐—ป ๐—ฆ๐˜‚๐—บ๐—บ๐—ฎ๐—ฟ๐˜† ๐Ÿš€: Happiest Minds Technologies announced its Q2 FY27 financial results, showcasing a positive performance with significant year-on-year growth. The company is actively progressing with its proposed merger with ITC Infotech. ๐—™๐—ถ๐—ป๐—ฎ๐—ป๐—ฐ๐—ถ๐—ฎ๐—น ๐—›๐—ถ๐—ด๐—ต๐—น๐—ถ๐—ด๐—ต๐˜๐˜€ (๐—ค2 ๐—™๐—ฌ27): - ๐—ง๐—ผ๐˜๐—ฎ๐—น ๐—œ๐—ป๐—ฐ๐—ผ๐—บ๐—ฒ: Increased by 11.9% YoY to โ‚น66,599 Lakhs. - ๐—ฃ๐—ฟ๐—ผ๐—ณ๐—ถ๐˜ ๐—”๐—ณ๐˜๐—ฒ๐—ฟ ๐—ง๐—ฎ๐˜… (๐—ฃ๐—”๐—ง): Grew by 15.1% YoY to โ‚น6,219 Lakhs. - ๐—”๐—ฑ๐—ท๐˜‚๐˜€๐˜๐—ฒ๐—ฑ ๐—ฃ๐—”๐—ง: Showed a robust growth of 20.7% YoY, reaching โ‚น7,911 Lakhs. - ๐—ฅ๐—ฒ๐˜ƒ๐—ฒ๐—ป๐˜‚๐—ฒ ๐—š๐—ฟ๐—ผ๐˜„๐˜๐—ต: Total revenue saw a 12.5% YoY increase to โ‚น64,543 Lakhs. ๐—•๐˜‚๐˜€๐—ถ๐—ป๐—ฒ๐˜€๐˜€ ๐—ฃ๐—ฒ๐—ฟ๐—ณ๐—ผ๐—ฟ๐—บ๐—ฎ๐—ป๐—ฐ๐—ฒ & ๐—ฆ๐˜๐—ฟ๐—ฎ๐˜๐—ฒ๐—ด๐˜†: - ๐—ฆ๐—ฒ๐—ด๐—บ๐—ฒ๐—ป๐˜ ๐—š๐—ฟ๐—ผ๐˜„๐˜๐—ต: The company highlighted strong performance and growth in its Generative AI Business Services (GBS) and Product & Digital Engineering Services (PDES) segments. ๐Ÿค– - ๐—–๐—น๐—ถ๐—ฒ๐—ป๐˜ ๐—”๐—ฐ๐—พ๐˜‚๐—ถ๐˜€๐—ถ๐˜๐—ถ๐—ผ๐—ป: Secured new partnerships and engagements across various industries, including a global electronics distributor for Azure cloud engineering and a US healthcare TPA for data & analytics. - ๐— ๐—ฒ๐—ฟ๐—ด๐—ฒ๐—ฟ ๐—ฃ๐—ฟ๐—ผ๐—ด๐—ฟ๐—ฒ๐˜€๐˜€: The proposed merger with ITC Infotech is advancing, with several key approvals received and others under process, including stock exchange and SEBI review, and filing with NCLT. ๐—ž๐—ฒ๐˜† ๐—ข๐—ฝ๐—ฒ๐—ฟ๐—ฎ๐˜๐—ถ๐—ผ๐—ป๐—ฎ๐—น ๐— ๐—ฒ๐˜๐—ฟ๐—ถ๐—ฐ๐˜€: - ๐—˜๐—บ๐—ฝ๐—น๐—ผ๐˜†๐—ฒ๐—ฒ ๐—ฆ๐˜๐—ฟ๐—ฒ๐—ป๐—ด๐˜๐—ต: Total employees stood at 6,466. - ๐—จ๐˜๐—ถ๐—น๐—ถ๐˜‡๐—ฎ๐˜๐—ถ๐—ผ๐—ป ๐—ฅ๐—ฎ๐˜๐—ฒ: Employee utilization was strong at 81.8%. - ๐—”๐˜๐˜๐—ฟ๐—ถ๐˜๐—ถ๐—ผ๐—ป: Voluntary attrition rate was reported at 14.3%. The company continues to focus on AI-first strategies and digital engineering, positioning itself for future growth in the evolving tech landscape. The merger with ITC Infotech is expected to create a larger, more competitive entity targeting significant revenue milestones. ๐Ÿค ๐Ÿ“Š HAPPIEST MINDS TECHNOLOGIES LTD | ๐Ÿท๏ธ Investor Presentation ๐ŸŒ Details: wegro.app/KEhlpb โšก๏ธInstant stock alerts on WhatsApp - Try FREE ๐Ÿ‘‰ wegro.app/go
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๐—–๐—ถ๐—ป๐—ฒ๐—น๐—ถ๐—ป๐—ฒ ๐—œ๐—ป๐—ฑ๐—ถ๐—ฎ ๐—Ÿ๐˜๐—ฑ: ๐—ค2 & ๐—›1 ๐—™๐—ฌ27 ๐—™๐—ถ๐—ป๐—ฎ๐—ป๐—ฐ๐—ถ๐—ฎ๐—น & ๐—•๐˜‚๐˜€๐—ถ๐—ป๐—ฒ๐˜€๐˜€ ๐—ฃ๐—ฒ๐—ฟ๐—ณ๐—ผ๐—ฟ๐—บ๐—ฎ๐—ป๐—ฐ๐—ฒ ๐ŸŽฌ: Cineline India Limited announced its unaudited financial results for Q2 & H1 FY27, showcasing a strong performance driven by increased revenue and EBITDA. ๐—™๐—ถ๐—ป๐—ฎ๐—ป๐—ฐ๐—ถ๐—ฎ๐—น ๐—›๐—ถ๐—ด๐—ต๐—น๐—ถ๐—ด๐—ต๐˜๐˜€: - ๐—ค2 ๐—™๐—ฌ27 ๐—ฃ๐—ฒ๐—ฟ๐—ณ๐—ผ๐—ฟ๐—บ๐—ฎ๐—ป๐—ฐ๐—ฒ: โ–ธ Total Revenue: โ‚น7,170 lakh, a 12% YoY increase. โ–ธ EBIDTA: โ‚น1,160 lakh, up 11% YoY. โ–ธ EBITDA Margin: 16.2% (a slight decrease of 10 bps YoY). โ–ธ PAT: โ‚น463 lakh, a 17% YoY decrease. โ–ธ Cash PAT: โ‚น915 lakh, down 3% YoY. - ๐—›1 ๐—™๐—ฌ27 ๐—ฃ๐—ฒ๐—ฟ๐—ณ๐—ผ๐—ฟ๐—บ๐—ฎ๐—ป๐—ฐ๐—ฒ: โ–ธ Total Revenue: โ‚น13,173 lakh, a 19% YoY increase. โ–ธ EBIDTA: โ‚น1,765 lakh, up 32% YoY. โ–ธ EBITDA Margin: 13.4% (an increase of 130 bps YoY). โ–ธ PAT: โ‚น497 lakh, a 7% YoY decrease. โ–ธ Cash PAT: โ‚น1,392 lakh, up 7% YoY. ๐—ž๐—ฒ๐˜† ๐—ข๐—ฝ๐—ฒ๐—ฟ๐—ฎ๐˜๐—ถ๐—ป๐—ด ๐— ๐—ฒ๐˜๐—ฟ๐—ถ๐—ฐ๐˜€: - ๐—ค2 ๐—™๐—ฌ27: โ–ธ ATP (Average Ticket Price): โ‚น257 (+12% YoY) โ–ธ SPH (Spend Per Head): โ‚น109 (+15% YoY) โ–ธ Admits (Lakhs): 20.1 (+1% YoY) โ–ธ Net Box Office Collections: โ‚น4,478 lakh (+12% YoY) โ–ธ Net F&B Collections: โ‚น2,094 lakh (+16% YoY) - ๐—›1 ๐—™๐—ฌ27: โ–ธ ATP: โ‚น247 (+7% YoY) โ–ธ SPH: โ‚น109 (+9% YoY) โ–ธ Admits (Lakhs): 38.1 (+13% YoY) โ–ธ Net Box Office Collections: โ‚น8,093 lakh (+20% YoY) โ–ธ Net F&B Collections: โ‚น3,950 lakh (+22% YoY) ๐—ข๐—ฝ๐—ฒ๐—ฟ๐—ฎ๐˜๐—ถ๐—ผ๐—ป๐—ฎ๐—น ๐—ฆ๐—ป๐—ฎ๐—ฝ๐˜€๐—ต๐—ผ๐˜: - Operational Cinemas: 22 - Operational Screens: 86 - Cities Present In: 14 ๐—ฆ๐˜๐—ฟ๐—ฎ๐˜๐—ฒ๐—ด๐—ถ๐—ฐ ๐—š๐—ฟ๐—ผ๐˜„๐˜๐—ต ๐—ฃ๐—ฟ๐—ถ๐—ผ๐—ฟ๐—ถ๐˜๐—ถ๐—ฒ๐˜€: ๐Ÿš€ 1. ๐—˜๐˜…๐—ฝ๐—ฎ๐—ป๐˜€๐—ถ๐—ผ๐—ป ๐—ถ๐—ป ๐—ฆ๐—ผ๐˜‚๐˜๐—ต๐—ฒ๐—ฟ๐—ป ๐—ฅ๐—ฒ๐—ด๐—ถ๐—ผ๐—ป: Aiming to build a diversified national footprint by entering high-potential southern cities. 2. ๐—–๐—ผ๐—บ๐—ฝ๐—ฒ๐—น๐—น๐—ถ๐—ป๐—ด ๐—–๐—ถ๐—ป๐—ฒ๐—บ๐—ฎ ๐—ค๐˜‚๐—ฒ๐˜‚๐—ฒ: Expecting a broader slate of Hindi, Hollywood, and regional releases to sustain audience engagement. 3. ๐—”๐˜€๐˜€๐—ฒ๐˜-๐—Ÿ๐—ถ๐—ด๐—ต๐˜ ๐—ข&๐—  ๐— ๐—ผ๐—ฑ๐—ฒ๐—น: Accelerating growth through partnerships with developers for multiplex launches without significant capital investment. ๐—ก๐—ฒ๐˜„ ๐——๐—ฒ๐˜ƒ๐—ฒ๐—น๐—ผ๐—ฝ๐—บ๐—ฒ๐—ป๐˜๐˜€: - Launched MovieMax Multiplex at Metro World Mall, Gurugram, strengthening presence in the Delhi NCR region. - Planned addition of 25 screens during FY27, with 16 screens across 4 cinemas expected to become operational. Mr. Ashish Kanakia, CEO, highlighted the strong performance driven by popular movie releases and increased footfalls, expressing confidence in continued growth supported by a positive industry trajectory and strategic expansion plans. ๐ŸŒŸ ๐Ÿ“Š CINELINE INDIA LTD | ๐Ÿท๏ธ Press Release / Media Release ๐ŸŒ Details: wegro.app/dq1RlP โšก๏ธInstant stock alerts on WhatsApp - Try FREE ๐Ÿ‘‰ wegro.app/go
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Ganesh Consumer Products Ltd announced its Q2 FY27 financial results, highlighting a significant improvement in profitability despite a YoY decline in total income. ๐Ÿ“ˆ ๐—ž๐—ฒ๐˜† ๐—™๐—ถ๐—ป๐—ฎ๐—ป๐—ฐ๐—ถ๐—ฎ๐—น ๐—›๐—ถ๐—ด๐—ต๐—น๐—ถ๐—ด๐—ต๐˜๐˜€ (๐—ค2 ๐—™๐—ฌ27): - ๐—ง๐—ผ๐˜๐—ฎ๐—น ๐—œ๐—ป๐—ฐ๐—ผ๐—บ๐—ฒ: โ‚น228.5 Cr, a decrease of 4.8% YoY, but a 20.0% sequential increase from Q1 FY27. - ๐—˜๐—•๐—œ๐—ง๐——๐—”: โ‚น29.5 Cr, up 23.6% YoY. - ๐—˜๐—•๐—œ๐—ง๐——๐—” ๐— ๐—ฎ๐—ฟ๐—ด๐—ถ๐—ป: Improved by 302 bps YoY to 13.0% (vs 10.0% in Q2 FY26). - ๐—ฃ๐—ฟ๐—ผ๐—ณ๐—ถ๐˜ ๐—”๐—ณ๐˜๐—ฒ๐—ฟ ๐—ง๐—ฎ๐˜… (๐—ฃ๐—”๐—ง): โ‚น18.8 Cr, a substantial increase of 68.7% YoY. - ๐—ฃ๐—”๐—ง ๐— ๐—ฎ๐—ฟ๐—ด๐—ถ๐—ป: Rose to 8.2% from 4.6% in Q2 FY26. - ๐—•๐—ฎ๐˜€๐—ถ๐—ฐ/๐——๐—ถ๐—น๐˜‚๐˜๐—ฒ๐—ฑ ๐—˜๐—ฃ๐—ฆ: โ‚น4.70, up 55.0% YoY from โ‚น3.04. ๐—ฃ๐—ฒ๐—ฟ๐—ณ๐—ผ๐—ฟ๐—บ๐—ฎ๐—ป๐—ฐ๐—ฒ ๐——๐—ฟ๐—ถ๐˜ƒ๐—ฒ๐—ฟ๐˜€ & ๐—–๐—ผ๐—บ๐—บ๐—ฒ๐—ป๐˜๐—ฎ๐—ฟ๐˜†: - The YoY income decline was primarily due to a 2.5% drop in B2C revenue, concentrated in the Atta category, affected by state government policy changes impacting local millers. Packaged Atta category in West Bengal saw a 6.3% YoY decline as per NielsenIQ. - Excluding Atta, B2C revenue grew 4.9% YoY & 26.0% sequentially. B2B revenue declined 13.8% YoY. - The value-added portfolio, including Sattu & spices, demonstrated strong growth, supported by targeted marketing campaigns. Spices revenue saw significant margin improvement. - Profitability was boosted by a better product mix, optimized advertising spend, and lower finance costs due to deleveraging. ๐—ฆ๐˜๐—ฟ๐—ฎ๐˜๐—ฒ๐—ด๐—ถ๐—ฐ ๐— ๐—ผ๐˜ƒ๐—ฒ๐˜€ & ๐—ข๐˜‚๐˜๐—น๐—ผ๐—ผ๐—ธ: - ๐—œ๐—ป๐˜๐—ฒ๐—ฟ๐—ถ๐—บ ๐——๐—ถ๐˜ƒ๐—ถ๐—ฑ๐—ฒ๐—ป๐—ฑ: The Board declared an interim dividend of โ‚น3.7 per share. ๐Ÿ’ฐ - ๐— ๐—ฎ๐—ป๐˜‚๐—ณ๐—ฎ๐—ฐ๐˜๐˜‚๐—ฟ๐—ถ๐—ป๐—ด ๐—™๐—ผ๐—ผ๐˜๐—ฝ๐—ฟ๐—ถ๐—ป๐˜: The Hyderabad plant has been sold, with proceeds to be reinvested in eastern India. New plants are planned in other eastern states to enhance supply chain efficiencies. - ๐—ฃ๐—ฟ๐—ถ๐—ผ๐—ฟ๐—ถ๐˜๐—ถ๐—ฒ๐˜€: Strengthening core categories, scaling value-added products, and deepening presence in eastern India profitably remain key focus areas. ๐—›๐—ฎ๐—น๐—ณ-๐—ฌ๐—ฒ๐—ฎ๐—ฟ๐—น๐˜† ๐—ฃ๐—ฒ๐—ฟ๐—ณ๐—ผ๐—ฟ๐—บ๐—ฎ๐—ป๐—ฐ๐—ฒ (๐—›1 ๐—™๐—ฌ27): - Total Income: โ‚น418.8 Cr (down 5.7% YoY). - EBITDA: โ‚น50.6 Cr (up 11.9% YoY). - PAT: โ‚น31.3 Cr (up 51.5% YoY). - EPS: โ‚น7.84 (up 38.6% YoY). ๐˜•๐˜ฐ๐˜ต๐˜ฆ: ๐˜Œ๐˜‰๐˜๐˜›๐˜‹๐˜ˆ ๐˜ช๐˜ด ๐˜ค๐˜ข๐˜ญ๐˜ค๐˜ถ๐˜ญ๐˜ข๐˜ต๐˜ฆ๐˜ฅ ๐˜ข๐˜ด ๐˜ฑ๐˜ณ๐˜ฐ๐˜ง๐˜ช๐˜ต ๐˜ฃ๐˜ฆ๐˜ง๐˜ฐ๐˜ณ๐˜ฆ ๐˜ต๐˜ข๐˜น, ๐˜ฅ๐˜ฆ๐˜ฑ๐˜ณ๐˜ฆ๐˜ค๐˜ช๐˜ข๐˜ต๐˜ช๐˜ฐ๐˜ฏ, ๐˜ข๐˜ฎ๐˜ฐ๐˜ณ๐˜ต๐˜ช๐˜ป๐˜ข๐˜ต๐˜ช๐˜ฐ๐˜ฏ, ๐˜ข๐˜ฏ๐˜ฅ ๐˜ง๐˜ช๐˜ฏ๐˜ข๐˜ฏ๐˜ค๐˜ฆ ๐˜ค๐˜ฐ๐˜ด๐˜ต, ๐˜ญ๐˜ฆ๐˜ด๐˜ด ๐˜ฐ๐˜ต๐˜ฉ๐˜ฆ๐˜ณ ๐˜ช๐˜ฏ๐˜ค๐˜ฐ๐˜ฎ๐˜ฆ. ๐Ÿ“Š GANESH CONSUMER PRODUCTS LTD | ๐Ÿท๏ธ Press Release / Media Release ๐ŸŒ Details: wegro.app/kUaRv3 โšก๏ธInstant stock alerts on WhatsApp - Try FREE ๐Ÿ‘‰ wegro.app/go
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๐Ÿ“Š ๐—š๐—น๐—ผ๐—ฏ๐—ฎ๐—น ๐—–๐—ผ๐—บ๐—บ๐—ผ๐—ฑ๐—ถ๐˜๐—ถ๐—ฒ๐˜€ ๐—จ๐—ฝ๐—ฑ๐—ฎ๐˜๐—ฒ ๐ŸŒพ ๐—”๐—ด๐—ฟ๐—ถ๐—ฐ๐˜‚๐—น๐˜๐˜‚๐—ฟ๐—ฎ๐—น Commodities in focus: Soybeans, Sugar, Cheese, Oat, Palm Oil โšก๏ธInstant stock alerts on WhatsApp - Try FREE ๐Ÿ‘‰ wegro.app
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๐Ÿ“Š Vinati Organics Ltd | Broker Report | ๐˜‰๐˜œ๐˜  ๐˜Š๐˜ข๐˜ญ๐˜ญ ๐ŸŸข ๐Ÿข ๐˜‰๐˜ถ๐˜บ ๐˜๐˜ช๐˜ฏ๐˜ข๐˜ต๐˜ช ๐˜–๐˜ณ๐˜จ๐˜ข๐˜ฏ๐˜ช๐˜ค๐˜ด; ๐˜ต๐˜ข๐˜ณ๐˜จ๐˜ฆ๐˜ต ๐˜ฐ๐˜ง ๐˜™๐˜ด 1270: ๐˜”๐˜ฐ๐˜ต๐˜ช๐˜ญ๐˜ข๐˜ญ ๐˜–๐˜ด๐˜ธ๐˜ข๐˜ญ ๐Ÿ“ˆ ๐˜™๐˜ฆ๐˜ค๐˜ฐ๐˜ฎ๐˜ฎ๐˜ฆ๐˜ฏ๐˜ฅ๐˜ข๐˜ต๐˜ช๐˜ฐ๐˜ฏ: BUY ๐Ÿ›๏ธ ๐˜‰๐˜ณ๐˜ฐ๐˜ฌ๐˜ฆ๐˜ณ๐˜ข๐˜จ๐˜ฆ: Motilal Oswal Motilal Oswal reiterates its 'BUY' rating on Vinati Organics Ltd, setting a target price (TP) of โ‚น1,270, implying a 28% upside from the current market price. ๐—ž๐—ฒ๐˜† ๐—›๐—ถ๐—ด๐—ต๐—น๐—ถ๐—ด๐—ต๐˜๐˜€: - 2๐—ค๐—™๐—ฌ27 ๐—ฃ๐—ฒ๐—ฟ๐—ณ๐—ผ๐—ฟ๐—บ๐—ฎ๐—ป๐—ฐ๐—ฒ: The company reported a weak operating performance in 2QFY27, with EBITDA declining 25% YoY to โ‚น1.2b and EBITDA margin contracting to 18.5% from 30.4% in 2QFY26. This was primarily attributed to volatility in raw material prices. ๐Ÿ“‰ - ๐—ก๐—ฒ๐—ฎ๐—ฟ-๐—ง๐—ฒ๐—ฟ๐—บ ๐—ข๐˜‚๐˜๐—น๐—ผ๐—ผ๐—ธ: Margins are expected to remain under pressure in the near term due to ongoing raw material price volatility. - ๐—š๐—ฟ๐—ผ๐˜„๐˜๐—ต ๐——๐—ฟ๐—ถ๐˜ƒ๐—ฒ๐—ฟ๐˜€: Revenue growth is anticipated to be driven by the ATBS segment, supported by the ramp-up of Phase I capacity and the commissioning of Phase II expansion. Additionally, the BP (Butyl Phenol) and IBB (Isobutyl Benzene) segments are expected to see a gradual improvement in demand. ๐Ÿš€ - ๐—˜๐—ฎ๐—ฟ๐—ป๐—ถ๐—ป๐—ด๐˜€ ๐—ฅ๐—ฒ๐˜ƒ๐—ถ๐˜€๐—ถ๐—ผ๐—ป: Consequently, Motilal Oswal has cut its FY27 and FY28 earnings estimates by 14% and 7%, respectively. - ๐—ฉ๐—ฎ๐—น๐˜‚๐—ฎ๐˜๐—ถ๐—ผ๐—ป: The TP of โ‚น1,270 is derived by valuing Vinati Organics at 25x its FY28E EPS. ๐—™๐—ถ๐—ป๐—ฎ๐—ป๐—ฐ๐—ถ๐—ฎ๐—น ๐—ฆ๐—ป๐—ฎ๐—ฝ๐˜€๐—ต๐—ผ๐˜: - ๐—•๐—ฟ๐—ผ๐—ธ๐—ฒ๐—ฟ๐—ฎ๐—ด๐—ฒ ๐—™๐—ถ๐—ฟ๐—บ: Motilal Oswal - ๐—ฅ๐—ฒ๐—ฐ๐—ผ๐—บ๐—บ๐—ฒ๐—ป๐—ฑ๐—ฎ๐˜๐—ถ๐—ผ๐—ป: BUY - ๐—ง๐—ฎ๐—ฟ๐—ด๐—ฒ๐˜ ๐—ฃ๐—ฟ๐—ถ๐—ฐ๐—ฒ: โ‚น1,270 (+28% upside) - ๐—ฅ๐—ฎ๐˜๐—ถ๐—ผ๐—ป๐—ฎ๐—น๐—ฒ: Despite near-term margin pressure from raw material volatility, growth is expected from ATBS capacity expansion and recovery in BP/IBB segments. Earnings estimates revised downwards for FY27/FY28. - **Key Metrics (Estimates): โ–ธ FY28 Revenue:** โ‚น31.1b โ–ธ FY28 EBITDA:** โ‚น8.1b โ–ธ FY28 PAT:** โ‚น5.3b โ–ธ FY28 EPS:** โ‚น50.9 ๐Ÿ”— ๐˜™๐˜ฆ๐˜ข๐˜ฅ ๐˜๐˜ถ๐˜ญ๐˜ญ ๐˜™๐˜ฆ๐˜ฑ๐˜ฐ๐˜ณ๐˜ต: wegro.app/xMIxV5 โšก๏ธAI-driven watchlist alerts on WhatsApp - Try FREE ๐Ÿ‘‰ wegro.app/go #BrokerageReport
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๐Ÿ“บ The Stack Raises โ‚น21.5 Cr, Sachin Tendulkar Backs Hitwicket, MobiKwik Posts Record Q2 Profit In startup and business news, The Stack has raised โ‚น21.5 crore to expand its supplements portfolio. Cricket legend Sachin ... ๐Ÿ“Š ONE MOBIKWIK SYSTEMS LTD | ๐Ÿท๏ธ Video feed ๐Ÿ“น WATCH VIDEO: youtube.com/watch?v=n7XXheYdโ€ฆ โšก๏ธInstant stock alerts on WhatsApp - Try FREE ๐Ÿ‘‰ wegro.app/go
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๐Ÿ“Š MTAR Technologies Ltd | Broker Report | ๐˜‰๐˜œ๐˜  ๐˜Š๐˜ข๐˜ญ๐˜ญ ๐ŸŸข ๐Ÿข ๐˜‰๐˜ถ๐˜บ ๐˜”๐˜›๐˜ˆ๐˜™ ๐˜›๐˜ฆ๐˜ค๐˜ฉ๐˜ฏ๐˜ฐ๐˜ญ๐˜ฐ๐˜จ๐˜ช๐˜ฆ๐˜ด; ๐˜ต๐˜ข๐˜ณ๐˜จ๐˜ฆ๐˜ต ๐˜ฐ๐˜ง ๐˜™๐˜ด 9000: ๐˜”๐˜ฐ๐˜ต๐˜ช๐˜ญ๐˜ข๐˜ญ ๐˜–๐˜ด๐˜ธ๐˜ข๐˜ญ ๐Ÿ“ˆ ๐˜™๐˜ฆ๐˜ค๐˜ฐ๐˜ฎ๐˜ฎ๐˜ฆ๐˜ฏ๐˜ฅ๐˜ข๐˜ต๐˜ช๐˜ฐ๐˜ฏ: BUY ๐Ÿ›๏ธ ๐˜‰๐˜ณ๐˜ฐ๐˜ฌ๐˜ฆ๐˜ณ๐˜ข๐˜จ๐˜ฆ: Motilal Oswal ๐— ๐—ง๐—”๐—ฅ ๐—ง๐—ฒ๐—ฐ๐—ต๐—ป๐—ผ๐—น๐—ผ๐—ด๐—ถ๐—ฒ๐˜€ ๐—Ÿ๐˜๐—ฑ. - ๐—•๐—ฟ๐—ผ๐—ธ๐—ฒ๐—ฟ ๐—ฅ๐—ฒ๐—ฝ๐—ผ๐—ฟ๐˜ ๐—ฆ๐˜‚๐—บ๐—บ๐—ฎ๐—ฟ๐˜† ๐Ÿ“Š : ๐—•๐—ฟ๐—ผ๐—ธ๐—ฒ๐—ฟ๐—ฎ๐—ด๐—ฒ ๐—™๐—ถ๐—ฟ๐—บ: Motilal Oswal ๐—ฅ๐—ฒ๐—ฐ๐—ผ๐—บ๐—บ๐—ฒ๐—ป๐—ฑ๐—ฎ๐˜๐—ถ๐—ผ๐—ป: BUY ๐—ง๐—ฎ๐—ฟ๐—ด๐—ฒ๐˜ ๐—ฃ๐—ฟ๐—ถ๐—ฐ๐—ฒ (๐—ง๐—ฃ): โ‚น9,000 (+32% upside from CMP) ๐—ž๐—ฒ๐˜† ๐—›๐—ถ๐—ด๐—ต๐—น๐—ถ๐—ด๐—ต๐˜๐˜€: - ๐—ฅ๐—ผ๐—ฏ๐˜‚๐˜€๐˜ 2๐—ค๐—™๐—ฌ27 ๐—ฃ๐—ฒ๐—ฟ๐—ณ๐—ผ๐—ฟ๐—บ๐—ฎ๐—ป๐—ฐ๐—ฒ: MTAR Technologies delivered a strong 2QFY27 with revenue surging 2.9x YoY to โ‚น4.1b and EBITDA growing 5.8x YoY to โ‚น992m. This was primarily driven by significant growth in the fuel cell segment (2.4x YoY, 57% of revenue) and Aerospace & Defense (A&D) segment (2.2x YoY, 11% of revenue). - ๐—ฆ๐˜๐—ฟ๐—ผ๐—ป๐—ด ๐—ข๐—ฟ๐—ฑ๐—ฒ๐—ฟ ๐—•๐—ผ๐—ผ๐—ธ ๐—š๐—ฟ๐—ผ๐˜„๐˜๐—ต: The company's order book expanded by 4.6x YoY to โ‚น59.8b, with substantial inflows of ~โ‚น12.4b during the quarter. This healthy pipeline provides strong revenue visibility. - ๐—˜๐—ฎ๐—ฟ๐—ป๐—ถ๐—ป๐—ด๐˜€ ๐—จ๐—ฝ๐—ด๐—ฟ๐—ฎ๐—ฑ๐—ฒ: Factoring in the strong 1HFY27 results, Motilal Oswal has raised its FY27 and FY28 earnings estimates by 8% and 9% respectively. - ๐—š๐—ฟ๐—ผ๐˜„๐˜๐—ต ๐——๐—ฟ๐—ถ๐˜ƒ๐—ฒ๐—ฟ๐˜€: The brokerage firm is optimistic about MTAR Technologies' growth prospects, citing strong order book expansion across segments, ongoing fuel-cell capacity expansion, robust nuclear opportunities, expected doubling of aerospace revenue in FY27E, and growing contribution from Product Solutions & Data Center Infrastructure. ๐—ฅ๐—ฎ๐˜๐—ถ๐—ผ๐—ป๐—ฎ๐—น๐—ฒ & ๐—ข๐˜‚๐˜๐—น๐—ผ๐—ผ๐—ธ: - ๐—ฆ๐—ฒ๐—ด๐—บ๐—ฒ๐—ป๐˜๐—ฎ๐—น ๐—ฆ๐˜๐—ฟ๐—ฒ๐—ป๐—ด๐˜๐—ต: The company is well-positioned for growth across all its segments. The nuclear business is entering a strong growth phase, and the A&D segment is transitioning to volume-led growth. The fuel cell segment is seeing significant demand, supported by capacity expansions. - ๐—–๐—ฎ๐—ฝ๐—ฎ๐—ฐ๐—ถ๐˜๐˜† ๐—˜๐˜…๐—ฝ๐—ฎ๐—ป๐˜€๐—ถ๐—ผ๐—ป: MTAR Technologies is undertaking significant capacity additions, with Fuel Cell Phase-2 expansion expected by Nov'26 and Phase-3 by Mar'27. These expansions are crucial to meet the growing demand and execute the large order book. - ๐—ฉ๐—ฎ๐—น๐˜‚๐—ฎ๐˜๐—ถ๐—ผ๐—ป: The TP of โ‚น9,000 is based on 55x FY28E EPS, translating into a ~0.4x PEG ratio on the FY26-28E EPS CAGR, indicating attractive valuation for the projected growth. ๐—ž๐—ฒ๐˜† ๐— ๐—ฒ๐˜๐—ฟ๐—ถ๐—ฐ๐˜€: - ๐—™๐—ฌ27๐—˜ ๐—ฅ๐—ฒ๐˜ƒ๐—ฒ๐—ป๐˜‚๐—ฒ ๐—˜๐˜€๐˜๐—ถ๐—บ๐—ฎ๐˜๐—ฒ: โ‚น17.3b - ๐—™๐—ฌ28๐—˜ ๐—ฅ๐—ฒ๐˜ƒ๐—ฒ๐—ป๐˜‚๐—ฒ ๐—˜๐˜€๐˜๐—ถ๐—บ๐—ฎ๐˜๐—ฒ: โ‚น30.1b - ๐—™๐—ฌ27๐—˜ ๐—”๐—ฑ๐—ท. ๐—ฃ๐—”๐—ง ๐—˜๐˜€๐˜๐—ถ๐—บ๐—ฎ๐˜๐—ฒ: โ‚น2.7b - ๐—™๐—ฌ28๐—˜ ๐—”๐—ฑ๐—ท. ๐—ฃ๐—”๐—ง ๐—˜๐˜€๐˜๐—ถ๐—บ๐—ฎ๐˜๐—ฒ: โ‚น5.0b - ๐—ข๐—ฟ๐—ฑ๐—ฒ๐—ฟ ๐—•๐—ผ๐—ผ๐—ธ (๐—ฆ๐—ฒ๐—ฝ'26): โ‚น59.8b Motilal Oswal reiterates its BUY rating, expecting sustained growth and margin expansion driven by new product commercialization, client onboarding, and expansion into high-growth sectors. ๐Ÿš€ ๐Ÿ”— ๐˜™๐˜ฆ๐˜ข๐˜ฅ ๐˜๐˜ถ๐˜ญ๐˜ญ ๐˜™๐˜ฆ๐˜ฑ๐˜ฐ๐˜ณ๐˜ต: wegro.app/SN6YUB โšก๏ธAI-driven watchlist alerts on WhatsApp - Try FREE ๐Ÿ‘‰ wegro.app/go #BrokerageReport
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๐—–๐—ถ๐—ป๐—ฒ๐—น๐—ถ๐—ป๐—ฒ ๐—œ๐—ป๐—ฑ๐—ถ๐—ฎ ๐—Ÿ๐˜๐—ฑ: ๐—ค2 ๐—™๐—ฌ27 ๐—œ๐—ป๐˜ƒ๐—ฒ๐˜€๐˜๐—ผ๐—ฟ ๐—ฃ๐—ฟ๐—ฒ๐˜€๐—ฒ๐—ป๐˜๐—ฎ๐˜๐—ถ๐—ผ๐—ป ๐—›๐—ถ๐—ด๐—ต๐—น๐—ถ๐—ด๐—ต๐˜๐˜€ ๐Ÿ“ˆ: Cineline India Limited has released its investor presentation for Q2 FY27, detailing significant operational & financial performance, alongside strategic expansion plans. ๐—ž๐—ฒ๐˜† ๐—™๐—ถ๐—ป๐—ฎ๐—ป๐—ฐ๐—ถ๐—ฎ๐—น ๐—›๐—ถ๐—ด๐—ต๐—น๐—ถ๐—ด๐—ต๐˜๐˜€ (๐—ค2 ๐—™๐—ฌ27 ๐˜ƒ๐˜€. ๐—ค2 ๐—™๐—ฌ26): - ๐—ง๐—ผ๐˜๐—ฎ๐—น ๐—ฅ๐—ฒ๐˜ƒ๐—ฒ๐—ป๐˜‚๐—ฒ: โ‚น7,170 lakh, a 12% YoY increase. - ๐—ก๐—ฒ๐˜ ๐—•๐—ผ๐˜… ๐—ข๐—ณ๐—ณ๐—ถ๐—ฐ๐—ฒ ๐—–๐—ผ๐—น๐—น๐—ฒ๐—ฐ๐˜๐—ถ๐—ผ๐—ป (๐—ก๐—•๐—ข๐—–): โ‚น4,478 lakh, marking the highest-ever Q2 performance. - ๐—ก๐—ฒ๐˜ ๐—™&๐—• ๐—–๐—ผ๐—น๐—น๐—ฒ๐—ฐ๐˜๐—ถ๐—ผ๐—ป: โ‚น2,094 lakh, up 16% YoY. - ๐—˜๐—•๐—œ๐—ง๐——๐—”: โ‚น1,160 lakh, a substantial 36% YoY growth. - ๐—ฃ๐—”๐—ง (๐—ฃ๐—ฟ๐—ผ๐—ณ๐—ถ๐˜ ๐—”๐—ณ๐˜๐—ฒ๐—ฟ ๐—ง๐—ฎ๐˜…): โ‚น463 lakh, a 79% YoY increase. - ๐—”๐—ง๐—ฃ (๐—”๐˜ƒ๐—ฒ๐—ฟ๐—ฎ๐—ด๐—ฒ ๐—ง๐—ถ๐—ฐ๐—ธ๐—ฒ๐˜ ๐—ฃ๐—ฟ๐—ถ๐—ฐ๐—ฒ): โ‚น257, up 12% YoY. - ๐—ฆ๐—ฃ๐—› (๐—ฆ๐—ฝ๐—ฒ๐—ป๐—ฑ ๐—ฃ๐—ฒ๐—ฟ ๐—›๐—ฒ๐—ฎ๐—ฑ): โ‚น109, up 15% YoY. ๐—ž๐—ฒ๐˜† ๐—™๐—ถ๐—ป๐—ฎ๐—ป๐—ฐ๐—ถ๐—ฎ๐—น ๐—›๐—ถ๐—ด๐—ต๐—น๐—ถ๐—ด๐—ต๐˜๐˜€ (๐—›1 ๐—™๐—ฌ27 ๐˜ƒ๐˜€. ๐—›1 ๐—™๐—ฌ26): - ๐—ง๐—ผ๐˜๐—ฎ๐—น ๐—ฅ๐—ฒ๐˜ƒ๐—ฒ๐—ป๐˜‚๐—ฒ: โ‚น13,173 lakh, a 22% YoY increase. - ๐—˜๐—•๐—œ๐—ง๐——๐—”: โ‚น1,765 lakh, a 48% YoY growth. - ๐—ฃ๐—”๐—ง (๐—ฃ๐—ฟ๐—ผ๐—ณ๐—ถ๐˜ ๐—”๐—ณ๐˜๐—ฒ๐—ฟ ๐—ง๐—ฎ๐˜…): โ‚น497 lakh, a 204% YoY increase. ๐—ข๐—ฝ๐—ฒ๐—ฟ๐—ฎ๐˜๐—ถ๐—ผ๐—ป๐—ฎ๐—น ๐—”๐—ฐ๐—ต๐—ถ๐—ฒ๐˜ƒ๐—ฒ๐—บ๐—ฒ๐—ป๐˜๐˜€ & ๐—˜๐˜…๐—ฝ๐—ฎ๐—ป๐˜€๐—ถ๐—ผ๐—ป: - ๐—ก๐—ฒ๐˜„ ๐—–๐—ถ๐—ป๐—ฒ๐—บ๐—ฎ ๐—Ÿ๐—ฎ๐˜‚๐—ป๐—ฐ๐—ต: Opened a 3-screen multiplex at Metro World Mall, Gurugram (Delhi NCR). - ๐—ฆ๐—ฐ๐—ฟ๐—ฒ๐—ฒ๐—ป ๐—ฃ๐—ถ๐—ฝ๐—ฒ๐—น๐—ถ๐—ป๐—ฒ: 35 screens are in the committed pipeline across various locations like Agra, Belgaum, Bangalore, Hyderabad, Noida, & Chennai. - ๐—ฆ๐˜๐—ฟ๐—ฎ๐˜๐—ฒ๐—ด๐—ถ๐—ฐ ๐—ฃ๐—ฎ๐—ฟ๐˜๐—ป๐—ฒ๐—ฟ๐˜€๐—ต๐—ถ๐—ฝ: Signed a 3-year tie-up with BookMyShow & Paytm, receiving advance payments to support cash flow. - ๐—–๐—ถ๐—ป๐—ฒ๐—บ๐—ฎ ๐—™๐—ผ๐—ผ๐˜๐—ฝ๐—ฟ๐—ถ๐—ป๐˜: Currently operates 86 screens across 22 cinemas in 14 cities, spanning 6 states & 1 Union Territory. - ๐—˜๐˜…๐—ฝ๐—ฎ๐—ป๐˜€๐—ถ๐—ผ๐—ป ๐—™๐—ผ๐—ฐ๐˜‚๐˜€: Accelerating expansion in Southern markets & deepening presence in North India. ๐—œ๐—ป๐—ฑ๐˜‚๐˜€๐˜๐—ฟ๐˜† ๐—–๐—ผ๐—ป๐˜๐—ฒ๐˜…๐˜: - ๐—œ๐—ป๐—ฑ๐—ถ๐—ฎ ๐—•๐—ผ๐˜… ๐—ข๐—ณ๐—ณ๐—ถ๐—ฐ๐—ฒ: Q2 FY27 saw โ‚น4,494 Cr in collections, with August being the best month of 2026. Jan-Sep 2026 reached โ‚น11,000 Cr, 17% higher YoY. - ๐—™๐—ถ๐—น๐—บ ๐—ฃ๐—ฒ๐—ฟ๐—ณ๐—ผ๐—ฟ๐—บ๐—ฎ๐—ป๐—ฐ๐—ฒ: "Spider-Man: Brand New Day" was a major contributor, grossing โ‚น1,016 lakh for Cineline in Q2 & H1 FY27. Cineline India Ltd is demonstrating strong growth driven by robust box office performance, effective F&B sales, & strategic expansion of its cinema network. ๐Ÿš€ ๐Ÿ“Š CINELINE INDIA LTD | ๐Ÿท๏ธ Investor Presentation ๐ŸŒ Details: wegro.app/regFQW โšก๏ธInstant stock alerts on WhatsApp - Try FREE ๐Ÿ‘‰ wegro.app/go
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๐Ÿ“Š Jio Platforms Ltd | Broker Report | ๐˜‰๐˜œ๐˜  ๐˜Š๐˜ข๐˜ญ๐˜ญ ๐ŸŸข ๐Ÿข ๐˜‰๐˜ถ๐˜บ ๐˜‘๐˜ช๐˜ฐ ๐˜—๐˜ญ๐˜ข๐˜ต๐˜ง๐˜ฐ๐˜ณ๐˜ฎ๐˜ด; ๐˜ต๐˜ข๐˜ณ๐˜จ๐˜ฆ๐˜ต ๐˜ฐ๐˜ง ๐˜™๐˜ด 1515: ๐˜”๐˜ฐ๐˜ต๐˜ช๐˜ญ๐˜ข๐˜ญ ๐˜–๐˜ด๐˜ธ๐˜ข๐˜ญ ๐Ÿ“ˆ ๐˜™๐˜ฆ๐˜ค๐˜ฐ๐˜ฎ๐˜ฎ๐˜ฆ๐˜ฏ๐˜ฅ๐˜ข๐˜ต๐˜ช๐˜ฐ๐˜ฏ: BUY ๐Ÿ›๏ธ ๐˜‰๐˜ณ๐˜ฐ๐˜ฌ๐˜ฆ๐˜ณ๐˜ข๐˜จ๐˜ฆ: Motilal Oswal ๐—๐—ถ๐—ผ ๐—ฃ๐—น๐—ฎ๐˜๐—ณ๐—ผ๐—ฟ๐—บ๐˜€ ๐—Ÿ๐˜๐—ฑ. (๐—๐—ฃ๐—Ÿ) - ๐—•๐—ฟ๐—ผ๐—ธ๐—ฒ๐—ฟ ๐—ฅ๐—ฒ๐—ฝ๐—ผ๐—ฟ๐˜ ๐—ฆ๐˜‚๐—บ๐—บ๐—ฎ๐—ฟ๐˜† ๐Ÿ“Š : ๐—•๐—ฟ๐—ผ๐—ธ๐—ฒ๐—ฟ๐—ฎ๐—ด๐—ฒ ๐—™๐—ถ๐—ฟ๐—บ: Motilal Oswal ๐—ฅ๐—ฒ๐—ฐ๐—ผ๐—บ๐—บ๐—ฒ๐—ป๐—ฑ๐—ฎ๐˜๐—ถ๐—ผ๐—ป: BUY ๐—ง๐—ฎ๐—ฟ๐—ด๐—ฒ๐˜ ๐—ฃ๐—ฟ๐—ถ๐—ฐ๐—ฒ: โ‚น1,515 (+6% upside) ๐—ž๐—ฒ๐˜† ๐—›๐—ถ๐—ด๐—ต๐—น๐—ถ๐—ด๐—ต๐˜๐˜€ (2๐—ค๐—™๐—ฌ27): - ๐—œ๐—ป-๐—น๐—ถ๐—ป๐—ฒ ๐—ฃ๐—ฒ๐—ฟ๐—ณ๐—ผ๐—ฟ๐—บ๐—ฎ๐—ป๐—ฐ๐—ฒ: JPL reported 2QFY27 revenue growth of ~3% QoQ & ~11% YoY, driven by a ~1.5% QoQ ARPU uptick & ~9m subscriber net adds. Digital services also saw robust growth (+4% QoQ, +16% YoY). - ๐—ฆ๐˜๐—ฟ๐—ผ๐—ป๐—ด ๐— ๐—ฎ๐—ฟ๐—ด๐—ถ๐—ป ๐——๐—ฒ๐—น๐—ถ๐˜ƒ๐—ฒ๐—ฟ๐˜†: EBITDA grew ~5% QoQ (+15.5% YoY), surpassing estimates due to exceptional incremental margins of ~88% in RJio (vs. est. ~57-72%). Digital services EBITDA also surged (+8% QoQ, +48% YoY). - ๐—™๐—–๐—™ ๐—œ๐—ป๐—ณ๐—น๐—ฒ๐—ฐ๐˜๐—ถ๐—ผ๐—ป & ๐——๐—ฒ๐—น๐—ฒ๐˜ƒ๐—ฒ๐—ฟ๐—ฎ๐—ด๐—ถ๐—ป๐—ด: Consolidated cash capex significantly moderated in 1HFY27, leading to a sharp inflection in Free Cash Flow (FCF) generation to โ‚น189b (vs. โ‚น61b YoY). This resulted in a decline in effective net debt by ~โ‚น207b YoY to โ‚น1.38t. - ๐—ฅ๐—ฒ๐˜ƒ๐—ถ๐˜€๐—ฒ๐—ฑ ๐—˜๐˜€๐˜๐—ถ๐—บ๐—ฎ๐˜๐—ฒ๐˜€: Motilal Oswal raised FY27-29E reported EBITDA by 2-5% for RJio standalone & 3-5% for JPL consolidated, driven by higher incremental margins. PAT estimates were also increased by ~7-11%. - ๐—™๐˜‚๐˜๐˜‚๐—ฟ๐—ฒ ๐—ข๐˜‚๐˜๐—น๐—ผ๐—ผ๐—ธ: The firm expects RJio's capex to remain range-bound, enabling JPL to generate cumulative FCF of โ‚น1.68t over FY27-29 & achieve net cash status by FY29. ๐Ÿš€ ๐—ฅ๐—ฎ๐˜๐—ถ๐—ผ๐—ป๐—ฎ๐—น๐—ฒ ๐—ณ๐—ผ๐—ฟ ๐—•๐—จ๐—ฌ & ๐—ง๐—ฃ: - The BUY rating is reiterated with a revised TP of โ‚น1,515, based on DCF-backed ~12.2x FY29 reported EBITDA. - Key drivers include higher incremental EBITDA margins & a faster-than-expected inflection in FCF. - Structurally positive on the Indian telecom sector, anticipating a ~15% smartphone tariff hike soon. - JPL is well-positioned to extend market leadership in Wireless & Home Broadband, with significant growth potential from its digital offerings & potential international partnerships. ๐ŸŒ ๐—ก๐—ฒ๐—ฎ๐—ฟ-๐˜๐—ฒ๐—ฟ๐—บ ๐—ฉ๐—ผ๐—น๐—ฎ๐˜๐—ถ๐—น๐—ถ๐˜๐˜†: Acknowledged potential near-term stock price volatility due to limited free float (<3%). ๐—ž๐—ฒ๐˜† ๐— ๐—ฒ๐˜๐—ฟ๐—ถ๐—ฐ๐˜€ (๐—ฅ๐—๐—ถ๐—ผ ๐—ฆ๐˜๐—ฎ๐—ป๐—ฑ๐—ฎ๐—น๐—ผ๐—ป๐—ฒ): - ๐—ฅ๐—ฒ๐˜ƒ๐—ฒ๐—ป๐˜‚๐—ฒ: โ‚น353b (+3.2% QoQ, +10.8% YoY) - ๐—”๐—ฅ๐—ฃ๐—จ: โ‚น219 (+1.5% QoQ) - ๐—˜๐—•๐—œ๐—ง๐——๐—”: โ‚น197b (+5% QoQ, +14% YoY) - ๐—œ๐—ป๐—ฐ๐—ฟ๐—ฒ๐—บ๐—ฒ๐—ป๐˜๐—ฎ๐—น ๐—˜๐—•๐—œ๐—ง๐——๐—” ๐— ๐—ฎ๐—ฟ๐—ด๐—ถ๐—ป: ~88% - ๐—ฆ๐˜‚๐—ฏ๐˜€๐—ฐ๐—ฟ๐—ถ๐—ฏ๐—ฒ๐—ฟ๐˜€: 542.4m (+9.1m net adds QoQ) - 5๐—š ๐—จ๐˜€๐—ฒ๐—ฟ๐˜€: ~300m - ๐—›๐—ผ๐—บ๐—ฒ ๐—•๐—ฟ๐—ผ๐—ฎ๐—ฑ๐—ฏ๐—ฎ๐—ป๐—ฑ: ~30m subscribers (Jio AirFiber ~15.1m) ๐—ž๐—ฒ๐˜† ๐— ๐—ฒ๐˜๐—ฟ๐—ถ๐—ฐ๐˜€ (๐—๐—ฃ๐—Ÿ ๐—–๐—ผ๐—ป๐˜€๐—ผ๐—น๐—ถ๐—ฑ๐—ฎ๐˜๐—ฒ๐—ฑ ๐—˜๐˜…-๐—ฅ๐—๐—œ๐—Ÿ): - ๐—ฅ๐—ฒ๐˜ƒ๐—ฒ๐—ป๐˜‚๐—ฒ: โ‚น405b (+3.3% QoQ, +11.4% YoY) - ๐—˜๐—•๐—œ๐—ง๐——๐—”: โ‚น209b (+5% QoQ, +15.5% YoY) - ๐—ก๐—ผ๐—ป-๐—บ๐—ผ๐—ฏ๐—ถ๐—น๐—ถ๐˜๐˜† ๐—ฅ๐—ฒ๐˜ƒ๐—ฒ๐—ป๐˜‚๐—ฒ: โ‚น52b (+4% QoQ, +16% YoY) - ๐—ก๐—ผ๐—ป-๐—บ๐—ผ๐—ฏ๐—ถ๐—น๐—ถ๐˜๐˜† ๐—˜๐—•๐—œ๐—ง๐——๐—”: โ‚น12.3b (+8% QoQ, +48% YoY) ๐—™๐—ถ๐—ป๐—ฎ๐—ป๐—ฐ๐—ถ๐—ฎ๐—น๐˜€: - 1๐—›๐—™๐—ฌ27 ๐—–๐—ฎ๐˜€๐—ต ๐—–๐—ฎ๐—ฝ๐—ฒ๐˜…: โ‚น106b (vs. โ‚น207b YoY) - 1๐—›๐—™๐—ฌ27 ๐—™๐—–๐—™: โ‚น189b (vs. โ‚น61b YoY) - ๐—˜๐—ณ๐—ณ๐—ฒ๐—ฐ๐˜๐—ถ๐˜ƒ๐—ฒ ๐—ก๐—ฒ๐˜ ๐——๐—ฒ๐—ฏ๐˜: โ‚น1.38t (down โ‚น207b YoY) ๐—š๐—ฟ๐—ผ๐˜„๐˜๐—ต ๐—ฃ๐—ถ๐—น๐—น๐—ฎ๐—ฟ๐˜€: - Proprietary Technology ๐Ÿ› ๏ธ - Gateway to Digital India ๐Ÿ“ฒ - Enterprise Solutions ๐Ÿข - International Opportunities ๐ŸŒ ๐Ÿ”— ๐˜™๐˜ฆ๐˜ข๐˜ฅ ๐˜๐˜ถ๐˜ญ๐˜ญ ๐˜™๐˜ฆ๐˜ฑ๐˜ฐ๐˜ณ๐˜ต: wegro.app/QbCcGc โšก๏ธAI-driven watchlist alerts on WhatsApp - Try FREE ๐Ÿ‘‰ wegro.app/go #BrokerageReport
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๐Ÿ“Š Shaily Engineering Plastics Ltd | Broker Report | ๐˜‰๐˜œ๐˜  ๐˜Š๐˜ข๐˜ญ๐˜ญ ๐ŸŸข ๐Ÿข ๐˜‰๐˜ถ๐˜บ ๐˜š๐˜ฉ๐˜ข๐˜ช๐˜ญ๐˜บ ๐˜Œ๐˜ฏ๐˜จ๐˜ช๐˜ฏ๐˜ฆ๐˜ฆ๐˜ณ๐˜ช๐˜ฏ๐˜จ; ๐˜ต๐˜ข๐˜ณ๐˜จ๐˜ฆ๐˜ต ๐˜ฐ๐˜ง ๐˜™๐˜ด 4074: ๐˜”๐˜ฐ๐˜ต๐˜ช๐˜ญ๐˜ข๐˜ญ ๐˜–๐˜ด๐˜ธ๐˜ข๐˜ญ ๐Ÿ“ˆ ๐˜™๐˜ฆ๐˜ค๐˜ฐ๐˜ฎ๐˜ฎ๐˜ฆ๐˜ฏ๐˜ฅ๐˜ข๐˜ต๐˜ช๐˜ฐ๐˜ฏ: BUY ๐Ÿ›๏ธ ๐˜‰๐˜ณ๐˜ฐ๐˜ฌ๐˜ฆ๐˜ณ๐˜ข๐˜จ๐˜ฆ: Motilal Oswal ๐—ฆ๐—ต๐—ฎ๐—ถ๐—น๐˜† ๐—˜๐—ป๐—ด๐—ถ๐—ป๐—ฒ๐—ฒ๐—ฟ๐—ถ๐—ป๐—ด: ๐—•๐—จ๐—ฌ ๐—ฅ๐—ฒ๐—ถ๐˜๐—ฒ๐—ฟ๐—ฎ๐˜๐—ฒ๐—ฑ ๐˜„๐—ถ๐˜๐—ต โ‚น4,074 ๐—ง๐—ฎ๐—ฟ๐—ด๐—ฒ๐˜ ๐—ฃ๐—ฟ๐—ถ๐—ฐ๐—ฒ ๐Ÿ“ˆ Motilal Oswal has reiterated its ๐—•๐—จ๐—ฌ rating on Shaily Engineering Plastics Ltd, setting a target price of โ‚น4,074, indicating a potential upside of 29%. The brokerage highlights a robust outlook driven primarily by the company's healthcare segment. ๐—ž๐—ฒ๐˜† ๐—™๐—ถ๐—ป๐—ฎ๐—ป๐—ฐ๐—ถ๐—ฎ๐—น ๐—›๐—ถ๐—ด๐—ต๐—น๐—ถ๐—ด๐—ต๐˜๐˜€ & ๐—ฃ๐—ฒ๐—ฟ๐—ณ๐—ผ๐—ฟ๐—บ๐—ฎ๐—ป๐—ฐ๐—ฒ (2๐—ค๐—™๐—ฌ27): - ๐—ฅ๐—ฒ๐˜ƒ๐—ฒ๐—ป๐˜‚๐—ฒ ๐—š๐—ฟ๐—ผ๐˜„๐˜๐—ต: Overall revenue grew 24% YoY. The star performer was the ๐—›๐—ฒ๐—ฎ๐—น๐˜๐—ต๐—ฐ๐—ฎ๐—ฟ๐—ฒ ๐˜€๐—ฒ๐—ด๐—บ๐—ฒ๐—ป๐˜, which surged 78% ๐—ฌ๐—ผ๐—ฌ, contributing 55% to the total revenue mix. This growth is attributed to increasing traction in GLP-1 pen volumes following patent expiries. - ๐—ฆ๐—ฒ๐—ด๐—บ๐—ฒ๐—ป๐˜ ๐—ฃ๐—ฒ๐—ฟ๐—ณ๐—ผ๐—ฟ๐—บ๐—ฎ๐—ป๐—ฐ๐—ฒ: โ–ธ Healthcare: Revenue up 78% YoY, driven by GLP-1 pen volume. โ–ธ Consumer: Revenue declined 14% YoY due to weak consumer sentiment in the US & Europe. โ–ธ Industrial: Revenue grew 23% YoY. - ๐—ฃ๐—ฟ๐—ผ๐—ณ๐—ถ๐˜๐—ฎ๐—ฏ๐—ถ๐—น๐—ถ๐˜๐˜†: EBITDA margins expanded by 81 basis points YoY to 30.4%, driven by a higher revenue mix from the high-margin healthcare segment. Adjusted PAT grew 37.5% YoY. - ๐——๐—ผ๐—บ๐—ฒ๐˜€๐˜๐—ถ๐—ฐ ๐—š๐—ฟ๐—ผ๐˜„๐˜๐—ต: Domestic revenue surged 33% YoY, boosted by expanding GLP-1 pen volume supply. ๐— ๐—ฎ๐—ป๐—ฎ๐—ด๐—ฒ๐—บ๐—ฒ๐—ป๐˜ ๐—–๐—ผ๐—บ๐—บ๐—ฒ๐—ป๐˜๐—ฎ๐—ฟ๐˜† & ๐—™๐˜‚๐˜๐˜‚๐—ฟ๐—ฒ ๐—ข๐˜‚๐˜๐—น๐—ผ๐—ผ๐—ธ: - ๐—›๐—ฒ๐—ฎ๐—น๐˜๐—ต๐—ฐ๐—ฎ๐—ฟ๐—ฒ ๐—˜๐˜…๐—ฝ๐—ฎ๐—ป๐˜€๐—ถ๐—ผ๐—ป: Shaily Engineering is on track to surpass its FY27 guidance of 36 million pens, with ~20 million pens already sold in 1HFY27. The company aims to replicate its 100% share in the Canadian GLP-1 market in Turkey and Brazil. New pen capacity of 25 million units will be operational from Dec'26. They have also signed new contracts for IP-led platforms for Semaglutide pens and launched the Shaily AI Toby auto-injector pen. ๐Ÿ–Š๏ธ - ๐—ก๐—ฒ๐˜„ ๐—ฆ๐—ฒ๐—ด๐—บ๐—ฒ๐—ป๐˜๐˜€: Consumer electronics and semiconductor segments are expected to contribute from 4QFY27 onwards with better margins than consumer and industrial segments. - ๐—™๐—ถ๐—ป๐—ฎ๐—ป๐—ฐ๐—ถ๐—ฎ๐—น ๐—ฃ๐—ฟ๐—ผ๐—ท๐—ฒ๐—ฐ๐˜๐—ถ๐—ผ๐—ป๐˜€: Motilal Oswal expects a CAGR of 33%/44%/48% in revenue/EBITDA/PAT over FY26-28, with EBITDA margins projected to remain above 32% in FY28. Robust RoE (~29%) and RoCE (~39%) are anticipated. ๐—ฅ๐—ฒ๐—ฐ๐—ผ๐—บ๐—บ๐—ฒ๐—ป๐—ฑ๐—ฎ๐˜๐—ถ๐—ผ๐—ป: The brokerage reiterates its ๐—•๐—จ๐—ฌ rating, confident in the company's ability to capitalize on the growing GLP-1 pen market and expand its offerings across various segments. The target price of โ‚น4,074 is based on 50x FY28E EPS. ๐Ÿ”— ๐˜™๐˜ฆ๐˜ข๐˜ฅ ๐˜๐˜ถ๐˜ญ๐˜ญ ๐˜™๐˜ฆ๐˜ฑ๐˜ฐ๐˜ณ๐˜ต: wegro.app/69nFAA โšก๏ธAI-driven watchlist alerts on WhatsApp - Try FREE ๐Ÿ‘‰ wegro.app/go #BrokerageReport
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๐Ÿ“Š ๐—š๐—น๐—ผ๐—ฏ๐—ฎ๐—น ๐—–๐—ผ๐—บ๐—บ๐—ผ๐—ฑ๐—ถ๐˜๐—ถ๐—ฒ๐˜€ ๐—จ๐—ฝ๐—ฑ๐—ฎ๐˜๐—ฒ ๐Ÿ›ข๏ธ ๐—˜๐—ป๐—ฒ๐—ฟ๐—ด๐˜† Commodities in focus: German Gas, Heating Oil, Coking Coal, LNG JKM, Urals Oil โšก๏ธInstant stock alerts on WhatsApp - Try FREE ๐Ÿ‘‰ wegro.app
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๐Ÿ“บ Festive Season เคธเฅ‡ เคชเคนเคฒเฅ‡ UPI เค•เคพ เคงเคฎเคพเค•เคพ! October เคฎเฅ‡เค‚ Digital Payments เคจเฅ‡ เคฌเคจเคพเคฏเคพ เคจเคฏเคพ Record เคคเฅเคฏเฅ‹เคนเคพเคฐเฅ€ เคธเฅ€เคœเคจ เคธเฅ‡ เคชเคนเคฒเฅ‡ เคœเคฎเค•เคฐ UPI UPI เคชเฅ‡เคฎเฅ‡เค‚เคŸเฅเคธ เคจเฅ‡ เคคเฅ‹เคกเคผเฅ‡ เคธเคพเคฐเฅ‡ เคฐเคฟเค•เฅ‰เคฐเฅเคก ... ๐Ÿ“Š LUPIN LTD | ๐Ÿท๏ธ Video feed ๐Ÿ“น WATCH VIDEO: youtube.com/watch?v=qHdqQismโ€ฆ โšก๏ธInstant stock alerts on WhatsApp - Try FREE ๐Ÿ‘‰ wegro.app/go
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๐Ÿ“Š Indostar Capital Finance Ltd | Broker Report | ๐˜‰๐˜œ๐˜  ๐˜Š๐˜ข๐˜ญ๐˜ญ ๐ŸŸข ๐Ÿข ๐˜‰๐˜ถ๐˜บ ๐˜๐˜ฏ๐˜ฅ๐˜ฐ๐˜ด๐˜ต๐˜ข๐˜ณ ๐˜Š๐˜ข๐˜ฑ๐˜ช๐˜ต๐˜ข๐˜ญ ๐˜๐˜ช๐˜ฏ๐˜ข๐˜ฏ๐˜ค๐˜ฆ; ๐˜ต๐˜ข๐˜ณ๐˜จ๐˜ฆ๐˜ต ๐˜ฐ๐˜ง ๐˜™๐˜ด 240: ๐˜”๐˜ฐ๐˜ต๐˜ช๐˜ญ๐˜ข๐˜ญ ๐˜–๐˜ด๐˜ธ๐˜ข๐˜ญ ๐Ÿ“ˆ ๐˜™๐˜ฆ๐˜ค๐˜ฐ๐˜ฎ๐˜ฎ๐˜ฆ๐˜ฏ๐˜ฅ๐˜ข๐˜ต๐˜ช๐˜ฐ๐˜ฏ: BUY ๐Ÿ›๏ธ ๐˜‰๐˜ณ๐˜ฐ๐˜ฌ๐˜ฆ๐˜ณ๐˜ข๐˜จ๐˜ฆ: Motilal Oswal ๐—œ๐—ป๐—ฑ๐—ผ๐˜€๐˜๐—ฎ๐—ฟ ๐—–๐—ฎ๐—ฝ๐—ถ๐˜๐—ฎ๐—น ๐—™๐—ถ๐—ป๐—ฎ๐—ป๐—ฐ๐—ฒ: ๐— ๐—ผ๐˜๐—ถ๐—น๐—ฎ๐—น ๐—ข๐˜€๐˜„๐—ฎ๐—น ๐—ฅ๐—ฒ๐—ถ๐˜๐—ฒ๐—ฟ๐—ฎ๐˜๐—ฒ๐˜€ ๐—•๐—จ๐—ฌ ๐˜„๐—ถ๐˜๐—ต โ‚น240 ๐—ง๐—ฃ ๐Ÿš€: Motilal Oswal has reiterated its ๐—•๐—จ๐—ฌ recommendation for Indostar Capital Finance, setting a ๐—ง๐—ฎ๐—ฟ๐—ด๐—ฒ๐˜ ๐—ฃ๐—ฟ๐—ถ๐—ฐ๐—ฒ (๐—ง๐—ฃ) ๐—ผ๐—ณ โ‚น240, implying a significant ๐˜‚๐—ฝ๐˜€๐—ถ๐—ฑ๐—ฒ ๐—ผ๐—ณ 32%. The brokerage firm believes the company is entering a growth phase, anticipating a gradual improvement in its profitability. ๐—ž๐—ฒ๐˜† ๐—š๐—ฟ๐—ผ๐˜„๐˜๐—ต ๐——๐—ฟ๐—ถ๐˜ƒ๐—ฒ๐—ฟ๐˜€ & ๐—™๐—ถ๐—ป๐—ฎ๐—ป๐—ฐ๐—ถ๐—ฎ๐—น ๐—ข๐˜‚๐˜๐—น๐—ผ๐—ผ๐—ธ: - ๐—Ÿ๐—ฒ๐—ด๐—ฎ๐—ฐ๐˜† ๐—•๐—ผ๐—ผ๐—ธ ๐—ฅ๐˜‚๐—ป-๐—ฑ๐—ผ๐˜„๐—ป: The gradual winding down of the legacy portfolio is expected to drive credit cost improvements. - ๐——๐—ถ๐˜€๐—ฏ๐˜‚๐—ฟ๐˜€๐—ฒ๐—บ๐—ฒ๐—ป๐˜ ๐—š๐—ฟ๐—ผ๐˜„๐˜๐—ต: Indostar Capital Finance is targeting approximately 35% ๐—ฑ๐—ถ๐˜€๐—ฏ๐˜‚๐—ฟ๐˜€๐—ฒ๐—บ๐—ฒ๐—ป๐˜ ๐—ด๐—ฟ๐—ผ๐˜„๐˜๐—ต over the next three years, fueled by deeper market penetration, geographic expansion, and a strengthened distribution network. - ๐— ๐—ถ๐—ฐ๐—ฟ๐—ผ-๐—Ÿ๐—”๐—ฃ ๐—ง๐—ฟ๐—ฎ๐—ฐ๐˜๐—ถ๐—ผ๐—ป: The Micro-LAP segment is showing strong momentum, expected to contribute 10-15% ๐˜๐—ผ ๐—ผ๐˜ƒ๐—ฒ๐—ฟ๐—ฎ๐—น๐—น ๐—”๐—จ๐—  in the next three years, aiding portfolio diversification. - ๐—ฃ๐—ฟ๐—ผ๐—ณ๐—ถ๐˜๐—ฎ๐—ฏ๐—ถ๐—น๐—ถ๐˜๐˜† ๐—œ๐—บ๐—ฝ๐—ฟ๐—ผ๐˜ƒ๐—ฒ๐—บ๐—ฒ๐—ป๐˜: Management targets ~2% ๐—ฅ๐—ผ๐—” ๐—ฏ๐˜† 2๐—›๐—™๐—ฌ28 and a PAT of โ‚น4.5-5b in FY29. - ๐— ๐—ฎ๐—ฟ๐—ด๐—ถ๐—ป ๐—˜๐˜…๐—ฝ๐—ฎ๐—ป๐˜€๐—ถ๐—ผ๐—ป: Maturing debt being refinanced with lower-cost borrowings is expected to support margin expansion. NIMs are projected at 10% for FY27E and 9.6% for FY28E. ๐—”๐˜€๐˜€๐—ฒ๐˜ ๐—ค๐˜‚๐—ฎ๐—น๐—ถ๐˜๐˜† & ๐—ข๐—ฝ๐—ฒ๐—ฟ๐—ฎ๐˜๐—ถ๐—ผ๐—ป๐—ฎ๐—น ๐—˜๐—ณ๐—ณ๐—ถ๐—ฐ๐—ถ๐—ฒ๐—ป๐—ฐ๐˜†: - ๐—œ๐—บ๐—ฝ๐—ฟ๐—ผ๐˜ƒ๐—ถ๐—ป๐—ด ๐—”๐˜€๐˜€๐—ฒ๐˜ ๐—ค๐˜‚๐—ฎ๐—น๐—ถ๐˜๐˜†: Gross Stage 3 (GS3) assets have declined to approximately 4.5%, down from previous periods. - ๐—–๐˜‚๐˜€๐˜๐—ผ๐—บ๐—ฒ๐—ฟ ๐—ฃ๐—ฟ๐—ผ๐—ณ๐—ถ๐—น๐—ฒ: Prime customers (CIBIL score of 725+) now constitute about 85% of the portfolio, up from 62% in FY24, indicating a stronger customer mix. - ๐—–๐—ผ๐˜€๐˜-๐˜๐—ผ-๐—œ๐—ป๐—ฐ๐—ผ๐—บ๐—ฒ ๐—ฅ๐—ฎ๐˜๐—ถ๐—ผ: The C/I ratio has improved sequentially to ~54.9% in 2QFY27. ๐—•๐—ฟ๐—ผ๐—ธ๐—ฒ๐—ฟ๐—ฎ๐—ด๐—ฒ ๐—ฅ๐—ฎ๐˜๐—ถ๐—ผ๐—ป๐—ฎ๐—น๐—ฒ: The 'BUY' rating is supported by healthy disbursement momentum, improving asset quality, and sequential NIM expansion. The ongoing run-down of the legacy book and declining funding costs are expected to normalize credit costs and stabilize margins. A strengthened distribution franchise and an improving customer profile provide a solid foundation for sustained growth and enhanced profitability. The TP of โ‚น240 is premised on 0.9x Sepโ€™28E BVPS. ๐Ÿ”— ๐˜™๐˜ฆ๐˜ข๐˜ฅ ๐˜๐˜ถ๐˜ญ๐˜ญ ๐˜™๐˜ฆ๐˜ฑ๐˜ฐ๐˜ณ๐˜ต: wegro.app/elrOkZ โšก๏ธAI-driven watchlist alerts on WhatsApp - Try FREE ๐Ÿ‘‰ wegro.app/go #BrokerageReport
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Happiest Minds Technologies announced its Q2 FY27 unaudited financial results & declared an interim dividend of โ‚น3.05 per equity share (face value โ‚น2). The record date for the dividend is Nov 06, 2026, with payment on/after Nov 17, 2026. The Board meeting concluded on Nov 02, 2026. ๐Ÿ“Š HAPPIEST MINDS TECHNOLOGIES LTD | ๐Ÿท๏ธ Financial Results ๐ŸŒ Details: wegro.app/wWlhSQ โšก๏ธInstant stock alerts on WhatsApp - Try FREE ๐Ÿ‘‰ wegro.app/go
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๐Ÿ“Š Welspun Living Ltd | Broker Report | ๐˜‰๐˜œ๐˜  ๐˜Š๐˜ข๐˜ญ๐˜ญ ๐ŸŸข ๐Ÿข ๐˜‰๐˜ถ๐˜บ ๐˜ž๐˜ฆ๐˜ญ๐˜ด๐˜ฑ๐˜ถ๐˜ฏ ๐˜“๐˜ช๐˜ท๐˜ช๐˜ฏ๐˜จ; ๐˜ต๐˜ข๐˜ณ๐˜จ๐˜ฆ๐˜ต ๐˜ฐ๐˜ง ๐˜™๐˜ด 260: ๐˜”๐˜ฐ๐˜ต๐˜ช๐˜ญ๐˜ข๐˜ญ ๐˜–๐˜ด๐˜ธ๐˜ข๐˜ญ ๐Ÿ“ˆ ๐˜™๐˜ฆ๐˜ค๐˜ฐ๐˜ฎ๐˜ฎ๐˜ฆ๐˜ฏ๐˜ฅ๐˜ข๐˜ต๐˜ช๐˜ฐ๐˜ฏ: BUY ๐Ÿ›๏ธ ๐˜‰๐˜ณ๐˜ฐ๐˜ฌ๐˜ฆ๐˜ณ๐˜ข๐˜จ๐˜ฆ: Motilal Oswal ๐—ช๐—ฒ๐—น๐˜€๐—ฝ๐˜‚๐—ป ๐—Ÿ๐—ถ๐˜ƒ๐—ถ๐—ป๐—ด ๐—Ÿ๐˜๐—ฑ. - ๐—•๐—ฟ๐—ผ๐—ธ๐—ฒ๐—ฟ ๐—ฅ๐—ฒ๐—ฝ๐—ผ๐—ฟ๐˜ ๐—ฆ๐˜‚๐—บ๐—บ๐—ฎ๐—ฟ๐˜† ๐Ÿ“ˆ: Motilal Oswal Financial Services has reiterated its ๐—•๐—จ๐—ฌ rating on Welspun Living Ltd. with a target price (TP) of โ‚น260, indicating a potential upside of 19% from the current market price. ๐—ž๐—ฒ๐˜† ๐—›๐—ถ๐—ด๐—ต๐—น๐—ถ๐—ด๐—ต๐˜๐˜€: - ๐—ฅ๐—ฒ๐˜ƒ๐—ฒ๐—ป๐˜‚๐—ฒ ๐—š๐—ฟ๐—ผ๐˜„๐˜๐—ต: The brokerage anticipates sustained double-digit revenue growth, primarily fueled by the Home Textile and Flooring segments. - ๐— ๐—ฎ๐—ฟ๐—ด๐—ถ๐—ป ๐—˜๐˜…๐—ฝ๐—ฎ๐—ป๐˜€๐—ถ๐—ผ๐—ป: EBITDA margins are projected to improve, reaching 13.2% by FY28. This is expected due to a better business mix within home textiles and stable margins in the flooring business. - ๐—จ๐—ฆ ๐—ฃ๐—ถ๐—น๐—น๐—ผ๐˜„ ๐—•๐˜‚๐˜€๐—ถ๐—ป๐—ฒ๐˜€๐˜€: The US pillow segment is a significant growth driver, with both manufacturing facilities operational. At peak utilization, these facilities are expected to generate USD 80-100 million in revenue by FY29. ๐Ÿ’ฐ - ๐— ๐—ฎ๐—ฟ๐—ธ๐—ฒ๐˜ ๐—™๐—ผ๐—ฐ๐˜‚๐˜€: Growth is expected to be driven by expansion in key markets like the US and UK. The UK market, in particular, is seen as a significant opportunity with strong traction. - ๐—™๐—ถ๐—ป๐—ฎ๐—ป๐—ฐ๐—ถ๐—ฎ๐—น ๐—ฃ๐—ฟ๐—ผ๐—ท๐—ฒ๐—ฐ๐˜๐—ถ๐—ผ๐—ป๐˜€: Welspun Living is expected to achieve a CAGR of 16% in revenue, 45% in EBITDA, and 104% in PAT over FY26-28. ๐—ฉ๐—ฎ๐—น๐˜‚๐—ฎ๐˜๐—ถ๐—ผ๐—ป: The TP of โ‚น260 is based on 15x FY28E EV/EBITDA. ๐—ฅ๐—ถ๐˜€๐—ธ๐˜€: Key risks identified include customer and geographical concentrations, and commodity price fluctuations. โš ๏ธ ๐Ÿ”— ๐˜™๐˜ฆ๐˜ข๐˜ฅ ๐˜๐˜ถ๐˜ญ๐˜ญ ๐˜™๐˜ฆ๐˜ฑ๐˜ฐ๐˜ณ๐˜ต: wegro.app/r1v6yw โšก๏ธAI-driven watchlist alerts on WhatsApp - Try FREE ๐Ÿ‘‰ wegro.app/go #BrokerageReport
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๐Ÿ“Š Motherson Sumi Wiring India Ltd | Broker Report | ๐˜‰๐˜œ๐˜  ๐˜Š๐˜ข๐˜ญ๐˜ญ ๐ŸŸข ๐Ÿข ๐˜‰๐˜ถ๐˜บ ๐˜”๐˜ฐ๐˜ต๐˜ฉ๐˜ฆ๐˜ณ๐˜ด๐˜ฐ๐˜ฏ ๐˜ž๐˜ช๐˜ณ๐˜ช๐˜ฏ๐˜จ; ๐˜ต๐˜ข๐˜ณ๐˜จ๐˜ฆ๐˜ต ๐˜ฐ๐˜ง ๐˜™๐˜ด 45: ๐˜”๐˜ฐ๐˜ต๐˜ช๐˜ญ๐˜ข๐˜ญ ๐˜–๐˜ด๐˜ธ๐˜ข๐˜ญ ๐Ÿ“ˆ ๐˜™๐˜ฆ๐˜ค๐˜ฐ๐˜ฎ๐˜ฎ๐˜ฆ๐˜ฏ๐˜ฅ๐˜ข๐˜ต๐˜ช๐˜ฐ๐˜ฏ: BUY ๐Ÿ›๏ธ ๐˜‰๐˜ณ๐˜ฐ๐˜ฌ๐˜ฆ๐˜ณ๐˜ข๐˜จ๐˜ฆ: Motilal Oswal Motilal Oswal has reiterated its ๐—•๐—จ๐—ฌ rating on Motherson Sumi Wiring India Ltd (MSUMI) with a ๐—ง๐—ฎ๐—ฟ๐—ด๐—ฒ๐˜ ๐—ฃ๐—ฟ๐—ถ๐—ฐ๐—ฒ (๐—ง๐—ฃ) ๐—ผ๐—ณ โ‚น45, indicating a potential upside of 30% ๐Ÿ“ˆ. ๐—ž๐—ฒ๐˜† ๐—›๐—ถ๐—ด๐—ต๐—น๐—ถ๐—ด๐—ต๐˜๐˜€ ๐—ณ๐—ฟ๐—ผ๐—บ ๐˜๐—ต๐—ฒ ๐—•๐—ฟ๐—ผ๐—ธ๐—ฒ๐—ฟ ๐—ฅ๐—ฒ๐—ฝ๐—ผ๐—ฟ๐˜: - ๐—˜๐—ฎ๐—ฟ๐—ป๐—ถ๐—ป๐—ด๐˜€ ๐—•๐—ฒ๐—ฎ๐˜ & ๐—จ๐—ฝ๐—ด๐—ฟ๐—ฎ๐—ฑ๐—ฒ๐˜€: MSUMI's 2Q PAT exceeded estimates, driven by robust revenue growth and margin expansion. Consequently, earnings estimates for FY27 and FY28 have been revised upwards by 31% and 17%, respectively. - ๐—ฆ๐˜๐—ฟ๐—ผ๐—ป๐—ด ๐—š๐—ฟ๐—ผ๐˜„๐˜๐—ต ๐—ข๐˜‚๐˜๐—น๐—ผ๐—ผ๐—ธ: The company is projected to achieve a Compound Annual Growth Rate (CAGR) of 21% in revenue, EBITDA, and PAT between FY26 and FY28. This growth is expected to be fueled by optimal capacity utilization across its greenfield plants and sustained demand momentum. - ๐— ๐—ฎ๐—ฟ๐—ด๐—ถ๐—ป ๐—ฃ๐—ฒ๐—ฟ๐—ณ๐—ผ๐—ฟ๐—บ๐—ฎ๐—ป๐—ฐ๐—ฒ: Despite rising copper prices (up 6% QoQ), MSUMI managed a 160bp QoQ margin expansion to 9.2% due to higher customer volumes and ramp-up of new projects. EV revenue share has increased to 10% in 2Q. - ๐—ฉ๐—ฎ๐—น๐˜‚๐—ฎ๐˜๐—ถ๐—ผ๐—ป ๐—๐˜‚๐˜€๐˜๐—ถ๐—ณ๐—ถ๐—ฐ๐—ฎ๐˜๐—ถ๐—ผ๐—ป: The current premium valuations (29x FY27E EPS, 25.4x FY28E EPS) are considered justified given MSUMI's strong competitive positioning, top-decile capital efficiency, and its strategic benefits from the ongoing mega-trends in the automotive sector, particularly electrification (EVs) ๐Ÿš—โšก. ๐—•๐—ฟ๐—ผ๐—ธ๐—ฒ๐—ฟ๐—ฎ๐—ด๐—ฒ ๐—™๐—ถ๐—ฟ๐—บ: Motilal Oswal ๐—ฅ๐—ฒ๐—ฐ๐—ผ๐—บ๐—บ๐—ฒ๐—ป๐—ฑ๐—ฎ๐˜๐—ถ๐—ผ๐—ป: BUY ๐—ง๐—ฎ๐—ฟ๐—ด๐—ฒ๐˜ ๐—ฃ๐—ฟ๐—ถ๐—ฐ๐—ฒ: โ‚น45 (+30% upside) ๐—ฅ๐—ฎ๐˜๐—ถ๐—ผ๐—ป๐—ฎ๐—น๐—ฒ: Strong 2Q performance, raised earnings estimates, positive growth outlook driven by capacity utilization & demand, and justified premium valuations due to competitive edge & EV exposure. ๐—ž๐—ฒ๐˜† ๐— ๐—ฒ๐˜๐—ฟ๐—ถ๐—ฐ๐˜€: - FY27E/FY28E EPS: โ‚น1.2/โ‚น1.4 - Projected Revenue/EBITDA/PAT CAGR (FY26-28): 21% - 2Q PAT: โ‚น2.2b (+35% YoY) - 2Q EBITDA Margin: 9.2% (+160bp QoQ) ๐Ÿ”— ๐˜™๐˜ฆ๐˜ข๐˜ฅ ๐˜๐˜ถ๐˜ญ๐˜ญ ๐˜™๐˜ฆ๐˜ฑ๐˜ฐ๐˜ณ๐˜ต: wegro.app/N264Ws โšก๏ธAI-driven watchlist alerts on WhatsApp - Try FREE ๐Ÿ‘‰ wegro.app/go #BrokerageReport
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ESDS Software Solution Ltd has submitted the audio recording of its Investor / Earnings Conference Call held on Nov 02, 2026. The call discussed the company's performance for the quarter & half year ended Sep 30, 2026, followed by a Q&A session. The recording is available on the company's website. ๐Ÿ“Š ESDS SOFTWARE SOLUTION LTD | ๐Ÿท๏ธ General ๐ŸŒ Details: wegro.app/LMu33z โšก๏ธInstant stock alerts on WhatsApp - Try FREE ๐Ÿ‘‰ wegro.app/go
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๐Ÿ“Š ๐—š๐—น๐—ผ๐—ฏ๐—ฎ๐—น ๐—–๐—ผ๐—บ๐—บ๐—ผ๐—ฑ๐—ถ๐˜๐—ถ๐—ฒ๐˜€ ๐—จ๐—ฝ๐—ฑ๐—ฎ๐˜๐—ฒ ๐Ÿญ ๐—œ๐—ป๐—ฑ๐˜‚๐˜€๐˜๐—ฟ๐—ถ๐—ฎ๐—น Commodities in focus: Magnesium, Tellurium, Synthetic Rubber โšก๏ธInstant stock alerts on WhatsApp - Try FREE ๐Ÿ‘‰ wegro.app
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๐Ÿ“Š P N Gadgil Jewellers Ltd | Broker Report | ๐˜‰๐˜œ๐˜  ๐˜Š๐˜ข๐˜ญ๐˜ญ ๐ŸŸข ๐Ÿข ๐˜‰๐˜ถ๐˜บ ๐˜— ๐˜• ๐˜Ž๐˜ข๐˜ฅ๐˜จ๐˜ช๐˜ญ ๐˜‘๐˜ฆ๐˜ธ๐˜ฆ๐˜ญ๐˜ญ๐˜ฆ๐˜ณ๐˜ด; ๐˜ต๐˜ข๐˜ณ๐˜จ๐˜ฆ๐˜ต ๐˜ฐ๐˜ง ๐˜™๐˜ด 700: ๐˜”๐˜ฐ๐˜ต๐˜ช๐˜ญ๐˜ข๐˜ญ ๐˜–๐˜ด๐˜ธ๐˜ข๐˜ญ ๐Ÿ“ˆ ๐˜™๐˜ฆ๐˜ค๐˜ฐ๐˜ฎ๐˜ฎ๐˜ฆ๐˜ฏ๐˜ฅ๐˜ข๐˜ต๐˜ช๐˜ฐ๐˜ฏ: BUY ๐Ÿ›๏ธ ๐˜‰๐˜ณ๐˜ฐ๐˜ฌ๐˜ฆ๐˜ณ๐˜ข๐˜จ๐˜ฆ: Motilal Oswal ๐—ฃ ๐—ก ๐—š๐—ฎ๐—ฑ๐—ด๐—ถ๐—น ๐—๐—ฒ๐˜„๐—ฒ๐—น๐—น๐—ฒ๐—ฟ๐˜€ ๐—Ÿ๐˜๐—ฑ: ๐— ๐—ผ๐˜๐—ถ๐—น๐—ฎ๐—น ๐—ข๐˜€๐˜„๐—ฎ๐—น ๐—ฅ๐—ฒ๐—ถ๐˜๐—ฒ๐—ฟ๐—ฎ๐˜๐—ฒ๐˜€ ๐—•๐—จ๐—ฌ ๐˜„๐—ถ๐˜๐—ต โ‚น700 ๐—ง๐—ฃ ๐ŸŽฏ: Motilal Oswal has reiterated its ๐—•๐—จ๐—ฌ recommendation for P N Gadgil Jewellers Ltd, setting a target price of โ‚น700, implying a 25% potential upside. The brokerage highlights strong performance and expansion plans. ๐—ž๐—ฒ๐˜† ๐—™๐—ถ๐—ป๐—ฎ๐—ป๐—ฐ๐—ถ๐—ฎ๐—น ๐—›๐—ถ๐—ด๐—ต๐—น๐—ถ๐—ด๐—ต๐˜๐˜€ (2๐—ค๐—™๐—ฌ27): - ๐—ฅ๐—ฒ๐˜ƒ๐—ฒ๐—ป๐˜‚๐—ฒ ๐—š๐—ฟ๐—ผ๐˜„๐˜๐—ต: Consolidated revenue grew 22% ๐—ฌ๐—ผ๐—ฌ to โ‚น26.7 billion, largely in line with estimates. This was driven by a significant 31% ๐—ฌ๐—ผ๐—ฌ ๐—ถ๐—ป๐—ฐ๐—ฟ๐—ฒ๐—ฎ๐˜€๐—ฒ ๐—ถ๐—ป ๐—ฟ๐—ฒ๐˜๐—ฎ๐—ถ๐—น ๐—ฟ๐—ฒ๐˜ƒ๐—ฒ๐—ป๐˜‚๐—ฒ, supported by a 25.5% ๐—ฆ๐—ฎ๐—บ๐—ฒ-๐—ฆ๐˜๐—ผ๐—ฟ๐—ฒ ๐—ฆ๐—ฎ๐—น๐—ฒ๐˜€ ๐—š๐—ฟ๐—ผ๐˜„๐˜๐—ต (๐—ฆ๐—ฆ๐—ฆ๐—š). - ๐—˜๐—•๐—œ๐—ง๐——๐—” ๐—ฆ๐˜‚๐—ฟ๐—ด๐—ฒ: EBITDA doubled YoY to โ‚น2 billion, beating estimates, primarily due to effective cost control measures, which led to a 300 basis point expansion in EBITDA margin to 7.6%. - ๐—ฅ๐—ฒ๐˜๐—ฎ๐—ถ๐—น ๐— ๐—ถ๐˜… ๐—œ๐—บ๐—ฝ๐—ฟ๐—ผ๐˜ƒ๐—ฒ๐—บ๐—ฒ๐—ป๐˜: The retail studded mix improved to 11.9% from 9.0% in the previous year, indicating a shift towards higher-value products. ๐—˜๐˜…๐—ฝ๐—ฎ๐—ป๐˜€๐—ถ๐—ผ๐—ป & ๐—ฆ๐˜๐—ฟ๐—ฎ๐˜๐—ฒ๐—ด๐˜†: - ๐—ฆ๐˜๐—ผ๐—ฟ๐—ฒ ๐—ก๐—ฒ๐˜๐˜„๐—ผ๐—ฟ๐—ธ: PNG added 2 stores in 2Q, bringing the total to 80. The company plans to expand its network to 103 ๐˜€๐˜๐—ผ๐—ฟ๐—ฒ๐˜€ ๐—ฏ๐˜† ๐—™๐—ฌ27 and aims for 30-35 ๐—ฎ๐—ป๐—ป๐˜‚๐—ฎ๐—น ๐˜€๐˜๐—ผ๐—ฟ๐—ฒ ๐—ฎ๐—ฑ๐—ฑ๐—ถ๐˜๐—ถ๐—ผ๐—ป๐˜€ from FY28 onwards, with a balanced mix of company-owned and franchise outlets. - ๐—ก๐—ฒ๐˜„ ๐—š๐—ฒ๐—ผ๐—ด๐—ฟ๐—ฎ๐—ฝ๐—ต๐—ถ๐—ฒ๐˜€: PNG targets 30-35% revenue contribution from new geographies by FY30, up from approximately 9% currently. Early traction in Uttar Pradesh is noted as encouraging. - ๐—›๐—ฒ๐—ฑ๐—ด๐—ถ๐—ป๐—ด: Hedge coverage increased to ~80% from ~70%, reducing earnings sensitivity to gold price fluctuations. ๐—ข๐˜‚๐˜๐—น๐—ผ๐—ผ๐—ธ & ๐—–๐—ผ๐—ป๐—ฐ๐—ฒ๐—ฟ๐—ป๐˜€: - The brokerage models revenue, EBITDA, and APAT CAGRs of 19%, 24%, and 17% respectively, over FY26-29E. - While positive on the long-term opportunity, Motilal Oswal remains cautious on the ๐˜€๐˜‚๐˜€๐˜๐—ฎ๐—ถ๐—ป๐—ฎ๐—ฏ๐—ถ๐—น๐—ถ๐˜๐˜† ๐—ผ๐—ณ ๐—ป๐—ฒ๐˜„ ๐—บ๐—ฎ๐—ฟ๐—ธ๐—ฒ๐˜ ๐˜€๐—ฐ๐—ฎ๐—น๐—ถ๐—ป๐—ด and the ๐—ฐ๐—ผ๐—ป๐˜€๐—ถ๐˜€๐˜๐—ฒ๐—ป๐—ฐ๐˜† ๐—ผ๐—ณ ๐—ฐ๐—ผ๐˜€๐˜ ๐—ฒ๐—ณ๐—ณ๐—ถ๐—ฐ๐—ถ๐—ฒ๐—ป๐—ฐ๐—ถ๐—ฒ๐˜€. Motilal Oswal reiterates its BUY rating based on 17x Sepโ€™28E earnings, seeing significant long-term potential despite execution monitorables. ๐ŸŒŸ ๐Ÿ”— ๐˜™๐˜ฆ๐˜ข๐˜ฅ ๐˜๐˜ถ๐˜ญ๐˜ญ ๐˜™๐˜ฆ๐˜ฑ๐˜ฐ๐˜ณ๐˜ต: wegro.app/QfHeAo โšก๏ธAI-driven watchlist alerts on WhatsApp - Try FREE ๐Ÿ‘‰ wegro.app/go #BrokerageReport
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