ICICIdirect

2024-04-25 09:16:52 ICICI Direct's Shubh Nivesh Pick :

#SOUTHBANK South Indian Bank Ltd

Post transformation, focus on growth to drive valuation
Target: ₹ 35
Target Period: 12 months
Rationale: https://twitter.com/ICICI_Direct/status/1783345176041103576?s=19

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2024-04-24 17:56:01 #LTIMindtree Q4FY24 Results!

Revenue from Operations at ₹88,929 cr against ₹86,910 cr YoY, up 2.32% and ₹90,166 cr QoQ, down 1.37%.

EBITDA stood at ₹15,357 cr against ₹16,037 cr YoY, down 4.24% and ₹15,849 cr QoQ, down 3.1%.

EBITDA Margin stood at 17.3% against 18.5% YoY and 17.6% QoQ.

Net Profit stood ₹11,007 cr against ₹11,141 cr YoY, down 0.12% and ₹11,693 cr QoQ, down 5.86%.

Profit Margin stood at 12.4% against 12.8% YoY and 13.0% QoQ.

Total employees stood at 5,190 against 4,263 YoY and 5,268 QoQ.

The Company announced a final dividend of ₹45 per share.

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2024-04-24 15:39:46 #AxisBank Q4FY24 Results!

Total Income stood at ₹35,990 cr against ₹28,758 cr YoY, up 25.1% and ₹33,516 cr QoQ, up 7.4%

Operating Profit stood at ₹10,536 cr against ₹9,168 cr YoY, up 14.9% and ₹9,141 cr QoQ, up 15.2%.

Net profit stood at ₹7,130 cr as compared to net loss of ₹5,728 cr YoY and a profit ₹6,071 cr QoQ, up 17.4%.

GNPA stood at 1.43% against 2.02% YoY and 1.58% QoQ.

NNPA stood at 0.31% against 0.39% YoY and 0.36% QoQ.

The company proposed a dividend of ₹1 per share for FY24.

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2024-04-24 15:37:32 #HindustanUnilever Q4FY24 Results!

Revenue from Operations at ₹15,210 cr against ₹15,215 cr YoY, down 0.03% and ₹15,567 cr QoQ, down 2.3%.

EBITDA stood at ₹3,535 cr against ₹3,572 cr YoY, down 1.03% and ₹3,665 cr QoQ, down 3.5%.

Net Profit stood ₹2,561 cr against ₹2,601 cr YoY, down 1.5% and ₹2,508 cr QoQ, up 2.1%.

Operating Margin stood at 23.24% against 23.47% YoY and 23.54% QoQ.

The Company proposed a dividend of ₹24 per share

#HUL

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2024-04-24 10:35:01 Live Webinar Alert!

Join us for an insightful live webinar on today's expiry and everything else on StockMarkets!

Panelists: Mr Raj Deepak Singh | Mr Jay Thakkar

When: Live now!

Link to join: https://www.youtube.com/live/AePxg0zTT5Y?si=FgcnODOBZZjNvKm- Open / Comment

2024-04-24 06:45:35 Conviction Idea!

#PatelEngineering : Huge Opportunity Ahead…
Target Price: ₹80
Target Period: 12-18 months

A on:
About the stock
Investment Rationale
Rating and Target Price

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2024-04-23 16:00:08 #HDFCBank Q4FY24 Result Update!
Rating: BUY maintained
Target price: Revised from ₹1800 to ₹1850

A on:
About the stock
Q4FY24 Performance
Investment Rationale
Rating and Revised Target Price

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2024-04-23 14:54:54 #TataConsumer Products Q4FY24 Results!

Revenue from Operations at ₹3,926.94 Cr against ₹3,618.73 Cr YoY, up 8.5% and ₹3,803.92 Cr QoQ, up 3.2%.

EBITDA stood at ₹629.6 Cr against ₹511.67 Cr YoY, up 23% and ₹572.38 Cr QoQ, up 10%.

Net Profit After Tax stood at ₹267.71 Cr against ₹345.58 Cr, down 22.5% YoY and ₹301.51 Cr QoQ, down 15.15%.

Total Debt (as of 31 March 2024) stood at ₹3,477.2 Cr.

Operating Margin stood at 13.13% against 12.03% YoY and 12.89% QoQ.

Net Profit Margin stood at 5.41% against 8% YoY and 7.93% QoQ.

Debt to Equity Ratio stood at 0.20 against 0.09 YoY and 0.10 QoQ.

The Company proposed a dividend at ₹7.75 per share.

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2024-04-23 11:04:23 Ravi Jaipuria led RJ Corp announces a succession plan.

Son Varun Jaipuria to take over the food and beverage division
- Varun Beverages Limited, second largest bottler of PepsiCo across the globe after the US.
- Devyani International Limited, operates leading brands such as KFC, Pizza Hut, and Costa Coffee in India

Daughter, Devyani Jaipuria to head the health and education sectors.
- Group's foray into healthcare includes the high-end premium chain Cocoon for maternity hospitals and stem cell banking, among other things.
- Group also encompasses partnerships with eminent institutions like Delhi Public Schools in Gurgaon and Jaipur and many other educational institutions

Ravi Jaipuria will continue to be the chairman of RJ Group now focusing on large growth, policies, and strategic expansion.

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2024-04-23 07:59:52 Option recommendation

Buy FinNifty 21350 PUT in the range Rs. 37-38
Target: Rs. 68
Stoploss: Rs. 18

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