|
Greaves Cotton (Sharekhan) Races ahead on a powerful torque |
|
Emerging Star
Revenue a tad below expectation
Cost rationalisation led to higher than expected margin
PAT in line with expectation
Outlook positive; maintain Buy | Date | Rating | Target Price | Recommendation Price | Broker house | | 29 Jul 2011 | buy | 117 | 90 | Sharekhan Report | |
|
Greaves Cotton (Emkay) Delivers despite odds; Reiterate BUY |
|
On track - Revenues up 16% yoy, APAT up 26% yoy;Engines division – No breakdown – Revenue up 14%, EBIT% up 50 bps;Infrastructure division – Steady improvement – Revenue up 29%, EBIT Rs3mn;Attractive valuations at 9.3X FY13E; Retain BUY rating | Date | Rating | Target Price | Recommendation Price | Broker house | | 27 Jul 2011 | buy | 124 | 88 | Emkay Report | |
|
greaves cotton (Emkay) Raise TP to Rs124; Reiterate BUY |
Revenues up 27% yoy, APAT up 20% yoy - In line with estimates; Engines division - Continued traction; Infrastructure division - Progress meets expectations; Aggressive outlook - Expects to double turnover over next 3 years
| Date |
Rating |
Target Price |
Recommendation Price |
Broker house |
| 29 Apr 2011 |
buy |
124 |
94 |
Emkay Report |
Yahoo Link+NSE Link+Reuters Link+Reuters India Link+Google Link+DSR Search
Reports.DesiStockResearch.com |
|
greaves cotton (CreditSuisse) Positive on power backup equipment demand |
| Date |
Rating |
Target Price |
Recommendation Price |
Broker house |
| 26 Apr 2011 |
not rated |
-- |
-- |
CreditSuisse Report |
Yahoo Link+NSE Link+Reuters Link+Reuters India Link+Google Link+DSR Search
Reports.DesiStockResearch.com |
|
greaves cotton (emkay) A Sequel, Reiterate BUY |
|
greaves cotton (Emkay) Successfully Fights Base Effect; Reiterate BUY |
| Date |
Rating |
Target Price |
Recommendation Price |
Broker house |
| 20 Oct 2010 |
Buy |
505 |
465 |
Emkay Report |
Reports.DesiStockResearch.com |
Date Rating Target Price Recommendation Price Broker house 24 Sep 2010 Buy 505 419Emkay Report
Reports.DesiStockResearch.com |
|
Greaves Cotton (Sharekhan) |
Greaves Cott (Sharekhan)
| Date |
Rating |
Target Price |
Recommendation Price |
Broker house |
| 20 Aug 2010 |
BUY |
442 |
383.45 |
Sharekhan Report |
"
Reports.DesiStockResearch.com |
