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Tamil Nadu Newsprint and Papers - TNPL (Emkay) Inventory builtup hurts revenues |
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Revenues below est due to lower vol; inventory builtup to be released in Q2;EBITDA margins in line;APAT declined by 68% yoy to Rs 128mn, below estimates;Sales volumes to pick up in Q2; Maintain BUY | Date | Rating | Target Price | Recommendation Price | Broker house | | 2 Aug 2011 | buy | 180 | 118 | Emkay Report | |
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tamilnadu newsprint (Emkay) Downgrade estimates, maintain BUY |
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Results disappoint owing to margin pressure; Higher raw material & P&F costs drag margins; APAT declined to Rs 196mn, below estimates; Downgrade FY12E estimates, maintain BUY
| Date |
Rating |
Target Price |
Recommendation Price |
Broker house |
| 31 May 2011 |
buy |
180 |
127 |
Emkay Report |
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tnpl (Emkay) Undervaluation of domestic paper companie |
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tamilnadu newsprint (emkay) Results disappoint on lower margins |
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Tamilnadu Newdprints (emkay) |
Tamilnadu Newsprints
| Date |
Rating |
Target Price |
Recommendation Price |
Broker house |
| 27 May 2010 |
Buy |
143 |
102 |
Emkay report |
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Reports.DesiStockResearch.com |
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Tamilnadu newsprint and papers |
TNPL stock recommendation and news
| Date |
Rating |
Target Price |
Recommendation Price |
Broker house |
| 20 Apr 2010 |
LT buy |
115 |
94 |
FairWealth report |
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Reports.DesiStockResearch.com |
