HSBC on Ather EnergyInitiate Buy with TP of Rs 450Good company in a tough industryAther's product quality, technology leadership and distribution expansion should drive its market share in a tough marketEV penetration remains low, but we think the stock ...
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Regards Indian-Share-Tips.Com 9988877963 | | HSBC on Ather EnergyInitiate Buy with TP of Rs 450Good company in a tough industryAther's product quality, technology leadership and distribution expansion should drive its market share in a tough marketEV penetration remains low, but we think the stock price will be driven by its relative performance, not industry growth CLSA on Varun BeveragesMaintain High Conviction Outperform; Cut TP to Rs 774 from Rs 786Strong margin expansion amid volume decline as VBL flexes cost leversIndia business volume decline of 7%; domestic realisation driven lower by mixEbitda margin expansion of 82bps YoY driven by operational efficiencies AVENDUS ON L&TTarget price raised to ₹3,000 (vs. ₹2,900 earlier); Reduce rating maintainedStay cautious as domestic order inflows grew just 6% in FY25, a trend expected to persist in FY26EConcerns remain over headwinds in the IT & Services segmentsInternational prospects for FY26 are a positive surpriseprices may limit conversion of prospects into actual ordersGiven potential growth NUVAMA ON VARUN BEVERAGES(CMP: 513.90)MAINTAIN BUYTARGET: 606 (Previous Target:₹659)Reported 2.5% YoY Dip In Q2CY25 Revenue, Slightly Below Our EstimateEBITDA Remained Flat YoY & Is Higher Than Our EstimateSeptember Quarter May Be Affected By Heavy Monsoon RainfallGiven The Miss In A Key Quarter, We Are Cutting CY26 EPS Estimates By 6% NOMURA ON NIPPON AMC(CMP: 810.25)MAINTAIN BUYTARGET:880Reported A Strong Q1FY26 Operating Profit Of 380 Cr, In-line With EstimateSlight Miss On Revenue Was Offset By Lower OpexQuarterly Average Assets Under Management Growth Led By Passive/Liquid AUMEquity/Debt AUM Growth Was Also Healthy At 8.5%/8.8% QoQ90% Dividend Payout Policy To Continue To Drive Strong Performance Title: NSDL IPO Review: Should You Invest Amid Market Volatility? [2025 Edition] Thinking of investing in the NSDL IPO in July 2025? Here's a detailed review including GMP trends, risk factors, valuation, and expert insights to help you decide. 📢 NSDL IPO 2025: Overview India’s leading depository services provider, National Securities Depository Limited (NSDL), is opening its IPO ANTIQUE ON ASIAN PAINTSTarget price ₹2,469 vs ₹2,293 (maintain Hold)Volume recovery visibleWe believe short- to medium-term profitability will be limited by higher rebates, marketing spends, and rising operational costsSetin Improved profitability and volume recovery lead us to raise our FY26/27E earnings estimates by 2%/1% ANTIQUE ON L&TTarget price ₹4000 (maintain Buy)In-line operating performance; core business delivers strong performanceWe remain positive on the long-term prospects of the companyHowever, due to softness in service beton and core business margins, we cut our FY26/27 estimates by 11%/13% ANTIQUE ON GAILTarget price 185 (maintain Hold)Weak across segments, except tradingWe cut our FY26/27 volume estimates by 4% to 128/135 mmscmd, in line with revised guidanceWe factor in an ₹8/mmbtu pipeline tariff hike from 2HFY26, boosting FY26/27 EPS by 2%/12%We believe the Street is overestimating pipeline value and trading earnings scalabilityASIAN PAINTS Q1 📊 Concall Highlights■ Industrial Sam Altman Warns: ChatGPT Conversations Are Not Legally ConfidentialOpenAI CEO Sam Altman recently cautioned that people often share sensitive personal details with ChatGPT without realizing: those chats can be subpoenaed and used as evidence in court cases—there is no legal privilege similar to what protects conversations with lawyers, doctors, or therapists • WhatsApp Business implementing a per-message billing model in India starting July 1 is expected to increase marketing spending for business owners, leading to a rise in costs.• Small companies are planning to move to other social media applications in the long term to manage their expenditure.• Some businesses are seeing message prices increase year-on-year across platforms.• Digital marketers LKP SecuritiesCELLO WORLD (BUY)Target Price: ₹768CMP: ₹590.50Cello World Ltd (CWL) is a diversified consumerdurables player with presence across consumerhouseware (68.4 per cent), writing instruments(14.4 per cent), and moulded furniture (17.2 percent).Backed by the legacy "Cello" brand, the company hasscaled premium segments like opalware, glassware,and stainless steel drinkware, supported by 77 • Nippon Life India Asset Management Company reported a 19 percent increase in net profit for the June quarter, reaching ₹396 crore.• Revenue increased by 20 percent to ₹607 crore, while other income rose by 11 percent to ₹146 crore.• The quarterly asset under management increased 27 percent to ₹6.13 lakh crore.• The company registered double-digit equity net sales and SIP market share.• The Registered Post will be discontinued wef 1.9.2025 • Actors are increasingly entering the beauty and fashion industries, with some achieving significant financial success.• Kriti Sanon's Hyphen skincare brand reached ₹400 crore in annual revenue within two years.• Katrina Kaif's Kay Beauty crossed ₹240 crore in gross merchandise value.• Reliance Retail acquired a majority stake in Alia Bhatt's Ed-a-Mamma, and Hrithik Roshan's HRX | |