ICICI Direct has buy call on
BEML with a target price of Rs 1440. The current market price of BEML Ltd. is Rs 1340.4.
BEML Ltd., incorporated in the year 1964, is a Mid Cap company (having a market cap of Rs 5485.83 Crore) operating in Engineering sector.
Financials For the quarter ended 31-12-2020, the company reported a Consolidated Total Income of Rs 738.31 Crore, up 10.27 % from last quarter Total Income of Rs 669.54 Crore and up 5.60 % from last year same quarter Total Income of Rs 699.15 Crore. Company reported net profit after tax of Rs 27.67 Crore in latest quarter.
The immediate support is placed at Rs 1245 levels being 50% retracement of past three weeks up move (Rs 1119-Rs 1349)
Motilal Oswal has buy call on
Granules India Ltd. with a target price of Rs 420. The current market price of Granules India Ltd. is Rs 343.4.
Granules India Ltd., incorporated in the year 1991, is a Mid Cap company (having a market cap of Rs 8913.82 Crore) operating in Pharmaceuticals sector.
Financials For the quarter ended 31-03-2021, the company reported a Consolidated Total Income of Rs 802.59 Crore, down -6.78 % from last quarter Total Income of Rs 860.92 Crore and up 28.95 % from last year same quarter Total Income of Rs 622.40 Crore. Company reported net profit after tax of Rs 127.57 Crore in latest quarter.
The brokerage lowers FY22E/FY23E EPS estimate by 11%/10% to factor in a price increase/reduced availability of KSM like para-aminophenol (PAP)/acetic anhydride and lower operating leverage. We value GRAN at 15x 12-months forward earnings to arrive at our TP of INR420. It remains positive due to its: a) healthy ANDA pipeline for the US market, b) increasing share in
ICICI Direct has buy call on
Intellect Design Arena with a target price of Rs 875. The current market price of Intellect Design Arena Ltd. is Rs 713.95.
Intellect Design Arena Ltd., incorporated in the year 2011, is a Small Cap company (having a market cap of Rs 10064.16 Crore) operating in IT Software sector.
Financials For the quarter ended 31-03-2021, the company reported a Consolidated Total Income of Rs 400.38 Crore, up 3.61 % from last quarter Total Income of Rs 386.43 Crore and up 10.91 % from last year same quarter Total Income of Rs 361.01 Crore. Company reported net profit after tax of Rs 73.92 Crore in latest quarter.
Container Corporation of India Ltd., incorporated in the year 1988, is a Large Cap company (having a market cap of Rs 37319.28 Crore) operating in Logistics sector.