Anand Rathi has buy call on Central Depository Services (India) with a target price of Rs 960. The current market price of Central Depository Services (India) Ltd. is Rs 800. Central Depository Services (India) Ltd., incorporated in the year 1997, is a Small Cap company (having a market cap of Rs 8339.10 Crore) operating in Financial Services sector.
Financials For the quarter ended 31-03-2021, the company reported a Consolidated Total Income of Rs 110.25 Crore, up 6.83 % from last quarter Total Income of Rs 103.20 Crore and up 51.08 % from last year same quarter Total Income of Rs 72.98 Crore. Company reported net profit after tax of Rs 51.64 Crore in latest quarter.
ICICI Securities has reduce call on
Thyrocare Technologies with a target price of Rs 985. The current market price of Thyrocare Technologies Ltd. is Rs 1043.25.
Thyrocare Technologies Ltd., incorporated in the year 2000, is a Mid Cap company (having a market cap of Rs 5627.95 Crore) operating in Hospitals & Allied Services sector.
Financials For the quarter ended 31-03-2021, the company reported a Consolidated Total Income of Rs 150.48 Crore, up 6.84 % from last quarter Total Income of Rs 140.85 Crore and up 45.39 % from last year same quarter Total Income of Rs 103.50 Crore. Company reported net profit after tax of Rs 37.57 Crore in latest quarter.
The brokerage raises the revenue and EBITDA estimates for FY22E-FY23E by 4-5% and 1-2% to factor in higher revenue from COVID-19 tests as well as its associated expenses. Considering the recent rally in the stock price we downgrade to REDUCE from Hold with a revised DCF-based target of Rs985/share, implying 30.5xFY23E earnings and
Power Grid Corporation of India Ltd., incorporated in the year 1989, is a Large Cap company (having a market cap of Rs 116873.71 Crore) operating in Power sector.
ICICI Direct has buy call on
EIH with a target price of Rs 125. The current market price of EIH is Rs 91.75.
EIH Ltd., incorporated in the year 1949, is a Mid Cap company (having a market cap of Rs 5725.21 Crore) operating in Tourism & Hospitality sector.
Financials For the quarter ended 31-03-2021, the company reported a Consolidated Total Income of Rs 230.77 Crore, up 18.48 % from last quarter Total Income of Rs 194.78 Crore and down -46.48 % from last year same quarter Total Income of Rs 431.17 Crore. Company reported net profit after tax of Rs -39.92 Crore in latest quarter.
With a strong balance sheet and strategic property locations across key destinations, the company is best positioned to ride the long-term growth story. At the CMP of Rs 92, the stock trading at adjusted EV/room of Rs 1.8/room (i.e. at 51% of its fair value). Hence, the brokerage maintains BUY rating with an unchanged target price of Rs 125 (@ 23.5x FY23E EV/EBITDA)