Analyst Stock Recommendations: Castrol India, PI Industries, Escorts
- Castrol India Ltd. cut to ‘hold’ at Edelweiss Capital; Price target: Rs 142
- PI Industries Ltd. cut to ‘reduce’ at Edelweiss Capital; Price target: Rs 2,718
- Escorts Ltd. cut to ‘hold’ at Canara Bank; Price target: Rs 1,584
- BUY ESCORTS NEAR 1387 TRG 1405-1420 SL PAID
- 3i Group-Backed BVG India Seeks Regulatory Approval for IPO
- Edelweiss Stock Swings After Fourth-Quarter Profit Meets Estimates
- Yestday STBT Call Rocking Watch Nifty, Bank Nifty And Future Stocks – Enjoy Tons of Money
- MRF Stock Posts Highest Quarterly Profit Growth In Over Two Years, But Misses Estimates
Stocks Linked To Renewable Energy, Transition Fuels Advance
- Shares of companies related to renewable energy and transition fuels rise after PM Narendra Modi pledged to make India reach net-zero by 2070 at the COP26 climate summit.
- In Focus: NTPC, Tata Power, Borosil Renewables
VRL Logistics Climbs 13% On Q2 Beat
Shares of VRL Logistics Ltd. rose over 13% in intraday trade, the biggest gain in over five weeks, to Rs 429.2 apiece, after the company reported net income and revenue above average analyst estimate in the September quarter.
Second Quarter Results (Consolidated, YoY)
- Revenue up 45% at Rs 636.36 crore Vs Rs 439.25 crore (Bloomberg Consensus Estimate: Rs 555 crore
- Net profit up 60% at Rs 49.47 crore Vs Rs 30.88 crore (Bloomberg Consensus Estimate: Rs 27.7 crore)
- Ebitda up 30% at Rs 113.28 crore Vs Rs 86.91 crore
- Margin at 17.8% Vs 19.8%
Of the fourteen analysts tracking the company, thirteen maintained ‘buy’ and one maintained ‘sell’ recommendations. The overall consensus price of analysts tracking the company implied a downside of 2.7%.
Trading volume on the stock was 18.9 times the 30-day average volume, for this time of the day.
Disclaimer
This article is intended for educational purposes only. The views and opinions expressed are those of individual analysts or brokerage firms and do not represent the views of GoldSilverReports.com. Investors are strongly advised to consult certified financial experts before making any investment or trading decisions.
| Follow us on |
| Telegram, Whatsapp , Facebook, Twitter, Instagram, YouTube, Google Business Profile and Truth Social. |