Sterling Holiday Resorts: Total Resorts 18, Plans 13 Additional Sites

Sterling Holiday Resorts (India), India’s leading Vacation Ownership & Leisure Hospitality company, announced its results for the quarter ending March 31, 2012 along with its annual results for FY12. The quarterly Total Operating Income of the Company was reported as R…

Share:

Read More

2012 - 13 : Cement prices to rise by 5.9 %

In India, Cement prices are expected to rise by 5.9%in 2012-2013. According to CMIE (Centre for Monitoring Indian Economy), "With costs expected to continue to rise, cement prices are likely to increase in tandem &  remain on the higher side. We believe prices are …

Share:

Read More

Share Review Britannia Industries : Target Price Rs.650.

Britannia Industries (Britannia) is slated to announce its 4Q FY 2012 numbers. For the quarter, we expect Britannia to post decent 15.3%  y o y growth in its top line to  Rs.1,299 cr aided by price hikes. OPM is expected to in crease by 65bp  y o y to 7.1%. The bottom line i…

Share:

Read More

Share Review Sadbhav Engineering : Target Price Rs.199

We expect Sadbhav Engineering (SEL) to post a weak numbers on account of high base in 4QFY2011. Revenue is expected to decline by 18.2% to  Rs.856.2 cr. However, on a sequential basis, it implies growth of 18.3%. EBITDA margin is expected to witness a jump of 130bp  y o y to…

Share:

Read More

Share Review Indoco Remedies: Target Price Rs.81

For the 4Q FY 2012, Indoco Remedies is expected to report top-line growth of 28.7 %  y o y to  Rs.155 cr. The company's OPM is expected to expand by 120bp  y o y to 14.1%, driven by growth in domestic formulation sales. As a result, net profit is expected to in crease by…

Share:

Read More

Share Review NMDC: Target PriceRs.185

NMDC is slated to announce its 4Q FY 2012 results. We expect the company’s top line to de crease by 33.1 %  y o y to  Rs. 2,524 cr on account of lower sales volumes as well as realizations. On the operating front, EBITDA is expected to de crease by 29.2 %  y o y to  Rs.1,939 …

Share:

Read More

Share Review TVS Srichakra: Target Price Rs.460

For 4Q FY 2012, TVS Srichkara posted a decent set of numbers. The company reported 15 %  y o y growth in its top line; however, it was flat on a qoq basis and came in at  Rs. 348 cr against our estimate of  Rs. 376 cr. The company was able to sustain its operating margin for …

Share:

Read More

Share Review Crompton Greaves : Target Price Rs.164

Crompton Greaves announced a weak set of 4Q FY 2012 results. The company reported a 5.8 % in crease in its top line to  Rs. 3,077 cr, slightly lower than our expectation of  Rs. 3,170 cr. The quarter witnessed EBITDA margin contraction of 5.9%  y o y to 6.9%, in-line with the…

Share:

Read More

Share Review Jagran : Target Price Rs.137

For 4Q FY 2012, Jagran Prakashan’s consolidated net revenues grew by moderate 10.1%  y o y to  Rs.303 cr. Top-line growth was mainly on account of 11.5 %  y o y growth in advertisement revenues to  Rs. 210 cr and healthy 12.4 %  y o y growth in circulation revenues to  Rs.63  …

Share:

Read More

Share Review ITC : Target Price: Rs.252

For 4Q FY 2012, ITC posted impressive17.2 %  y o y growth in its net sales to  Rs.6,861 cr. While growth in the cigarette business stood at 17.4%  y o y, other FMCG business posted strong 23.6 % growth. The agri business also posted strong 30.8%  y o y growth. However, the ho…

Share:

Read More