Equity
Shriram Finance, Q2FY25
Shriram Finance Ltd (SFL), trading at ₹2,883 (as of 24 December 2024), presents a 30% upside with a target price of ₹3,825, based on a 2.2x FY27E Adjusted Book Value (ABV) valuation. The company’s Net Interest Income (NII) is projected to grow from ₹18,794 crore

HDFC Bank, Q2FY25
HDFC Bank, trading at ₹1,651 (as of 13 October 2024), presents a 15.3% upside with a target price of ₹1,950, based on our blended analysis model. The bank’s Net Interest Income (NII) is projected to grow from ₹129,510 crore in FY24 to ₹190,994 crore in

Sterling & Wilson Renewable Energy Ltd, Q1FY25
Sterling and Wilson Renewable Energy Limited provides solar power technology, procurement and construction (EPC) solutions. The company is headquartered in Mumbai, Maharashtra and was listed on August 20, 2019, provides EPC services primarily for utility-scale solar power projects, with a focus on project design and engineering, and manages all aspects

Greenply Industries Q2FY24
Greenply Industries Ltd., headquartered in Kolkata, West Bengal, is a company primarily engaged in the manufacturing and trading of plywood and related products. The company’s product portfolio includes plywoods and blockboards, decorative veneers, flush doors, specialty plywood, and polyvinyl chloride (PVC) products. Notable brand names associated with their offerings include

Apar Industries Q2FY24
Apar Industries (APR) delivered a strong quarterly performance marked by significant revenue growth of approximately 21% YoY and EBITDA margin expansion of 193 basis points. Demand for premium conductors remains strong in the domestic market, especially in the TBCB and re-conductor segments. Increased re-run capacity in Q2FY24 led to improved
