NDTV Profit's special research section collates quality and in-depth equity and economy research reports from across India's top brokerages, asset managers and research agencies. These reports offer NDTV Profit's subscribers an opportunity to expand their understanding of companies, sectors and the economy.
Motilal Oswal Report
TCI Express, Biocon and Deepak Nitrite, Ixigo, Inventurus Solutions, Emcure shares are likely to remain in focus after Motilal Oswal Financial Services reviewed their June-quarter earnings, revising target prices and estimates for select companies while reiterating its ratings based on business performance, margin trends and growth outlook.
For TCI Express, the brokerage highlighted that the logistics company delivered a subdued quarter amid a challenging demand environment.
ALSO READ: From Godrej Agrovet To Campus: Check Motilal Oswal's Latest Ratings, Target Prices After Q1 Results
However, Motilal Oswal believes the company remains well-placed to benefit from an eventual recovery in industrial activity and e-commerce-led logistics demand. The brokerage maintained its view on the stock while updating earnings estimates and target price.
Click on the attachment to read the full report:
DISCLAIMER
This report is authored by an external party. NDTV Profit does not vouch for the accuracy of its contents nor is responsible for them in any way. The contents of this section do not constitute investment advice. For that you must always consult an expert based on your individual needs. The views expressed in the report are that of the author entity and do not represent the views of NDTV Profit.
Users have no license to copy, modify, or distribute the content without permission of the Original Owner.
Essential Business Intelligence, Sharp Market Insights, Practical Personal Finance Advice, Daily Fuel, Gold and Silver Prices and Latest Stories — On NDTV Profit.
