V-Guard Industries Ltd., incorporated in the year 1996, is a Mid Cap company (having a market cap of Rs 11382.79 Crore) operating in Consumer Durables sector.
Emkay GlobalSun Pharma (Hold)Target: ₹720CMP: ₹669.65We downgrade Sun Pharma to Hold as we believe current valuations amply captures all the upside related to specialty. The stock is trading at one-ye
Emkay GlobalCrompton Greaves (Buy)Target: ₹480CMP: ₹403.25Crompton Greaves Consumer Electricals has delivered strong performance in Q4, with EBITDA beating our expectations by 6 per cent. Electric Con
Unlike hotels and resorts, where people will flock once again after vaccinations, Covid may have made a behavioural shift among cinema goers in favour of OTT platforms.
Broker s call: Bharti Airtel (Buy)
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CMP: ₹520.70
Bharti reported in-line EBITDA, but ARPU (average revenue per user) of ₹145 missed our estimate by nearly 1.8 per cent (adjusted for IUC and lesser number of days in Q4). This indicates a deceleration in the mix improvement-led ARPU uptick that has been seen over the last two quarters.
Data subscriber addition momentum sustained with 13.9 million additions, boosting data subs base to 58.7 per cent (52.4 per cent in FY20). Healthy performance of enterprise and home broadband segments continued, with the latter seeing the highest customer additions, yet again.
Market share gains across the business segments reflect the strength of the underlying customer winning strategy. FY22 capex is expected to be similar to that of FY21, while the composition of it will change with spends on transport capex (ahead of 5G launch).