The state-run PSU s acquisition of a controlling stake in Numaligarh Refinery (NRL) and the hope of an increase in oil production have resulted in a revision in its earning estimates, say analysts, some of whom see the stock almost doubling.
The quick-service restaurant, 55 per cent of whose stores are in malls, reported narrowing of losses in the June quarter to Rs 44.35 crore from a Rs 80.45 crore loss in the year-ago quarter. Sales soared 289 per cent YoY to Rs 149.7 crore. Gross margins came in at 65.2 per cent for the quarter, up 290 bps YoY but down 40 basis points sequentially.
Analysts do not see an end to this pain. They say Vodafone Idea s liabilities are much higher than what its profit & loss (P&L) statement indicates. Default is a real risk at the telecom operator, they add, slashing the stock s target to as low as Rs 4, suggesting up to 29 per cent downside.
Price targets for the stock suggest analysts are valuing it at 4.55-5.5 times FY22 EV/Ebitda and a P/B of 1.1 compared with a historical average of 0.7 times. They see 25-63 per cent potential upside for the stock from here on.
Zomato Q1 Results: ऑनलाइन फूड डिलीवरी प्लेटफॉर्म Zomato का 2021 की अप्रैल-जून तिमाही में शुद्ध घाटा (Net Loss) बढ़कर 360.7 करोड़ रुपये पर पहुंच गया है। मुख्य रूप से खर्चों में वृद्धि के कारण कंपनी का घाटा बढ़ा। लेकिन इसके बावजूद बुधवार को जोमैटो के शेयरों (Zomato Share) में 5 फीसदी का उछाल दर्ज किया गया। इससे जाहिर होता है कि क्यू1 रिजल्ट के बाद भी Zomato के शेयरों में निवेशकों की दिलचस्पी है। बुधवार के कारोबार में जोमैटो क�