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Monday , 15 October 2018
Breaking News

Navkar Corporation ACCUMULATE: Music Braodcast, Siyaram Silk Mills- Angel Broking

 
Company
Rating
CMP (Rs.)
Target (Rs.)
Upside (%)
Rationale
TV Today Network
Buy
364
435
19.6
Market leadership in Hindi news genre and no. 2 viewership ranking in English news genre, exit from the radio business, and anticipated growth in ad spends by corporates to benefit the stock.
Maruti Suzuki
Accumulate
7838
8658
10.5
After GST, the company is expected to see higher volumes along with improving product mix. The Gujarat plant will also enable higher operating leverage which will be margin accretive.
GIC Housing
Buy
510
655
28.4
We expect loan book to grow at 24.3% over next two year; change in borrowing mix will help in NIM improvement.

Please refer to the attached report.

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