Dixon Technologies: Margins aur Demand ki Fikar
HDFC Securities ne Dixon Technologies ki rating ko 'Reduce' kar diya hai aur target price set kiya hai ₹10,560. Company ka revenue sirf 2% hi badha hai year-on-year, aur EBITDA bhi kam hua hai margin dabav (compression) aur mandi wali demand ki wajah se. Production Linked Incentive (PLI) schemes ka band hona aur handset market ki dheemi raftaar bhi iske outlook ko challenging bana rahi hai.
Canara Bank: Mixed Signal, Par 'Add' Rating?
Canara Bank ke liye loan growth acchi khasi 16% year-on-year dikh rahi hai, khas kar retail aur MSME segments mein. Lekin, earnings mein fluctuations the, treasury income kam thi aur bank ko non-core revenue streams par depend karna pad raha hai. HDFC Securities ne 'Add' rating ko ₹155 ke target ke saath maintain kiya hai, lekin bank ki deposit strength aur earnings mein ups and downs par thoda sawal uthaya hai.
Dr. Reddy's Laboratories: US Business Ka Pressure
Dr. Reddy's Laboratories ka EBITDA 42% gir gaya hai agar pichhle saal se compare karein. Iska main reason hai US business mein sales ka kafi kam hona aur margin ka tight ho jaana. Company ki growth ab Semaglutide launches aur unke biosimilars pipeline par depend karegi. HDFC Securities ne 'Reduce' rating ko reiterate kiya hai aur target price ₹1,260 rakha hai.
Is report mein Berger Paints, Syrma SGS Technology, aur Stylam jaise stocks par bhi calls hain, jo investors ko alag alag quarterly results par naye perspectives de rahe hain.
