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Once the inflation cycle sets in, the cost of power production through fossil fuels will rise with every passing year, with the energy switchover to renewables becoming a viable and attractive option.
Motilal Oswal reiterates its buy rating on the stock, with a target of Rs 245, saying the stock was trading at attractive valuations of 5.6x EV/EBITDA and 9x P/E on FY21E.
Net Sales are expected to decrease by 7.8 percent Y-o-Y (down 0.6 percent Q-o-Q) to Rs. 9,991.3 crore, according to ICICI Direct.
Net Sales are expected to increase by 1.9 percent Y-o-Y (down 12.8 percent Q-o-Q) to Rs. 10,794.1 crore, according to Kotak.
Net Sales are expected to decrease by 0.9 percent Y-o-Y (down 11.4 percent Q-o-Q) to Rs. 10,573.1 crore, according to ICICI Direct.
Net Sales are expected to increase by 3.5 percent Y-o-Y (down 11.4 percent Q-o-Q) to Rs. 10,963.1 crore, according to Prabhudas Lilladher.
Narnolia Financial Advisors expects 31 percent decline in profit to Rs 261 crore while Prabhudas Lilladher is of the view that net profit may come at Rs 208.4 crore
Net Sales are expected to decrease by 3.9 percent Y-o-Y (down 6 percent Q-o-Q) to Rs. 11,225.6 crore, according to ICICI Direct.
Net Sales are expected to increase by 0.9 percent Y-o-Y (down 1.3 percent Q-o-Q) to Rs. 11,785.2 crore, according to Prabhudas Lilladher.
Novelis' EBITDA stood at $322 million or Rs 2,300 crore, which is close to or higher than Hindalco's standalone (including Utkal Alumina) EBITDA of Rs 1,926 crore in Q3 FY19
Net Sales are expected to decrease by 1.6 percent Y-o-Y (up 0.2 percent Q-o-Q) to Rs. 10,849.5 crore, according to ICICI Direct.
Input cost pressure is being increasingly absorbed by companies as the demand environment in weakening
Net Sales are expected to decrease by 9.7 percent Y-o-Y (down 12.1 percent Q-o-Q) to Rs. 9,312.2 crore, according to ICICI Direct.
The movement in LME prices from here on and the acquisition of Aleris would be key to Hindalco's future performance
Net Sales are expected to decrease by 8.2 percent Y-o-Y (down 23.2 percent Q-o-Q) to Rs. 8,966.4 crore, according to ICICI Direct.
Net Sales are expected to increase by 0.4 percent Y-o-Y (up 0.4 percent Q-o-Q) to Rs. 11,072.3 crore, according to ICICI Direct.
The company’s sales could rise 18 percent at Rs 10,997 crore versus Rs 9,311 crore posted during the same quarter last year.
Credit Suisse maintained an outperform stance on the stock and raised the target to Rs 310.
The net sales are likely to be higher by 9 perent at Rs 10,409 crore against Rs 9,562 crore.
Net Sales are expected to increase by 10.7 percent Y-o-Y (up 1.7 percent Q-o-Q) to Rs. 10585.2 crore, according to Edelweiss.
Profit is seen rising 29 percent year-on-year to Rs 460 crore and revenue may increase 23 percent to Rs 10,620 crore in January-March quarter, according to average of estimates of analysts polled by CNBC-TV18.
Net Sales are expected to increase by 3.7 percent Q-o-Q (up 8.8 percent Y-o-Y) to Rs 25424.7 crore, according to Motilal Oswal.
Sales are expected to increase by 17.2 percent Q-o-Q (down 0.3 percent Y-o-Y) to Rs 8900.9 crore, according to ICICI Securities.
During the period, its operating profit margin may gain 9 percent at Rs 960 crore versus Rs 877.39 crore while operating margin at 11.1 percent versus 10.23 percent (year-on-year).
Sales are expected to decrease by 5.8 percent Q-o-Q (down 4.8 percent Y-o-Y) to Rs 8165.2 crore, according to ICICI Securities