Crisil Research

Reportedly, last fiscal, demand grew 8.2 per cent over fiscal 2021 (when it had contracted 1.2 per cent due to the pandemic) and 6.9 per cent above the pre-pandemic levels (fiscal 2020), underscoring the robustness of recovery.

Budget capex not as high as it sounds: CRISIL Research

The research wing of the agency said, if one excludes the Rs 1 lakh crore of loans to states for capex included in the headline figure of Rs 7.50 lakh crore or 2.91 per cent, the actual spend in FY23, will go down to 2.58 per cent of GDP, which is barely at par with the revised estimate of FY22.

Onion prices likely to remain at higher trajectory this festive season: Crisil

Onions prices are likely to remain at a higher trajectory during October-November following delay in crop arrivals due to rainfall deficit as August, the key month for transplantation, did not see any recovery in monsoon.

India's garment exports to decline 30-35% in FY21: Crisil Research

In March quarter, India's garment exports slipped 16 percent, while the fall was a drastic 91 percent in April, the report said.

COVID-19 pandemic to eat up half of dine-in restaurants' revenue in FY21: Crisil Research

Given low demand and social distancing norms, restaurants will operate at 25-30 percent of their monthly service levels in the first 45 days after lifting of the lockdown, it said.

JM Financial - Another stellar year; fund-based business to help sustain growth momentum: CRISIL

CRISIL has come out with its report on JM Financial. The research firm has assigned a fair value of Rs 150 per share. However, retained fundamental grade of 4/5 to the company.

Astra Microwave - Lumpiness in Order execution; Order book continues to be robust: CRISIL

CRISIL has come out with its report on Astra Microwave. The research firm has assigned a fair value of Rs 143 per share. However, retained fundamental grade of 4/5 to the company.

Apollo Hospitals - Near-term profitability under pressure, but a good long-term bet: CRISIL

CRISIL has come out with its report on Apollo Hospitals. The research firm has assigned a fair value of Rs 1320 per share. However, retained fundamental grade of 5/5 to the company.

Cera Sanitaryware - Growth impacted by GST: CRISIL

CRISIL has come out with its report on Cera Sanitaryware. The research firm has assigned a fair value of Rs 2862 per share. However, retained fundamental grade of 4/5 to the company.

TTK Prestige - Revenue affected by GST implementation: CRISIL

CRISIL has come out with its report on TTK Prestige. The research firm has assigned a fair value of Rs 6054 per share. However, retained fundamental grade of 5/5 to the company.

Dhanuka Agritech - GST destocking, slow pick-up in south India dented growth: CRISIL

CRISIL has come out with its report on Dhanuka Agritech. The research firm has assigned a fair value of Rs 821 per share. However, retained fundamental grade of 4/5 to the company.

NRB Bearings - Forex headwinds and GST arrested revenue growth: CRISIL

CRISIL has come out with its report on NRB Bearings. The research firm has assigned a fair value of Rs 135 per share. However, retained fundamental grade of 4/5 to the company.

KNR Constructions - Revenue improved owing to robust execution; order inflow is a key monitorable: CRISIL

CRISIL has come out with its report on KNR Constructions. The research firm has assigned a fair value of Rs 226 per share. However, retained fundamental grade of 4/5 to the company.

CMI - On high growth trajectory, but working capital is a key monitorable: CRISIL

CRISIL has come out with its report on CMI. The research firm has assigned a fair value of Rs 259 per share. However, retained fundamental grade of 3/5 to the company.

Supreme Industries - Destocking ahead of GST-a temporary blip, long-term growth intact: CRISIL

CRISIL has come out with its report on Supreme Industries. The research firm has assigned a fair value of Rs 1212 per share. However, retained fundamental grade of 5/5 to the company.

Orient Cement - Highest operating margin in two years driven by robust realisation growth: CRISIL

CRISIL has come out with its report on Orient Cement. The research firm has assigned a fair value of Rs 206 per share. However, retained fundamental grade of 3/5 to the company.

Hero MotoCorp - Revival in rural demand to drive FY18 volumes: CRISIL

CRISIL has come out with its report on Hero MotoCorp. The research firm has assigned a fair value of Rs 3404 per share. However, retained fundamental grade of 5/5 to the company.

Trident - Healthy free cash flows shift focus to balance sheet deleveraging: CRISIL

CRISIL has come out with its report on Trident. The research firm has assigned a fair value of Rs 128 per share. However, retained fundamental grade of 4/5 to the company.

CMI - Robust quarter ending with strong order book; but, receivables and inventory are monitorables: CRISIL

CRISIL has come out with its report on CMI. The research firm has assigned a fair value of Rs 259 per share. However, retained fundamental grade of 3/5 to the company.

NRB Bearings - Better growth prospects of the auto industry and entry into new geographies to support growth: CRISIL

CRISIL has come out with its report on NRB Bearings. The research firm has assigned a fair value of Rs 135 per share. However, retained fundamental grade of 4/5 to the company.

Apollo Hospitals - Relatively muted quarter; one-offs impact Chennai cluster’s performance: CRISIL

CRISIL has come out with its report on Apollo Hospitals. The research firm has assigned a fair value of Rs 1510 per share. However, retained fundamental grade of 5/5 to the company.

KNR Constructions - Strong operating performance led by robust execution: CRISIL

CRISIL has come out with its report on KNR Constructions. The research firm has assigned a fair value of Rs 226 per share. However, retained fundamental grade of 4/5 to the company.

TTK Prestige - Demand recovery on track after demonetisation: CRISIL

CRISIL has come out with its report on TTK Prestige. The research firm has assigned a fair value of Rs 6054 per share. However, retained fundamental grade of 5/5 to the company.

Astra Microwave - Year ends on a good note; Order inflow continues to be a monitorable in FY18: CRISIL

CRISIL has come out with its report on Astra Microwave. The research firm has assigned a fair value of Rs 157 per share. However, retained fundamental grade of 4/5 to the company.

Supreme Industries - Normal monsoon and value-added products to drive growth: CRISIL

CRISIL has come out with its report on Supreme Industries. The research firm has assigned a fair value of Rs 1212 per share. However, retained fundamental grade of 5/5 to the company.