Cadila Healthcare’s Moraiya facility successfully completes U.S. FDA inspection.

ONGC consortium gets 10% in Abudabhi field for USD 600mn.

Petronet LNG: India’s biggest importer of gas and its Japanese partners will invest $300 million to set up Sri Lanka’s first liquefied natural gas (LNG) terminal near Colombo.

Dredging Corp secures Rs 30.76 cr contract for dredging of naval sites at Mumbai.

Aditya Birla Capital to launch ARC business this quarter.

Mahindra & Mahindra Q3 (YoY): Revenue up 10.3 % at Rs 11,491.5 cr. Net Profit up 16.8 % at Rs 1305 cr. EBITDA up 19.6 % at Rs 1693 cr. Margins 14.73 % Vs 13.6 %.

Meghamani Organics Q3 (YoY): Revenue up 40.4 % at Rs 450.43 cr. Net profit up 130.9 % at Rs 62.61 cr. EBITDA up 93.4 % at Rs 117.2 cr. Margins at 26 % versus 18.9 %.

VA Tech Wabag Q3 (YoY): Revenue up 20.3 % at Rs 864.7 cr. Net profit at Rs 30.06 cr Vs net loss of Rs 2.56 cr. EBITDA down by 2.2 % at Rs 77.67 cr. Margins at 8.9 % versus 11.1 %.

Stocks To Watch:

New User?Register Now

Research Disclaimer

Proficient Equities Pvt. Ltd. is engaged in services of retail broking and shares research data and reports periodically with clients, investors, stakeholders and general public in compliance with SEBI Act, 1992, SEBI (Research Analysts) Regulations, 2014 and/or any other applicable directives, instructions or guidelines issued by the Regulators from time to time.

Proficient Equities Pvt. Ltd. (hereinafter referred to as “Proficient”) is a registered Member of NSE Limited, BSE Limited, MSEI Limited and its associate is member of MCX and NCDEX stock Exchange. It is also registered as a Depository Participant with CDSL.

Our research report is for your general information only and reproducing, re-circulating, publishing it in any media,website, in partial form or as a whole, without the express consent of Proficient Equities Pvt. Ltd. is prohibited. The
report is meant solely for use by the original recipient to whom it is sent. It does not take into account the particular investment objectives, financial situations, or needs of individual clients. The recommendations, if any, made herein are expression of views and/or opinions and should not be deemed or construed to be neither advice/offer for the purpose of purchase or sale of any securities mentioned herein. Investor should rely on information/data arising out of their own investigations. Investors are advised to seek independent professional advice and arrive at an informed trading/investment decision before executing any trades or making any investments.

Proficient or its associates including its relatives/analyst do not hold any financial interest/beneficial ownership of more than 1% in the company covered by Analyst. Proficient or its associates/ relatives neither has been debarred/suspended by SEBI or any other regulatory authority/exchange for accessing/ dealing in securities Market nor have any material conflict of interest. Proficient or its associates/ analyst have neither received any compensation from the company covered by Analyst during the past twelve months nor any subject company have been a client of Proficient during the past twelve months. Proficient or its associates has not received any compensation or other benefits from the company covered by analyst or third party in connection with the research report. The Analyst has not served as an officer, director or employee of company covered by Analyst and Proficient has not been engaged in market making activity of the company covered by Analyst.

The views expressed are based solely on information available publicly available/internal data/ other reliable sources believed to be true.Proficient does not represent/ provide any warranty express or implied to the accuracy, contents or views expressed herein and investors are advised to independently evaluate the market conditions/risks involved before making any investment decision.

SEBI Research Analyst Reg. No. INH 300002498
Proficient Equities Pvt. Ltd.