Tata Power Company Limited (TPCL’s) Q3FY22 reported that PAT Consolidation increased by 72% Y-O-Y to RS. 426 crore, below our estimate RS. 790 crore mainly due to the impact on independent income in a steep decline in dividend income (RS. 55 Crore at Q3FY22 versus RS. 700 Crore in Q3FY21) and continued RS. 458 Crore […]
Buy Titan Company: target of Rs 2900: Sharekhan
Sharekhan Research Report on Titan Companies Titan witnessed a strong demand across its consumer business, with independent revenue growth of 36% Y-O-Y at Q3FY2022. Revenue grew by 18% in two years CAGR. We hope that OPM is higher by 150 bps because of better operating leverage. Jewelry business income grew by 37% Y-O-Y (29% CAGR […]