Buy Tata Communications; Rs 9** target: Emkay Global Financial

TCOM Data reported healthy growth in revenue, through increased traction for its connectivity solutions. EBITDA increased QoQ by 20% on cost savings (Structural and COVID-19-related). However, once the situation is normal, COVID-related savings should be moderate. After the positive change in EBITDA in FY20, Growth Services continued to grow in profitability, while the Innovation Services segment continued to pull performance, although the loss was small. TCOM recorded strong order flows – the highest in the last two years. The strategic transition from product player to an integrated solutions provider is greatly enhanced for TCOM. The firm’s growth platforms/pillars are well defined, with financial targets of double-digit EBITDA growth and 20% RoCE over 3 years, along with debt reduction.

OUTLOOK

Management performance in GDS is strong and management is confident in revenue growth. We estimate the EBITDA CAGR to be 11% and Rs 55 billion higher than the FC21 generation FY21-23E. We will resume coverage with purchase rating and SoTP-based TP at Rs.950.

Comments

Buy Marico, Tata Consumer Prdts Future, Voltas Future and HPCL Future

Marico Ltd (MRCO) is a buy call with a target of Rs. 370 and a stop loss of Rs. 350. Tata Consumer Products Ltd Future is a buy call with a target of Rs. 440 and a stop loss of Rs. 415; last traded price: 424.75. Voltas Ltd Future is a buy call with a target of Rs. 595 and a stop loss of Rs. 570; last traded price: 580.00. Hindustan Petroleum Ltd Future is a buy call with a target of Rs. 234 and a stop loss of Rs. 218; last traded price: 223.65.

How is Sensex Calculated? || History of Sensex (BSE ) ?

What is the Free-float market capitalization? Free float stands for the shares that are open for trading . All shares may not be Free-floating. The Free-floating market capitalization is calculated by taking the equities price and multiplying it by the number of shares readily available in the market. What is Market Capitalization? Market capitalization refers to the total dollar market value of a company’s outstanding shares . It is the combined worth of all the stocks of different companies within stock exchanges . This market capitalization is again multiplied by the free float factor to determine the free-float market capitalization. Market capitalization is one of the most important characteristics. That helps the investor determine the returns and the risk in the share. It also helps the Investor choose the stock. That can meet their risk and diversification criterion. Sensex is Calculated How Sensex Works Example: Suppo...

What is Bigo Live| Bigo Live Wiki

What is Bigo Live? | Bigo Live Wiki: Live streaming applications area unit rising in range, and one such on-growing broadcasting application is Bigo Live. it's a social tool that permits you to connect with folks from anyplace through live videos. Bigo Live allows you to share live broadcasts in public with only one click. Bigo Live is that the most well liked video broadcasting app on the mobile platform with that you'll be able to begin your live stream and watch videos of the gifted performers. Follow many folks, channels and find out an entire new world of potentialities. Bigo Live may be a video broadcaster that's supported voice net Protocol.One may showcase the hidden skills like saltation, singing, cookery and a lot of. you'll be able to conjointly mention movies and its reviews, provide makeup and fashion tutorials and far a lot of supported your interest. Follow folks from anyplace and obtain notifications once they area unit broadcasting. you'll be abl...

ACOS LAUNCHER APK

Search This Blog