‘Steel cos EBITDA/tonne to rise sequentially in Q4,’ says ICICI Direct Research; here's why

Steel companies will probably report volume growth on a sequential basis that is between 8 and 13% QoQ.

Two brokerages maintain ‘buy’ rating on HG Infra, see up to 25% upside – key reasons

Brokerages reported that the company has made about 8% progress on the Ganga Expressway in the first four months and is optimistic about finishing the project earlier than expected in about 24 months rather than the allotted 27 months; it is aiming for the early completion bonus of about  <span class='webrupee'>₹</span>50 crore.

ICICI Direct's top 9 stock picks for March: Ambuja Cement, HDFC Bank and more

<ul><li>The brokerage in its report stated that any dips should be used to build a long-term portfolio of quality companies that have lean balance sheets and are capital efficient in nature and possess growth longevity. The brokerage is positive on sectors like capital goods, auto, infrastructure and banks.</li></ul>

Q3 Earnings Preview: ICICI Direct says all EPC companies to post strong order inflows — top 5 stock picks

<ul><li>A reasonable improvement in execution for EPC firms like Larsen &amp; Toubro, KEC International, and Thermax is expected to cause the overall revenue in the brokerage's coverage to increase by 9.1 percent on an annual basis.</li></ul>

Top Icici Direct Research News

markets

‘Steel cos EBITDA/tonne to rise sequentially in Q4,’ says ICICI Direct Research; here's why

markets

Two brokerages maintain ‘buy’ rating on HG Infra, see up to 25% upside – key reasons

markets

ICICI Direct's top 9 stock picks for March: Ambuja Cement, HDFC Bank and more

markets

Q3 Earnings Preview: ICICI Direct says all EPC companies to post strong order inflows — top 5 stock picks