What is the brokerage view after the results? What is VODAFONE and MOTHERSON SUMI?

The results of Vodafone were better than anticipated. The company’s loss decreased from Rs 7200 crore to Rs 4532 crore. The auditor has raised concerns about Vodafone’s financial health.

In the December quarter, Vodafone Idea has seen an improvement in revenue per user (ARPU) and has increased to Rs 121 per user, compared to Rs 109 in the September quarter. Also, before paying tax and interest to the company, EBITDA margin increased by 3.2% to Rs 4286.2 crore on a quarterly basis.

VODAFONE IDEA

CLSA’s opinion on VODAFONE IDEA

CLSA has given an underperform rating on the VODAFONE IDEA and set the target at Rs 12.

Opinions on VODAFONE IDEA of UBS

UBS has given a neutral rating on the VODAFONE IDEA and has fixed the target at Rs 10.

Opinion on CREDIT SUISSE on VODAFONE IDEA

CREDIT SUISSE has given an underperform rating on VODAFONE IDEA and has fixed the target at Rs 6.

Opinion on VODAFONE IDEA of GOLDMAN SACHS

GOLDMAN SACHS has a sell rating on VODAFONE IDEA and set the target at Rs 3.20. He says that the company’s subscribers have plummeted and market share continues to decline. The results are under pressure compared to the sector. They have reduced its estimate due to poor performance. He further said that raising funds once is just a permanent solution and EBITDA needs to be 4 times the current level.

MOTHERSON SUMI

Motherson Sumi’s profit in the third quarter ended 31 December 2020 increased from Rs 340 crore to Rs 1,268.3 crore on an annual basis.

At the same time, in the third quarter, Motherson Sumi’s revenue has grown by 13.9 percent year-on-year. The company’s revenue in the quarter stood at Rs 17,092.4 crore as against Rs 15,000.1 crore in the third quarter of last year.

Opinions on MOSL’s MOTHERSON SUMI

MOSL has a buy rating on MOTHERSON SUMI and set the target at Rs 225.

Opinions on NOMURA’s MOTHERSON SUMI

NOMURA gave a buy rating on MOTHERSON SUMI and set the target at Rs 252.

Opinions on KOTAK’s MOTHERSON SUMI

KOTAK has given an ADD rating on MOTHERSON SUMI and has fixed the target at Rs 200. He says the third quarter results were better than anticipated. At the same time, better growth is expected from EV’s orderbook. Along with this, cost support, margin orders from premium orders continue.

Add a Comment

Your email address will not be published. Required fields are marked *