Now Reading: Motilal Oswal Reviews Q1 Results Of Three Companies
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Motilal Oswal Reviews Q1 Results Of Three Companies
Motilal Oswal’s first-quarter review covers Bharti Hexacom, Happy Forgings and Ventive Hospitality, NDTV Profit reports. Bharti Hexacom continued to benefit from wireless growth and free cash flow generation, while Happy Forgings posted…
The Story in Brief
Motilal Oswal’s first-quarter review covers Bharti Hexacom, Happy Forgings and Ventive Hospitality, NDTV Profit reports. Bharti Hexacom continued to benefit from wireless growth and free cash flow generation, while Happy Forgings posted another quarter of margin expansion.
The review also discusses target prices, but the available material gives no figures, ratings or detailed assessment of Ventive Hospitality’s results and outlook. It also excludes revenue, profit, margin and target-price numbers. The report presents analyst views alongside quarterly performance, so the full report and company filings are needed to assess the scale and durability of the trends.
The Indian Opinion
The upbeat language may tempt investors to treat two positive operating signals as proof of strong, lasting returns. That would be a lazy reading. The available account gives no numbers for growth, margins, cash flow or valuations, and says little about Ventive Hospitality. Target prices are broker opinions, not promises. The useful test is whether the companies’ filings show sustained margins and cash generation in the next reported quarter.
Source: ndtvprofit.com
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