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SumanSpeaks Independent Capital Markets & Geopolitical Intelligence · Estd 2006 Technology & Strategy · Global Data AI Isn't Replacing Businesses—It's Redefining Competitive Advantage Two years ago, the AI debate revolved around whether companies should adopt artificial intelligence. That debate is over. Today the question is no longer who uses AI, but who is actually building lasting competitive advantage from it. According to the latest global data, the answer is surprisingly few. Start with the headline gap: 88% of companies now use AI in at least one business function. Just 6% are turning that usage into a measurable, meaningful impact on their bottom line. That gap between adoption and value, not the technology itself, is the real story of this decade — and the data behind it is more precise, and more revealing, than the headlines su...
Engineers India Ltd: Buy
CMP: Rs.177
Target: Rs.185
Period: 7 days

Engineers India Ltd., Navratna public-sector undertaking, will announce its financial results on May 23 for the fourth quarter ended March 31, 2016.

IIFL estimates the company’s net profit to rise to Rs.91 crore at 46.1% Q-o-Q; however, it is likely to fall 16.7% Y-o-Y.

As per IIFL’s forecast, the company’s net revenue for Q4 FY16 is expected to soar to Rs.429 crore at 16.5% Q-o-Q; however, the same is likely to fall 12.2%,Y-o-Y.

Operating profit margin is likely to come in at 17.5%, with a Q-o-Q rise of 700 bps and 178 bps on a Y-o-Y basis. Not bad results at all. 

Moreover, the daily candle stick chart is giving some indication of the scrip bottoming out. In such circumstances it would be prudent to take position in the share of Engineers India Ltd at the CMP of Rs.177, for a short term target of Rs.185. SL--Rs.175 (strict). 

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