Ambit

CFS looks to expand focus on downstream products

Whilst CFS has access to key feedstock through its Italian facility (Dahej plant start-up should boost integration further), focus is now on expanding presence in downstream products.

CFS, Camlin Fine Sciences, CFS to expand News

D-Mart’s Ebitda is 3x that of notional rental yield

Its EBITDA is 3x that of notional rental yield (15%) on capital employed, demonstrating the value addition of operations. Ability to accelerate store count on own store model is key to sustaining growth rate above 30 %.

DMart, Ebitda, Real estate ownership, CAGR  News

Ambit: Remain sellers on SBI with target of Rs 175

Management has put up a brave face citing potential synergies of Rs 35 billion from cost saving, integrated treasury and lower cost of funds.

Markets News

Raise Havells India’s target to Rs 375

Havells reported strong 11% y-o-y EBITDA growth (in line) in a weak market led by 18% growth in gross profit (margins up 300bps y-o-y).

Raise Havells India’s target to Rs 375

Industry growth flat compared with Rallis’ 14 per cent decline: Ambit

Standalone sales grew by 9% while EBITDA margins came off by 60bps y-o-y, leading to overall growth of 5%.

Industry growth flat compared with Rallis’ 14 per cent decline: Ambit
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