The second quarter was operationally in-line. On the call, management highlighted first 5 days of festive season have been subdued after the sudden increase in insurance costs, but it still expects overall festive retails to
Key takeaways from our recent meeting with PGCIL’s management: (1) Order book could double — visibility can improve substantially if PGCIL receives Rs 500-600 bn projects on nomination basis (cost-plus) to link 7-8 GW of
HCL Tech’s board has approved the proposal to buy back up to 36.4 million equity shares for an aggregate amount not exceeding Rs 4,000 crore, i.e, 2.6% of total paid-up equity share capital, at Rs 1,100 per share.
With new Vallam Vadagal facility ramping up, it can do a production of 950k units in FY19 . RE has started work towards phase 2 of its new plant and will have exit capacity of 1.2 mn per annum eventually, post which it will h
Giving an update on Vision 2022, Westlife’s management in the analyst meet highlighted that the company remains on track to expand to 450-500 restaurants, 300-350 McCafes and 300-325 McDelivery hubs by FY22.
Solid all-round performance, modest improvement in industry-leading working capital position, sharp jump in FCF (up 42% YoY) and 900 bps jump in RoE YoY were the key highlights of HUL’s FY18 performance.