The Indian apparel market at $56 billow is the second-largest retail market behind food and grocery.
With lower capex requirements/working capital improvement, ASTRA would see strong cash generation which could be ploughed back for acquisitions or…
Discom demand (80% share) continued its strong trajectory (buy bids up 22% YoY) – discoms of Odisha (15%), Bihar (16%),…
VBL’s acquisition of franchise rights of South and West regions from PepsiCo gives it near control of pan-India operations of…
FY19-21e EPS down 6-10% given the challenges in US market; TP reduced to Rs 610
Company plans to gain market share in its strong circles with focused capex spend, as it expects its share in…
Though order backlog of Rs 129bn provides revenue visibility, any mismatch in appointed dates (post Q1FY20) would impact the execution…
Overall revenue growth at 7.5% was led by ~8.7% volume growth and negative price/mix-led growth due to adverse country mix…
Weak Q3 volumes to recover in Q4; FY19/20/21e EPS cut to factor in lower realisation; target price revised to Rs…
Sun TV’s thrust on content investment across languages – existing (led by Tamil, Telugu, Kannada) and new (Bangla, launched in…
While Q4 volumes are expected to be higher, realisation is likely to go down; ‘Buy’ retained with revised TP of…
Bata delivered a blockbuster quarter operationally with a 16% revenue growth and a 47-51% Ebitda/PAT growth (15-20% ahead of our…
SMP’s plant at Tuscaloosa (USA) has begun operations during the quarter.
GRMs have been trending weak currently on low light-distillate cracks but we expect them to recover Q2CY19 onwards as refiners…
JIO’s combined offering of cable/ broadband (through FTTH) remains a medium term threat, but DITV is well placed given 65…
Q3 performance: Equitas reported PAT of Rs 62.50 crore, ahead of our estimate of Rs 57.10 crore. There was improvement…
TechM has been acquiring capabilities through small tuck-in acquisitions (Inter-Informatics and now Dynacommerce).
Given strong power demand outlook and limited capacity addition (renewables too slowed considerably), we expect thermal PLFs to improve going…
