The second quarter was operationally in-line. On the call, management highlighted first 5 days of festive season have been subdued…
Sobha continued to report strong volumes at 1 msf (up 20% YoY) in Q2 totalling Rs 7.4 bn (Sobha’s share…
Voltbek (Voltas-Arcelik JV) substantially improves Voltas’ right to win against entrenched players in key categories.
Endurance enjoys high share of business (>80%) with Bajaj Auto and Royal Enfield (RE) – these are the only OEMs…
India is on the cusp of the $-2,000 GDP per capita mark that studies have shown leads to a disproportionate…
PNGRB’s tariff hikes for GAIL’s 4 pipelines (18% of gas transmission volumes) were much anticipated and will increase blended tariff…
Infosys has signed a definitive agreement to acquire Fluido, a Salesforce advisor and consulting partner in Nordics.
Management expects vertical to deliver mid-single digit growth in FY19E (implying 5%+ CQGR over Q2-Q4FY19), accelerating to low double digit…
Stock’s cheap valuations are expected to go up; upgraded to ‘Buy’ with TP of Rs 243.
Prospects for the long-term are healthy; needs tie-ups with field experts for new initiatives; ‘Hold’ retained
We attended the launch event of M&M’s new MPV — the Marazzo — in Nashik. In most aspects, the product…
Key takeaways from our recent meeting with PGCIL’s management: (1) Order book could double — visibility can improve substantially if…
Underlying confidence on delivering double-digit volume growth for remaining M9FY19 was high led by rural-led demand uptick.
Volume outlook remains strong; earnings CAGR of 22% estimated over FY18-20; ‘Buy’ retained with TP revised to Rs 11,187.
Jubilant Foodworks continued its strong momentum into FY19 delivering another quarter of beat led by positive surprise in SSSG (up…
Franchise is improving; a host of negatives make stock an expensive bet at current levels; ‘Hold’ maintained.
HCL Tech’s board has approved the proposal to buy back up to 36.4 million equity shares for an aggregate amount…
Staples likely to outperform discretionary pack; revenue and Ebitda/PAT growth of 12% and 20-22% expected
