We believe Voltas, the market leader in room ACs in India with a well-run cash-generating business, is the best play…
YES Bank has been one of the fastest growing mid-sized banks in India, and with new capital, it has now…
The strong near-term earnings momentum was led by cyclical businesses and margins may have peaked.
Decent domestic trends (Lesser than feared impact of demonetisation, balanced budget, UP poll results and progress on GST), stable dollar…
Roche settlement on trastuzumab paves way for its potential launch in H2CY18
Laurus’ global leadership in select, high growth APIs/ therapies and efforts to move up the value chain into formulations augur…
Concentration risks and profitable growth key concerns on stock
The business has TV assembling operation and will source ACs & Washing machines from Lloyd Electric and other manufacturers initially.
‘Neutral’ rating maintained given the limited price upside
Royal Enfield revenues were in line with estimates. A slight dip in gross margins was offset by lower SG&A, resulting…
The third quarter was an encouraging one, not just in terms of financials but also several positive trends in the…
Third quarter revenues at Rs 1,700 crore illion were 2% ahead of our estimate. Gross margins rose 120 bps q-o-q…
Post a legal restriction, we resume coverage on HZL with a buy, TP R235. HZL’s valuations are highly correlated with…
Mylan’s launch of gFortamet is on expected lines. Fortamet has been a key product for Lupin and particularly profitable after…
We had a quick conference call with management this morning.
We resume coverage on Ambuja and ACC post a period of legal restriction. Following the recent amalgamation, Ambuja now owns…
Sun reported 10%, 7%, 21% and 19% y-o-y growth in revenues, EBITDA, EBIT and PAT respectively – headline nos were…
After a very strong Q1FY17, management reiterated its positive outlook on the Royal Enfield business. Management expects growth momentum to…
