Forex MTM of lease liability has no cash implications; will not impact normalised earnings.
Privatisation may improve the broader market sentiment while sale to IOC is likely to hit investor sentiment, especially in PSUs.
Given demand challenges, FY20/21e EPS down 1/7%; TP revised to `1,089
Company has maintained its guidance for specialty chemical business; ‘Hold’ retained
Considering the quantum of amount notified, the ADD would make the Chinese and Korean imports (constituting 30% of India’s overall…
Further, with the expected growth traction in decorative veneers, PVC sheets and low-end plywood segment (under brands ‘Jan Saathi’ and…
Recent mandate by the authorities in GCC for complete insurance coverage has increased healthcare affordability for the low income group.
We believe SMP has undertaken various measures to improve productivity, cost synergies and reduce wastage.
Under the DMO, introduced just before the elections in Indonesia, 25% of the mine production was to be sold to…
Concor has felt the impact of lower exports in certain segments (i.e. 35-40% of Concor’s export cargo is meat to…
We note the stock price correction of 30% over the past four months offers an attractive entry price and we…
Strong order intake of $324 million reflecting a book-to-bill ratio of 1.23x should drive pick-up in revenue growth from Q2…
Wholesale channel witnessed a sharper sequential slowdown. BaCo did no business in the Canteen Stores Department due to procedural issues…
Growth in the adhesive segment is likely to be back-ended in FY20 due to the shift currently happening from a…
Volume performance of JSPL remains strong with an 18% YoY increase while Tata/JSWS witness 0/(2)% moves.
UNOSUGEN, the brownfield expansion of the SUGEN plant, had signed up 278MW of its 382.5MW capacity with Distribution License (TPL-D)…
Though near term earnings of Kaveri are under pressure, we remain positive on the company as the stock is at…
Rural inflation
