Britannia’s Q1 FY19 revenue (grew 12.4% y-o-y) was in line while Ebitda (up 18.5% y-o-y) and PAT (up 19.6% y-o-y)…
NEST Q2CY18 revenue, Ebitda and PAT came in line with our expectations. 14.5% year-on-year LTL growth in the domestic sales,…
NIMs saw weak trend; comparisons difficult due to IND-AS; FY19 estimates up 8%; ‘Hold’ maintained with TP revised to Rs…
DMART revenues stood at Rs 45,594 million and saw 26.7% y-o-y topline growth coming on a high base of 35.7%…
YES posted 30% net income growth. The key negative was a much lower NII growth (23% year-on-year) against a strong…
NII growth trajectory weakened to a low point last witnessed in FY14, driven by 20bp lower NIM (time deposits grew…
Indian metal companies should report strong 1Q results. Steel cos should benefit from the full impact of 4Q price hikes,…
Constant ccy growth rates for FY19-21e up to 10-11.5%; upgraded to ‘Buy’ with TP rising to Rs 2,140 from Rs…
Topline/Ebitda estimates up 2/4% owing to strong execution and a Q1FY19 that bettered expectations; TP raised to Rs 2,580
We expect divergent growth performance by top tier IT services cos in 1QFY19E with TCS leading at 3.8% QoQ constant…
Future lifestyle fashions (FLFL) has acquired a 29.9% stake in Koovs (Koovs Plc) for approx. R140 crore, giving it access…
SHTF has provided guarantee (Rs 8.7 bn) for NCDs issued by SVL Ltd., an unlisted Shriram group co. With SVL/subsidiaries…
The asset-liability gap is tighter than ever, auguring well for NIMs; risk-based pricing principle driving earnings; TP up to Rs…
Business mix and access to SBI’s branches work in company’s favour; robust individual NBP growth is likely to be sustained.
Broader JV with Thyssen should be on track, but Tata may be willing to adjust deal terms given recent divergence…
India’s LNG imports were flat m/m in May but rose 17% y/y, boding well for PLNG where Dahej unit was…
The product mix is slowly shifting towards Ulips as stringent cap on surrender charges offer better proposition to policyholder than…
With the exit of RCOM and Aircel, most large operators gained market share. Idea was the only large operator to…
