FY21-23e EPS up 99/65/28%; ‘Buy’ retained with TP of Rs 220 given the valuations
MLL employs about 1,200 people on an average (1,400 at peak), including 800 involved in the operations. We also visited…
The upward revision in FY19 CC revenue growth guidance – translates to 0.1%-1.9% (JMFe) QoQ growth in 4QFY19 should give…
Sobha reported contracted sales at Rs 6 bn, 2% decline y-o-y (-3% q-o-q), as sales were muted on delayed launches…
16% EPS CAGR estimated over FY19-21 owing to ramp-up in large deals and strong pipeline; initiated with ‘Buy’ and TP…
ZENT is positioning itself as a challenger to the scale players in clients with significant IT spend (7/15 of the…
We move Asian Paints to ‘buy’ from ‘hold’ as we now find valuation to be in a reasonable zone after…
FY19e PAT down 3.4% due to slippages of `15.4 bn for fiscal; ‘Buy’ maintained.
In 2QFY19, Hero Motocorp (HMCL) reported an EBITDA margin of 15.2%, lower by 40bps QoQ, owing to higher other expenses.
Cummins India (KKC)’s balance sheet has seen a stark change in the past five years, with increased allocation to investment…
ZEEL flagship Zee TV further extends its lead in pay GEC space; regional portfolio also on an uptrend: Based on…
Phoenix Mills announced acquisition of under-construction mall (Shan-E-Awadh Mall) in Lucknow from Lucknow Development Authority (LDA).
In 4QFY18, Torrent’s revenues grew 20% YoY to Rs 17,22 crore beating estimates by 5 %. Growth was mainly driven…
In 4QFY18, Tata Motors reported consolidated EBITDA margin of 13.1% (-220bps YoY), impacted by subdued performance at JLR lead by…
The demand pipeline looks promising with states such as Telangana, Karnataka and Delhi expected to follow suit.
In Hindi movies genre (urban + rural), Sony Max surged ahead of Rishtey Cineplex to take the lead, whereas Zee…
Gross slippages for the quarter were at 4.3% annualised as Federal Bank was impacted by the new stressed asset resolution…
Overall investment in Island Star Mall by CPPIB has been Rs 1,660 crore higher than initially guided at the time…
