Repossession activity to be impacted by 75-80%.
NITEC’s Q1FY18 CC revenue growth of 1.4% q-o-q, excluding one-time revenue gains in Q4, was largely in line with our…
Divi’s Laboratories (DIVI) has been informed by the US FDA that it will lift the import alert under clause 99-32…
United Breweries (UBBL) has planned a slew of new launches in FY18, which is encouraging. After the successful launch of…
Among the elite, affluent and aspirers category of customers, PAGE’s men’s innerwear products account for only 18.5% of the potential…
JKBK reported net loss of Rs 5.5b in Q4FY17 owing to elevated credit costs (~5% annualised).
Post QIP of Rs 5b, Manpasand Beverages’ (MANB) plan to double capacity from 177,500cpd to 377,500cpd is largely on track.
Sanofi India (SANL) reported weak Q1CY17 results. Revenue declined 9.1% y-o-y to Rs 5.5b (~8% below est.). EBITDA fell ~21%…
NIIT Technologies’ (NITEC) Q4FY17 revenues (excl. one-time settlement gains) grew 3.4% q-o-q (+4.6% y-o-y) to Rs 7.16b, above our estimate…
JSW Energy’s (JSWE) Q4FY17 EBITDA was down 48% y-o-y/11% q-o-q to Rs 5.9b due to lower generation (demand), shutdown at…
Due to a weak Q4 and ongoing reconstitution of the business, FY17 revenue grew by 3.5% y-o-y CC.
The long-term opportunity for GUJGA is sizable, given just 18% penetration in the PNG-domestic segment and 30% penetration in the…
The recent capital raise of `49 billion (30% of December 2016 net worth) has added ~300bp to Yes Bank’s (YES)…
Large orders in defense, infrastructure, hydrocarbons are likely to slip to FY18. This, however, was factored in order inflow growth…
ICICIBC reported PAT of R24.4 bn (9% beat, -19% y-o-y) due to stronger-than-expected core PPoP performance.
LIC Housing Finance (LICHF) reported Q3FY17 net profit of R5.0 bn (+20% y-o-y), 6% below our estimates.
Domestic Engineering & Construction is likely to witness a slowdown in execution in H2FY17 on account of demonetisation and continued…
While long-term fundamentals remain intact, stock will stay range-bound in the near term
