In our view, the government’s decision to cut the corporate tax rate bodes well for Jubilant Foodworks as it was…
Jewellery sales declined sharply with a sudden surge in gold prices denting consumer demand from mid-Jun’19.
Although July-September is the strongest quarter for the industry, softening BFS momentum (owing to macro concerns in Europe and weak…
NTPC has completed trial-run operations at full load for unit-1 on 29th Sep’19 and will likely commercialise the unit this…
“We hope for some recovery in overall sentiment in H2FY20 on the back of good monsoon and government-led stimulus.”
Further, ARPU accretion from broadband subscribers (2x ARPU v/s voice only subs) is likely to contribute to growth.
Recent corporate tax benefit behind ~12% rise in EPS for FY20/21e; \ TP raised to Rs 336 from Rs 305;…
Accordingly, the share of ULIP in total APE has declined to ~70% from ~85% in FY17, while that of the…
BFS vertical (40% of total revenues) is highly skewed toward capital markets. Both buy- and sell-side firms contribute ~80% of…
While inquiries have risen for 2W/PVs, MHCVs continue to feel pinch; limited pre-buy expected across segments
The comprehensively re-engineered Land Rover Discovery Sport will be launched in China later this year further solidifying its position as…
The proposed transaction is expected to be completed in 3QFY20, subject to finalisation of definitive agreements, customary closing conditions and…
LEMONTRE had a debt of Rs 12.66 bn; of this, 55% can be attributed to adult hotels, which have the…
Standalone revenue increased 23% to Rs 25.3 bn in FY19, primarily led by Westside (+18%) and Zudio (newly started fast…
Malpractice in cotton trade from November 2018 to June 2019 by two international customers, which delivered stock of sub-standard quality.…
Execution of the strategy will be key; fair valuations, moderate growth prospects behind ‘Neutral’ rating.
The share of new loans booked from consumer durables (CD) declined meaningfully from 71% in FY17 to 54% in FY19.
The company has reported improved walk-ins, inquiries and retail sales since the last week of Aug’19.
