Spot LNG prices in Asia-Pacific increased from $4.2/mmbtu in May 2016 to $8.0 in December 2016 and as much as…
Domestic air passengers in India grew + 22.6% y-o-y to 8.9 million in November 2016 (v/s +24.8% a year ago;…
While gold loan business generally runs on cash, MUTH has significant amount of non-cash business too. Management indicated that around…
Tonnage declined ~15% y-o-y (-6% q-o-q) to 46,200MT, implying negative growth for the fourth consecutive quarter.
DBEL and OCL India in their respective board meeting on 5th November 2016 approved the amalgamation of DBEL with OCL.
Revenues at `554cr were 4% ahead of our estimate of `538cr and increased 9% y-o-y driven entirely by volume growth.…
Emami’s (HMN) sales grew 10.2% y-o-y to R5.8 billion (Ind-AS) in 2QFY17. EBITDA rose 15.1% y-o-y. PAT before amortisation increased…
V-Guard Industries’ revenue increased 14.2% to `4.95 billion (our estimate: `5.2 billion) in 2QFY17 from `4.33 billion in the year-ago…
PAT grew 16% y-o-y to `464 million (15% beat). This is the first quarter of reporting post the company’s conversion…
Topline declined 2% y-o-y due to lower RMC and white cement revenues
NIIT Technologies’ revenues grew 3.5% q-o-q to $ 103 million (our estimate: -0.8% q-o-q), largely led by strong growth in…
We recently spoke with listed and unlisted manufacturers, distributors and dealers of room air conditioners to understand the sales trends…
Valuations do not factor in sustained spread improvement; stock is set for a re-rating
Jammu & Kashmir Bank (JKBK) hosted an investor conference call to spell out its strategy (already communicated through a press…
Sun Pharma’s (SUNP) FY16 annual report analysis highlights muted performance. Revenue grew just 3.2% to R283 billion while EBITDA margin…
MCX expects options to be launched by this year-end, with trading to begin in 4QFY17.
After growing its AUM at a 36% CAGR over FY07-13, SCUF went into consolidation mode, given the challenging macro environment.
Consensus estimates suggest further downside risks to FY17 revenue growth, given ask rates of 2.6-3.8% in H2FY17, a tough proposition…
