Billings fell 31% YoY in 1HFY21. The same reflected in the 15% revenue decline during 3QFY21, given the subscription-based model…
Crude oil production has reached last year’s levels, while gas is still marginally lower YoY due to lower offtake by…
Subscriber mix was behind healthy ARPU rise; trend of robust subscriber growth persists; net debt, interest cost up; ‘Buy’ maintained
Escorts (ESC)’s 3QFY21 performance was in-line, with strong profitability and over 80% PAT growth.
On the asset quality front, controlled slippages led to a 6bp Q-o-Q rise in the pro forma GNPA ratio, while…
Prudential provisioning to aid earnings; FY22/23e EPS up 21/10%; maintain ‘Buy’ with target price of Rs 750
Higher other income boosted PAT growth by 24% to Rs19.4billion (v/s our estimate of Rs20.3billion.
Ebitda CAGR of 18% is estimated over FY21-23e; positives priced in; ‘Neutral’ retained with TP of Rs 268; promoter move…
A tie-up between Pimpri Chinchwad corporation and a start-up has led to substantial revenue gains for the body and plugging…
While domestic 3W recovery might be delayed, it is vulnerable from a possible disruption from electrification.
IRB’s consolidated financials are not comparable Y-o-Y due to the monetisation of nine assets through the InvIT route and consolidation…
As a result, we expect KECI to surpass FY20 order inflows in FY21 (+11% YoY) v/s our earlier assumption of…
While Covid-19 has led the CHG segment to take a temporary back seat in terms of growth, it has aided…
New products aiding market share gains; FY21e EPS up 8%; ‘Buy’ maintained with target price of Rs 255
LTI is up ~130% since its inclusion in our model portfolio (in 3QFY20) and is currently the most expensive (28x…
Channel performance, General trade and e-commerce continued to drive growth. Modern trade fared better in 3Q compared to 1HFY21. CSD…
SYMC resolution in sight; move on Ford JV to have limited impact on SUV biz; company best proxy for a…
We expect margin trajectory to stay stable, aided by improving CASA mix and shedding of high cost certificate of deposits…
