Ashoka Buildcon’s (ASBL) execution during 2QFY18 was hampered by one-offs related to (1) local agitation in the Eastern Peripheral Project and, (2) lower T&D re..
Stability gradually returning, play on rural growth
But pace of initial recovery appears to be slower than peers We recently met management of Colgate Palmolive (Indi..
Voltamp reported weak set of numbers as production was impacted by GST related uncertainty. This saw the clients delaying giving manufacturing clearance to the company. E..
Intrasoft Technologies is a technology driven, multi-channel online retailer. Company is a platinum seller on Amazon and is one of the top 100 Amazon marketplace sellers ..
Revenues for Q2FY18 reported a decline of 5% YoY due to unprecedented monsoons in its key operating regions, strained cash flows with channel partners owing to GST implem..
* Insecticides India reported a muted performance, with its revenue growing by just 1% yoy to Rs4.2bn, owing to weak demand and lower sales of certain generic products. G..
Better growth ahead
Mold-Tek Packaging's Consolidated Revenue and Net profit increased at 3.4% and 8.4% respectively on yoy basis. The company reported subdued qua..
* PNCL has reported standalone revenue of Rs2.7bn down 25% yoy (our estimate ~Rs3.6bn), marred by delays in getting requisite approvals and an extended monsoon.
Granules India’s (GRAN) 2QFY18 sales/EBITDA/PAT (before JV profits) at 3.93bn/ Rs 769mn/Rs 355mn were largely in line with EE. However, PAT post JV profits (Rs 403m..
MRPL reported lower than expected performance due to one-time exceptional charge and lower production. Despite 11% qoq and 12% yoy decline in crude throughput, MRPL repor..
* Simplex Infrastructure (SINF) has reported flattish Q2FY18 revenue of Rs12.4bn (decline of 1% yoy) on the back of slower execution in view of an extended monsoon.
Paradip refinery: Growing bigger and stronger
Running at full utilization We visited IOC’s INR345b, 15mmtpa Paradip refinery – one of the most complex ref..
BSNL to offer more data, validity under select prepaid plans
India's IOC buys U.S. Light Louisiana Sweet oil via tender
M&S seeks technology savings through Tata tie-up
PwC to fight SEBI audit ban to limit franchise impact
Infosys signs agreement with U.S. IRS; sees lower tax rate
Evening Update For16th July 2018 - JRG Sec
WPI inflation spikes to 4-yr high of 5.77% in June
Sugar production to be 35-35.5 million tonnes: ISMA
Airbnb breaches EU consumer rules, must fall into line - EU
The yield on the 7.17% government bond due May 2028 fell to 7.7913% - GEPL
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