Stellar performance led by strong growth in CV production volumes
Jamna Auto Industries (JAI) reported strong set of numbers in Q1FY19, which were higher than our est..
Cloud Drives Growth
Aided by investments in cloud and key initiatives like the IBM partnership, Majesco Limited (Majesco) reported a decent set of numbers for 1QFY19. ..
Lacking clarity of direction; Downgrade to Reduce
* GE T&D (GETD) reported better-than-expected performance, driven by steady execution and improvement in op..
Higher profits led by SIES income
* EXIM segment drives margins:
Revenue (excluding SIES income) grew 3% YoY to INR14.98b (our estimate was INR16b), led by ..
US business and margins surprised negatively
Reason for report: Q1FY18 result review and recommendation change
Lupin reported Q1FY19 performance below our estimates..
Subdued performance continues, revival to take time
Srikalahasthi Pipes Ltd’s (SPL) Q1FY19 numbers (YoY) were disappointing and below our estimates on all param..
Strong Performance; Outlook Remains Positive
Apollo Tyres (ATL) has reported a strong performance on revenue front in 1QFY19 mainly led by higher volume across segment..
Recovery in core business begins, concludes TIS acquisition
* MPS reported revenue growth of 13% qoq at Rs721mn for the quarter ahead of our estimates. Rev..
Exhibiting consistency in revenue; under review until demerger
* Revenue in-line:
KPIT’s 1QFY19 revenue grew 12% YoY (flat QoQ) to USD151m, in line wi..
Plant shutdowns lead to weak Q1FY19
Reason for report: Q1FY19 result review and recommendation change
Adani Power (Adani) reported losses of ~Rs8.3bn in Q1FY19 vs l..
Steady quarter; future growth to be driven by improvement in footfall
Wonderla Holidays posted steady performance for Q1FY19, on back of increase in footfalls. Net rev..
Above Par Performance; Upgrade to BUY
Ajanta Pharma (AJP) has delivered a better-than-expected performance on all operational metrics in 1QFY19 led by strong sales gro..
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
Railway`s operating ratio crosses 111 per cent-mark in July
Smart Industrial Port City project begins in Odisha port
Global cues, rupee to chart course of equity indices (Market Outlook)
Iran says no OPEC member can take over its share of oil exports
Walmart acquires 77% stake in Flipkart Group
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