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Views on Grasim Industries Ltd. Q2FY25 Result by Manish Chowdhury, Head of Research, Stoxbox Below the Views on Grasim Industries Ltd. Q2FY25 Result by Manish Chowdhury, Head of Research, Stoxbox   * The company earned a revenue of Rs. 33,563 crores for Q2FY25 (up 11% YoY / down 1% QoQ), driven by strong performance from its diversified business portfolio. * The company’s consolidated EBITDA stood at Rs. 4,042 crores for Q1FY25 (down 1% YoY / down 10.3% QoQ). EBITDA margin was down to 17.9% in Q2FY25 from 20% in the same quarter for the previous year due to nar...
Views on Grasim Industries Ltd. Q2FY25 Result by Manish Chowdhury, Head of Research, Stoxbox
Views on Grasim Industries Ltd. Q2FY25 Result by Manish Chowdhury, Head of Research, Stoxbox
Source: StoxBox
2024-11-16 01:46:59 pm
Quote on Power Grid Corporation of India Ltd Q2FY25 Result by Manish Chowdhury, Head of Research, StoxBox Below the Quote on Power Grid Corporation of India Ltd Q2FY25 Result by Manish Chowdhury, Head of Research, StoxBox   * Power Grid Corporation reported a revenue of Rs. 11,278 crores (up 2.5% QoQ / up 0.1% YoY), surpassing the estimated revenue of Rs. 11,271 crores. * The company earned an EBITDA of Rs. 9,701 crores (up 5% QoQ / down 2% YoY), and the EBITDA margins stood at 86.0%, which was 87.2% in the previous quarter and 87.9% in the quarter ended September 2023. * The c...
Quote on Power Grid Corporation of India Ltd Q2FY25 Result by Manish Chowdhury, Head of Research, StoxBox
Quote on Power Grid Corporation of India Ltd Q2FY25 Result by Manish Chowdhury, Head of Research, StoxBox
Source: StoxBox
2024-11-07 12:33:35 pm
HDFC Life Insurance Co. - Q2FY25 Results by Manish Chowdhury, Head of Research, StoxBox HDFC Life Insurance Co. Ltd. H1FY25 First Cut - Strong new business growth; VoNB margin remains a concern * The individual annual premium equivalent (APE) during H1FY25 recorded a growth of 31% YoY to Rs 5,864 crores, while the total APE rose 25% YoY to Rs. 6,724 crores. The topline growth can be attributed to a rise in the number of policies sold and a balanced product mix. * Profit after Tax rose to Rs. 911 crores in H1FY25, up 15% YoY. * Assets Under Management (AUM) increased to Rs. ...
HDFC Life Insurance Co. - Q2FY25 Results by Manish Chowdhury, Head of Research, StoxBox
HDFC Life Insurance Co. - Q2FY25 Results by Manish Chowdhury, Head of Research, StoxBox
Source: StoxBox
2024-10-15 06:14:20 pm
Views on the RBI Monetary Policy Committee by Manish Chowdhury, Head of Research, StoxBox Below the Views on the RBI Monetary Policy Committee by Manish Chowdhury, Head of Research, StoxBox   An unexpected change in monetary policy stance from “Withdrawal of Accommodation” to “Neutral” has provided leeway to the RBI for a rate cut going ahead. However, we believe that a December rate would hinge upon multiple factors aligning including the trajectory of food inflation, the global economic and monetary policy setting and major commodity price...
Views on the RBI Monetary Policy Committee by Manish Chowdhury, Head of Research, StoxBox
Views on the RBI Monetary Policy Committee by Manish Chowdhury, Head of Research, StoxBox
Source: StoxBox
2024-10-09 02:12:35 pm
Quote on Budget Reactions by Manish Chowdhury, Head of Research, StoxBox Below the Quote on Budget Reactions by Manish Chowdhury, Head of Research, StoxBox   The key highlight of the budget is the fine balance between fiscal prudence and welfare schemes, with a special focus on Bihar and Andhra Pradesh. With most pointers in line with the interim budget, the key takeaway is the downward revision to the FY25 fiscal deficit figure to 4.9% and an increase in capital gains tax. Though there is a tinge of populist measures on expected lines, the government r...
Quote on Budget Reactions by Manish Chowdhury, Head of Research, StoxBox
Quote on Budget Reactions by Manish Chowdhury, Head of Research, StoxBox
Source: StoxBox
2024-07-24 10:31:54 am
StoxBox : Key Highlight of The Budget by Manish Chowdhury, Head of Research, StoxBox Below the Quote on key highlight of the budget by Manish Chowdhury, Head of Research, StoxBox   The key highlight of the budget is the fine balance between fiscal prudence and welfare schemes, with a special focus on Bihar and Andhra Pradesh. With most pointers in line with the interim budget, the key takeaway is the downward revision to the FY25 fiscal deficit figure to 4.9% and an increase in capital gains tax. Though there is a tinge of populist measures on expected lines, ...
StoxBox : Key Highlight of The Budget by Manish Chowdhury, Head of Research, StoxBox
StoxBox : Key Highlight of The Budget by Manish Chowdhury, Head of Research, StoxBox
Source: PR Agency
2024-07-23 02:22:44 pm
Preview on TCS by Manish Chowdhury, Head of Research, StoxBox Below the Preview on TCS by Manish Chowdhury, Head of Research, StoxBox   We expect TCS’s revenue growth to be sequentially in the lower single digits, led by contributions from recent deal wins. However, the company's EBIT margin is projected to contract due to recent wage hikes. The deal pipeline remains robust, focusing on demand recovery in the second half of FY25. Furthermore, management’s commentary on the demand environment would be a key thing to watch ...
Preview on TCS by Manish Chowdhury, Head of Research, StoxBox
Preview on TCS by Manish Chowdhury, Head of Research, StoxBox
Source: PR Agency
2024-07-10 02:24:04 pm
Views on the US Fed outcome by Manish Chowdhury, Head of Research, StoxBox Below the Views on the US Fed outcome by Manish Chowdhury, Head of Research, StoxBox   On expected lines, the Federal Reserve kept its key interest rate unchanged at 5.25% to 5.5% at the end of the two-day policy meeting on Wednesday. The rhetoric of any change in monetary policy outcome being driven by incoming economic data, especially consumer price inflation and labour market data, still holds true. Though the Fed’s dot plot now forecasts just one rate cut in 2024 compare...
Views on the US Fed outcome by Manish Chowdhury, Head of Research, StoxBox
Views on the US Fed outcome by Manish Chowdhury, Head of Research, StoxBox
Source: PR Agency
2024-06-13 11:09:50 am
Views on US Fed Reserve by Manish Chowdhury, Head of Research, StoxBox Below the Views on US Fed Reserve by Manish Chowdhury, Head of Research, StoxBox   We expect the Federal Reserve to keep its key interest rate unchanged at 5.25% to 5.5% at the end of the two-day policy meeting on Wednesday, with any change in monetary policy outcome still being driven by incoming economic data. Markets would closely watch for any signs on the timing of an interest rate cut going ahead. With the inflation trajectory still not striking chord with the Fed offici...
Views on US Fed Reserve by Manish Chowdhury, Head of Research, StoxBox
Views on US Fed Reserve by Manish Chowdhury, Head of Research, StoxBox
Source: StoxBox
2024-06-10 06:00:20 pm
Views on RBI Monetary Policy by Manish Chowdhury, Head of Research, StoxBox Below the Views on RBI Monetary Policy by Manish Chowdhury, Head of Research, StoxBox   The RBI has kept the repo rate unchanged, reflecting India's sustained growth amid uncertainties in weather, geopolitics, and AI-led tech disruptions. Despite a buoyant economic growth outlook, the central bank refrained from revising inflation forecast upward due to elevated food inflation. Confident in its inflation management efforts, the RBI aims to move closer to its 4% target with...
Views on RBI Monetary Policy by Manish Chowdhury, Head of Research, StoxBox
Views on RBI Monetary Policy by Manish Chowdhury, Head of Research, StoxBox
Source: PR Agency
2024-06-07 05:13:03 pm
Views on RBI Monetary Policy by Manish Chowdhury, Head of Research, StoxBox Below the Views on RBI Monetary Policy by Manish Chowdhury, Head of Research, StoxBox    The RBI has kept the repo rate unchanged, reflecting India's sustained growth amid uncertainties in weather, geopolitics, and AI-led tech disruptions. Despite a buoyant economic growth outlook, the central bank refrained from revising inflation forecast upward due to elevated food inflation. Confident in its inflation management efforts, the RBI aims to move closer to its 4% target wit...
Views on RBI Monetary Policy by Manish Chowdhury, Head of Research, StoxBox
Views on RBI Monetary Policy by Manish Chowdhury, Head of Research, StoxBox
Source: PR Agency
2024-06-07 11:55:19 am
Views On Markets today by Manish Chowdhury, Head of Research, StoxBox Below the Views On Markets today by Manish Chowdhury, Head of Research, StoxBox   Markets have reacted sharply to the initial trends of the NDA leading on around 290 seats which look way behind the exit polls which were projecting around 350-370 seats. With the NDA still looking to form a government, though with the important support of coalition partners, markets look jittery about the prospects of strong decision making. Markets believe that the reformistic approach, which was a ...
Views On Markets today by Manish Chowdhury, Head of Research, StoxBox
Views On Markets today by Manish Chowdhury, Head of Research, StoxBox
Source: PR Agency
2024-06-04 05:31:31 pm