Margin expansion key to further re-rating
ABB-adjusted EBITDA margin of 10.9% came in as a surprise (adjusted for Rs 930mn one-off expenses, 6% reported margin) though..
New vistas and demand revival to propel growth
Industrial consumable market is well set to witness strong growth given the overall broad revival expected in most end-..
Growth back on track…
V-Guard’s performance in Q3FY21 was much ahead of our estimates mainly due to smart sales recovery followed by strong fes..
Healthy margins, hope of restructuring emerge
Cummins India (Cummins) has reported better-than-expected margins, healthy growth under powergen supported revenue beat. ..
Healthy margins, growth recovery to fuel earnings
Blue Star has reported strong 260bps YoY improvement in EBIDTA margin and room AC segment witnessed strong growth of ..
Muted T&D execution impacts earnings
Weak execution under Latin American subsidiary SAE and slippage in some domestic projects due to farmer agitation impacted KE..
Our view: We retain our CY21E/CY22E earnings estimates as we have already factored in earnings recovery led by margin expansion on the account of i) Increasing contributi..
Order inflows key to further outlook Adverse revenue mix and higher provisioning affect margin
* ENGR’s 3QFY21 revenue was above our estimate, with the beat enti..
* Our View: We have introduced FY23E volume estimates at 326K assuming i) incremental volumes from mining markets, ii) incremental contribution from mill lining solutions..
Gradual recovery in the domestic business
Symphony’s standalone and overseas business has seen a gradual recovery on a QoQ basis, however YoY recovery was still ..
Demand outlook remains healthy, but margins to witness some pressure
* Our View – After few quarters of underperformance V‐Guard has managed to deliver both o..
Add Cummins India Ltd For Target Rs.720
Improving earnings visibility; Upgrade to ‘ADD’
Cummins India (KKC) reported healthy Q3FY21 performance (26% q..
Rupee falls 10 paise to 73.94 against US dollar in early trade
Rate decision, US stimulus likely constraints to rupee's further appreciation
NCLT approves sale of IL&FS education arm to LEHL
Hyundai Motor India adds new Board members
Vodafone Idea board to mull raising funds post AGR verdict
FPIs pull out investments amid rising bond yields
Stock Pick of the week
Generational diversity: Millennial Boards new rage for India Inc
Barcelona beat Osasuna 2-0, pile pressure on Atletico
© Copyright 2017 - investmentguruindia | All Rights Reserved. | Crafted By - Digi Interface