Both segements on strong footing
We retain BUY on JK Cement (JKCE) with a TP of Rs 1425. We like the co for its increased grey cement capacity in lucrative north marke..
Strong Franchise waiting to get re-rated
* Part of the Chennai based “ Ramco Group “, Ramco Industries is one of the very few Holding Companies in th..
* Robust demand scenario in NER and East during Q4FY20 helped the company outperform on volume front as compared to overall industry and its peers. Total v..
* Total Volumes during the quarter declined sharply by 32.3% y/y – at 0.48 MT due to Coronavirus inflicted lockdown measures and maintenance shutdown..
Expansion deferred; debt unlikely to increase
Key takeaways from the management concall hosted by us include : i) demand recovery has been strong in May’20 with ..
Below is the Quote on 4QFY20 Results of Star Cement by Mr. Keshav Lahoti, Associate Equity Analyst, Angel broking Ltd.
“Despite lockdown in the last week of..
The company reported standalone net profit of Rs 59.31 crore for the quarter ended March 31, 2020 as compared to Rs 66.37 crore in the same period last year, registering ..
The company reported standalone net profit of Rs 15.84 crore for the quarter ended March 31, 2020 as compared to Rs 26.43 crore in the same period last year, registering ..
The company reported standalone net loss during the quarter stood at Rs 125.02 crore as compared to net loss of Rs 3.12 crore in the previous year quarter. Net revenue of..
The company reported standalone net loss during the quarter stood at Rs 111.07 crore compared to net profit of Rs 43.85 crore in the previous year quarter. Net reve..
Healthy cost controls; earnings hit by Covid
We retain BUY on Dalmia Bharat with a TP of Rs 930. We like the co for its distribution strength across its markets and h..
Sahyadri Industries Ltd. (SIL) recently announced its performance for the quarter ended March 31, 2020. Following are the key highlights
Highlights from the Quarter (Q..
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