All eyes on upcoming launches
After a tepid H1FY21, Sunteck Realty (SRIN) clocked robust sales bookings of Rs3.5bn in Q3FY21 aided by Avenue 4, ODC launch which has e..
Status quo maintained
Hindalco management delineated the company’s capital allocation strategy. FCF guidance stands at US$1bn-1.2bn post normal working capital ..
European demand recovery key to oil and GRM outlook
US snowstorms last week led to fall/closure of oil output, refining and petrochemical capacities. US oil output re..
Demand surprises; earnings upgrade to continue
Our channel checks suggest better than expected demand trends in Feb’21, with industry likely to post MoM growth ..
Q3FY21 corporate performance points at robust manufacturing growth
The CSO is scheduled to release GDP numbers for Q3FY21 and Second Advance Estimates for FY21 on 26 F..
Performance lagging peers
We maintain our SELL rating on Whirlpool of India (Whirlpool) considering: (1) increasing competition expected in refrigerator segment, main ..
Strong show; growth optionalities lag peers
Q2/Q3 results indicate strong bounce-back by most consumer durable / electrical players. V-Guard Industries (VGRD) too has ..
Weak revenues but higher margins due to lower commodity prices
Three pointers to note from Godrej Agrovet’s Q3FY21: (1) There is still lower demand from HoReCa f..
Buy Sheela Foam Ltd For Target Rs. 2,500
SFL’s 3Q revenue grew 26%, a significant beat. We like (1) continued growth in branded mattress (+18%) and recovery in f..
Rising input costs a key headwind to margins
Hero MotoCorp’s (HMCL) Q3FY21 operating numbers beat consensus estimates with EBITDA margin at 14.5% (down 39bps YoY..
Digital economy to outpace GDP growth, will result in ‘competitive advantage period’ for leaders in digital space
* Purple patch for India’s digital ..
Motor premium growth softens, health outperforms in Jan’21
Jan’21 witnessed a slowdown in GDPI due to motor segment. Motor GDPI growth slowed down to 4% Yo..
Rupee weakens against US dollar on Thursday
Euro testing support as Ukraine crisis looms over growth
India rupee sees worst week in seven on new variant
Indian rupee weakens against US dollar on Monday
Currency Squeeze: Rupee expected to weaken further
IIM Ahmedabad & ENAC France launch Advanced Management Programme for Professionals in Aviation and Aeronautics
Punjab to construct energy conservation building
Vishnu Kaushal discusses his character in `Feels Like Home 2`
Aishwarya Khare turns emotional seeing her family at awards event
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