Resilient performance despite headwinds
Led by stable performance of T&D segment despite lockdown-related challenges, KEC reported better than expected revenue and..
Strong execution and healthy growth prospects
GE Power India (GEPIL) has reported flat revenue growth of Rs4.3bn in Q1FY21E, which is better than expectation, given lo..
Weak quarter; outlook remains muted
Bosch’s (BOS) Q1FY21 operating performance was below expectations as sales fell 64% and EBITDA margin shrunk 2,793bps YoY to ..
Healthy execution amidst headwinds
AIA Engineering (AIAE) has reported better-than-expected earnings in Q1FY21, supported by mining volumes, which grew 1% Yo..
Lockdown impacts growth
Siemens witnessed 59% YoY drop in revenue in Q3FY20 due to weak demand on account of Covid-19 related lockdown. The company reported EBIDTA los..
WPI prints 1.3% in Sep ’20, Q2FY21 average at 1%
* WPI inflation increases to 7-month high, mainly driven by sequential momentum: Wholesale price inflation incre..
Greenfield plants loss reduction a key positive
Motherson Sumi Systems’ (MSS) Q1FY21 performance missed consensus estimates higher than expected revenue drop (~5..
Revenue to recover from Q3
Matrimony.com has reported a sequential revenue decline of 7.8% with billings declining 15.3% . Management expects the momentum in billings ..
Bullion shines; ADTV up 50% from FY20 levels
MCX remains well positioned with ~97% in Q1FY21 (up from 94% in FY20) share of Indian commodity exchange market...
Sudarshan Chemical Industries’ (SCIL) Q1FY21 EBITDA dip of 18% YoY to Rs530mn was higher than expected due to forex gains. Though the company sees capex execution d..
Encouraging show in tough times
Sobha’s Q1FY21 gross sales volumes of 0.65msf worth Rs4.9bn were down 39% YoY and 28% QoQ in volume terms. Although headline numb..
Government announces measures to stimulate consumer demand and capex; on-ground impact likely to be modest
The unlock process in the country is alm..
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
Amazon to invest $18 billion this year to help SMBs grow
PM Modi to address national conference on Vigilance on Tuesday
World becoming fan of our local products: PM Modi
Cenovus Energy to buy Husky Energy for C$24 billion
A good chance we can get a deal with EU, says UK minister Lewis
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