PVC prices at all-time high
PVC prices hit an all-time high with another hike of Rs2/kg, or 2.4%, w.e.f. 20th Aug’20. This is the fourth price hike in Q2-TD a..
Weak 1QFY21 though recovery is in sight
Emami posted a weak 1QFY21 as revenue/EBITDA declined by 26/8% YoY (HSIE -19/-9%). The domestic revenue decline of 26% YoY (vol..
Industry export momentum continues
Industry (Agri/OTR) export data continued its positive momentum with a ~20% YoY rise, this supports our faster growth rebound the..
Chemical price trend for May-20
Though chemical plants started operations in April’20, but plants were not running at optimal utilisation levels due to issues..
Equities turning out to be a lead indicator for the economy; irrational to overstretch the trend
‘Stock prices are relatively better predictors of future GDP&..
Focus on preserving cash and containing costs
Key takeaways from TCNS Clothing’s (TCNSBR) Q1FY21 earnings: 1) secured 20%+ reduction in fixed cost p.a. through..
Many investors’ wish list fulfilled
Zee Entertainment Enterprises’ (ZEEL) Q1FY21 was weak as expected; however, it improved disclosure and framed new po..
Q1FY21 earnings call takeaways
Key takeaways from Q1FY21 earnings call:
* PLNG is likely to go for a long-term contract under which LNG would be supplied on a s..
Greenpanel Industries (GNPL) has reported better-than-expected revenue at Rs902mn (I-Sec: Rs835mn), down 57% YoY due to 62% YoY decline in plywo..
Near-term concerns adequately priced-in
DCB Bank’s (DCB) Q1FY21 earnings were driven by cost flexibility and lower provisions sequentially. Net revenues fell 11..
Cautiously optimistic on recovery ahead
Pidilite Industries (PIDI) reported a dismal Q1FY21 with consolidated revenues down 56.5% YoY due to 59% YoY volume and mix de..
Strong performance despite challenges
Abbott India Limited’s (AIL) Q1FY21 performance was strong and it also beat our estimates on all fronts. Revenue grew 6.5%..
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
The downside rally could be testing all the way up to 11450-11300 levels - Enrich Commodities
Activists urge `Big Pharma` to be transparent on COVID-19 vaccine costs
Large Caps : Buy Torrent Pharmaceuticals Ltd For Target Rs.2,982 - Geojit Financial Services Ltd
Surveillance to body cams: Tech under the spotlight in U.S election
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