Nestle: Interpreting the Weak 1QFY25 Performance. Maintain ADD
We carried out detailed channel checks across India to gauge what has gone wrong and led to sub-par 1QFY25 performance, and how the current quarter...
337 Views
Top Sector Ideas - FMCG (Q1FY25)
Rural demand continues to show steady improvement, with the rural market now surpassing urban areas, largely due to distribution expansion
243 Views
NIFTY NEXT50 Index Rebalance Preview: 7 Changes as Non-F&O Stocks Replace F&O Members
There could be 7 changes for the Nifty Next 50. The addition of non-FnO stocks and deletion of FnO stocks raises index replication issues. Expect...
533 Views
FMCG, QSR & Alco Bev (Q1FY25 Results Preview): On an improving trajectory
We expect our consumer coverage to report revenue growth in mid-single-digits (6% yoy), driven by volume growth. At an aggregate level, we expect...
323 Views
Pre Union Budget Expectations 2024-25: Budget Likely to Strengthen the Narrative of “Viksit Bharat”
The impact of the Union Budget on the equity market has reduced notably over the past few years with the government undertaking most of the reforms...
450 Views