NIFTY100 Low Volatility 30 Index Rebalance Preview: 4 Changes as Review Cutoff Nears
4 potential constituent changes, volatility changes and capping changes will result in 1-way turnover of 16.05% resulting in a round-trip trade of...
454 Views
Downgrading Japan; Stay Defensive; Downgrading Outlook on Global Equities $ACWI to Neutral
Downgrading Japan TOPIX, Nikkei; Stay Defensive; Downgrading Outlook on Global Equities $ACWI $EEM to Neutral; Many Risk-Off Signals increase odds...
267 Views
Britannia Industries (1QFY25 Results Review): Focus on Volume over Margins. Maintain ADD
Britannia 1QFY25 results were below estimates despite better-than-expected volume growth (8-9%) owing to lower-than-expected gross margin gains and...
295 Views
Britannia Industries Ltd - Operating Profits Miss Estimates, Rural Revival Seen
We expect Britannia to deliver market-leading growth from here on for several reasons: 1) Rural recovery continues to remain a focus area for...
251 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