HSIE Results Daily: HCL Technologies, Havells India, AU Small Finance Bank
While IT services revenue saw a slight sequential decline (-0.3% QoQ CC), the ER&D revenue registered strong growth of 5.5% QoQ CC, and the...
412 Views
HSIE Results Daily: Bajaj Auto, TVS Motor, Federal Bank, Petronet LNG
Bajaj Auto: Bajaj Auto’s Q3FY25 EBITDA margin at 20.2% was ahead of our estimate of 19.9% and in line with the Bloomberg consensus estimate of 20.2%
379 Views
Mahindra Finance - Credit Cost to Normalize in H2; Reiterate BUY
Driven by the surge in credit cost (Q2: Rs7.0bn vs our estimate of Rs5.0bn and Q1: Rs4.5bn), MMFS reported weaker profitability in Q2FY25, with PAT...
276 Views
HSIE Results Daily: Bajaj Finance, ICICI Prudential Life, Persistent Systems, Supreme Industries
Bajaj Finance: Bajaj Finance (BAF) reported a mixed set of earnings with steady loan growth (+29% YoY) and improving operating efficiency offset by...
332 Views
Mahindra Finance - Inflection Point Around the Corner; Valuation Palatable; Upgrade to BUY
With Q2FY25 business updates already lowering expectations on growth and the asset quality front, we believe the negativities around growth, asset...
307 Views