Amber Enterprises: Diversifying Offerings, Strengthening the Future. Maintain BUY
Within Consumer Durables, Amber remains focused on maintaining its RAC value share (25-26%) thereby enabling it to mimic industry growth (mid-high...
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Consumer Durables & EMS: Decoding Q1FY25 Trends
In Q1FY25, the consumer durables aggregate revenue grew by 21% YoY (+16% 2-yr CAGR). The growth was driven by the summer portfolio (room AC, air...
384 Views
HSIE Results Daily: ICICI Bank, Dr Reddy’s Laboratories, Ashok Leyland
ICICI Bank: ICICI Bank (ICICIBC) clocked a mild beat on the back of steady margins (-4bps QoQ) and better operating efficiency (higher non-core...
334 Views
HSIE Results Daily: Gail (India), Phoenix Mills, Balkrishna Industries
Depreciation was higher at INR 12bn (+80% YoY, +48% QoQ) due to the revision in the residual value of pipelines resulting in additional...
274 Views
HSIE Results Daily: Gail (India), Phoenix Mills, Balkrishna Industries, Bandhan Bank
Gail (India): Our BUY recommendation for GAIL with a target price of INR 212 is based on (1) an increase in gas transmission volume to...
307 Views