Top Sector Ideas - Metals and Mining (Q2FY24)
Nalco’s Revenue stood at Rs 3,043 Cr, down 13%/4% YoY/QoQ, led by a drop in the average LME Aluminium prices. EBITDA (up 19% YoY, down 33% QoQ) was...
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Diwali Muhurat Picks SAMVAT 2080
Samvat 2079 proved to be an intriguing year for the Indian equity market, characterized by notable volatility in the first half.
514 Views
Axis Research Scorecard Report for Oct 2023
Our POW calls delivered an excellent Monthly strike rate of 84% in Oct’23. Calls that successfully achieved their target were Nestle India (~10%),...
474 Views
APL Apollo Tubes - Largely Inline Results; Growth Drivers Remain Intact
APL Apollo Tubes’ Revenue/EBITDA/PAT stood largely in line with our estimates. On a consensus basis, it was a slight miss of 4%/3%/5% respectively.
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Metals & Mining: Q1FY24 Review
Nalco’s Revenue/EBITDA/PAT missed our estimates and dropped by 16%/32%/40% YoY and by 13%/22%/33% QoQ led by a drop in the average LME Aluminium...
387 Views