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.
113 Views
APL Apollo Tubes - Q1 Misses Our Estimates
Revenue grew by 32%/3% YoY/QoQ but missed ours and consensus estimates by 2% led by lower-than-expected sales realisation.
216 Views
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...
284 Views
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.
400 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%),...
341 Views