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.
584 Views
HSIE Results Daily: Hindustan Unilever, ITC, UltraTech Cement
Hindustan Unilever: HUL’s revenue growth of 3.5% YoY was slow but in line with expectations. Volume growth was at 2% (HSIE 3%) and sustained a four...
641 Views
HSIE Results Daily: Berger Paints, Infoedge, Astral, Fsn E-Commerce Ventures (Nykaa)
Berger Paints: BRGR grew 9.8% growth YoY to INR30.3bn (broadly in-line HSIE: INR30bn). Decorative business grew 11.4% (~14% volume growth)
344 Views
Building Materials - Another Quarter of Mixed Trends
In Q1FY24, our coverage universe’s revenue/EBITDA/APAT are expected to grow by 6/19/18% YoY respectively. We estimate tile majors to report healthy...
382 Views
Building Materials: Imports pick up, exports decline
In April 2023, tiles export continues to be strong, up 35% YoY to >INR 16bn. After a strong Mar-23, laminates export volume/value declined 11/9%...
393 Views