Clean Science and Technology: Margin to Decline, Valuation Expensive. Maintain SELL
Gross profit margin and EBITDA margin are expected to fall by 520/340 bps by FY26 from 65/43% in FY23. Global giants are augmenting the capacities...
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HSIE Results Daily: Tata Motors, Britannia Industries, Dabur, Hero Motocorp
Tata Motors: JLR Q2 margins declined 140bps QoQ to 14.9% due to adverse mix, higher VME + FME and this was despite higher capitalization rate
377 Views
Chemicals (Q2FY24 Results Preview): Lackluster quarter
Inventory rationalisation by global agrochemicals and weak demand for products from the US and Europe led to a correction in the prices of finished...
324 Views
HSIE Results Daily: Dabur, Eicher Motors, Hindustan Petroleum Corporation
Dabur: Dabur delivered an operationally in-line Q1FY24 print with consolidated revenue/EBITDA each growing by 11% YoY while volume grew by 3% (c.6%...
345 Views
HSIE Results Daily: Siemens, United Spirits, The Ramco Cements
Siemens: Siemens India Ltd (SIL) delivered robust Q2FY23 revenue/EBITDA/APAT of INR 44.7/5.5/5.2bn, beating our estimate by 13/13/32%
296 Views