Consumer Durables & EMS (Q4FY24 Results Preview): Summer portfolio to shine
With consumer sentiment witnessing a gradual improvement, rising temperatures and the expectation of a hot summer season are expected to support...
270 Views
Havells India (Q3FY24): Near-Term Blip an Opportunity to ADD
We cut our FY24/25 EPS by 5/2% to reflect Q3 performance while retaining our FY26 EPS and we value the stock at 50x Dec25 EPS to arrive at a target...
396 Views
Consumer Durables: Revival on the Cards?
Most consumer durable categories (excl Wires & Cables) have endured a rather difficult 12-18 months on the back of inflation-led pressure on demand...
347 Views
HSIE Results Daily: Havells India, Mphasis, Voltas
Havells India: Havellsâ Q2FY24 print was below expectation as revenue grew by 6% vs an expectation of 11%. Sluggish consumer demand and the...
433 Views
Consumer Durables - Likely Similar Print, Festive Season Delays to Impact
The sector has seen various challenges over the last few quarters due to (1) unseasonal rains in peak summer months; (2) weak consumer sentiment,...
502 Views