HSIE Results Daily: Bajaj Auto, Tech Mahindra, TVS Motor, United Spirits
Bajaj Auto: Bajaj Auto’s Q3 PAT at INR20.4bn was ahead of our estimate of INR 19.7bn due to a better-than-expected margin of 20.1% (estimate of 19.5%)
560 Views
HSIE Results Daily: Larsen & Toubro, Asian Paints, Tata Motors, Bajaj Auto
Larsen & Toubro: Larsen & Toubro (LT) reported yet another strong quarter, beating our estimates on all fronts, led by robust execution owing to a...
448 Views
HSIE Results Daily: Larsen & Toubro, Asian Paints, Tata Motors
Larsen & Toubro: Larsen & Toubro (LT) reported yet another strong quarter, beating our estimates on all fronts, led by robust execution owing to a...
351 Views
Industrials: Muted start for the year
FY24 started off with a muted quarter in terms of road project awarding amidst high competitive intensity: In Q1FY24, the NHAI awarded just four...
409 Views
HSIE Results Daily: Ashok Leyland, Fsn E-Commerce Ventures (Nykaa)
Ashok Leyland: Ashok Leyland’s Q4 PAT, at INR 6.9bn, was ahead of our estimate, led by higher-than-expected ASP and a 50-bps margin beat to 11%
486 Views