ITC Ltd - Missed on Margins; Maintain BUY
Strong numbers but missed on margins: ITC delivered strong revenue growth of 16.8% YoY, driven by impressive performance in the Agribusiness (up...
194 Views
Consumer (Q2FY25 Results Preview): One more soft quarter but outlook is improving
We expect our consumer coverage to report revenue growth in mid-single-digits (6% yoy), driven by volume growth. At an aggregate level, we expect...
316 Views
Exports in July 2024 Hit a 28-Month High
The international trade account in July recorded a deficit of USD1.37bn, reversing from the surplus of USD0.22bn in June.
218 Views
ITC (1QFY25 Results Review): Non-FMCG Business Dents Profitability. Maintain REDUCE
We expect mean reversion/normalization in the non-FMCG business, which had seen a significant spike post-COVID. Additionally, two more tactical...
445 Views
ITC Ltd. - Inline Numbers; Maintain BUY
The company’s Q1FY25 overall results were in line with estimates. This was due to broad performance across segments (excluding paperboard).
378 Views