Travel Food Services IPO Trading - Decent Anchor; Subdued Overall Demand
Travel Food Services (TFS) raised about US$233m in its India IPO. In this note, we will talk about the demand and trading dynamics.
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HSIE Results Daily: Sundaram Finance, JK Cement, Metro Brands, Ashoka Buildcon...
Sundaram Finance: Sundaram Finance (SUF) reported a steady set of earnings with sustained reflation in NIMs and muted provisioning (-1bps), offset...
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Real Estate (Q4FY25 Results Preview): Consolidation coming
Strategic consolidation across regions: The residential segment continued to witness stable demand, particularly in the mid-income and luxury...
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HSIE Results Daily: Siemens, Lupin, Ashok Leyland, Bharat Forge, Steel Authority of India
Siemens: Siemens India Ltd (SIL) delivered standalone (including energy business) Q1FY25 revenue/EBITDA/APAT of INR 45/5.6/4.9bn, a miss/beat to...
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HSIE Results Daily: Alkem Laboratories, Galaxy Surfactants, KNR Constructions
Alkem Laboratories: EBITDA (+1% YoY) below consensus estimates due to 1% YoY sales decline (+6% YoY India, -7% QoQ in the US), which was offset by...
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