Robust operating performance; guidance unchanged
Larsen & Toubro's (L&T;) adj. PAT grew 56% YoY and was 5% ahead of our estimate. Core E&C; EBITDA grew 18% YoY and was 17% above our estimate, led...
171 Views
Rightly placed to benefit from macro improvement
L&T; remains best story to play capex upcycle: L&T;'s core E&C; business remains best placed to benefit from any capex upcycle, supported by its...
218 Views
Rightly placed to benefit from macro improvement
L&T; remains best story to play capex upcycle: L&T;'s core E&C; business remains best placed to benefit from any capex upcycle, supported by its...
320 Views
HSIE Results Daily: Kotak Mahindra Bank, Axis Bank and More
HSIE Results Daily Kotak Mahindra Bank: Kotak Mahindra Banks (KMB) 1QFY22 performance was broadly in line with our estimates on the back of...
193 Views
Minor miss in core E&C; EBITDA; order inflows disappoint
Larsen & Toubro (L&T;)'s adj. PAT came in at INR11.7b, missing our estimates by 19%. However, the miss in core E&C; EBITDA was lower at ~6%. The...
159 Views