FMCG/Alco Bev & QSR - Challenging Demand Environment
Demand environment continues to remain challenging: FMCG demand sentiment has stayed consistent during the quarter, largely mirroring trends seen...
338 Views
HSIE Results Daily: ITC, Bajaj Finance, Cholamandalam Investment and Finance Company
ITC: ITC reported a weak operating print due to a soft cigarette performance along with sustained weakness seen in the agri and paper portfolio
380 Views
FMCG & Alco Bev (Q3FY24 Results Preview): Uninspiring demand recovery
Slow pick-up in demand, revenue to grow by 4/9% on YoY/four-year CAGR: Our FMCG coverage universe is expected to deliver 4/9% growth YoY/four-year...
279 Views
HSIE Results Daily: TVS Motor, Macrotech Developers, Marico
TVS Motor: TVS Motors’ Q2 PAT at INR 5.4bn came in line with our estimates. The highlight for Q2 was the record-high 11% margin despite the ramp-up...
278 Views
FMCG & Alco Bev - Slow Demand Recovery, Margin Expansion to Continue
Our FMCG coverage universe is expected to deliver 6/10% growth YoY/four-year CAGR in revenue in Q2FY24 (vs18/10% in Q2FY23 and 9/3% in Q1FY24)
532 Views