HSIE Results Daily: Bajaj Auto, LTIMindtree, L&T Technology Services, Karur Vysya Bank, Mastek
Bajaj Auto: Driven by a better mix, Bajaj Auto’s Q1 PAT at INR19.9bn was ahead of our estimate. There has been an uptick in prices of aluminum,...
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Havells India - Margin Improvement a Tad Below Expectation.
Havells’ Q1 revenue print was largely in line with our estimates with the growth (+20% YoY) being led by the summer portfolio (ECD: +20%, Lloyd: +...
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Infosys: Beat It.
Infosys’ (INFO) Q1 sprung a positive surprise on the growth front, led by a revival in the BFSI vertical and an improvement in deal conversion to...
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CIFC IN: Loan Growth Moderation to Test Sector Leadership. Maintain ADD
CIFC’s portfolio diversification beyond vehicle finance (VF) has yielded results with the share of vehicle finance at ~58% as of Mar-24 (FY18: 73%)
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HSIE Results Daily: Asian Paints, Angel One
Asian Paints: APNT’s revenue declined 2.3% YoY in Q1 to INR 89.7bn (HSIE: INR 91.5bn). Decorative clocked 7/-3% volume/value growth in Q1 and...
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