Dr Reddy’s Laboratories - Decent Print; Work on Growth Levers Underway
Dr. Reddy’s Laboratories’ (DRL) Q2FY25 performance, adjusted for acquisition-related expenses (INR 561mn) and impairment charge of gNuvaring (INR...
116 Views
Titan Company - Relative Underperformance to Continue; Margin Guidance Cut
Titan's domestic jewellery business revenue growth had a strong revival (~25% YoY; LFL: 15% YoY) driven by improved industry demand conditions
121 Views
ABB India - A Sub-Par Revenue and Order Inflow
Note that revenues grew by 19%, 24%, 22% and 20% in CY21, CY22, CY23 and H1CY24 respectively. Order inflow for the quarter was INR 34bn, + 11% YoY.
131 Views
Berger Paints - Could Have Been Better!
Paint industry has likely declined by ~2% in Q2FY25. Considering industry slowdown and steep increase in competitive pressures, we believe Berger...
116 Views
Prudent Corporate Advisory Services - Systematic and MTM Increase in AUM
Prudent Corporate Advisory Services (Prudent) has progressed well in terms of AUM growth aided by MTM, traction in SIP and growth in MFDs.
99 Views