HSIE Results Daily: Tata Motors, Britannia Industries, Dabur, Hero Motocorp
Tata Motors: JLR Q2 margins declined 140bps QoQ to 14.9% due to adverse mix, higher VME + FME and this was despite higher capitalization rate
394 Views
Dabur India - Recovery On the Cards; Maintain BUY
The company’s consolidated revenue grew by 7% YoY to Rs 3,203 Cr, with its domestic business growing by 3.4% (3% volume growth/5% volume growth ex...
396 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)
350 Views
Dabur - Recap; More Energy to Grow Healthcare. Maintain ADD
We attended the analyst meet of Dabur India previously hosted in 2019 when the newly-appointed CEO Mr Mohit Malhotra laid down the new strategic...
289 Views
FMCG: Rural recovery insight, margin recovery to sustain
On a four-year CAGR basis, the universe clocked 15% growth in Q1FY24 with QSR/Paints growing ahead of our index (35/15%) in Q1FY24
391 Views