HSIE Results Daily: Infoedge, Hero Motocorp, Astral, Bata India
Infoedge: Infoedge posted a strong quarter, with both revenue (+11.4% QoQ) and margin coming ahead of estimate. The growth was led by the core...
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Consumer Discretionary - Margin Recovery to Lag that in Topline
Our discretionary universe is expected to nearly double sales YoY in Q1FY23 as the companies get their first pandemic-free quarter (3-year revenue...
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Bata India: Showing Resilience Amidst Challenging Times; Maintain BUY
We remain positive on the stock from a long-term perspective given its immense growth potentialMaintain BUY with revised TP of Rs 2,200/share and...
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Bata India - FY25 Revenue Goal Implies Significant Acceleration
Bata India’s (BIL) revenue goal of achieving Rs50bn by FY25 implies a significant growth acceleration beyond FY23 (~19% CAGR).
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Consumer Discretionary - Margin Recovery to Lag that in Topline
Recovery trends in discretionary categories are healthy: Our discretionary universe is expected to clock 11/2% revenue/EBITDA growth YoY (partly...
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