Top Sector Ideas - Metals and Mining Q3FY24
Overall consolidated revenue stood in line (down 1%/3% YoY/QoQ), while reported EBITDA grew by 61%/4% YoY/QoQ (15% beat), led by strong upstream...
433 Views
Metals and Mining Q3FY24 Results Preview
We expect a much better quarter for base metal stocks under our coverage. Both Hindalco and NALCO are expected to report margin expansion QoQ on...
297 Views
Coal India - Robust Q2 Results; Coal Is Here to Stay
CIL posted robust results with EBITDA/PAT beating ours and consensus estimates. Total consolidated revenue stood at Rs 32,776 Cr (up 10% YoY, down...
212 Views
Metals & Mining: Q1FY24 Review
Nalco’s Revenue/EBITDA/PAT missed our estimates and dropped by 16%/32%/40% YoY and by 13%/22%/33% QoQ led by a drop in the average LME Aluminium...
277 Views
Coal India - Stable Q1 Results; Maintain BUY
CIL posted a decent set of numbers. Revenue (up 3% YoY, down 6% QoQ) beat our estimate by 2% led by higher ASP (down 4%/6% YoY/QoQ) which stood...
232 Views