HSIE Results Daily: PGCIL, ABB India, Cummins, Bharat Forge
PGCIL: PGCIL’s consolidated asset capitalisation in Q1FY23 declined 76.2% YoY to INR13.5bn, on a high YoY base, while consolidated Capex went up...
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Industrials - Bracing for Recovery
In Q1FY23, NHAI awarded ten projects, of which, nine were HAM projects worth INR 98.1bn and one was an EPC project worth INR 7.7bn.
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Industrials (Q3FY22 Results Preview): Mixed quarter
Lastly, ordering has been muted and cornered by unlisted peers, and we expect a pick-up from Q4FY22 with listed players winning a larger part of...
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Draft Electricity Bill sentimentally negative
Draft Bill aimed at lowering pollution via other generation sources: In light of rising pollution levels, particularly in metros and large cities,...
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Strong operating performance aided by exports
Cummins India (KKC)'s 1QFY21 revenue came in at INR11.8b (2-yr CAGR: 6%) and was 12% ahead of our expectation. Adj. PAT came in at INR1.3b and was...
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