HSIE Results Daily: ONGC, Bata India, Prestige Estates, Radico Khaitan
We maintain our BUY recommendation on ONGC with a target price of INR 170, based on (1) an increase in crude price realisation and (2) an...
335 Views
Heidelberg Cement India Limited - Volume Growth Elusive; Maintain HOLD
The company seems to have lost market share to other players in the Central region which constitutes more than 90% of its overall sales.
311 Views
Cement (Q3FY23 Results Preview): Decent volume offtake, recovery in profitability
We estimate that our coverage universe of 15 companies will deliver 10/8% YoY/QoQ volume growth (three-year CAGR: +6%) in Q3FY23
296 Views
Cement Q3fy23 Preview - Cost Pressure to Ease, Demand Outlook Encouraging
Traditionally, H2 (second half of the year) stands out to be a favourable period for cement producers from a demand perspective as it revives after...
405 Views
HSIE Results Daily: ICICI Lombard, L&T Technology Services, Sonata Software
ICICI Lombard: ICICI Lombard (ICICIGI) printed NEP 9% ahead of estimates (+18% YoY); however, reinvestments into building the retail health agency...
138 Views