Axis Research Scorecard Report for Dec 2023
NEW YEAR PICKS 2024: New Year, New Horizons, which contains deeply-researched 9 stocks that are best-placed to deliver excellent performance in 2024.
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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...
274 Views
Metals - Q1FY24 Earnings Preview
On a YoY basis, too, margins are expected to contract despite higher volumes YoY (on a low base) as HRC prices are now down by 15% YoY from the...
235 Views
Hindalco Industries Ltd - Indian Operations Recover; Macro Uncertainties Persist
Consolidated Segmental EBITDA (down 19%YoY) recovered QoQ by 21%, a 4% beat vs. our estimate driven by better-than-expected EBITDA at Indian...
299 Views
Hindalco Industries Ltd - Margin Recovery at Novelis on Expected Lines
EBITDA/t has recovered from the trough of $376/t in Q3FY23 to $431/t in Q4FY23 (5% beat) in line with the earlier management commentary of EBITDA/t...
324 Views