Pick of the Week: Jyothy Labs Ltd. - 11 MARCH 2024
Jyothy Labs Ltd (JLL) was founded in 1983 and was initially a single-product company with Ujala fabric whitener as the only product.
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Jyothy Labs Ltd - Outstanding Performance; Maintain BUY
Jyothy Labs’ results were strong and ahead of our/street estimates on the operating front. Revenue grew 11% YoY (vol. grew 9%), led by stable...
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Jyothy Labs Ltd - Embracing Transformation For Long-Term Growth
We are Initiating coverage of Jyothy Labs Ltd (JLL) with a BUY recommendation and a Target Price of Rs 440/share, which implies an upside of 20%...
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Top Sector Ideas - FMCG (Q1FY25)
Rural demand continues to show steady improvement, with the rural market now surpassing urban areas, largely due to distribution expansion
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FMCG, QSR & Alco Bev (Q1FY25 Results Preview): On an improving trajectory
We expect our consumer coverage to report revenue growth in mid-single-digits (6% yoy), driven by volume growth. At an aggregate level, we expect...
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