HSIE Results Daily: Mahindra & Mahindra, Ashok Leyland, Oil India, AGS Transact
Mahindra & Mahindra: Mahindra & Mahindra’s Q2 adjusted PAT, at INR 23.4bn, came in above our estimate of INR 19.5bn, primarily due to higher-than...
205 Views
Indian Oil and Gas Sector - Subsidy Overhang to Reduce
Reliance Industries (RIL), ONGC and Oil India (OIL) stocks declined 7-15% on 1st Jul-22 as investors took a dim view of the new levies applied on...
215 Views
Oil India - Lower Dry Wells and DD&A Drive PAT Beat; Production Grows
Q4FY22 S/A revenue/EBITDA/APAT of Rs44.8bn/Rs19.6bn/Rs16.3bn beat our estimates by 2%/10%/16%. EBITDA beat was led by Rs185mn of negative dry well...
266 Views
Indian Oil and Gas – Upstream: Further upside to gas realisation
Oil and Natural Gas Corporation (ONGC) and Oil India (OIL) have outperformed the Sensex by 74/42% over the last twelve months, as Brent crude...
217 Views
HSIE Results Daily: Godrej Consumers, Astral, Oil India, Vinati Organics, Nuvoco Vistas, Sundram...
Nuvoco Vistas: We maintain our BUY rating on Nuvoco Vistas (Nuvoco) with an unchanged target price of INR 827/share (11x its consolidated Sep-23E...
228 Views