HSIE Results Daily: Gail (India), Phoenix Mills, Balkrishna Industries
Depreciation was higher at INR 12bn (+80% YoY, +48% QoQ) due to the revision in the residual value of pipelines resulting in additional...
203 Views
HSIE Results Daily: Gail (India), Phoenix Mills, Balkrishna Industries, Bandhan Bank
Gail (India): Our BUY recommendation for GAIL with a target price of INR 212 is based on (1) an increase in gas transmission volume to...
224 Views
Nexus Select Trust IPO Lockup Expiry - US$1.5bn Stake Comes Free. Will Likely Be a Coordinated Exit
Nexus Select Trust (NST IN) raised around US$391m in its India IPO in May 2023. The company's pre-IPO shareholders will be released from their...
145 Views
Real Estate (Q4FY24 Results Preview): Strong demand aiding presales momentum
Launches getting absorbed, presales conversion cycle contracting: We continue to witness strong demand undercurrent with real estate developers...
173 Views
HSIE Results Daily: Siemens, Eicher Motors, Infoedge, Phoenix Mills
Siemens: Siemens India Ltd (SIL) delivered muted standalone Q1FY24 revenue/EBITDA/APAT of INR 44.4/5.2/4.6bn, missing our estimates by 5.9/5.5/1.8%
249 Views