Reddit IPO - Quick Thoughts on Valuation
Reddit (RDDT US) is looking to raise up to US$750m in its US IPO. In our previous note, we talked about the company’s historical performance. In...
Sector Capsule: Laundry Care in India
Headlines Laundry care records current value growth of 9% in 2016 to reach INR205 billion in 2016 With increasing awareness, consumers are shifting...
Sector Capsule: Sugar Confectionery in India
Headlines Sugar confectionery value sales increased by 16% in 2016, to reach INR78 billion, with volumes increasing by 11% to reach 305,000...
Bleak Future for Consumer Staples
The Index of Industrial Production (IIP) for October 2016 was announced on the evening of December 9, 2016. As against the consensus expectation of...
INDIA: Reserve Bank of India's Inflation Targeting Regime Fails to Curb Inflation
Consumer Price Index (CPI) inflation came in at 6.1% y-o-y in July 2016 compared to a 5.8% y-o-y rise in June 2016– the highest rate since August...
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