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...
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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...
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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...
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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...
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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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