Rajesh Exports: 1QFY2017 Earnings Update
Rajesh Exports reported solid Q1 [ended June] FY03/2017 results where both revenues and earnings were in-line with our estimates. For the reported...
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INDIA: CPI Inflation at 22 Month High – Rate Cut Unlikely
Consumer Price Index (CPI) inflation came in at 5.8% in June 2016, similar to the rise recorded in May 2016 – the highest rate since August 2014....
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INDIA: IIP Anemic Growth of 1.2% Inconsistent with GDP Growth of over 7%
The Index of Industrial Production (IIP) rose by an anemic 1.2% y-o-y in May 2016 after having declined by 1.3% y-o-y in April 2016. However, on a...
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Rajesh Exports: 4QFY2016 Earnings Update
Rajesh Exports reported strong fourth quarter [ended March] and full year FY2016 financial results where both revenues and earnings easily outpaced...
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Rajesh Exports: 3QFY2016 Earnings Update
Rajesh Exports reported an excellent set of results for the quarter ended December 2015 which are in-line with our estimates. Management has...
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