Shoppers Stop - Soft Revenue Growth Takes a Toll on Profitability
Revenue was up 4% YoY as store additions and the robust 11% YoY growth in the Beauty segment was offset by an overall SSSG decline and a 15% YoY...
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Consumer Discretionary (Q4FY25 Results Preview): Q4FY25–a mixed bag
Our discretionary universe’s performance continues to be a mixed bag. Our coverage is expected to grow by ~16% YoY in Q4FY25, driven by a few outliers
492 Views
HSIE Results Daily: L&T Technology Services, Shoppers Stop
L&T Technology Services: L&T Technology Services’ (LTTS) Q3 growth came in lower than our estimates, but a steep acceleration in Q4 is likely (due...
373 Views
Consumer Discretionary: Muted Demand, Value Plays Remain Outliers
Our discretionary universe is expected to grow by ~11% YoY in Q1FY25. However, a few exceptional names drive up the average
414 Views
HSIE Results Daily: Indian Oil Corporation, Star Health and Allied Insurance
Our REDUCE rating on Indian Oil Corporation (IOCL), with a target price of INR 145, is premised on margin pressure due to increasing petchem...
219 Views