Industrials (Q2FY24 Results Preview): Lacking triggers
With minimal awarding activity in Q2FY24 and just four projects in Q1FY24, the overall H1FY24 awarding activity remained muted
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HSIE Results Daily: Siemens, Deepak Nitrite, Century Plyboards India, Sobha
Siemens India Ltd (SIL) delivered weak Q1FY24 revenue/EBITDA/APAT of INR 44.7/5.05/4.2bn, missing our estimates by 5/16/23%
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HSIE Results Daily: Siemens, Deepak Nitrite, Century Plyboards India
Siemens: Siemens India Ltd (SIL) delivered weak Q1FY24 revenue/EBITDA/APAT of INR 44.7/5.05/4.2bn, missing our estimates by 5/16/23%
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Industrials: Muted start for the year
FY24 started off with a muted quarter in terms of road project awarding amidst high competitive intensity: In Q1FY24, the NHAI awarded just four...
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HSIE Results Daily: Siemens, United Spirits, The Ramco Cements
Siemens: Siemens India Ltd (SIL) delivered robust Q2FY23 revenue/EBITDA/APAT of INR 44.7/5.5/5.2bn, beating our estimate by 13/13/32%
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