India Equity Strategy - Banks Continue to Lead the Pack; Profitability Improves for Most Sectors
Q4FY23 earnings season saw an overall in-line performance, with wide divergences across sectors and companies. Aggregate revenue/PAT grew by 13%/9%...
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Real Estate - Stable Performance
Going by the numbers for FY23 reported to date by top developers, we expect annual presales for most of them to surpass their previous highs
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Real Estate (Q2FY23 Results Preview): Resilient demand
We expect presales momentum to continue, driven by high affordability, stable prices, and overall positive sentiment for real estate
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HSIE Results Daily: PGCIL, ABB India, Cummins, Bharat Forge
PGCIL: PGCIL’s consolidated asset capitalisation in Q1FY23 declined 76.2% YoY to INR13.5bn, on a high YoY base, while consolidated Capex went up...
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Real Estate - Mixed Performance
Sustenance sales to drive Q1FY23 presales; delayed launches to result in healthy H2FY23: Oberoi reported decent sustenance presales of INR 7.5bn...
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