HSIE Results Daily: Infoedge, Hindustan Petroleum Corporation, JK Cement
Infoedge reported a decent quarter with better-than-expected revenue, billings, and margin performance in a challenging environment
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Real Estate (Q2FY24 Results Preview): Festive cheer awaited
Whatever is being launched is being sold, presales momentum remains strong: Real estate developers are reporting record presales in the seasonally...
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Sobha: Presales run rate reset. Maintain BUY
Q2FY24 operational data further strengthens our thesis as Sobha reported lifetime high presales of INR 17.2bn (+48.1%/+17.7% YoY/QoQ).
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Sobha: ‘R’eset, ‘R’estart, ‘R’efocus = ‘R’erating. Maintain BUY
Over the last year, SOBHA Ltd (SDL) has underperformed the Nifty Realty Index by 38% and peers Brigade and Prestige Estates by 33%/53%
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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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