Exchanges, Staffing and Internet: The road to recovery
Higher payout to tech vendor will impact EBITDA margin for FY24E (Q1FY24E margin will expand sequentially due to higher options revenue)
400 Views
HSIE Results Daily: Astral, Oberoi Realty, Jubilant FoodWorks, Devyani International
Astral: We maintain REDUCE on Astral, as we believe its valuation is expensive, and we revise the target price to INR 1,480/sh (30x its Mar-25E...
409 Views
HSIE Results Daily: Astral, Oberoi Realty, Jubilant FoodWorks
Astral: We maintain REDUCE on Astral, as we believe its valuation is expensive, and we revise the target price to INR 1,480/sh (30x its Mar-25E...
396 Views
Exchanges, Staffing and Internet - Soft Landing
MCX revenue is expected to decline by 6.8% QoQ, mainly due to a decline in futures volume and flat options revenue (a drop in effective realisation...
278 Views
HSIE Results Daily: Tata Motors, Bajaj Auto, Tata Elxsi, Indraprastha Gas
Tata Motors: Although headline numbers at JLR suggest a margin beat relative to expectations, the beat is led by higher capitalised costs
204 Views