HSIE Results Daily: Bajaj Auto, Tech Mahindra, TVS Motor, United Spirits
Bajaj Auto: Bajaj Auto’s Q3 PAT at INR20.4bn was ahead of our estimate of INR 19.7bn due to a better-than-expected margin of 20.1% (estimate of 19.5%)
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HSIE Results Daily: Bajaj Auto, Tech Mahindra, TVS Motor, United Spirits, Hitachi Energy
Bajaj Auto’s Q3 PAT at INR20.4bn was ahead of our estimate of INR 19.7bn due to a better-than-expected margin of 20.1% (estimate of 19.5%)
345 Views
HSIE Results Daily: Axis Bank, Tech Mahindra, Jubilant FoodWorks, Sonata Software
Axis Bank (AXSB) reported in-line results, led by healthy loan growth (+4.5% QoQ) and a sharp improvement in asset quality
459 Views
Tech Mahindra Lt - Results Miss Expectations; Outlook Remains Weak
In Q2FY24, Tech Mahindra Ltd. (Tech M) reported revenue of Rs 12,869 Cr, down 2.2% on a QoQ basis. While it posted a de-growth of 5.9% on a YoY...
441 Views
IT Sector - Soft Q2, Status Quo Remains
Most of the demand indicators are trailing 10-15% below levels at the beginning of the year and only slightly better than the July lows
522 Views