Equity Investment Strategy: Post Lok Sabha Election 2024
On 4th June 2024, three election results were due 1) Loksabha election 2024, 2) State election results of Andra pradesh, and 3) State election...
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Q4FY24 Cement Review – Higher Volume & Easing Cost Pressure Drive EBITDA Growth
The companies under our coverage reported Volume/Revenue/EBITDA/APAT growth of 12%/9%/28%/36% YoY against expectations of 9%/8%/24%/20%.
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HSIE Results Daily: UltraTech Cement, Trent, Supreme Industries
UltraTech Cement: We maintain BUY on UltraTech (UTCEM) with an unchanged target price of INR 10,820 (16.5x Mar-26E consolidated EBITDA)
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Cement (Q4FY24 Results Preview): Weak pricing dampens industry margin
Demand firmed up but at the expense of pricing: In our view, cement demand again firmed up in Q4FY24 on a strong pick-up in non-trades sales
385 Views
Q4FY24 Consolidated Earnings Preview
Q4FY24 earnings season was marked by a) Strong domestic macroeconomic environment, b) Robust PMI manufacturing and Services, c) Stronger E-way bill...
360 Views