HSIE Results Daily: Indian Oil Corporation, Godrej Consumers, Ambuja Cement, Gail, ACC, CDSL
IOCL reported EBITDA of INR 213bn (+11x YoY, -4% QoQ), which was broadly in line, while APAT came in at INR 130bn, marginally below estimate
432 Views
Consumer Durables - Likely Similar Print, Festive Season Delays to Impact
The sector has seen various challenges over the last few quarters due to (1) unseasonal rains in peak summer months; (2) weak consumer sentiment,...
341 Views
Consumer Durables: Unchanged demand trend, margin likely bottoming out
With Q2 being one of the weakest quarters for the industry, neither is there any real sequential improvement seen in B2C demand environment, nor...
321 Views
R R Kabel IPO Trading - Average Subscription Rates but Strong Insti Demand
R R Kabel (2333180Z IN) raised around US$238m in its India IPO, after the deal was priced at INR1,035/share. It will begin trading tomorrow on 20th...
324 Views
R R Kabel IPO - Peer Comp & Thoughts on Valuation - Fifth in Market Share but First in Sales Growth
R R Kabel (2333180Z IN) is looking to raise up to US$238m in its India IPO. In this note, we undertake a quick peer comparison and share our...
368 Views