In today’s briefing:
- BorgWarner Inc.: Major Drivers
- Honasa Consumer Pre-IPO – The Positives – New Age DTC Brand
BorgWarner Inc.: Major Drivers
- Despite the severe production unpredictability and inflationary pressures, BorgWarner performed strongly and delivered an all-around beat in the last quarter.
- BorgWarner declared its intention to cut its absolute Scope 3 emissions by at least 25% by 2031.
- The Scope 3 target was formally submitted to SBTi for certification together with their goal of achieving 85% absolute Scope 1 and Scope 2 emissions reductions by 2030.
Honasa Consumer Pre-IPO – The Positives – New Age DTC Brand
- Honasa Consumer (HC) is looking to raise about US$350m in its upcoming India IPO.
- HC’s product portfolio includes products in the baby care, face care, body care, hair care, color cosmetics and fragrances segments.
- In this note, we will talk about the positive aspects of the deal.
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