In today’s briefing:
- ECM Weekly (29th Jan 2023) – Adani, Oasis, Mankind Pharma, ZJLD, India IPO Bookrunners
- Accenture plc: Acquisition of FiftyFive5 & Other Drivers
- MongoDB Inc: Major Drivers, Financial Forecasts, DCF & Comparables Valuation, Key Risks (01/23)
ECM Weekly (29th Jan 2023) – Adani, Oasis, Mankind Pharma, ZJLD, India IPO Bookrunners
- Aequitas Research puts out a weekly update on the deals that were covered by the team recently along with updates for upcoming IPOs.
- While the holiday shortened week didn’t see much action in Asia, but there was one more ADR filing in the US, adding to the mini-pipeline.
- Adani’s ongoing FPO was the only live deal this week, although it had enough drama to make up for the lack of other deals.
Accenture plc: Acquisition of FiftyFive5 & Other Drivers
- Accenture continued its acquisition-led growth strategy in the last quarter and delivered another all-around beat, increasing operating margin while making significant investments in related businesses.
- Engineering and industrial digitization are still in high demand and experienced strong double-digit growth in Q1.
- Furthermore, they are assisting Celanese to undergo a digital transformation that will boost their manufacturing production resilience, productivity, and plant operations predictability.
MongoDB Inc: Major Drivers, Financial Forecasts, DCF & Comparables Valuation, Key Risks (01/23)
- MongoDB performed well in the third quarter in both financial and operational terms.
- In addition, ISVs are continuing to develop their solutions using MongoDB in an increasing number of cases.
- MongoDB is looking to achieve profitable growth and focus on acquiring new workloads from both existing and new customers.
💡 Before it’s here, it’s on Smartkarma
Sign Up for Free
The Smartkarma Preview Pass is your entry to the Independent Investment Research Network
- ✓ Unlimited Research Summaries
- ✓ Personalised Alerts
- ✓ Custom Watchlists
- ✓ Company Data and News
- ✓ Events & Webinars
