Daily Brief India: INOX India Limited, AAC Technologies Holdings and more

• INOX India Limited (INOX IN) or IIL is into design, engineering and manufacturing of cryogenic tanks and equipment. These are used in industrial gases, LNG, green hydrogen, metallurgy industries, etc
• The company came up with its IPO in December 2023 and has posted a decent growth in the last few years.
• One should however remain cautious about WC trend, receivables provisioning, RPT with promoters, etc.

Lucror Analytics Morning Views comprise our fundamental credit analysis, opinions and trade recommendations on high yield issuers in the region, based on key company-specific developments in the past 24 hours. Our Morning Views include a section with a brief market commentary, key market indicators and a macroeconomic and corporate event calendar.

• AAC Technologies Holdings
• GMR Hyderabad International Airport