Daily BriefsIndustrials

Industrials: Chiyoda Corp, Century Plyboards India and more

In today’s briefing:

  • Chiyoda – Momentum Turn Could Be Around the Corner
  • Century Plyboards Ltd | Q3FY22 Result Update

Chiyoda – Momentum Turn Could Be Around the Corner

By Mio Kato

  • Chiyoda’s 3Q numbers weren’t especially surprising nor impactful as the company continues its recovery. 
  • We have been detailing for some time how current valuations look depressed and upside risk was present from the capital structure. 
  • Now we believe that revenue trends are improving to the extent that they may put a floor under the stock.

Century Plyboards Ltd | Q3FY22 Result Update

By Edelweiss

Record revenue with beat on all fronts

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