Varun Beverages - Hungry For More: Scaling up Snack Food Business
This is an exclusive snacks franchising agreement with PepsiCo to manufacture, distribute, and sell snack foods under the brand name “Simba...
127 Views
HDFC Life Insurance - APE up 23% YoY, VNB Margins 100bp Below Estimate
HDFC Life Insurance (HDFCLIFE) in 1QFY25 reported lower-than-expected VNB margins at 25% (est. 26%), with absolute VNB increasing 18% YoY to...
134 Views
Tcs - Discretionary Spending Remains Lukewarm
Growth was driven by strong performances in India (up 14.1% QoQ/59.0% YoY, aided by BSNL scale-up), the UK (up 2.5% QoQ) and North America (up 0.9%...
179 Views
Hindalco - Capacity Expansion to Drive Next Leg of Growth
Motilal Oswal's research report onHindalco Hindalco (HNDL) is undertaking a capex of ~USD6.9b (USD4.9b for Novelis and USD2b for HNDL) to expand...
338 Views
VRL Logistics - Muted Activity in 1Q Amid Polls and Driver Shortage
Tonnage growth in FY24 was hit by a slowdown in agro and textile commodity volume in southern states, which contribute ~40% to tonnage.
147 Views