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It will also have a diversified regional foot with ~13mtpa capacity in south, ~10mtpa in west and ~4mtpa in east of the country. JSTL, along with a JSW group firm,…

The company is also steadily reducing its dependence on USA and non-USA market accounts for ~14% of its exports. We upgrade Avanti to BUY as (i) revival in shrimp prices…

OnePlus 9 Pro DisplayMate review is out and it scores an impressive A+ score by setting or matching 13 smartphone display performance records. It’s been lauded for being “visually indistinguishable…

Kaveri generates ~50% revenues from cotton seeds: Higher cotton prices are likely to increase cotton sowing leading to better demand for cotton seeds. Crude oil prices are up 26% y-o-y…

Redmi K40 series of smartphones have achieved A+ rating from DisplayMate, the company d on Chinese micro-blogging website . The series includes Redmi K40, Redmi K40 Pro, and Redmi K40…

RIL would benefit from lower leverage and lower carbon foot. A fall in crude price and Aramco’s US$75bn annual dividend commitment have ayed the RIL O2C stake buy in our…

They expect 15-18% AUM growth to be achievable in the medium term led by retail segment. We hosted Conrad D’Souza from HDFC Ltd for an investor call where he highlighted…

With a strong recovery in secondary sales in recent months, an early onset of the summer season and considering the composition of room AC demand, we expect the room AC…

Various factors augur well for our expectation of a 21% sales CAGR to Rs 8 bn over FY20–23. Divi’s Labs (DIVI), in addition to having a robust base business, is…

Bloomberg iveroo Kicks Off $2.5 Billion IPO, U.K.’s Largest in 2021 (Bloomberg) — Food-ivery startup iveroo Holdings Plc started taking investor orders in a sale of as much as…

Production at large steel mills has recovered from the pandemic-led uncertainty. We await VIL’s growth to catch up with large steel mills’ production led by its sharpened R&D focus and…

On the other hand, the stock is now attractive at 36.5x FY23e EPS, a discount to its 3/5 year average P/E multiple of 48x/46x and also on a relative basis…

Valuations at 1.5x FY22e P/BV and ~7% FY22e dividend yield remain attractive for a company with steady RoEs of ~17%. Maintain Buy, with DCF-based TP of Rs 248/sh. Power Grid…

Actress Hina Khan at a Tanishq jewellery showroom (File image) Q3 marks the beginning of a strong growth phase: (i) Jewellery sales in Q3FY21 were up 16% y-o-y, led by…

Ebitda margins decd 188bps y-o-y to 10.8%. Asha Buildcon’s (ASBL’s) Q3FY21 standalone EPC revenue was flat on y-o-y basis and up 12% q-o-q to Rs 9.8 bn. While ASBL’s order…

We upgrade FY22 Ebitda by 9% and EPS by 18% on higher steel prices, but broadly retain our FY23 estimates. TATA’s Q3 EBITDA rose 53% q-o-q (up 2.1x y-o-y) and…

Britannia says that its market has increased, rural growth remains strong, and disruption in Modern Trade and Institutional channels is temporary – as the situation normalises, revenue growth should…

On the other hand, the outlo for pick-ups is strong, led by the industry’s growth, while the SUV business continues to benefit from Thar demand and the likely launch of…

Q3 volumes came at 11.4mmscmd, which should rise to 11.8mmscmd in Q4FY21E. Gujarat Gas’ (GGL’s) Q3FY21 Ebitda at Rs 6.1 bn (up 66% y-o-y, down 16% q-o-q) came bang in…

Thursday it is! It is time to check whether our favourite TV shows have done well or not. Yes, it is time for the TRP list to be out. Anupamaa…

US recorded revenues at $217million, a dec of 13 million q-q and $16million below our estimate. (Representative image) Cadila Healthcare reported 3QFY21 results on February, 5 2021. For third quarter,…

Divis has a consistent track record of revenue growth and margin improvement. Divi’s Laboratories (Divis) reported Q3FY21 performance broadly in with our estimates, though reported margin and PAT was…

APTY accounted for ~60% of the 9MFY21 revenues of Truck Bus segment and will be the key beneficiary of CV demand recovery, rising radialisation and import restrictions benefitting PV demand.…

ARPU continued to see a steady uptick – it came in 2% q-o-q higher at Rs 166 (v/s est.Rs 164). Bharti Airtel (BHARTI)’s consol. revenue was up 6% q-o-q to…

Improving patient flows on the broader market recovery and improved execution of marketing and promotional efforts led to a healthy pick-up in specialty sales during Q3. Sun’s strong Q3 beat…

VSKI reported its Q3FY21 revenues at 2.81 bn, up 16.3% y-o-y, led by sharp rise in Vnext revenues (up 19% y-o-y) and robust demand for ACS (+29% y-o-y). Visaka Industries…