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It will also have a diversified regional footprint 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 shared on Chinese micro-blogging website Weibo. The series includes Redmi K40, Redmi K40 Pro, and Redmi K40 …

RIL would benefit from lower leverage and lower carbon footprint. A fall in crude price and Aramco’s US$75bn annual dividend commitment have delayed 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 Deliveroo Kicks Off $2.5 Billion IPO, U.K.’s Largest in 2021 (Bloomberg) — Food-delivery startup Deliveroo Holdings Plc started taking investor orders in a share 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 declined 188bps y-o-y to 10.8%. Ashoka 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 share 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 outlook 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 decline 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 line 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 …