Growth fully priced in
Ranexa drives topline; guidance of single digit growth in US
Lupin management guided to single digit growth in US portfolio in FY20 aided by..
Lackluster export outlook intensifies margin pressure
Dismal performance on all front
Cummins India’s (KKC) Q1FY20 revenue grew merely ~1% yoy, with domestic..
Strong execution momentum intact
Operating performance in line with estimates
KEC International (KECI) posted Q1FY20 sales/EBITDA growth of ~14.6%/16.2% yoy respe..
UCP business outperforms
Voltas posted strong numbers led by superior performance from its UCP business. Topline growth of 23.6% yoy was ahead of our estimates of 13%..
All eyes on price sustainability!
UltraTech during the quarter managed to deliver volume growth of 3% YoY in domestic market primarily due to ramp-up of UNCL, which op..
Sarda Energy & Minerals Ltd (SEML) reported steady numbers on the back of improvement in pellet production and increase in share of rolled prod..
Flat revenues despite OEM slowdown
Minda Industries (MIL) reported a revenue of Rs14.4bn, flat yoy but a decline of 3.1% yoy. With OEM production volumes declining an..
Volume outlook foggy
Automotive segment performance disappoints, FES steady
M&M + MVML performance was better than expected in Q1 FY20 with EBIDTA margin at 14..
New opportunities to keep growth ticking, retain ‘BUY’
Robust shipbuilding order book
Cochin Shipyard (CSL) has a healthy order book of Rs80.5bn as on ..
Robust performance continues
KEI reported strong numbers led by robust performance across all segments. The company reported topline growth of 22.3% yoy ahead of our ..
Muted performance; Order inflows crucial
Dilip Buildcon Ltd (DBL) reported muted performance during Q1 FY20 with a 6% yoy topline decline (to Rs.22.9 bn). Operating m..
Gold retreated from a six year high, though prices remained underpinned by lower sovereign yields and downward revision in US and Germany GDP reading. Grow..
Accelya Solutions In Q4 net profit up 32.35% at Rs 24.71 cr
US dollar rises after Fed policy meeting
Rupee rises by 12 paise to Rs 69.05 against dollar
BSNL to offer more data, validity under select prepaid plans
Infosys signs agreement with U.S. IRS; sees lower tax rate
Sony rejects Loeb`s proposal for chip business spin-Off
Daily Market Quote by Mr. Nagaraj Shetti, HDFC securities 17 September 2019
ED attaches eBIZ.Com`s Rs 277 crore assets
Gold, Silver, Crude Oil, Copper, Nickel, Zinc Commodity Report of 17 September 2019 By Geojit Financial
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