Sector reported record exports in July, expected to support setback in India market
Operating profit margins expected to rise 13% in FY25 on better capacity utilisation, lower Brent-ATF disparity
Eicher has sharply underperformed the Nifty50 index over the past one year with a return of -1.2 per cent while the benchmark is up 15.6 per cent during this period
Margins have likely peaked in Q1 as commodity headwinds start to bite
HDFC Securities expects similar weak trends for the September quarter, noting signs of stress in demand even in Tier-II and Tier-III cities
Largecaps are trading at a valuation discount to mid and smallcap stocks and this has made them attractive
A subpar monsoon in one year is unlikely to cause a meaningful dent in major cereal production, a spike in inflation, or a deceleration in FMCG growth, says IIFL Research
Despite the weak Q1 show, the company is confident of meeting its EXIM growth target of 10-12% in FY24 given signs of recovery, and expects to maintain margins at the FY23 level (22.7%)
Reversal of fortunes could lift the industry's spirits
Expectations of revenue growth, margin expansion and reduction in share pledge are other triggers
International routes and supply shortages are, however, positive for IndiGo
The company reported double-digit sales growth, and margin expansion in the June quarter
Two-wheeler company's margin gains among factors that should be monitored: Analysts
Global agrochemical business expected to remain subdued throughout CY23
The company had won a new export order of Rs 280 crore in the quarter taking its total order book to Rs 2,300 crore
Valuations factoring in second-half recovery are in the expensive zone
Revenue of the contract research and manufacturing services player was down 21 per cent y-o-y
As compared to 64% in the March quarter, overall occupancies across hospitals in the group were at 62%
IT services, a growth driver, showed a revenue and profit slowdown, ranking third in net profit after banks and oil firms
Aggressive expansion and healthy like-for-like growth led to the third consecutive quarter of Rs 2,000 crore plus revenues