Any decision to increase rates, however, should provide support to the stock in the near term
IT and pharma companies again save the day; mask pain in domestic consumption
Company registers a 4.6% (YoY) increase in revenues to Rs 508 crore
While CV business languishes with subdued demand, motorcycle biz sees another record quarter of operational performance
The company gets 59% of its revenue from sales abroad
Street will keep an eye out for the performance of European business given recent acquisition there
While revenues beat Bloomberg consensus estimates of Rs 2,437 cr, net profit was way lower than the estimated Rs 367 cr
Company expects performance to sustain on launches, existing base
Higher volumes came on the back of improving market share in private ports, rebates and higher exports
A top-down approach coupled with picks from beaten down sectors helped the team at ICICI Prudential outscore their peers and the benchmark
The performance of its subsidiaries all put together was better as the company discontinued the operations at Bharat Forge America and sold its Chinese joint venture stake
Company improved both its operating profit as well as margins because of exports
Prospects appear bright with the management having forecast 20-25% sales growth in FY15
Weak Q3 performance and muted near-term sales outlook are dampeners for Godrej Properties, Sobha and Oberoi
The performance is likely to continue, with order book of euro 6 bn and product pipeline of global car makers
Revenues up 20% y-o-y to Rs 7,989 crore due to execution of orders at its subsidiaries, SMR and SMP as well as favourable currency movement, margins were higher on better product mix and higher cost e
While revenues are in line, other expenses spoil the show
But operating metrics for the India business were marginally below expectations in December quarter
Among other things, a lack of clarity on terms of transaction between Suzuki and Indian firm an overhang
While high-profile investors are checking into these, retail ones need to be cautious given the lack of volume growth on a sustained basis