Bajaj Auto vrooms ahead with growth levers intact

Bajaj Auto’s stock price touched its new 52-week high rallying 4% after September Quarter 2023 results were announced. Market leader in three-wheelers and 125cc motorcycles in India delivered strong Q2FY24 numbers supported by 15% increase in its average selling price (ASP). Thus, even with an 8% YoY volume decline, revenues came in at Rs 10,838 […]

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Federal Bank delivers healthy Q2FY24, but NIMs disappoint

Federal Bank reported healthy September Quarter 2023 with robust loan book growth and strong asset quality. The stock price touched its new 52-week high of Rs 152 before Q2FY24 results were announced. The private sector lender’s stock price has since then lost 2.6%. September Quarter 2023 results looks impressive, highest ever net profit and net […]

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Godrej Consumer Products

Quarterly updates of companies have started pouring in for September Quarter 2023. Godrej Consumer Products Ltd (GCPL) released its quarterly update on October 5, last week. According to GCPL’s Q2FY24 update, the operating environment was tough amid weak macros and adverse weather conditions. High food prices and monsoon deficit has not only hit rural India […]

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Aarti Industries – June Quarter 2023 impacted by inventory rationalization

Aarti Industries is a leading manufacturer of specialty chemicals and pharmaceuticals in India. The company manufactures chemicals used in the downstream manufacturing of pharmaceuticals, agrochemicals, polymers, additives, surfactants, pigments and dyes. Aarti Industries specializes in benzene-based derivatives. The company’s key value chains include nitro-chloro benzenes, di-chlorobenzenes, phenylenediamines, nitro toluene value chain and sulphuric acid. Muted […]

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Metro Brands moves on with premiumization and store expansion

Metro Brands reported stable June Quarter 2023 numbers. The company is one of the largest Indian footwear & accessories specialty retailers. Metro Brands is one of the leading aspirational Indian brands in the Indian footwear industry. The company manufactures footwear and other accessories for the entire family with focus on mid and premium segments. As […]

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Torrent Pharma Outperforms Across Key Markets

Torrent Pharma, flagship company of the Torrent Group, is ranked 6th in the Indian pharmaceuticals market in India. Torrent Pharma stock price has gained 25% over the past one year. The company has presence in the therapeutics segments of cardiovascular, gastro intestinal, central nervous system CNS, vitamins minerals nutritional (VMN) and cosmo-dermatology. It is a […]

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SRF – Q1FY24 update SRF is a chemical based multi business entity engaged in the manufacturing of industrial and specialty intermediates. The company’s diversified business portfolio covers fluorochemicals, specialty chemicals, packaging films, technical textiles, coated and laminated fabrics. SRF has four major business segments, specialty chemicals, fluorochemicals, technical textiles and packaging films. Muted June Quarter […]

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