Indigo Paints stock price has gained 48% since early March 2023. The company has been reporting double-digit YoY revenue growth over the past three quarters. According to the management, Indigo Paints has witnessed an industry leading growth rate and that too by a factor of more than 3x to 4x, which indicates significant market share […]
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Vedant Fashions Deliver Lower Numbers With Wedding Calendar Shift
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Landmark Cars reported muted September Quarter 2023 numbers. Revenue from operations stood at Rs 771 crore down 10% YoY. The company offers a wide range of new passenger vehicles, from premium to luxury, electric vehicles as well as commercial vehicles. Their extensive brand portfolio represents nine OEMs across vehicle categories – from affordable hatchbacks to […]
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Shree Cement commissioned a new kiln with a capacity of 11,500 Tons per day at Nawalgarh, Rajasthan. With the commissioning of a new Rajasthan kiln, the company’s total cement capacity reached 53.4 million tons. Speaking on Nawalgarh kiln, Neeraj Akhoury, Managing Director at Shree Cement, said, “In our pursuit to become a 80 million tonnes […]
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Balkrishna Industries is a leading player in the global off highway tyre market. The off-highway tyres (OHT) are used in specialist sectors, including the agricultural, construction, earthmoving, port and mining industries. Balkrishna Industries (BKT) has 4-5% of market share globally. BKT tyres are sold in over 160 countries through distribution networks in the Americas, Europe, […]
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PI Industries delivered robust September Quarter 2023 numbers. The stock price is down nearly 11% since December 13, 2023. While many of its peer group has been reporting muted numbers (due to inventory destocking) for the past several quarters, PI Industries is on double-digit revenue track for more than 12 quarters now. The company delivered […]
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Rupa Company reported a good set of numbers in September Quarter 2023. Revenue from operations grew to Rs 302 crore, a rise of 6% YoY in Q2FY24 supported by double-digit volume growth. Volumes jumped 15% YoY in Q2FY24 and 10% in H1FY24. Volume growth in premium innerwear was the highest at 22% YoY, mid-premium grew […]
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KRBL reported muted September Quarter 2023 numbers. Revenue growth fell 8% YoY, after five quarters of consistent double-digit revenue growth. Revenue came in at Rs 1,213 crore in Q2FY24 compared to Rs 1,319 crore in the same period previous year. Domestic revenue (manufacturing, grading, sorting, and packaging rice) excluding power, increased by 35% YoY to […]
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Bata India delivered muted September Quarter 2023. The shift of festive season Q3FY24 was the major reason elucidated by the management. While that might be true for the quarter gone by, will growth return strongly for India’s largest footwear retailer in the coming quarters. The company reported revenues of Rs 819 crore, a 1.3% YoY […]
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Polycab delivered the highest ever quarterly profit after tax (PAT) in September Quarter 2023. Revenues were up 27% YoY accompanied by 59% growth in net profit or PAT in Q2FY24. While management is confident of strong growth momentum driven by India’s ongoing infrastructural growth story, investors are awaiting its fast moving electrical goods (FMEG) segment […]
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