Category: Broker Research

At $150.1 Mn, Zensar (ZENT) reported a strong growth in revenue – 4.5% QoQ and 18.5% YoY. In constant currency terms (CC), it reported a sequential growth of 4.1% and 21.5% over previous year.
May 7, 2019, 11:13 a.m.

SRL recorded a 55% YoY increase in pre-sales to Rs. 2.9 Bn and collections surged 34% YoY to Rs. 2.06 Bn.
May 7, 2019, 11:13 a.m.

Carborundum Universal (CUMI) Q4 and FY19 earnings were in-line with our estimates. Q4 earnings dropped by 6% YoY to Rs. 3.27 due to lower demand which was unusual for a year end quarter (low than Q3 volumes).
May 2, 2019, 11:10 a.m.

Prataap Snacks – a key player in the Organized Snacks market, has transformed itself from a regional snacks player to a PAN India player, with its market share quadrapulating from <1% in 2008 to 4%+ in 2018.
May 2, 2019, 11:03 a.m.

MCX’s Q4FY19 average daily traded value (ADTV) has been higher by 1.4% QoQ and 13.3% YoY at Rs 26,981 crore, the highest in 5 years.
May 1, 2019, 11:19 a.m.

During Q4FY19, TCS reported rupee revenue at Rs. 38,010 crore up by 1.8% QoQ (Rs. 37,338 crore during Q3FY19) while in constant currency terms revenue growth grew by 2.4% QoQ.
May 1, 2019, 11:19 a.m.

We believe revenue to grow at a CAGR of 8.7% over the period of FY19-FY21E. We expect execution of pushed out deals and investments made in developing new technology solutions to contribute significantly to the revenue growth in the coming years.
May 1, 2019, 11:05 a.m.

Tata Elxsi (TELX) continued with its weak performance in Q4FY19. This was due to the challenging environment in the Automotive segment (contributes 60% of revenues) owing to softening of Passenger Vehicle (PV) market and decelerating revenue from JLR.
May 1, 2019, 11:04 a.m.

Lumax Industries is engaged in the production of stylish, high automotive lighting solutions. With strong collaborations and company accounts for a significant market share in the automobile lighting segment.
April 30, 2019, 11:32 a.m.

Tata Steel Ltd has reported better-than-expected earnings for Q4 and full year FY19 on the back of higher deliveries in India and improved realization across geographies. The company produced record 16.79 Mn tonnes of steel in FY19 which is 35% higher than 12.48 Mn tonnes produced in FY18.
April 29, 2019, 11:38 a.m.