Publisher : trade.rsec.co.in


Engineers India (ENGR) has reported a healthy performance in 4QFY19 with its PAT surging by 38% YoY to Rs949mn vs. our estimate of Rs893 mn.
May 20, 2019, 12:14 p.m.
Publisher: trade.rsec.co.in

Shree Cement (SRCM) has reported a strong operating performance in 4QFY19.
May 20, 2019, 12:13 p.m.
Publisher: trade.rsec.co.in

Axis Bank’s operating metrics marginally missed out estimates in 4QFY19 led by lower than expected margin expansion and higher provisioning. Asset quality however improved with gross NPAs lower by 50 bps QoQ owing to lower slippages and healthy recoveries.
April 26, 2019, 11:26 a.m.
Publisher: trade.rsec.co.in

On expected lines, Cyient’s revenue grew by a soft 0.1% QoQ (down 0.3% QoQ in CC terms) to US$165.2mn in 4QFY19, albeit beating our estimate by 1.3%.
April 26, 2019, 11:26 a.m.
Publisher: trade.rsec.co.in


Surpassing our estimates in key operational metrics, UltraTech Cement (UTCEM) has reported strong performance in 4QFY19 despite lower-than-expected realisation.
April 24, 2019, 11:27 a.m.
Publisher: trade.rsec.co.in

Hexaware Technologies (Hexaware) recorded an in-line revenue performance in 1QCY19, which came in at US$180mn (marginally above our estimate by 0.5%). This implies growth of 2.2% QoQ in USD terms, while in CC terms revenue rose by 2% QoQ.
April 24, 2019, 11:27 a.m.
Publisher: trade.rsec.co.in

HDFC Bank has reported largely an in-line performance in 4QFY19 with NII and net profit growing by 23% YoY each, while asset quality remained stable. Despite rising cost of funds and a sequential decline in CD ratio, its NIM increased for the quarter aided by change in portfolio-mix.
April 22, 2019, 10:02 a.m.
Publisher: trade.rsec.co.in

Mindtree posted healthy revenue in 4QFY19, which stood at US$262mn (+4.2% QoQ in USD terms, +3.9% QoQ in CC terms).
April 18, 2019, 11:44 a.m.
Publisher: trade.rsec.co.in

Wipro has delivered a below par revenue performance in 4QFY19. While its CC revenue rose 1% QoQ (vs. our estimate 1.9% QoQ), USD revenue rose 1.4% QoQ to US$2.076bn vs. our estimate US$2.087bn.
April 17, 2019, 11:44 a.m.
Publisher: trade.rsec.co.in

Tata Consultancy Services (TCS) reported a decent 2.4% QoQ growth in CC revenue in 4QFY19, above our estimate of 2%. USD revenue came in at US$5,397mn (+2.8% QoQ), above our estimate by 0.8%.
April 15, 2019, 11:31 a.m.
Publisher: trade.rsec.co.in