Hindustan Zinc (HINDZINC) was created from the erstwhile Metal Corporation of India in 1966 as a public sector undertaking. In April 2002, the Government of India dis-invested its majority stake in HINDZINC, and it became a part of Sterlite, which is a part of the London listed Vedanta Group. Today,…
Mid-cap Pharma stocks like Strides Arcolab, Shasun Pharma Natco Pharma etc will be multibaggers like Sun Pharma & Lupin: The pharma space has been largely misunderstood by the market. It has not been a defensive play, it has been a massive growth play. If you look at the performance of…
Performance Highlights Operating performance marginally below estimates; lower other income further dents profitability: TVS Motor (TVSM)’s 3QFY2015 results have come in below our estimates as continued pressure on margins and lower other income impacted profitability. Revenues grew 29% yoy to `2,653cr, mainly driven by volumes (up 26% yoy) while the…
Q3FY15 result highlights * Cons. revenues grew by a strong 15% yoy to Rs30.5bn (est., Rs29.1bn), led by strong growth in India (+25%), RoW (+22%) and Latam (+14%). Europe (+2%) and North America (+3%) were weak. Overall, 16% of growth was driven by volumes and 2% by price. However, there…
Maruti Suzuki (Q3 FY15) – BUY CMP Rs3,685, Target Rs4,280, Upside 16.1% ² Net sales surge 15.4% yoy owing to 12.4% yoy rise in volumes. Domestic volumes were higher by 10.1% yoy while export volumes jumped 43.8% yoy ² OPM at 12.7% was in line with our expectations which represented an…
SYNOPSIS * Dewan Housing Finance Corporation Ltd. (DHFCL) established on the year 1984, to provide affordable housing finance to the lower and middle income groups in semi-urban and rural parts of India. * Net sales rose by 17.31% y-o-y at Rs. 15262.70 million in 3rd quarter of the current…
Performance Highlights Hindustan Media Ventures (HMVL) reported healthy results for 3QFY2015, both on the top-line and bottom-line front. The top-line growth was healthy mainly due to decent growth in advertising and circulation revenue. On the operating front, the company’s performance was modest; however, higher other income boosted profitability. …
Performance Highlights Hindustan Media Ventures (HMVL) reported healthy results for 3QFY2015, both on the top-line and bottom-line front. The top-line growth was healthy mainly due to decent growth in advertising and circulation revenue. On the operating front, the company’s performance was modest; however, higher other income boosted profitability. Healthy…
1. Exponential Moving Average EMA returns the Exponential Moving Average of the specified period. EMA is similar to Simple Moving Average (SMA), in that it averages the data over a period of time. However, whereas SMA just calculates a straight average of the data, EMA applies more weight to the…
