New Research Reports

LPC's OTC carve-out won't significantly impact financials, but aims to double OTC sales by sharpening focus

Travel Food Services Ltd (TFS) is a leading player in the Indian Airport Travel QSR and Lounge industry. As of FY25, the company accounted for ~26%/45% market share in the Indian Airport Travel QSR and the Indian Airport Lounge sectors respectively in terms of revenue. The company's Travel QSRs are predominantly situated within airports while, the Lounge business comprises of designated areas within airport terminals. As of Mar'25, TFS operated 442 Travel QSRs across India & Malaysia and 37...

Retail Research

Retail Research

Due to geopolitical tensions owing to the Iran-Israel war, the price of crude shot up to $74 even touching $75 briefly. This has a direct effect on prices of chemicals. This reflected in June-25 data, where all the chemicals in our coverage universe exhibited minor uptick in prices, barring Acetone and Acetic Acid. Acetone and Acetic Acid are not linked in the production process; hence the downward trajectory could be due to weakening end-use demand. Acetonitrile prices showed the steepest jump of 8% MoM. This does not bode well for Li-Ion battery manufacturers as it is used as a solvent, particularly in high performance...

Asian markets are trading lower, as investors await details on the U.S.-Vietnam trade agreement announced by President Donald Trump on Wednesday and braced for a key U.S. jobs report that could support potential rate cuts by the Federal Reserve.

We recommend a BUY on the stock with a target price of Rs 1,930/share, implying an upside of 10% from the CMP

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