New Research Reports

Mid-sized continue to lead growth: From last few months mid-sized players have been seeing strong growth especially from TATA AIA/Birla MF scoring Source: Life Insurance Council, PL from Banca, while Max and Bajaj Life improving its proprietary channel sourcing. Mid-sized have also seen higher growth on back continuous addition to product line in both individual & group segments trying to reach in-line with larger player offerings. ABSLI continued its industry leading growth at 84% YoY, Max Life grew at strong 35% YoY over the base of 64%registered in...

Revenues were flat at Rs 3,158m both YoY and QoQ due to volume decline of 10.5% YoY and 1.8% QoQ at 71,099 tons. Newsprint (NP) volumes dip by 53.3% to 5,333 tons. During the quarter, Unit II was shut down for 30 days for plant upgradation to Writing & Printing (W&P;) business,...

The Q3FY19 sales, adj. EBITDA and PAT beat our estimates by 9%, 3% and Change in Estimates | Target | Reco 8% respectively. While the injectable business was in line with guidance, its flat value erosion of US generics QoQ and efficient execution of new business...

Strong downstream demand from diverse user industries and limited global capacity additions to help sustain PAN demand. We lower our FY20/21E estimates to factor in lower EBIDTA margins (17% vs 20% earlier) and delay in commissioning of new project. IGPL's planned...

JK Lakshmi Cement (JKLC) reported Q3FY19 earnings below our estimates Change in Estimates | Target | Reco due to higher than expected costs. JKLC's investments in Waste Heat recovery (WHR) plant at Durg, Chhattisgarh unit and other cost rationalization...

Britannia is entering a new phase of growth powered by innovations and Change in Estimates | Target | Reco renovations like 1) Whole Wheat Vita Marie Gold, Goodday Cashew Almond, re-launches in 50-50 & Tiger Creams 2) significant revamp of cakes portfolio...

DLPL's revenue, adj. EBITDA and PAT grew 11%, 16% and 27% YoY Change in Estimates | Target | Reco respectively in Q3FY19 and in line with our estimates in margin and earnings. With strong cash flow and growth in new customers and packaged offer, the...

Mid-sized continue to lead growth: From last few months mid-sized players have been seeing strong growth especially from TATA AIA/Birla MF scoring Source: Life Insurance Council, PL from Banca, while Max and Bajaj Life improving its proprietary channel sourcing. Mid-sized have also seen higher growth on back continuous addition to product line in both individual & group segments trying to reach in-line with larger player offerings. ABSLI continued its industry leading growth at 84% YoY, Max Life grew at strong 35% YoY over the base of 64%registered in...