CD Equisearch Broker Research reports

Scarcely helped by the pandemic, Supreme Industries reported most of the least alluring outcomes in recent past for its plastic goods volumes tumbled but by a little charming 19.4% to 91451 mt compared to 113428 mt in the year ago period. Consumer products and industrial products bore much of the brunt for they published volume decline of 70.5% and 54% respectively. Hardly weakish demand for agri-pipes, particularly rural, Tier III and Tier IV cities - boosted by GOI robust investment in infrastructure largely helped circumvent no unabysmal stress in demand...

Sub optimal capacity utilization in April and May operating at 70% and 80% respectively, due to Covid hampered volumes in the first quarter this fiscal which plummeted almost 18% sequentially on an absolute basis,...

Battered by no meager stress in the retail fashion industry owing to large scale lockdowns nationally, V-Mart Mart posted 82.1% decline in revenues in the first quarter of FY21 the sharpest decline thus far. Business remained largely impacted in April and mostt parts of May with operational days at a dismal 2% and 22% respectively. Stress in discretionary consumer spend...

Scarcely unscathed by the horrendous pandemic which triggered countrywide lockdown and forced suspension of Atul's manufacturing plants, beside others, its income from operations plunged by a little pleasing 36.5% to Rs 660.56 crs in the first quarter compared to Rs 1040.55 crs in the same quarter a year ago. Due to its far lesser reliance on essentials when compared to life science chemicals, performance and other chemicals barely managed to evade the brunt of the pandemic for its revenues slid by a little gratifying, though barely sustainable, 42.6%,...

y-o-y, oral care category which contributed to almost 51% of the total revenue, experienced an impressive growth in sales (10.4%) in the June quarter. With this unexpected revenue performance, the quarter recorded the one of the highest quarterly profits (adj. EBITDAEBITDA Rs. 151.76 cr) for Essel....

Buffeted by the slowdown in the Indian automobile industry, reported almost 10.5% drop in revenues in Q4FY20 to Rs. 387.29 cr in comparison to Rs. 432.65 cr in the same period a year ago volume decline accounted for a majority of this fall. OPM's consequently shrunk to its lowest levels during the year, yet higher...