CD Equisearch Broker Research reports

Atul Ltd manufactures value added chemicals by blending basic chemicals and natural resources for diverse industries -agriculture, construction, textiles, pharmaceuticals and automobiles - from its plants in Valsad, Bharuch...

Income from operations grew by 7% q-o-q in Q3CY17 suggesting rebound in sales after offtake was marred by impact of demonetization and GST in first two quarters of current fiscal; partial impact also felt in Q3CY17. However, HPPL's revenue witnessed degrowth of 2.1% in Q3CY17 (y-o-y). For the same period, other income fell by 49.6% q-o-q- and 62% y-o-y. The sales volume growth in Q3 was in sync with its value growth. HPPL's raw material to sales ratio reduced by 128 bps q-o-q and 227 bps yo-y to 66% owing to lower raw material prices that prevailed in Q3CY17. During the same period, other expenses were kept under reasonable...

To meet the growing customer demand, M M Forgings has recently allocated Rs 250 crs (Rs 50 crs for capacity expansion and Rs 200 crs for machining shop, export components, nts, new products and markets) to be completed by December 2018. The expansion cost will be 80% financed through debt and the rest through internal accruals and is expected to...

Opportunities galore for global water and wastewater treatment players for the United Nations predicts that global water demand would grow by 55% during 2011-2050 - largely fueled by population growth - which would make the world face a 40% water deficit. By some study on Climate change, global fresh water availability would decline by nearly 7% for every degree increase in climatic temperature. Water security of most developing regions, measured by National Water Security Index Score of ADB, mainly in Central & West Asia, South Asia and South East Asia stands abysmally below 50...

EPL recorded a growth of 11.5% (y-o-y) in its revenue from Rs 573.59 crs ($85.7m) to Rs 639.71 crs ($99.5m) in Q2FY18 accentuated by high growth in revenues from Europe and East Asia Pacific (EAP) at 50.6% and 8.9% respectively. The inclusion of Essel Deutschland Germany (EDG), which was acquired effective 30th Sept, 2016, helped fortify revenue growth in Europe due to increased opportunity for synergies in European operations. Revenue in...

Despite the average selling price remaining flat Rs 182 ($2.8) in Q2FY18 vs Rs 180.30 ($2.7) in Q2FY17; for apparel it was down by 2.1%2.1% V-Mart recorded a 23.5% (y-o-y) y) rise in its revenues last quarter. This...

itute a large part of its demand, increasing industrialization in emerging economies and initiatives taken by the GOI in attracting investments in technical textiles are driving the growth of the overall market. According to FICCI, the largest and oldest apex pex business organization of India, the per capita consumption of technical...