CD Equisearch Broker Research reports

BP Energy reckons that India would drive the global energy demand driver over the next 25 years. India is expected to witness an investment of ~ USD 300 bn over the next 10 years in setting up of oil refineries, oil and gas pipelines and CGD network expansion as it builds infrastructure to cater to the massive demand surge, according to Dharmendra Pradhan, Oil Minister, India. India is the third largest energy consumer...

Supreme operates in five major business verticals namely plastic piping, consumer products, packaging products, industrial products and composite products. Some of its products include moulded furniture, storage & material...

ICRA, a Indian credit rating agency, maintains stable outlook for the CV segment despite liquidity crunch and declining profitability from fleet operators, supported by increased infrastructure activities as a result of stable demand from core freight generating sectors like steel, cement and Exim trade. M&HCV; segment, which has so far remained indifferent to revision in axle load carrying norms, thereby reflecting a healthy...

First half of current fiscal saw an improvement in finished steel production and consumption, which grew by 6% (yoy) and 7.8% (yoy) to 53.9 mn tons and 47.7 mn tons respectively, compared to a yoy growth of 2.5% and 7.6% respectively...

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...

According to Stratistics MRC, a leading global market research company, global LPG market accounting for 285.9 mn tons in 20152015 is expected to reach 390.13 mn tons by 2022, growing at a CAGR of 4.5% during the forecast period (2015-2022).. Consumption of LPG is surging across the globe, majorly on account of rise in number of vehicles using auto gas and increasing government initiatives to boost LPG consumption, surging LPG...

Thanks to higher raw material prices and increasing share of high margin products, Aarti's speciality chemicals gross revenues rose 50.4% (volume growth just 10%) to Rs 1039.10 crs ($148.4m), probably the highest level ever; nitrochlorobenzene production barely budged last quarter , underscoring impact of high value addition and pass-through of higher raw material prices. Despite MTM loss of Rs 22.59 crs ($3.2m) on forward contracts, EBIT margin surged to 20.2% from 18.6% in the same period a year back (17.5% in Q1FY19). Volume off take was scarcely suppressed by...