Way2Wealth Broker Research reports

Company reported 7% Y-o-Y topline growth on the back of higher sales realisation (up 17% Y-o-Y) and 26% Q-o-Q growth primarily on account of higher sales volumes. Management maintained its sales volume guidance to...

Way2Wealth Brokers Pvt. Ltd. (CIN U67120KA2000PTC027628) SEBI Rgn. No. : INH200002739. Registered Office: Rukmini Towers, 3rd & 4th Floor, A# 3/1, Platform Road, Sheshadripuram, Bangalore - 560 020, Website: www.way2wealth.com Email: research@way2wealth.com...

HUL reported moderate 4% volume growth in Q3FY21 due to muted demand in the detergent category. Revenue grew by 21% YoY (7% organic) to `11,682 cr led by the consolidation of new brands (Horlicks and Boost)....

The revival of consumer sentiment has been reflected in the company's performance across the brand portfolio. The company has been focusing on volume led sales growth, brand building, product innovation, and cost rationalization measures leading...

Festive sales, Distribution reach and market share gains drive Q3FY21 Revenues grew by 11.6% to `28bn driven by strong festive season demand, distribution expansion, a better product mix (rising share of B2C) and pricing actions.Wires & Cables (W&C;) sales was +5.6% YoY to `22.7bn driven by strong traction in wires, exports and improving consumer sentiment. Construction activities are slowly picking up, distribution channels saw healthy double-digit growth however, institutional business continues to face headwinds. Domestic wires grew faster than cables, especially housing...

Improvement in Revenues with labor availability improving execution Consolidated sales came in at ~`356bn (-2% YoY) mainly driven by growth across segments like Power (+29% YoY), IT&TS; (+7% YoY) and Hydrocarbon (~+1% YoY).Heavy engg (flat YoY), Infra (-7% YoY) and Development Projects (-34% YoY) were the draggers. EBITDA grew by 4% YoY to `42.8bn with EBITDA margins expanding by 66bps YoY to 12% led by better topline & operational performance. PBT was up by 14% YoY to `36.8bn. During the quarter,...

o The electricity volumes came in at 20,175 MU in Q3FY21 as compared to 12,472 MU in Q3FY20, growth of 61.8% YoY. o Despite 43% growth in Day Ahead Market, the prices on the exchange remained subdued at `2.76 per unit,seeing a decline of 2% YoY. o The Real-time electricity registered an all time high monthly volume of...

Havells India Ltd (HAVELLS) topline grew 39% Y0Y/29% YoY with Price hikes, pre-buying, higher rural sales (up 100% YoY), increased distribution reach to tier II/III towns, efficient supply chain and market share gains from both smaller organized and unorganized players were the main contributing factors. ECD segment revenues increased 46% YoY on account of strong recovery of B2C business (fans, water heaters, domestic appliances). Lloyds Revenues grew by 70.3% YoY to `5.1bn supported by pre-buying seen as dealers fear price increase from next quarter, pent up...

Internet Ticketing The Company is the only entity authorized by Indian Railways to offer railway tickets online through its website and mobile application. The Company currently operates one of the most transacted websites in the Asia-Pacific region with a transaction volume of more than 31.4mn per month and 8.25 lakhs tickets booked per day in FY20. The main objective behind the introduction of the internet ticketing was that instead of requiring passengers to be physically present at...

Registered Office:Rukmini Towers, 3rd& 4th Floor, # 3/1, Platform Road, Sheshadripuram, Bangalore - 560 020,...