*over or under performance to benchmark index Indian Oil Corporation Ltd (IOCL) manufactures petroleum and petroleum products and is engaged in the exploration and refining of crude oil. Its products include lubricating oils, liquid petroleum gas, aviation turbine fuel, etc. IOC's presence across the...

expansion plans are progressing at Dachepalli (0.75 MTPA), Jeerabad (0.5 MTPA) and Gudipadu (0.25 MTPA) to take the total to 12 MTPA by H1FY27. 29.5MW of green power projects (solar & WHRS) are underway at different locations. SCL has a target of reaching a...

Shree Cement's Q4FY25 revenue rose slightly, owing to an increase in sales volume. The company's growing focus on premium products improved average realisation per tonne in the quarter. The company is also continuing to focus on increasing the share of green power, which will further reduce the cost of producing cement. Despite the decrease in the cost of sales, higher employee costs, other operating expenses and tax outgo shrunk the profit margin this quarter. For FY26, the company projects cement demand to grow 6.5%-7.5%, owing to sustained capex in infrastructure projects, recovery in the rural economy, continuing...

*over or under performance to benchmark index UPL Ltd is a global agriculture solutions company engaged in the agrochemicals and industrial chemicals business, with manufacturing sites globally. Through...

We attended the annual investor call of KEC International (KECI IN), where the Change in Estimates | Target | Reco management shared key updates on the company's FY25 financial performance and outlined growth opportunities across both domestic and...

FY25 order intake was Rs82.1bn with domestic consultancy/overseas consultancy/turnkey mix of 43%/13%/44%. We cut our FY26/27E EPS estimates by -7.0%/-5.5%, factoring in lower dividends from equity investments leading to lower other income and downgrade our rating from Buy' to Accumulate' due to sharp run up in the stock price. Engineers India (EIL) reported a strong quarter with 25.5% YoY...

*over or under performance to benchmark index Bajaj Auto Ltd (BAL) is India's second-largest and the world's sixth-largest motorcycle manufacturer. It is also the world's largest three-wheeler maker. The company is...

In FY25, gross refining margin reduced to $5.74/bbl from $9.08/bbl in FY24, owing to significant contraction in margin at Vizag, Mumbai and HPCL-Mittal Energy Ltd (HMEL) facilities to $5.63/bbl, $5.92/bbl and $9.27/bbl from $8.12 bbl, $10.35/bbl...