S&P BSE Largecap share price target and research reports

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06 Jun 2018

Earnings Wrap

ICICI Securities Limited

Sensex companies (ex-banking space) continued their positive momentum with Q4FY18 the first quarter that was marked by double digit bottomline growth. It is largely attributable to robust consumer demand and successful economic transformation post demonetisation and GST. For Sensex companies (ex-banks), net sales in Q4FY18 are up healthy 15.7% YoY to | 538,048 crore. Companies continued to witness falling gross margins (down 186 bps) on account of a rise in commodity prices, which was more...

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