Skip to main content

IndusInd Bank : 3rd Quarterly Results


Comments

Post a Comment

Popular posts from this blog

A Valuable FMCG Company for Long Term Investment

A household name for FMCG products in India, the company has strong visibility in growth and earnings in India’s long runway story - As investors shift to safe havens, the Stock has rallied significantly in past few weeks. The question is, if this ‘driver of consumption’ valuable at this Price? Revenue for FY20 stood at INR 397.8 Billion recording a 1.20% Y-O-Y growth with an Operating Profit Margin of 22.27%. For Q4 FY20, revenues were at INR 92.11 Billion with a negative growth Year-on-Year and an Operating Profit Margin of 19.85%. In the past 5 years, revenue has compounded by about 4.60%. The OPM improved from 15.2% in FY 2015 to 22.2% in FY 2020. The Company attributed the Q4 decline due to supply chain disruption during the first phase of the Lockdown. The Lockdown is expected to affect the production and demand destruction till September 2020 and then show improvements. Stock Returns Percentage 1 Year 23.82% 3 Years 28.00% ...
Post a Comment
Read more

WIPRO : 3rd Quarterly Results

Post a Comment
Read more

Finvestedge Weekly Market Insights

v   Going by its 9MFY20 results, Technocraft Industries (India) is likely to notch an EPS of Rs.60 for FY20. Expect a smart jump in its share price. v   Nagpur-based Dassault Reliance Aerostructure (DRA) has started manufacturing components for Rafale fighter planes. A positive for Reliance Infrastructure which holds substantial stake in DRA. Accumulate. v   Despite the poor results, ONGC remains a good investment bet for the long term. Its falling share price provides an opportunity to accumulate. v   Atul Auto is set to double its production capacity. Its Q3 results were fairly strong despite the slowdown in the auto industry. Accumulate. v   Nelco launched aero in-flight communication services in India. A big positive for the company. Buy for the long term. v   The cement boom has begun. A good time to buy J.K. Cement which posted fantastic Q3 results. v   Vodafone Idea has shown its intent to pay its AGR dues to the De...
Post a Comment
Read more