| Daily Alerts |
| Results |
| HPCL: Weak results |
| | Results impacted by weak margins and adventitious loss, partially offset by higher other income | | | Weaker underlying refining and marketing margins mitigated by lower operating costs | | | Modest changes in EPS estimates; retain REDUCE and TP | |
| Container Corporation: Weakness continues |
| | 2QFY17 - a very weak quarter | | | New initiatives to help attract volumes and contain costs | | | Revise estimates; maintain REDUCE | |
| Indraprastha Gas: Strong volumes, but weak margins |
| | 12% yoy growth in volumes; 12% qoq moderation in unit EBITDA to Rs5.8/scm | | | Fine-tune EPS estimates; retain ADD with a revised target price of Rs880 | |
| Tata Global Beverages: Strong quarter operationally, revenue growth disappoints |
| | 2QFY17 earnings print - strong quarter operationally | | | Muted revenue growth and strong margin expansion across geographies/businesses | | | Raise EPS estimates by 6-9%; retain ADD with revised TP of Rs140/share | |
| Vardhman Textiles: Good results |
| | Strong results driven by expansion in margins | | | 5-7% qoq decline in sales volumes | | | 2HFY17 performance may be impacted by lower cotton prices and recent demonetization | |
| S H Kelkar and Company: Robust comps aided by low base and inorganic growth |
| | 2QFY17 earnings print - strong but in-line quarter | | | Strong show in domestic fragrance business; flavors growth partly aided by HTT consolidation | | | Cut EPS estimates by 5-8%; rich valuations keep us cautious on the stock - REDUCE stays | |
| Sector alerts |
| Cement: Cement prices - no news is good news |
| | Prices remain strong in North, West holding on to increases seen in preceding month | | | Higher production costs, weak volumes paint a gloomy 2HFY17 | |
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