Daily Alerts |
Results |
Petronet LNG: Strong volumes drive earnings upgrade |
| Key takeaways from the conference call | | Raise estimates by 7-13% driven by higher volumes and lower operating costs | |
Voltas: Near term nebulous; medium term likely to be better |
| 2QFY17 - a mixed bag quarter | | Near term likely to be weak | | Medium term looks encouraging | | Revise estimates; maintain ADD | |
Results, Change in Reco |
Astral Poly Technik: Subdued operating performance; downgrade to SELL |
| Weaker-than-expected EBITDA offset by higher other income and favorable forex movement | | Pipes segment impacted by weak margins; profitability of adhesives improves | | Cut estimates by 8-16%; downgrade to SELL given expensive valuations at 32X FY2018E EPS | |
Sector alerts |
Insurance: A month of moderate performance |
| Moderate growth for most in October 2016 | | Retail inflows strong; expect volatility in the near term | |
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