Moneycontrol PRO

Ruchi Agrawal

Senior Research Analyst

Moneycontrol

Reduction in price of BT cotton seeds: Announcement a blow for global players

BUSINESS

Reduction in price of BT cotton seeds: Announcement a blow for global players

Over the past few years, there have been disputes about cotton seed prices and royalty payments to seed technology providers.

Closure of coal gasifiers in Morbi a positive for Gujarat Gas

BUSINESS

Closure of coal gasifiers in Morbi a positive for Gujarat Gas

Morbi accounts for almost 70 percent of the ceramic industry in India and almost five percent worldwide

Ideas for Profit | Healthy growth to continue for downstream gas sector

BUSINESS

Ideas for Profit | Healthy growth to continue for downstream gas sector

Allocation of new GAs in the 10th round of CGD bidding will be an additional growth driver for the future.

City gas bidding result: Who gains what?

BUSINESS

City gas bidding result: Who gains what?

Allocation of complementing geographies stands as a positive for the downstream gas companies and would facilitate higher utilisation of the existing infrastructure, thereby bringing added operating efficiencies in the long term

Agrochemical sector Q3FY19 review: Mixed bag; muted domestic growth, input costs weigh

BUSINESS

Agrochemical sector Q3FY19 review: Mixed bag; muted domestic growth, input costs weigh

Of the agrochemical stocks, we find PI Industries and Insecticides India on track for growth and would recommend to keep these on radar and accumulate for long term portfolio in a staggered manner.

Kaveri Seed Q3: Dismal performance continues, licence suspension hits stock price

BUSINESS

Kaveri Seed Q3: Dismal performance continues, licence suspension hits stock price

Ideas for Profit | Indian Hotels: Strong Q3 performance, international business witnessing green shoots

BUSINESS

Ideas for Profit | Indian Hotels: Strong Q3 performance, international business witnessing green shoots

Godrej Agrovet Q3FY19: Subdued result a blip; outlook positive

BUSINESS

Godrej Agrovet Q3FY19: Subdued result a blip; outlook positive

PI Industries Q3FY19: Strong show; improved exports, backward integration to drive future

BUSINESS

PI Industries Q3FY19: Strong show; improved exports, backward integration to drive future

After strong results, the stock has seen a sharp uptick intraday, however, it is still 5 percent below its 52-week high, at a 2020e PE of 22x. With a strong order book line up, improved exports and backward integration we expect the current performance to sustain.

First cut | Oil India Q3FY19 – crude oil and natural gas segment drive decent performance

BUSINESS

First cut | Oil India Q3FY19 – crude oil and natural gas segment drive decent performance

The performance of the LPG, pipeline and renewable energy business remained largely muted.

Indraprastha Gas: Strong Q3, healthy volume growth to continue

BUSINESS

Indraprastha Gas: Strong Q3, healthy volume growth to continue

Godrej Agrovet: A small break in a marathon

BUSINESS

Godrej Agrovet: A small break in a marathon

First cut } BPCL Q3FY19 – weak performance, inventory losses impact margins

BUSINESS

First cut } BPCL Q3FY19 – weak performance, inventory losses impact margins

Gross refining margins (GRMs) dipped in line with global margin contraction. Substantial inventory losses ate away the quarter’s profitability.

Tata Chemicals Q3 review: Soft quarter, one-offs weigh on profits

BUSINESS

Tata Chemicals Q3 review: Soft quarter, one-offs weigh on profits

Margins saw a sharp contraction with a 850 basis points YoY contraction in EBITDA margins.

First cut | HPCL Q3 review: High inventory losses weigh down profits

BUSINESS

First cut | HPCL Q3 review: High inventory losses weigh down profits

Gross refining margins (GRMs) saw a dip that was much in line with the global contraction, with substantial inventory losses also having impacted the company's profits.

UPL Q3 review: High leveraging to impact margins in short-term

EARNINGS

UPL Q3 review: High leveraging to impact margins in short-term

Stricter restrictions on sale of organophosphorus products in India also affected the domestic performance.

First cut | GAIL Q3: Weak performance in gas marketing, petrochemicals

BUSINESS

First cut | GAIL Q3: Weak performance in gas marketing, petrochemicals

Higher input costs ate away a portion of the operating profits despite inventory gains and a cut in employee expenses, finance costs and other expenses.

Petronet LNG Q3: Subdued performance; EBITDA contracts

BUSINESS

Petronet LNG Q3: Subdued performance; EBITDA contracts

While EBITDA margins slightly improved sequentially, there was a 252 basis point YoY contraction on the back of higher raw material costs and a surge in employee expenses.

Union Budget 2019-20: The agri push can make a difference if implemented with sincerity

BUSINESS

Union Budget 2019-20: The agri push can make a difference if implemented with sincerity

First Cut | UPL Q3FY19 review: Healthy performance but one-off affects net margins

BUSINESS

First Cut | UPL Q3FY19 review: Healthy performance but one-off affects net margins

Revenue saw a healthy 17.3 percent YOY uptick with EBITDA up 31 percent YOY and EBITDA margins inching around 199 basis points upwards

First cut | Petronet LNG Q3FY19: Subdued show, but multiple catalysts to drive future growth

BUSINESS

First cut | Petronet LNG Q3FY19: Subdued show, but multiple catalysts to drive future growth

Healthy volumes drive growth for Mahanagar Gas in Q3

EARNINGS

Healthy volumes drive growth for Mahanagar Gas in Q3

Sharda Cropchem Q3 review: Robust pipeline to provide respite in long-term

BUSINESS

Sharda Cropchem Q3 review: Robust pipeline to provide respite in long-term

While agrochemicals business reported a growth of 40.4 percent YoY, non-agrochemicals sales increased by 66.6 percent YoY.

First Cut | Indian Oil Corporation: Low margin, inventory losses impacts Q3 profit

EARNINGS

First Cut | Indian Oil Corporation: Low margin, inventory losses impacts Q3 profit

Gross refining margin saw a surprisingly steep fall during the quarter under review. Inventory losses impacted profits

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