VMM: Net Profit at Rs 115 Cr Vs Rs 61 Cr, Revenue at Rs 2548 Cr Vs Rs 2069 Cr (YoY) (Positive) CFF Fluid Control: Net profit Rs. 10 cr vs Rs. 7 cr, Revenue at Rs. 66 cr vs Rs. 47 cr YoY (Positive) Five Star Business: Net profit Rs. 279 cr vs Rs….
Initiate Underperform with TP of Rs 90 Has built the lowest cost offline retail distribution in India 47% of stores have no other value retailer nearby Will face increasing competition & is at peak margin profile Competitors have stronger right to win than Vishal Going to enter a phase of increasing competition from offline and…
Domestic markets rebounded on Wednesday after a two-day slump. On Thursday, markets will react to US President Trump’s decision on reciprocal tariffs. Analysts say Indian equities are expected to remain volatile as they take cues from the initial response of the global markets. STATE OF THE MARKETSGIFT Nifty (Earlier SGX Nifty) signals a gap-down startGIFT…
