LT Foods Ltd: Stellar Growth, Low Valuation
Moneylife Digital Team 08 November 2023
LT Foods continued its stellar performance. Revenue growth was supported by scaling of distribution in basmati & other specialty rice segments. For Q2FY23-24, sales were up by 14.7% year-on-year...
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Carborundum Universal: Suffering from Chinese Dumping and Muted European Demand
Moneylife Digital Team 08 November 2023
Carborundum Universal (Carborundum) reported muted sales growth mostly impacted by rouble exchange rate. Its Russian subsidiary VAW’s (Volzhsky Abrasives Works) sales were up by 24% year-on-year (y-o-y), in rouble terms. But, in...
IPO Review: ASK Automotive Ltd
Moneylife Digital Team 07 November 2023
ASK Automotive Ltd (ASK) is the largest manufacturer of brake-shoe and advanced braking (AB) systems for two-wheelers (2W) in India, with a market share of approximately 50% in FY22-23 in terms of production volume for original...
AGI Greenpac: Blockbuster Growth
Moneylife Digital Team 07 November 2023
AGI Greenpac Limited (AGI) is the second-largest glass container company in India with a 20% market share of India’s organised glass packaging industry. It has also moved up the value chain entering into high-margin specialty glass...
IPO Review: Protean e-Gov Technologies
Moneylife Digital Team 06 November 2023
Protean e-Gov Technologies (Protean) is an IT-enabled solutions (ITeS) company which conceptualises, develops and executes national and population-scale technology solutions. It has experience in creating digital public...
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