All results declared on 25th June 2020

All results declared on 25th June 2020

All results declared on 25th June 2020 #excelgiri

Apollo Hosp: Good
Ashok Leyland: better vs exp
CONCOR: mixed; sales down but margins improve

Good
JB Chem: ebidta up 40%
Garware Polyest: ebidta up 55%, pat up 23%
INEOS Styrolut: ebidta 22 cr vs loss earlier (but 115x ??)

Not bad
HAL: sales flat (high TR needs to watched – 11500 cr)

Weak
TTK Prestige: ebidta down 44%, pat down 80% (June qtr mein kya hoga)
Apar Ind: ebidta down 21%, PAT down 46%
Deccan Cements: ebidta down 60%
Kirl.Pneumatic: ebidta down 27%
Arvind Smart: pat down 15%
Goldiam Int: ebidta loss

Ugly
Insecticides India: reports an ebidta loss
Eimco Elecon: reports an ebidta loss
Indian Terrain: reports an ebidta loss; sales down 35%

Varinder Bansal

Managing Partner, Pantomath Asset Management. Ex-Corporate Editor & Head of Research, CNBC-TV18

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