Brief Growth Ideas: HSIE Results Daily: Asian Paints, Infoedge, Ashok Leyland, Max Financial Services... and more
In this briefing: HSIE Results Daily: Asian Paints, Infoedge, Ashok Leyland, Max Financial Services... Greenpanel Industries: Recovery Underway; Margin Levers Building Up. Maintain BUY Petro Viet Nam Ca Mau Fertilizer JSC (DCM VN) - Maintain- Growth Momentum Led by Exports PI Industries Ltd - Short-Term Headwinds Persist; Maintain HOLD Welspun Living Ltd - Maintaining Market Share Amidst Sectoral Headwinds; Retain BUY Rating 1. HSIE Results Daily: Asian Paints, Infoedge, Ashok Leyland, Max Financial Services... Asian Paints: APNT’s consolidated revenue grew 6.3% YoY to INR 85.3bn (HSIE: INR 80.5bn) Decorative clocked 10.9/6% volume/value growth, driven by intensified brand-building, step-up in product regionalization, widening B2B net, and early festive demand Extended monsoon did partially impact sales momentum though Content is external broker report sourced from online content aggregator through publicly available sources and is displayed below for general informational purposes only.