JYOTHYLAB.NSE

Jyothy Labs Ltd.

In this briefing: Aditya Birla Capital (ABCAP IN): Global Index Inclusion & Big Impact HSIE Results Daily: BSE, Navin Fluorine International, The Ramco Cements... Healthcare Global Enterprises Ltd - Guiding Steady Growth Ahead Jyothy Labs Ltd - Volumes Drive a Steady Quarter; Maintain HOLD Mahanagar Gas Ltd - Largely Inline Q3; Volume Growth on Track 1. Aditya Birla Capital (ABCAP IN): Global Index Inclusion & Big Impact Aditya Birla Capital Ltd (ABCAP IN) will be added to a global index later this month and passive trackers will need to buy a significant number of days of ADV. The impact in terms of delivery volume to buy is much higher and the stock looks underpositioned relative to the estimated passive buying. Aditya Birla Capital Ltd (ABCAP IN) could outperform peers in the short-term and there will be profit taking closer to implementation of the changes. 2. HSIE Results Daily: BSE, Navin Fluorine International, The Ramco Cements... BSE: BSE delivered a strong quarter with revenue rising 16.4% QoQ and 60.8% YoY, led by sustained traction in transaction revenue and strong book-building and listing fees Adjusted PAT (ex-labor laws provision, additional SGF, and impairment) came in at INR 6.5bn vs our estimate of INR 6.2bn Transaction revenue, contributing 77% of total revenue, surged 26% QoQ on continued gains in options market share and recovery in industry volumes Content is external broker report sourced from online content aggregator through publicly available sources and is displayed below for general informational purposes only.

In this briefing: HSIE Results Daily: BSE, Navin Fluorine International, The Ramco Cements... Healthcare Global Enterprises Ltd - Guiding Steady Growth Ahead Jyothy Labs Ltd - Volumes Drive a Steady Quarter; Maintain HOLD Mahanagar Gas Ltd - Largely Inline Q3; Volume Growth on Track Embassy Office Parks REIT Ltd - Q3FY26: Strategic Expansion and Rental Upside to Drive Growth 1. HSIE Results Daily: BSE, Navin Fluorine International, The Ramco Cements... BSE: BSE delivered a strong quarter with revenue rising 16.4% QoQ and 60.8% YoY, led by sustained traction in transaction revenue and strong book-building and listing fees Adjusted PAT (ex-labor laws provision, additional SGF, and impairment) came in at INR 6.5bn vs our estimate of INR 6.2bn Transaction revenue, contributing 77% of total revenue, surged 26% QoQ on continued gains in options market share and recovery in industry volumes Content is external broker report sourced from online content aggregator through publicly available sources and is displayed below for general informational purposes only.

In this briefing: Yeo Hiap Seng Ltd Initiation Jyothy Labs Ltd - Volumes Drive a Steady Quarter; Maintain HOLD Fraser and Neave Limited Initiation Mahanagar Gas Ltd - Largely Inline Q3; Volume Growth on Track Embassy Office Parks REIT Ltd - Q3FY26: Strategic Expansion and Rental Upside to Drive Growth 1. Yeo Hiap Seng Ltd Initiation Yeo Hiap Seng Limited is a Singapore-based F&B group with operations across Singapore, Malaysia, Cambodia, China, and other international markets. The Group operates two segments: Consumer F&B, covering Asian drinks and food products, and Others, comprising investment properties, equity investments, and property development. Yeo Hiap Seng Ltd is transitioning from volume-led manufacturing toward a brand-led portfolio to improve mix and margins, following the unwind of low-return co-packing exposure. 2. Jyothy Labs Ltd - Volumes Drive a Steady Quarter; Maintain HOLD Steady Growth Led by Volumes: Jyothy Labs delivered a steady Q3FY26 performance, with revenues rising 5% YoY to Rs 740 Cr, underpinned by healthy volume growth of 7.2%.

In this briefing: Yeo Hiap Seng Ltd Initiation Jyothy Labs Ltd - Volumes Drive a Steady Quarter; Maintain HOLD Fraser and Neave Limited Initiation Mahanagar Gas Ltd - Largely Inline Q3; Volume Growth on Track Embassy Office Parks REIT Ltd - Q3FY26: Strategic Expansion and Rental Upside to Drive Growth 1. Yeo Hiap Seng Ltd Initiation Yeo Hiap Seng Limited is a Singapore-based F&B group with operations across Singapore, Malaysia, Cambodia, China, and other international markets. The Group operates two segments: Consumer F&B, covering Asian drinks and food products, and Others, comprising investment properties, equity investments, and property development. Yeo Hiap Seng Ltd is transitioning from volume-led manufacturing toward a brand-led portfolio to improve mix and margins, following the unwind of low-return co-packing exposure. 2. Jyothy Labs Ltd - Volumes Drive a Steady Quarter; Maintain HOLD Steady Growth Led by Volumes: Jyothy Labs delivered a steady Q3FY26 performance, with revenues rising 5% YoY to Rs 740 Cr, underpinned by healthy volume growth of 7.2%.