In this briefing: RR Kabel Q2FY26: Strong Core, Aggressive Growth Path; Execution Key to Upside Primer: Pricol Ltd (PRIC IN) - Nov 2025 Lenskart Solutions IPO Trading - Very Strong Anchor Facing Weak Markets L&T’s Q2FY26: Don’t Mind the Margins, Watch the ₹6.67 Lakh Crore Backlog. NALCO — Margin Peak Sustained, Volume Upside from FY27 1. RR Kabel Q2FY26: Strong Core, Aggressive Growth Path; Execution Key to Upside RR Kabel delivered a strong Q2FY26 with 19.5% YoY revenue growth and EBITDA doubling , driven by robust volume expansion in its high-margin Cables & Wires segment. Solid core performance, backed by aggressive capex and margin expansion targets, positions RR Kabel as a key beneficiary of India’s accelerating infrastructure and industrial growth cycle. RR Kabel remains structurally well-placed for growth, though long-term margin gains depend on timely capex execution and a successful turnaround of its FMEG business . 2. Primer: Pricol Ltd (PRIC IN) - Nov 2025 Pricol is a leading Indian automotive components manufacturer, well-positioned to benefit from the increasing electronification and premiumization of vehicles, particularly in the two-wheeler segment where it holds a dominant market share for instrument clusters.

In this briefing: Primer: Global Digital Niaga Tbk PT (BELI IJ) - Nov 2025 Primer: GoTo Gojek Tokopedia Tbk PT (GOTO IJ) - Nov 2025 Quiddity Leaderboard HSCEI Dec25: Three Index Change Possible; ~US$264mn One-Way; Announcement Soon Primer: Bukalapak.com PT Tbk (BUKA IJ) - Nov 2025 Primer: Pricol Ltd (PRIC IN) - Nov 2025 1. Primer: Global Digital Niaga Tbk PT (BELI IJ) - Nov 2025 Integrated Omnichannel Ecosystem: Global Digital Niaga (Blibli) has built a comprehensive ecosystem combining e-commerce (Blibli), online travel (Tiket.com), and premium groceries (Ranch Market), aiming to capture a significant share of Indonesian consumer spending through an integrated online and offline strategy. Strong Revenue Growth but Persistent Losses: The company demonstrates a strong growth track record with a 13.6% year-over-year increase in revenue for FY2024. However, it continues to post significant net losses, with a net loss of IDR 2.53 trillion in 2024, highlighting the ongoing challenge of balancing aggressive growth with achieving profitability in a competitive market.

In this briefing: Singapore Market Roundup (10-Nov-2025): CGSI boosts DBS target price above $60, following Citi, Primer: Bukalapak.com PT Tbk (BUKA IJ) - Nov 2025 Primer: Merdeka Gold Resources (EMAS IJ) - Nov 2025 Primer: Pricol Ltd (PRIC IN) - Nov 2025 Smiths News — ‘Special’ dividend for a second year 1. Singapore Market Roundup (10-Nov-2025): CGSI boosts DBS target price above $60, following Citi, CGSI raises DBS target price above $60, joining Citi and Maybank. RHB raises OCBC's target price by 7% but remains ‘neutral’ post 3QFY2025 results. RHB maintains DBS as 'buy' and UOB as 'neutral' after 3QFY2025 results. 2. Primer: Bukalapak.com PT Tbk (BUKA IJ) - Nov 2025 Strategic pivot to an asset-light model, exiting the competitive physical goods marketplace to focus on higher-margin digital products and services, is showing early signs of success with a return to net profitability in Q1 2025 and improving adjusted EBITDA. Dominant position in the Online-to-Offline (O2O) segment through its Mitra network remains the core competitive advantage, tapping into Indonesia's vast and underserved traditional retail sector ('warungs') and driving a significant portion of revenue.

In this briefing: Tokai Holdings (3167 JP): 1H FY03/26 flash update Mitsuboshi Belting (5192 JP): 1H FY03/26 flash update Primer: Bukalapak.com PT Tbk (BUKA IJ) - Nov 2025 Primer: Merdeka Gold Resources (EMAS IJ) - Nov 2025 Primer: Pricol Ltd (PRIC IN) - Nov 2025 1. Tokai Holdings (3167 JP): 1H FY03/26 flash update FY03/26 sales were JPY114.5bn (+3.0% YoY), operating profit JPY6.2bn (+34.1% YoY), net income JPY3.6bn (+51.1% YoY). Information and Communications sales to corporate clients rose 12.0% YoY, driven by carrier and cloud services growth. Aqua services customer count increased by 16,000, surpassing 200,000, with sales JPY5.3bn (+9.9% YoY), operating profit JPY244mn (+82.9% YoY). 2. Mitsuboshi Belting (5192 JP): 1H FY03/26 flash update Mitsuboshi's revenue rose 0.9% YoY, with Belts segments offsetting lower Building & Construction Materials revenue. The company plans to pay an annual dividend of JPY186 per share in FY03/26, unchanged from FY03/25. Mitsuboshi announced a resolution to repurchase 350,000 shares, valued at JPY1.0bn, via market purchases on the Tokyo Stock Exchange. 3.

In this briefing: Quiddity Leaderboard HSCEI Dec25: Three Index Change Possible; ~US$264mn One-Way; Announcement Soon Primer: Bukalapak.com PT Tbk (BUKA IJ) - Nov 2025 Primer: Pricol Ltd (PRIC IN) - Nov 2025 SRS Holdings (8163 JP): 1H FY03/26 flash update Smiths News — ‘Special’ dividend for a second year 1. Quiddity Leaderboard HSCEI Dec25: Three Index Change Possible; ~US$264mn One-Way; Announcement Soon The HSCEI serves as a benchmark to reflect the overall performance of the top 50 "Mainland China" securities listed in Hong Kong. The official index changes and indicative weights for the December 2025 index rebal event will be announced publicly after the close on Friday 21st November 2025. We continue to expect three index changes for December 2025 and we estimate there to be capping flows of US$264mn one-way. 2. Primer: Bukalapak.com PT Tbk (BUKA IJ) - Nov 2025 Strategic pivot to an asset-light model, exiting the competitive physical goods marketplace to focus on higher-margin digital products and services, is showing early signs of success with a return to net profitability in Q1 2025 and improving adjusted EBITDA.

In this briefing: Primer: Bukalapak.com PT Tbk (BUKA IJ) - Nov 2025 Primer: Merdeka Gold Resources (EMAS IJ) - Nov 2025 Primer: Pricol Ltd (PRIC IN) - Nov 2025 Smiths News — ‘Special’ dividend for a second year Primer: Upwork Inc (UPWK US) - Nov 2025 1. Primer: Bukalapak.com PT Tbk (BUKA IJ) - Nov 2025 Strategic pivot to an asset-light model, exiting the competitive physical goods marketplace to focus on higher-margin digital products and services, is showing early signs of success with a return to net profitability in Q1 2025 and improving adjusted EBITDA. Dominant position in the Online-to-Offline (O2O) segment through its Mitra network remains the core competitive advantage, tapping into Indonesia's vast and underserved traditional retail sector ('warungs') and driving a significant portion of revenue. Maintains a robust balance sheet with a substantial cash and liquid investments position, providing significant financial flexibility for future growth initiatives, investments, and navigating the intensely competitive Indonesian e-commerce landscape.

In this briefing: Primer: Pricol Ltd (PRIC IN) - Nov 2025 Lenskart Solutions IPO Trading - Very Strong Anchor Facing Weak Markets L&T’s Q2FY26: Don’t Mind the Margins, Watch the ₹6.67 Lakh Crore Backlog. NALCO — Margin Peak Sustained, Volume Upside from FY27 Asian Equities: Earnings Estimate Upgrades Climbing, but Slowly and Selectively 1. Primer: Pricol Ltd (PRIC IN) - Nov 2025 Pricol is a leading Indian automotive components manufacturer, well-positioned to benefit from the increasing electronification and premiumization of vehicles, particularly in the two-wheeler segment where it holds a dominant market share for instrument clusters. The company is actively diversifying its product portfolio and customer base, with strategic partnerships and acquisitions aimed at capturing growth in the electric vehicle (EV) segment and reducing dependence on two-wheelers. While demonstrating strong revenue growth, the company faces challenges from margin pressure due to intense competition and rising input costs, alongside risks associated with the cyclical nature of the automotive industry and the transition to EVs.

In this briefing: Primer: Pricol Ltd (PRIC IN) - Nov 2025 SRS Holdings (8163 JP): 1H FY03/26 flash update Nihon Denkei (9908 JP): 1H FY03/26 flash update bpost SA - What's News in Amsterdam Smiths News — ‘Special’ dividend for a second year 1. Primer: Pricol Ltd (PRIC IN) - Nov 2025 Pricol is a leading Indian automotive components manufacturer, well-positioned to benefit from the increasing electronification and premiumization of vehicles, particularly in the two-wheeler segment where it holds a dominant market share for instrument clusters. The company is actively diversifying its product portfolio and customer base, with strategic partnerships and acquisitions aimed at capturing growth in the electric vehicle (EV) segment and reducing dependence on two-wheelers. While demonstrating strong revenue growth, the company faces challenges from margin pressure due to intense competition and rising input costs, alongside risks associated with the cyclical nature of the automotive industry and the transition to EVs.

» Smartkarma / by αSK / Equity Bottom-Up Pricol is a leading Indian automotive components manufacturer, well-positioned to benefit from the increasing electronification and premiumization of vehicles, particularly in the two-wheeler segment where it holds a dominant market share for instrument clusters. The company is actively diversifying its product portfolio and customer base, with strategic partnerships and acquisitions aimed at capturing growth in the electric vehicle (EV) segment and reducing dependence on two-wheelers. While demonstrating strong revenue growth, the company faces challenges from margin pressure due to intense competition and rising input costs, alongside risks associated with the cyclical nature of the automotive industry and the transition to EVs. This content is AI-generated and displayed for general informational purposes only. Please verify independently before use. » Get straight to the source on Smartkarma.