{"id":19718,"date":"2023-11-06T17:26:35","date_gmt":"2023-11-06T11:56:35","guid":{"rendered":"https:\/\/www.moneyworks4me.com\/investmentshastra\/?p=19718"},"modified":"2023-11-08T12:33:31","modified_gmt":"2023-11-08T07:03:31","slug":"q2fy24-weekly-result-update-06-nov-2023","status":"publish","type":"post","link":"https:\/\/www.moneyworks4me.com\/investmentshastra\/q2fy24-weekly-result-update-06-nov-2023\/","title":{"rendered":"Q2FY24: Weekly Result Update Part 1 &#8211; Dabur, ACC, L&#038;T, Petronet"},"content":{"rendered":"<p>Dear Readers,<\/p>\n<p>Welcome to our company result update note. We understand the importance of staying up-to-date with the latest financial developments of the companies you have invested in. That&#8217;s why we are committed to providing you with short and insightful information about the earnings and performance of the companies in our coverage.<\/p>\n<div style=\"border: 2px solid #1eaf6d; padding: 10px; background-color: #c7ffe5; border-radius: 30px;\">\n<p><strong>Contents:<\/strong><\/p>\n<ul>\n<li><a href=\"#fmcg\">FMCG<\/a> (Dabur, Marico, Tata Consumer)<\/li>\n<li><a href=\"#qsr\">QSR<\/a> (Sapphire)<\/li>\n<li><a href=\"#cement\">Cement<\/a> (ACC)<\/li>\n<li><a href=\"#power\">Power<\/a> (NTPC)<\/li>\n<li><a href=\"#infra\">Infra<\/a> (L&amp;T)<\/li>\n<li><a href=\"#paints\">Paints<\/a><\/li>\n<li><a href=\"#gas\">Gas<\/a> (Petronet)<\/li>\n<li><a href=\"#footwear\">Footwear<\/a> (Relaxo)<\/li>\n<li><a href=\"#pipes\">Pipes<\/a><\/li>\n<li><a href=\"#consumer\">Consumer Discretionary<\/a><\/li>\n<\/ul>\n<\/div>\n<h2><span id=\"fmcg\" class=\"sta-anchor \" aria-hidden=\"true\">FMCG<\/span><\/h2>\n<h3>Marico Ltd<\/h3>\n<p><a class=\"gridlove-popup-img\" href=\"https:\/\/www.moneyworks4me.com\/investmentshastra\/wp-content\/uploads\/2023\/11\/Marico-Ltd.png\"><img decoding=\"async\" loading=\"lazy\" class=\"aligncenter wp-image-19720 size-full\" src=\"https:\/\/www.moneyworks4me.com\/investmentshastra\/wp-content\/uploads\/2023\/11\/Marico-Ltd.png\" alt=\"Marico Ltd\" width=\"815\" height=\"175\" srcset=\"https:\/\/www.moneyworks4me.com\/investmentshastra\/wp-content\/uploads\/2023\/11\/Marico-Ltd.png 815w, https:\/\/www.moneyworks4me.com\/investmentshastra\/wp-content\/uploads\/2023\/11\/Marico-Ltd-600x129.png 600w, https:\/\/www.moneyworks4me.com\/investmentshastra\/wp-content\/uploads\/2023\/11\/Marico-Ltd-150x32.png 150w, https:\/\/www.moneyworks4me.com\/investmentshastra\/wp-content\/uploads\/2023\/11\/Marico-Ltd-768x165.png 768w, https:\/\/www.moneyworks4me.com\/investmentshastra\/wp-content\/uploads\/2023\/11\/Marico-Ltd-270x58.png 270w, https:\/\/www.moneyworks4me.com\/investmentshastra\/wp-content\/uploads\/2023\/11\/Marico-Ltd-370x79.png 370w\" sizes=\"(max-width: 815px) 100vw, 815px\" title=\"\"><\/a><\/p>\n<p>At par result. Saffola brand revenue declined on impact of price cut in edible oil. Saffola food franchise continues to grow strongly at 25% YoY.<\/p>\n<p style=\"text-align: center;\"><a class=\"fasc-button fasc-size-medium fasc-type-flat fasc-rounded-medium\" style=\"background-color: #f27070; color: #ffffff;\" target=\"_blank\" rel=\"noopener\" href=\"https:\/\/www.moneyworks4me.com\/indianstocks\/large-cap\/fmcg\/consumer-food\/marico\/company-info\">Check, 10-Year X-ray Now!<\/a><\/p>\n<h3>Tata Consumer Products Ltd<\/h3>\n<p><a class=\"gridlove-popup-img\" href=\"https:\/\/www.moneyworks4me.com\/investmentshastra\/wp-content\/uploads\/2023\/11\/Tata-Consumer-Products-Ltd.png\"><img decoding=\"async\" loading=\"lazy\" class=\"aligncenter wp-image-19721 size-full\" src=\"https:\/\/www.moneyworks4me.com\/investmentshastra\/wp-content\/uploads\/2023\/11\/Tata-Consumer-Products-Ltd.png\" alt=\"Tata Consumer Products Ltd\" width=\"811\" height=\"254\" srcset=\"https:\/\/www.moneyworks4me.com\/investmentshastra\/wp-content\/uploads\/2023\/11\/Tata-Consumer-Products-Ltd.png 811w, https:\/\/www.moneyworks4me.com\/investmentshastra\/wp-content\/uploads\/2023\/11\/Tata-Consumer-Products-Ltd-600x188.png 600w, https:\/\/www.moneyworks4me.com\/investmentshastra\/wp-content\/uploads\/2023\/11\/Tata-Consumer-Products-Ltd-150x47.png 150w, https:\/\/www.moneyworks4me.com\/investmentshastra\/wp-content\/uploads\/2023\/11\/Tata-Consumer-Products-Ltd-768x241.png 768w, https:\/\/www.moneyworks4me.com\/investmentshastra\/wp-content\/uploads\/2023\/11\/Tata-Consumer-Products-Ltd-270x85.png 270w, https:\/\/www.moneyworks4me.com\/investmentshastra\/wp-content\/uploads\/2023\/11\/Tata-Consumer-Products-Ltd-370x116.png 370w\" sizes=\"(max-width: 811px) 100vw, 811px\" title=\"\"><\/a><\/p>\n<p>Strong result. Company has expanded it\u2019s sales &amp; distribution network reach to 3.8 million outlet. Now it plans to invest more in rurban area.&nbsp;<\/p>\n<p style=\"text-align: center;\"><a class=\"fasc-button fasc-size-medium fasc-type-flat fasc-rounded-medium\" style=\"background-color: #f27070; color: #ffffff;\" target=\"_blank\" rel=\"noopener\" href=\"https:\/\/www.moneyworks4me.com\/indianstocks\/large-cap\/agriculture-allied-activities\/tea-coffee\/tata-consumer-produc\/company-info\">Check, 10-Year X-ray Now!<\/a><\/p>\n<h3>Britannia Industries Ltd<\/h3>\n<p><a class=\"gridlove-popup-img\" href=\"https:\/\/www.moneyworks4me.com\/investmentshastra\/wp-content\/uploads\/2023\/11\/Britannia-Industries-Ltd.png\"><img decoding=\"async\" loading=\"lazy\" class=\"aligncenter wp-image-19722 size-full\" src=\"https:\/\/www.moneyworks4me.com\/investmentshastra\/wp-content\/uploads\/2023\/11\/Britannia-Industries-Ltd.png\" alt=\"Britannia Industries Ltd\" width=\"811\" height=\"198\" srcset=\"https:\/\/www.moneyworks4me.com\/investmentshastra\/wp-content\/uploads\/2023\/11\/Britannia-Industries-Ltd.png 811w, https:\/\/www.moneyworks4me.com\/investmentshastra\/wp-content\/uploads\/2023\/11\/Britannia-Industries-Ltd-600x146.png 600w, https:\/\/www.moneyworks4me.com\/investmentshastra\/wp-content\/uploads\/2023\/11\/Britannia-Industries-Ltd-150x37.png 150w, https:\/\/www.moneyworks4me.com\/investmentshastra\/wp-content\/uploads\/2023\/11\/Britannia-Industries-Ltd-768x188.png 768w, https:\/\/www.moneyworks4me.com\/investmentshastra\/wp-content\/uploads\/2023\/11\/Britannia-Industries-Ltd-270x66.png 270w, https:\/\/www.moneyworks4me.com\/investmentshastra\/wp-content\/uploads\/2023\/11\/Britannia-Industries-Ltd-370x90.png 370w\" sizes=\"(max-width: 811px) 100vw, 811px\" title=\"\"><\/a><\/p>\n<p>At par result. Company retained the input cost moderation leading to improvement in margin.<\/p>\n<p style=\"text-align: center;\"><a class=\"fasc-button fasc-size-medium fasc-type-flat fasc-rounded-medium\" style=\"background-color: #f27070; color: #ffffff;\" target=\"_blank\" rel=\"noopener\" href=\"https:\/\/www.moneyworks4me.com\/indianstocks\/large-cap\/fmcg\/consumer-food\/britannia-inds\/company-info\">Check, 10-Year X-ray Now!<\/a><\/p>\n<h3>Dabur India Ltd<\/h3>\n<p><a class=\"gridlove-popup-img\" href=\"https:\/\/www.moneyworks4me.com\/investmentshastra\/wp-content\/uploads\/2023\/11\/Dabur-India-Ltd.png\"><img decoding=\"async\" loading=\"lazy\" class=\"aligncenter wp-image-19723 size-full\" src=\"https:\/\/www.moneyworks4me.com\/investmentshastra\/wp-content\/uploads\/2023\/11\/Dabur-India-Ltd.png\" alt=\"Dabur India Ltd\" width=\"812\" height=\"202\" srcset=\"https:\/\/www.moneyworks4me.com\/investmentshastra\/wp-content\/uploads\/2023\/11\/Dabur-India-Ltd.png 812w, https:\/\/www.moneyworks4me.com\/investmentshastra\/wp-content\/uploads\/2023\/11\/Dabur-India-Ltd-600x149.png 600w, https:\/\/www.moneyworks4me.com\/investmentshastra\/wp-content\/uploads\/2023\/11\/Dabur-India-Ltd-150x37.png 150w, https:\/\/www.moneyworks4me.com\/investmentshastra\/wp-content\/uploads\/2023\/11\/Dabur-India-Ltd-768x191.png 768w, https:\/\/www.moneyworks4me.com\/investmentshastra\/wp-content\/uploads\/2023\/11\/Dabur-India-Ltd-270x67.png 270w, https:\/\/www.moneyworks4me.com\/investmentshastra\/wp-content\/uploads\/2023\/11\/Dabur-India-Ltd-370x92.png 370w\" sizes=\"(max-width: 812px) 100vw, 812px\" title=\"\"><\/a><\/p>\n<p>Robust performance. Mid-single-digit growth in healthcare and HPC business, while the food and beverages business declined by 7% YoY on account of uneven rainfall.<\/p>\n<p style=\"text-align: center;\"><a class=\"fasc-button fasc-size-medium fasc-type-flat fasc-rounded-medium\" style=\"background-color: #f27070; color: #ffffff;\" target=\"_blank\" rel=\"noopener\" href=\"https:\/\/www.moneyworks4me.com\/indianstocks\/large-cap\/fmcg\/household-personal-products\/dabur-india\/company-info\">Check, 10-Year X-ray Now!<\/a><\/p>\n<h2><span id=\"qsr\" class=\"sta-anchor \" aria-hidden=\"true\">QSR<\/span><\/h2>\n<h3>Jubilant Foodworks Ltd<\/h3>\n<p><a class=\"gridlove-popup-img\" href=\"https:\/\/www.moneyworks4me.com\/investmentshastra\/wp-content\/uploads\/2023\/11\/Jubilant-Foodworks-Ltd-1.png\"><img decoding=\"async\" loading=\"lazy\" class=\"aligncenter wp-image-19755 size-full\" src=\"https:\/\/www.moneyworks4me.com\/investmentshastra\/wp-content\/uploads\/2023\/11\/Jubilant-Foodworks-Ltd-1.png\" alt=\"Jubilant Foodworks Ltd\" width=\"814\" height=\"257\" srcset=\"https:\/\/www.moneyworks4me.com\/investmentshastra\/wp-content\/uploads\/2023\/11\/Jubilant-Foodworks-Ltd-1.png 814w, https:\/\/www.moneyworks4me.com\/investmentshastra\/wp-content\/uploads\/2023\/11\/Jubilant-Foodworks-Ltd-1-600x189.png 600w, https:\/\/www.moneyworks4me.com\/investmentshastra\/wp-content\/uploads\/2023\/11\/Jubilant-Foodworks-Ltd-1-150x47.png 150w, https:\/\/www.moneyworks4me.com\/investmentshastra\/wp-content\/uploads\/2023\/11\/Jubilant-Foodworks-Ltd-1-768x242.png 768w, https:\/\/www.moneyworks4me.com\/investmentshastra\/wp-content\/uploads\/2023\/11\/Jubilant-Foodworks-Ltd-1-270x85.png 270w, https:\/\/www.moneyworks4me.com\/investmentshastra\/wp-content\/uploads\/2023\/11\/Jubilant-Foodworks-Ltd-1-370x117.png 370w\" sizes=\"(max-width: 814px) 100vw, 814px\" title=\"\"><\/a><\/p>\n<p>At par result. Same store sales growth decline by -1% YoY but sequential improvement in average daily sale per store.<\/p>\n<p style=\"text-align: center;\"><a class=\"fasc-button fasc-size-medium fasc-type-flat fasc-rounded-medium\" style=\"background-color: #f27070; color: #ffffff;\" target=\"_blank\" rel=\"noopener\" href=\"https:\/\/www.moneyworks4me.com\/indianstocks\/mid-cap\/fmcg\/consumer-food\/jubilant-foodworks\/company-info\">Check, 10-Year X-ray Now!<\/a><\/p>\n<h3>Sapphire Foods India Ltd<\/h3>\n<p><a class=\"gridlove-popup-img\" href=\"https:\/\/www.moneyworks4me.com\/investmentshastra\/wp-content\/uploads\/2023\/11\/Sapphire-Foods-India-Ltd.png\"><img decoding=\"async\" loading=\"lazy\" class=\"aligncenter wp-image-19725 size-full\" src=\"https:\/\/www.moneyworks4me.com\/investmentshastra\/wp-content\/uploads\/2023\/11\/Sapphire-Foods-India-Ltd.png\" alt=\"Sapphire Foods India Ltd\" width=\"814\" height=\"177\" srcset=\"https:\/\/www.moneyworks4me.com\/investmentshastra\/wp-content\/uploads\/2023\/11\/Sapphire-Foods-India-Ltd.png 814w, https:\/\/www.moneyworks4me.com\/investmentshastra\/wp-content\/uploads\/2023\/11\/Sapphire-Foods-India-Ltd-600x130.png 600w, https:\/\/www.moneyworks4me.com\/investmentshastra\/wp-content\/uploads\/2023\/11\/Sapphire-Foods-India-Ltd-150x33.png 150w, https:\/\/www.moneyworks4me.com\/investmentshastra\/wp-content\/uploads\/2023\/11\/Sapphire-Foods-India-Ltd-768x167.png 768w, https:\/\/www.moneyworks4me.com\/investmentshastra\/wp-content\/uploads\/2023\/11\/Sapphire-Foods-India-Ltd-270x59.png 270w, https:\/\/www.moneyworks4me.com\/investmentshastra\/wp-content\/uploads\/2023\/11\/Sapphire-Foods-India-Ltd-370x80.png 370w\" sizes=\"(max-width: 814px) 100vw, 814px\" title=\"\"><\/a><\/p>\n<p>Subdued result. Same store sales growth for KFC was flat YoY while it declined by 20% for Pizza Hut India.<\/p>\n<p style=\"text-align: center;\"><a class=\"fasc-button fasc-size-medium fasc-type-flat fasc-rounded-medium\" style=\"background-color: #f27070; color: #ffffff;\" target=\"_blank\" rel=\"noopener\" href=\"https:\/\/www.moneyworks4me.com\/indianstocks\/small-cap\/fmcg\/consumer-food\/sapphire-foods-india\/company-info\">Check, 10-Year X-ray Now!<\/a><\/p>\n<h2><span id=\"cement\" class=\"sta-anchor \" aria-hidden=\"true\">Cement<\/span><\/h2>\n<h3>ACC Ltd<\/h3>\n<p><a class=\"gridlove-popup-img\" href=\"https:\/\/www.moneyworks4me.com\/investmentshastra\/wp-content\/uploads\/2023\/11\/ACC-Ltd.png\"><img decoding=\"async\" loading=\"lazy\" class=\"aligncenter wp-image-19726 size-full\" src=\"https:\/\/www.moneyworks4me.com\/investmentshastra\/wp-content\/uploads\/2023\/11\/ACC-Ltd.png\" alt=\"ACC Ltd\" width=\"808\" height=\"220\" srcset=\"https:\/\/www.moneyworks4me.com\/investmentshastra\/wp-content\/uploads\/2023\/11\/ACC-Ltd.png 808w, https:\/\/www.moneyworks4me.com\/investmentshastra\/wp-content\/uploads\/2023\/11\/ACC-Ltd-600x163.png 600w, https:\/\/www.moneyworks4me.com\/investmentshastra\/wp-content\/uploads\/2023\/11\/ACC-Ltd-150x41.png 150w, https:\/\/www.moneyworks4me.com\/investmentshastra\/wp-content\/uploads\/2023\/11\/ACC-Ltd-768x209.png 768w, https:\/\/www.moneyworks4me.com\/investmentshastra\/wp-content\/uploads\/2023\/11\/ACC-Ltd-270x74.png 270w, https:\/\/www.moneyworks4me.com\/investmentshastra\/wp-content\/uploads\/2023\/11\/ACC-Ltd-370x101.png 370w\" sizes=\"(max-width: 808px) 100vw, 808px\" title=\"\"><\/a><\/p>\n<p>At par result. Muted realization\/ton. Management guided capex of Rs. 2,500 Cr in FY24.<\/p>\n<p style=\"text-align: center;\"><a class=\"fasc-button fasc-size-medium fasc-type-flat fasc-rounded-medium\" style=\"background-color: #f27070; color: #ffffff;\" target=\"_blank\" rel=\"noopener\" href=\"https:\/\/www.moneyworks4me.com\/indianstocks\/mid-cap\/construction-infrastructure\/cement-construction-materials\/acc\/company-info\">Check, 10-Year X-ray Now!<\/a><\/p>\n<h3>Ambuja Cement (Standalone)<\/h3>\n<p><a class=\"gridlove-popup-img\" href=\"https:\/\/www.moneyworks4me.com\/investmentshastra\/wp-content\/uploads\/2023\/11\/Ambuja-Cement.png\"><img decoding=\"async\" loading=\"lazy\" class=\"aligncenter wp-image-19727 size-full\" src=\"https:\/\/www.moneyworks4me.com\/investmentshastra\/wp-content\/uploads\/2023\/11\/Ambuja-Cement.png\" alt=\"Ambuja Cement\" width=\"810\" height=\"230\" srcset=\"https:\/\/www.moneyworks4me.com\/investmentshastra\/wp-content\/uploads\/2023\/11\/Ambuja-Cement.png 810w, https:\/\/www.moneyworks4me.com\/investmentshastra\/wp-content\/uploads\/2023\/11\/Ambuja-Cement-600x170.png 600w, https:\/\/www.moneyworks4me.com\/investmentshastra\/wp-content\/uploads\/2023\/11\/Ambuja-Cement-150x43.png 150w, https:\/\/www.moneyworks4me.com\/investmentshastra\/wp-content\/uploads\/2023\/11\/Ambuja-Cement-768x218.png 768w, https:\/\/www.moneyworks4me.com\/investmentshastra\/wp-content\/uploads\/2023\/11\/Ambuja-Cement-270x77.png 270w, https:\/\/www.moneyworks4me.com\/investmentshastra\/wp-content\/uploads\/2023\/11\/Ambuja-Cement-370x105.png 370w\" sizes=\"(max-width: 810px) 100vw, 810px\" title=\"\"><\/a><\/p>\n<p>At par Result. Volume growth impacted by heavy rains in Himachal Pradesh and muted demand in eastern region.<\/p>\n<p style=\"text-align: center;\"><a class=\"fasc-button fasc-size-medium fasc-type-flat fasc-rounded-medium\" style=\"background-color: #f27070; color: #ffffff;\" target=\"_blank\" rel=\"noopener\" href=\"https:\/\/www.moneyworks4me.com\/indianstocks\/large-cap\/construction-infrastructure\/cement-construction-materials\/ambuja-cement\/company-info\">Check, 10-Year X-ray Now!<\/a><\/p>\n<h2><span id=\"power\" class=\"sta-anchor \" aria-hidden=\"true\">Power<\/span><\/h2>\n<h3>NTPC Ltd<\/h3>\n<p><a class=\"gridlove-popup-img\" href=\"https:\/\/www.moneyworks4me.com\/investmentshastra\/wp-content\/uploads\/2023\/11\/NTPC-Ltd.png\"><img decoding=\"async\" loading=\"lazy\" class=\"aligncenter wp-image-19728 size-full\" src=\"https:\/\/www.moneyworks4me.com\/investmentshastra\/wp-content\/uploads\/2023\/11\/NTPC-Ltd.png\" alt=\"NTPC Ltd\" width=\"811\" height=\"197\" srcset=\"https:\/\/www.moneyworks4me.com\/investmentshastra\/wp-content\/uploads\/2023\/11\/NTPC-Ltd.png 811w, https:\/\/www.moneyworks4me.com\/investmentshastra\/wp-content\/uploads\/2023\/11\/NTPC-Ltd-600x146.png 600w, https:\/\/www.moneyworks4me.com\/investmentshastra\/wp-content\/uploads\/2023\/11\/NTPC-Ltd-150x36.png 150w, https:\/\/www.moneyworks4me.com\/investmentshastra\/wp-content\/uploads\/2023\/11\/NTPC-Ltd-768x187.png 768w, https:\/\/www.moneyworks4me.com\/investmentshastra\/wp-content\/uploads\/2023\/11\/NTPC-Ltd-270x66.png 270w, https:\/\/www.moneyworks4me.com\/investmentshastra\/wp-content\/uploads\/2023\/11\/NTPC-Ltd-370x90.png 370w\" sizes=\"(max-width: 811px) 100vw, 811px\" title=\"\"><\/a><\/p>\n<p>Strong performance. Thermal Plant factor load (PLF) for H1FY24 stood at 76.6% as compared to national average of 68.8%. NTPC added 1,570 MW of commercial capacity in H1 FY24, including 110 MW from renewable sources.<\/p>\n<p style=\"text-align: center;\"><a class=\"fasc-button fasc-size-medium fasc-type-flat fasc-rounded-medium\" style=\"background-color: #f27070; color: #ffffff;\" target=\"_blank\" rel=\"noopener\" href=\"https:\/\/www.moneyworks4me.com\/indianstocks\/large-cap\/power\/power-generation-distribution\/ntpc\/company-info\">Check, 10-Year X-ray Now!<\/a><\/p>\n<h2><span id=\"infra\" class=\"sta-anchor \" aria-hidden=\"true\">Infra<\/span><\/h2>\n<h3>Larsen &amp; Toubro Ltd<\/h3>\n<p><a class=\"gridlove-popup-img\" href=\"https:\/\/www.moneyworks4me.com\/investmentshastra\/wp-content\/uploads\/2023\/11\/Larsen-Toubro-Ltd-1.png\"><img decoding=\"async\" loading=\"lazy\" class=\"aligncenter wp-image-19756 size-full\" src=\"https:\/\/www.moneyworks4me.com\/investmentshastra\/wp-content\/uploads\/2023\/11\/Larsen-Toubro-Ltd-1.png\" alt=\"Larsen &amp; Toubro Ltd\" width=\"812\" height=\"283\" srcset=\"https:\/\/www.moneyworks4me.com\/investmentshastra\/wp-content\/uploads\/2023\/11\/Larsen-Toubro-Ltd-1.png 812w, https:\/\/www.moneyworks4me.com\/investmentshastra\/wp-content\/uploads\/2023\/11\/Larsen-Toubro-Ltd-1-600x209.png 600w, https:\/\/www.moneyworks4me.com\/investmentshastra\/wp-content\/uploads\/2023\/11\/Larsen-Toubro-Ltd-1-150x52.png 150w, https:\/\/www.moneyworks4me.com\/investmentshastra\/wp-content\/uploads\/2023\/11\/Larsen-Toubro-Ltd-1-768x268.png 768w, https:\/\/www.moneyworks4me.com\/investmentshastra\/wp-content\/uploads\/2023\/11\/Larsen-Toubro-Ltd-1-270x94.png 270w, https:\/\/www.moneyworks4me.com\/investmentshastra\/wp-content\/uploads\/2023\/11\/Larsen-Toubro-Ltd-1-370x129.png 370w\" sizes=\"(max-width: 812px) 100vw, 812px\" title=\"\"><\/a><\/p>\n<p>Strong performance on back of strong order book growth of 72% and continuous improvement in net working capital.<\/p>\n<p style=\"text-align: center;\"><a class=\"fasc-button fasc-size-medium fasc-type-flat fasc-rounded-medium\" style=\"background-color: #f27070; color: #ffffff;\" target=\"_blank\" rel=\"noopener\" href=\"https:\/\/www.moneyworks4me.com\/indianstocks\/large-cap\/construction-infrastructure\/engineering-construction\/larsen-toubro\/company-info\">Check, 10-Year X-ray Now!<\/a><\/p>\n<h3>KEC International Ltd<\/h3>\n<p><a class=\"gridlove-popup-img\" href=\"https:\/\/www.moneyworks4me.com\/investmentshastra\/wp-content\/uploads\/2023\/11\/K-E-C-International-Ltd.png\"><img decoding=\"async\" loading=\"lazy\" class=\"aligncenter wp-image-19730 size-full\" src=\"https:\/\/www.moneyworks4me.com\/investmentshastra\/wp-content\/uploads\/2023\/11\/K-E-C-International-Ltd.png\" alt=\"KEC International Ltd\" width=\"813\" height=\"181\" srcset=\"https:\/\/www.moneyworks4me.com\/investmentshastra\/wp-content\/uploads\/2023\/11\/K-E-C-International-Ltd.png 813w, https:\/\/www.moneyworks4me.com\/investmentshastra\/wp-content\/uploads\/2023\/11\/K-E-C-International-Ltd-600x134.png 600w, https:\/\/www.moneyworks4me.com\/investmentshastra\/wp-content\/uploads\/2023\/11\/K-E-C-International-Ltd-150x33.png 150w, https:\/\/www.moneyworks4me.com\/investmentshastra\/wp-content\/uploads\/2023\/11\/K-E-C-International-Ltd-768x171.png 768w, https:\/\/www.moneyworks4me.com\/investmentshastra\/wp-content\/uploads\/2023\/11\/K-E-C-International-Ltd-270x60.png 270w, https:\/\/www.moneyworks4me.com\/investmentshastra\/wp-content\/uploads\/2023\/11\/K-E-C-International-Ltd-370x82.png 370w\" sizes=\"(max-width: 813px) 100vw, 813px\" title=\"\"><\/a><\/p>\n<p>Strong Performance on back of order intake of Rs. ~9,000 Cr majorly in Transmission, Distribution and Civil Business. Management expects EBITDA margins to continue to improve over the next few quarters.<\/p>\n<p style=\"text-align: center;\"><a class=\"fasc-button fasc-size-medium fasc-type-flat fasc-rounded-medium\" style=\"background-color: #f27070; color: #ffffff;\" target=\"_blank\" rel=\"noopener\" href=\"https:\/\/www.moneyworks4me.com\/indianstocks\/small-cap\/construction-infrastructure\/engineering-construction\/kec-international\/company-info\">Check, 10-Year X-ray Now!<\/a><\/p>\n<h2><a href=\"https:\/\/www.moneyworks4me.com\/how-the-heck-to-invest-and-reach-nirvana?from=investmentshastra-blog-q2fy24-weekly-result-update-06-nov-2023\"><img decoding=\"async\" loading=\"lazy\" class=\"aligncenter wp-image-19353 size-full\" src=\"https:\/\/www.moneyworks4me.com\/investmentshastra\/wp-content\/uploads\/2023\/09\/how-the-heck-to-invest-and-reach-nirvana.png\" alt=\"\" width=\"2560\" height=\"960\" srcset=\"https:\/\/www.moneyworks4me.com\/investmentshastra\/wp-content\/uploads\/2023\/09\/how-the-heck-to-invest-and-reach-nirvana.png 2560w, https:\/\/www.moneyworks4me.com\/investmentshastra\/wp-content\/uploads\/2023\/09\/how-the-heck-to-invest-and-reach-nirvana-600x225.png 600w, https:\/\/www.moneyworks4me.com\/investmentshastra\/wp-content\/uploads\/2023\/09\/how-the-heck-to-invest-and-reach-nirvana-1024x384.png 1024w, https:\/\/www.moneyworks4me.com\/investmentshastra\/wp-content\/uploads\/2023\/09\/how-the-heck-to-invest-and-reach-nirvana-150x56.png 150w, https:\/\/www.moneyworks4me.com\/investmentshastra\/wp-content\/uploads\/2023\/09\/how-the-heck-to-invest-and-reach-nirvana-768x288.png 768w, https:\/\/www.moneyworks4me.com\/investmentshastra\/wp-content\/uploads\/2023\/09\/how-the-heck-to-invest-and-reach-nirvana-1536x576.png 1536w, https:\/\/www.moneyworks4me.com\/investmentshastra\/wp-content\/uploads\/2023\/09\/how-the-heck-to-invest-and-reach-nirvana-2048x768.png 2048w, https:\/\/www.moneyworks4me.com\/investmentshastra\/wp-content\/uploads\/2023\/09\/how-the-heck-to-invest-and-reach-nirvana-270x101.png 270w, https:\/\/www.moneyworks4me.com\/investmentshastra\/wp-content\/uploads\/2023\/09\/how-the-heck-to-invest-and-reach-nirvana-370x139.png 370w\" sizes=\"(max-width: 2560px) 100vw, 2560px\" title=\"\"><\/a><\/h2>\n<h2><span id=\"paints\" class=\"sta-anchor \" aria-hidden=\"true\">Paints<\/span><\/h2>\n<h3>Asian Paints Ltd<\/h3>\n<p><a class=\"gridlove-popup-img\" href=\"https:\/\/www.moneyworks4me.com\/investmentshastra\/wp-content\/uploads\/2023\/11\/Asian-Paints-Ltd.png\"><img decoding=\"async\" loading=\"lazy\" class=\"aligncenter wp-image-19731 size-full\" src=\"https:\/\/www.moneyworks4me.com\/investmentshastra\/wp-content\/uploads\/2023\/11\/Asian-Paints-Ltd.png\" alt=\"Asian Paints Ltd\" width=\"818\" height=\"229\" srcset=\"https:\/\/www.moneyworks4me.com\/investmentshastra\/wp-content\/uploads\/2023\/11\/Asian-Paints-Ltd.png 818w, https:\/\/www.moneyworks4me.com\/investmentshastra\/wp-content\/uploads\/2023\/11\/Asian-Paints-Ltd-600x168.png 600w, https:\/\/www.moneyworks4me.com\/investmentshastra\/wp-content\/uploads\/2023\/11\/Asian-Paints-Ltd-150x42.png 150w, https:\/\/www.moneyworks4me.com\/investmentshastra\/wp-content\/uploads\/2023\/11\/Asian-Paints-Ltd-768x215.png 768w, https:\/\/www.moneyworks4me.com\/investmentshastra\/wp-content\/uploads\/2023\/11\/Asian-Paints-Ltd-270x76.png 270w, https:\/\/www.moneyworks4me.com\/investmentshastra\/wp-content\/uploads\/2023\/11\/Asian-Paints-Ltd-370x104.png 370w\" sizes=\"(max-width: 818px) 100vw, 818px\" title=\"\"><\/a><\/p>\n<p>At par result. Board approved equity dividend of Rs. 5.15 per share.<\/p>\n<p style=\"text-align: center;\"><a class=\"fasc-button fasc-size-medium fasc-type-flat fasc-rounded-medium\" style=\"background-color: #f27070; color: #ffffff;\" target=\"_blank\" rel=\"noopener\" href=\"https:\/\/www.moneyworks4me.com\/indianstocks\/large-cap\/chemicals-fertilizers\/paints\/asian-paints\/company-info\">Check, 10-Year X-ray Now!<\/a><\/p>\n<h3>Kansai Nerolac Paints Ltd<\/h3>\n<p><a class=\"gridlove-popup-img\" href=\"https:\/\/www.moneyworks4me.com\/investmentshastra\/wp-content\/uploads\/2023\/11\/Kansai-Nerolac-Paints-Ltd.png\"><img decoding=\"async\" loading=\"lazy\" class=\"aligncenter wp-image-19732 size-full\" src=\"https:\/\/www.moneyworks4me.com\/investmentshastra\/wp-content\/uploads\/2023\/11\/Kansai-Nerolac-Paints-Ltd.png\" alt=\"Kansai Nerolac Paints Ltd\" width=\"825\" height=\"203\" srcset=\"https:\/\/www.moneyworks4me.com\/investmentshastra\/wp-content\/uploads\/2023\/11\/Kansai-Nerolac-Paints-Ltd.png 825w, https:\/\/www.moneyworks4me.com\/investmentshastra\/wp-content\/uploads\/2023\/11\/Kansai-Nerolac-Paints-Ltd-600x148.png 600w, https:\/\/www.moneyworks4me.com\/investmentshastra\/wp-content\/uploads\/2023\/11\/Kansai-Nerolac-Paints-Ltd-150x37.png 150w, https:\/\/www.moneyworks4me.com\/investmentshastra\/wp-content\/uploads\/2023\/11\/Kansai-Nerolac-Paints-Ltd-768x189.png 768w, https:\/\/www.moneyworks4me.com\/investmentshastra\/wp-content\/uploads\/2023\/11\/Kansai-Nerolac-Paints-Ltd-270x66.png 270w, https:\/\/www.moneyworks4me.com\/investmentshastra\/wp-content\/uploads\/2023\/11\/Kansai-Nerolac-Paints-Ltd-370x91.png 370w\" sizes=\"(max-width: 825px) 100vw, 825px\" title=\"\"><\/a><\/p>\n<p>At par result.&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<\/p>\n<p style=\"text-align: center;\"><a class=\"fasc-button fasc-size-medium fasc-type-flat fasc-rounded-medium\" style=\"background-color: #f27070; color: #ffffff;\" target=\"_blank\" rel=\"noopener\" href=\"https:\/\/www.moneyworks4me.com\/indianstocks\/mid-cap\/chemicals-fertilizers\/paints\/kansai-nerolac-paint\/company-info\">Check, 10-Year X-ray Now!<\/a><\/p>\n<h3>Berger Paints India Ltd<\/h3>\n<p><a class=\"gridlove-popup-img\" href=\"https:\/\/www.moneyworks4me.com\/investmentshastra\/wp-content\/uploads\/2023\/11\/Berger-Paints-India-Ltd.png\"><img decoding=\"async\" loading=\"lazy\" class=\"aligncenter wp-image-19733 size-full\" src=\"https:\/\/www.moneyworks4me.com\/investmentshastra\/wp-content\/uploads\/2023\/11\/Berger-Paints-India-Ltd.png\" alt=\"Berger Paints India Ltd\" width=\"815\" height=\"233\" srcset=\"https:\/\/www.moneyworks4me.com\/investmentshastra\/wp-content\/uploads\/2023\/11\/Berger-Paints-India-Ltd.png 815w, https:\/\/www.moneyworks4me.com\/investmentshastra\/wp-content\/uploads\/2023\/11\/Berger-Paints-India-Ltd-600x172.png 600w, https:\/\/www.moneyworks4me.com\/investmentshastra\/wp-content\/uploads\/2023\/11\/Berger-Paints-India-Ltd-150x43.png 150w, https:\/\/www.moneyworks4me.com\/investmentshastra\/wp-content\/uploads\/2023\/11\/Berger-Paints-India-Ltd-768x220.png 768w, https:\/\/www.moneyworks4me.com\/investmentshastra\/wp-content\/uploads\/2023\/11\/Berger-Paints-India-Ltd-270x77.png 270w, https:\/\/www.moneyworks4me.com\/investmentshastra\/wp-content\/uploads\/2023\/11\/Berger-Paints-India-Ltd-370x106.png 370w\" sizes=\"(max-width: 815px) 100vw, 815px\" title=\"\"><\/a>At par result.<\/p>\n<p style=\"text-align: center;\"><a class=\"fasc-button fasc-size-medium fasc-type-flat fasc-rounded-medium\" style=\"background-color: #f27070; color: #ffffff;\" target=\"_blank\" rel=\"noopener\" href=\"https:\/\/www.moneyworks4me.com\/indianstocks\/large-cap\/chemicals-fertilizers\/paints\/berger-paints-india\/company-info\">Check, 10-Year X-ray Now!<\/a>&nbsp;&nbsp;&nbsp;&nbsp;<\/p>\n<h2><span id=\"gas\" class=\"sta-anchor \" aria-hidden=\"true\">Gas<\/span><\/h2>\n<h3>Mahanagar Gas Ltd<\/h3>\n<p><a class=\"gridlove-popup-img\" href=\"https:\/\/www.moneyworks4me.com\/investmentshastra\/wp-content\/uploads\/2023\/11\/Mahanagar-Gas-Ltd.png\"><img decoding=\"async\" loading=\"lazy\" class=\"aligncenter wp-image-19734 size-full\" src=\"https:\/\/www.moneyworks4me.com\/investmentshastra\/wp-content\/uploads\/2023\/11\/Mahanagar-Gas-Ltd.png\" alt=\"Mahanagar Gas Ltd\" width=\"817\" height=\"179\" srcset=\"https:\/\/www.moneyworks4me.com\/investmentshastra\/wp-content\/uploads\/2023\/11\/Mahanagar-Gas-Ltd.png 817w, https:\/\/www.moneyworks4me.com\/investmentshastra\/wp-content\/uploads\/2023\/11\/Mahanagar-Gas-Ltd-600x131.png 600w, https:\/\/www.moneyworks4me.com\/investmentshastra\/wp-content\/uploads\/2023\/11\/Mahanagar-Gas-Ltd-150x33.png 150w, https:\/\/www.moneyworks4me.com\/investmentshastra\/wp-content\/uploads\/2023\/11\/Mahanagar-Gas-Ltd-768x168.png 768w, https:\/\/www.moneyworks4me.com\/investmentshastra\/wp-content\/uploads\/2023\/11\/Mahanagar-Gas-Ltd-270x59.png 270w, https:\/\/www.moneyworks4me.com\/investmentshastra\/wp-content\/uploads\/2023\/11\/Mahanagar-Gas-Ltd-370x81.png 370w\" sizes=\"(max-width: 817px) 100vw, 817px\" title=\"\"><\/a><\/p>\n<p>A good set of results. EBITDA\/SCM remained well above historical level which led to strong earnings growth. Management has guided for a capex of Rs. 800 Cr for FY24.<\/p>\n<p style=\"text-align: center;\"><a class=\"fasc-button fasc-size-medium fasc-type-flat fasc-rounded-medium\" style=\"background-color: #f27070; color: #ffffff;\" target=\"_blank\" rel=\"noopener\" href=\"https:\/\/www.moneyworks4me.com\/indianstocks\/small-cap\/oil-gas\/gas-transmission-marketing\/mahanagar-gas\/company-info\">Check, 10-Year X-ray Now!<\/a><\/p>\n<h3>Indraprastha Gas Ltd<\/h3>\n<p><a class=\"gridlove-popup-img\" href=\"https:\/\/www.moneyworks4me.com\/investmentshastra\/wp-content\/uploads\/2023\/11\/Indraprastha-Gas-Ltd.png\"><img decoding=\"async\" loading=\"lazy\" class=\"aligncenter wp-image-19735 size-full\" src=\"https:\/\/www.moneyworks4me.com\/investmentshastra\/wp-content\/uploads\/2023\/11\/Indraprastha-Gas-Ltd.png\" alt=\"Indraprastha Gas Ltd\" width=\"815\" height=\"188\" srcset=\"https:\/\/www.moneyworks4me.com\/investmentshastra\/wp-content\/uploads\/2023\/11\/Indraprastha-Gas-Ltd.png 815w, https:\/\/www.moneyworks4me.com\/investmentshastra\/wp-content\/uploads\/2023\/11\/Indraprastha-Gas-Ltd-600x138.png 600w, https:\/\/www.moneyworks4me.com\/investmentshastra\/wp-content\/uploads\/2023\/11\/Indraprastha-Gas-Ltd-150x35.png 150w, https:\/\/www.moneyworks4me.com\/investmentshastra\/wp-content\/uploads\/2023\/11\/Indraprastha-Gas-Ltd-768x177.png 768w, https:\/\/www.moneyworks4me.com\/investmentshastra\/wp-content\/uploads\/2023\/11\/Indraprastha-Gas-Ltd-270x62.png 270w, https:\/\/www.moneyworks4me.com\/investmentshastra\/wp-content\/uploads\/2023\/11\/Indraprastha-Gas-Ltd-370x85.png 370w\" sizes=\"(max-width: 815px) 100vw, 815px\" title=\"\"><\/a><\/p>\n<p>Subdued result.<\/p>\n<p style=\"text-align: center;\"><a class=\"fasc-button fasc-size-medium fasc-type-flat fasc-rounded-medium\" style=\"background-color: #f27070; color: #ffffff;\" target=\"_blank\" rel=\"noopener\" href=\"https:\/\/www.moneyworks4me.com\/indianstocks\/mid-cap\/oil-gas\/industrial-gases-fuels\/indraprastha-gas\/company-info\">Check, 10-Year X-ray Now!<\/a><\/p>\n<h3>Petronet LNG<\/h3>\n<p><a class=\"gridlove-popup-img\" href=\"https:\/\/www.moneyworks4me.com\/investmentshastra\/wp-content\/uploads\/2023\/11\/Petronet-LNG.png\"><img decoding=\"async\" loading=\"lazy\" class=\"aligncenter wp-image-19736 size-full\" src=\"https:\/\/www.moneyworks4me.com\/investmentshastra\/wp-content\/uploads\/2023\/11\/Petronet-LNG.png\" alt=\"Petronet LNG\" width=\"811\" height=\"198\" srcset=\"https:\/\/www.moneyworks4me.com\/investmentshastra\/wp-content\/uploads\/2023\/11\/Petronet-LNG.png 811w, https:\/\/www.moneyworks4me.com\/investmentshastra\/wp-content\/uploads\/2023\/11\/Petronet-LNG-600x146.png 600w, https:\/\/www.moneyworks4me.com\/investmentshastra\/wp-content\/uploads\/2023\/11\/Petronet-LNG-150x37.png 150w, https:\/\/www.moneyworks4me.com\/investmentshastra\/wp-content\/uploads\/2023\/11\/Petronet-LNG-768x188.png 768w, https:\/\/www.moneyworks4me.com\/investmentshastra\/wp-content\/uploads\/2023\/11\/Petronet-LNG-270x66.png 270w, https:\/\/www.moneyworks4me.com\/investmentshastra\/wp-content\/uploads\/2023\/11\/Petronet-LNG-370x90.png 370w\" sizes=\"(max-width: 811px) 100vw, 811px\" title=\"\"><\/a><\/p>\n<p>At par result. Management approved the capex of Rs.~21,000 Cr towards PDHPP plant.<\/p>\n<p style=\"text-align: center;\"><a class=\"fasc-button fasc-size-medium fasc-type-flat fasc-rounded-medium\" style=\"background-color: #f27070; color: #ffffff;\" target=\"_blank\" rel=\"noopener\" href=\"https:\/\/www.moneyworks4me.com\/indianstocks\/mid-cap\/oil-gas\/industrial-gases-fuels\/petronet-lng\/company-info\">Check, 10-Year X-ray Now!<\/a><\/p>\n<h3>Gujarat Gas<\/h3>\n<p><a class=\"gridlove-popup-img\" href=\"https:\/\/www.moneyworks4me.com\/investmentshastra\/wp-content\/uploads\/2023\/11\/Gujarat-gas.png\"><img decoding=\"async\" loading=\"lazy\" class=\"aligncenter wp-image-19737 size-full\" src=\"https:\/\/www.moneyworks4me.com\/investmentshastra\/wp-content\/uploads\/2023\/11\/Gujarat-gas.png\" alt=\"Gujarat gas\" width=\"818\" height=\"177\" srcset=\"https:\/\/www.moneyworks4me.com\/investmentshastra\/wp-content\/uploads\/2023\/11\/Gujarat-gas.png 818w, https:\/\/www.moneyworks4me.com\/investmentshastra\/wp-content\/uploads\/2023\/11\/Gujarat-gas-600x130.png 600w, https:\/\/www.moneyworks4me.com\/investmentshastra\/wp-content\/uploads\/2023\/11\/Gujarat-gas-150x32.png 150w, https:\/\/www.moneyworks4me.com\/investmentshastra\/wp-content\/uploads\/2023\/11\/Gujarat-gas-768x166.png 768w, https:\/\/www.moneyworks4me.com\/investmentshastra\/wp-content\/uploads\/2023\/11\/Gujarat-gas-270x58.png 270w, https:\/\/www.moneyworks4me.com\/investmentshastra\/wp-content\/uploads\/2023\/11\/Gujarat-gas-370x80.png 370w\" sizes=\"(max-width: 818px) 100vw, 818px\" title=\"\"><\/a><\/p>\n<p>Subdued result. Volume for Q2FY24 stood at 9.3 million metric standard cubic meters per day (mmscmd).<\/p>\n<p style=\"text-align: center;\"><a class=\"fasc-button fasc-size-medium fasc-type-flat fasc-rounded-medium\" style=\"background-color: #f27070; color: #ffffff;\" target=\"_blank\" rel=\"noopener\" href=\"https:\/\/www.moneyworks4me.com\/indianstocks\/mid-cap\/oil-gas\/gas-transmission-marketing\/gujarat-gas\/company-info\">Check, 10-Year X-ray Now!<\/a><\/p>\n<h2><span id=\"footwear\" class=\"sta-anchor \" aria-hidden=\"true\">Footwear<\/span><\/h2>\n<h3>Relaxo Footwears Ltd<\/h3>\n<p><a class=\"gridlove-popup-img\" href=\"https:\/\/www.moneyworks4me.com\/investmentshastra\/wp-content\/uploads\/2023\/11\/Relaxo-Footwears-Ltd.png\"><img decoding=\"async\" loading=\"lazy\" class=\"aligncenter wp-image-19738 size-full\" src=\"https:\/\/www.moneyworks4me.com\/investmentshastra\/wp-content\/uploads\/2023\/11\/Relaxo-Footwears-Ltd.png\" alt=\"Relaxo Footwears Ltd\" width=\"825\" height=\"208\" srcset=\"https:\/\/www.moneyworks4me.com\/investmentshastra\/wp-content\/uploads\/2023\/11\/Relaxo-Footwears-Ltd.png 825w, https:\/\/www.moneyworks4me.com\/investmentshastra\/wp-content\/uploads\/2023\/11\/Relaxo-Footwears-Ltd-600x151.png 600w, https:\/\/www.moneyworks4me.com\/investmentshastra\/wp-content\/uploads\/2023\/11\/Relaxo-Footwears-Ltd-150x38.png 150w, https:\/\/www.moneyworks4me.com\/investmentshastra\/wp-content\/uploads\/2023\/11\/Relaxo-Footwears-Ltd-768x194.png 768w, https:\/\/www.moneyworks4me.com\/investmentshastra\/wp-content\/uploads\/2023\/11\/Relaxo-Footwears-Ltd-270x68.png 270w, https:\/\/www.moneyworks4me.com\/investmentshastra\/wp-content\/uploads\/2023\/11\/Relaxo-Footwears-Ltd-370x93.png 370w\" sizes=\"(max-width: 825px) 100vw, 825px\" title=\"\"><\/a><\/p>\n<p>At par result. The volume increase is offset by a fall in average realization per pair which stood at Rs. 147 compared to Rs. 169 in Q2FY23.<\/p>\n<p style=\"text-align: center;\"><a class=\"fasc-button fasc-size-medium fasc-type-flat fasc-rounded-medium\" style=\"background-color: #f27070; color: #ffffff;\" target=\"_blank\" rel=\"noopener\" href=\"https:\/\/www.moneyworks4me.com\/indianstocks\/mid-cap\/fmcg\/footwear\/relaxo-footwears\/company-info\">Check, 10-Year X-ray Now!<\/a><\/p>\n<h2><span id=\"pipes\" class=\"sta-anchor \" aria-hidden=\"true\">Pipes<\/span><\/h2>\n<h3>Supreme Industries<\/h3>\n<p><a class=\"gridlove-popup-img\" href=\"https:\/\/www.moneyworks4me.com\/investmentshastra\/wp-content\/uploads\/2023\/11\/Supreme-Industries-1.png\"><img decoding=\"async\" loading=\"lazy\" class=\"aligncenter wp-image-19753 size-full\" src=\"https:\/\/www.moneyworks4me.com\/investmentshastra\/wp-content\/uploads\/2023\/11\/Supreme-Industries-1.png\" alt=\"Supreme Industries\" width=\"823\" height=\"207\" srcset=\"https:\/\/www.moneyworks4me.com\/investmentshastra\/wp-content\/uploads\/2023\/11\/Supreme-Industries-1.png 823w, https:\/\/www.moneyworks4me.com\/investmentshastra\/wp-content\/uploads\/2023\/11\/Supreme-Industries-1-600x151.png 600w, https:\/\/www.moneyworks4me.com\/investmentshastra\/wp-content\/uploads\/2023\/11\/Supreme-Industries-1-150x38.png 150w, https:\/\/www.moneyworks4me.com\/investmentshastra\/wp-content\/uploads\/2023\/11\/Supreme-Industries-1-768x193.png 768w, https:\/\/www.moneyworks4me.com\/investmentshastra\/wp-content\/uploads\/2023\/11\/Supreme-Industries-1-270x68.png 270w, https:\/\/www.moneyworks4me.com\/investmentshastra\/wp-content\/uploads\/2023\/11\/Supreme-Industries-1-370x93.png 370w\" sizes=\"(max-width: 823px) 100vw, 823px\" title=\"\"><\/a><\/p>\n<p>Robust result. Management guided for a consolidated EBITDA margin of ~15% for FY24.<\/p>\n<p style=\"text-align: center;\"><a class=\"fasc-button fasc-size-medium fasc-type-flat fasc-rounded-medium\" style=\"background-color: #f27070; color: #ffffff;\" target=\"_blank\" rel=\"noopener\" href=\"https:\/\/www.moneyworks4me.com\/indianstocks\/mid-cap\/chemicals-fertilizers\/plastic-products\/supreme-industries\/company-info\">Check, 10-Year X-ray Now!<\/a><\/p>\n<h2><span id=\"consumer\" class=\"sta-anchor \" aria-hidden=\"true\">Consumer Discretionary<\/span><\/h2>\n<h3>Cera Sanitaryware Ltd<\/h3>\n<p><a class=\"gridlove-popup-img\" href=\"https:\/\/www.moneyworks4me.com\/investmentshastra\/wp-content\/uploads\/2023\/11\/Cera-Sanitaryware-Ltd.png\"><img decoding=\"async\" loading=\"lazy\" class=\"aligncenter wp-image-19740 size-full\" src=\"https:\/\/www.moneyworks4me.com\/investmentshastra\/wp-content\/uploads\/2023\/11\/Cera-Sanitaryware-Ltd.png\" alt=\"Cera Sanitaryware Ltd\" width=\"817\" height=\"203\" srcset=\"https:\/\/www.moneyworks4me.com\/investmentshastra\/wp-content\/uploads\/2023\/11\/Cera-Sanitaryware-Ltd.png 817w, https:\/\/www.moneyworks4me.com\/investmentshastra\/wp-content\/uploads\/2023\/11\/Cera-Sanitaryware-Ltd-600x149.png 600w, https:\/\/www.moneyworks4me.com\/investmentshastra\/wp-content\/uploads\/2023\/11\/Cera-Sanitaryware-Ltd-150x37.png 150w, https:\/\/www.moneyworks4me.com\/investmentshastra\/wp-content\/uploads\/2023\/11\/Cera-Sanitaryware-Ltd-768x191.png 768w, https:\/\/www.moneyworks4me.com\/investmentshastra\/wp-content\/uploads\/2023\/11\/Cera-Sanitaryware-Ltd-270x67.png 270w, https:\/\/www.moneyworks4me.com\/investmentshastra\/wp-content\/uploads\/2023\/11\/Cera-Sanitaryware-Ltd-370x92.png 370w\" sizes=\"(max-width: 817px) 100vw, 817px\" title=\"\"><\/a><\/p>\n<p>A good set of results. Management guided for revenue growth of ~17-19% YoY In FY24.<\/p>\n<p style=\"text-align: center;\"><a class=\"fasc-button fasc-size-medium fasc-type-flat fasc-rounded-medium\" style=\"background-color: #f27070; color: #ffffff;\" target=\"_blank\" rel=\"noopener\" href=\"https:\/\/www.moneyworks4me.com\/indianstocks\/small-cap\/construction-infrastructure\/ceramics-marble-granite-sanitaryware\/cera-sanitaryware\/company-info\">Check, 10-Year X-ray Now!<\/a><\/p>\n<h3>Symphony Ltd<\/h3>\n<p><a class=\"gridlove-popup-img\" href=\"https:\/\/www.moneyworks4me.com\/investmentshastra\/wp-content\/uploads\/2023\/11\/Symphony-Ltd.png\"><img decoding=\"async\" loading=\"lazy\" class=\"aligncenter wp-image-19741 size-full\" src=\"https:\/\/www.moneyworks4me.com\/investmentshastra\/wp-content\/uploads\/2023\/11\/Symphony-Ltd.png\" alt=\"Symphony Ltd\" width=\"823\" height=\"183\" srcset=\"https:\/\/www.moneyworks4me.com\/investmentshastra\/wp-content\/uploads\/2023\/11\/Symphony-Ltd.png 823w, https:\/\/www.moneyworks4me.com\/investmentshastra\/wp-content\/uploads\/2023\/11\/Symphony-Ltd-600x133.png 600w, https:\/\/www.moneyworks4me.com\/investmentshastra\/wp-content\/uploads\/2023\/11\/Symphony-Ltd-150x33.png 150w, https:\/\/www.moneyworks4me.com\/investmentshastra\/wp-content\/uploads\/2023\/11\/Symphony-Ltd-768x171.png 768w, https:\/\/www.moneyworks4me.com\/investmentshastra\/wp-content\/uploads\/2023\/11\/Symphony-Ltd-270x60.png 270w, https:\/\/www.moneyworks4me.com\/investmentshastra\/wp-content\/uploads\/2023\/11\/Symphony-Ltd-370x82.png 370w\" sizes=\"(max-width: 823px) 100vw, 823px\" title=\"\"><\/a><\/p>\n<p>A good set of results. Domestic revenue grew 1% despite the non-seasonal quarter.<\/p>\n<p style=\"text-align: center;\"><a class=\"fasc-button fasc-size-medium fasc-type-flat fasc-rounded-medium\" style=\"background-color: #f27070; color: #ffffff;\" target=\"_blank\" rel=\"noopener\" href=\"https:\/\/www.moneyworks4me.com\/indianstocks\/small-cap\/consumer-durables\/consumer-durables-domestic-appliances\/symphony\/company-info\">Check, 10-Year X-ray Now!<\/a><\/p>\n<h3>TTK Prestige<\/h3>\n<p><a class=\"gridlove-popup-img\" href=\"https:\/\/www.moneyworks4me.com\/investmentshastra\/wp-content\/uploads\/2023\/11\/TTK-Prestige.png\"><img decoding=\"async\" loading=\"lazy\" class=\"aligncenter wp-image-19742 size-full\" src=\"https:\/\/www.moneyworks4me.com\/investmentshastra\/wp-content\/uploads\/2023\/11\/TTK-Prestige.png\" alt=\"TTK Prestige\" width=\"817\" height=\"180\" srcset=\"https:\/\/www.moneyworks4me.com\/investmentshastra\/wp-content\/uploads\/2023\/11\/TTK-Prestige.png 817w, https:\/\/www.moneyworks4me.com\/investmentshastra\/wp-content\/uploads\/2023\/11\/TTK-Prestige-600x132.png 600w, https:\/\/www.moneyworks4me.com\/investmentshastra\/wp-content\/uploads\/2023\/11\/TTK-Prestige-150x33.png 150w, https:\/\/www.moneyworks4me.com\/investmentshastra\/wp-content\/uploads\/2023\/11\/TTK-Prestige-768x169.png 768w, https:\/\/www.moneyworks4me.com\/investmentshastra\/wp-content\/uploads\/2023\/11\/TTK-Prestige-270x59.png 270w, https:\/\/www.moneyworks4me.com\/investmentshastra\/wp-content\/uploads\/2023\/11\/TTK-Prestige-370x82.png 370w\" sizes=\"(max-width: 817px) 100vw, 817px\" title=\"\"><\/a><\/p>\n<p>At par result. High competition at the bottom of the pyramid may lead to market share losses.<\/p>\n<p style=\"text-align: center;\"><a class=\"fasc-button fasc-size-medium fasc-type-flat fasc-rounded-medium\" style=\"background-color: #f27070; color: #ffffff;\" target=\"_blank\" rel=\"noopener\" href=\"https:\/\/www.moneyworks4me.com\/indianstocks\/small-cap\/consumer-durables\/consumer-durables-domestic-appliances\/ttk-prestige\/company-info\">Check, 10-Year X-ray Now!<\/a><\/p>\n<h3>V-Guard Industries Ltd<\/h3>\n<p><a class=\"gridlove-popup-img\" href=\"https:\/\/www.moneyworks4me.com\/investmentshastra\/wp-content\/uploads\/2023\/11\/V-Guard-Industries-Ltd.png\"><img decoding=\"async\" loading=\"lazy\" class=\"aligncenter wp-image-19743 size-full\" src=\"https:\/\/www.moneyworks4me.com\/investmentshastra\/wp-content\/uploads\/2023\/11\/V-Guard-Industries-Ltd.png\" alt=\"V-Guard Industries Ltd\" width=\"818\" height=\"200\" srcset=\"https:\/\/www.moneyworks4me.com\/investmentshastra\/wp-content\/uploads\/2023\/11\/V-Guard-Industries-Ltd.png 818w, https:\/\/www.moneyworks4me.com\/investmentshastra\/wp-content\/uploads\/2023\/11\/V-Guard-Industries-Ltd-600x147.png 600w, https:\/\/www.moneyworks4me.com\/investmentshastra\/wp-content\/uploads\/2023\/11\/V-Guard-Industries-Ltd-150x37.png 150w, https:\/\/www.moneyworks4me.com\/investmentshastra\/wp-content\/uploads\/2023\/11\/V-Guard-Industries-Ltd-768x188.png 768w, https:\/\/www.moneyworks4me.com\/investmentshastra\/wp-content\/uploads\/2023\/11\/V-Guard-Industries-Ltd-270x66.png 270w, https:\/\/www.moneyworks4me.com\/investmentshastra\/wp-content\/uploads\/2023\/11\/V-Guard-Industries-Ltd-370x90.png 370w\" sizes=\"(max-width: 818px) 100vw, 818px\" title=\"\"><\/a><\/p>\n<p>Good set of result. Gross margins expanded on back of softening in raw material prices.<\/p>\n<p style=\"text-align: center;\"><a class=\"fasc-button fasc-size-medium fasc-type-flat fasc-rounded-medium\" style=\"background-color: #f27070; color: #ffffff;\" target=\"_blank\" rel=\"noopener\" href=\"https:\/\/www.moneyworks4me.com\/indianstocks\/small-cap\/capital-goods-industrial-consumables\/electric-equipment\/v-guard-inds\/company-info\">Check, 10-Year X-ray Now!<\/a><\/p>\n<h3>Orient Electric Ltd<\/h3>\n<p><a class=\"gridlove-popup-img\" href=\"https:\/\/www.moneyworks4me.com\/investmentshastra\/wp-content\/uploads\/2023\/11\/Orient-Electric-Ltd.png\"><img decoding=\"async\" loading=\"lazy\" class=\"aligncenter wp-image-19744 size-full\" src=\"https:\/\/www.moneyworks4me.com\/investmentshastra\/wp-content\/uploads\/2023\/11\/Orient-Electric-Ltd.png\" alt=\"Orient Electric Ltd\" width=\"823\" height=\"252\" srcset=\"https:\/\/www.moneyworks4me.com\/investmentshastra\/wp-content\/uploads\/2023\/11\/Orient-Electric-Ltd.png 823w, https:\/\/www.moneyworks4me.com\/investmentshastra\/wp-content\/uploads\/2023\/11\/Orient-Electric-Ltd-600x184.png 600w, https:\/\/www.moneyworks4me.com\/investmentshastra\/wp-content\/uploads\/2023\/11\/Orient-Electric-Ltd-150x46.png 150w, https:\/\/www.moneyworks4me.com\/investmentshastra\/wp-content\/uploads\/2023\/11\/Orient-Electric-Ltd-768x235.png 768w, https:\/\/www.moneyworks4me.com\/investmentshastra\/wp-content\/uploads\/2023\/11\/Orient-Electric-Ltd-270x83.png 270w, https:\/\/www.moneyworks4me.com\/investmentshastra\/wp-content\/uploads\/2023\/11\/Orient-Electric-Ltd-370x113.png 370w\" sizes=\"(max-width: 823px) 100vw, 823px\" title=\"\"><\/a><\/p>\n<p>Muted result. PAT Rs. 18 Cr including Rs. 15 Cr from the profit on sale of land.<\/p>\n<p style=\"text-align: center;\"><a class=\"fasc-button fasc-size-medium fasc-type-flat fasc-rounded-medium\" style=\"background-color: #f27070; color: #ffffff;\" target=\"_blank\" rel=\"noopener\" href=\"https:\/\/www.moneyworks4me.com\/indianstocks\/small-cap\/consumer-durables\/consumer-durables-domestic-appliances\/orient-electric\/company-info\">Check, 10-Year X-ray Now!<\/a><\/p>\n<p><span style=\"text-decoration: underline;\"><strong>Related Blog:<\/strong><\/span><\/p>\n<ul>\n<li><a href=\"https:\/\/www.moneyworks4me.com\/investmentshastra\/q2fy24-weekly-result-update-07-nov-2023\/\" target=\"_blank\" rel=\"noopener\">Q2FY24: Weekly Result Update Part 2 \u2013 Sun Pharma, Container Corp, Coromandel, Bluedart<\/a>&nbsp;<\/li>\n<li><a href=\"https:\/\/www.moneyworks4me.com\/investmentshastra\/q2fy24-weekly-result-update-08-nov-2023\/\" target=\"_blank\" rel=\"noopener\">Q2FY24: Weekly Result Update Part 3 \u2013 Reliance, Airtel, HCL, Maruti Suzuki, Care Ratings<\/a><\/li>\n<\/ul>\n<p><a href=\"https:\/\/www.moneyworks4me.com\/payment\/index\/subscribe-superstars-offer\/?from=investmentshastra-blog-q2fy24-weekly-result-update-06-nov-2023\" target=\"_blank\" rel=\"noopener\"><img decoding=\"async\" loading=\"lazy\" class=\"aligncenter wp-image-18657 size-full\" src=\"https:\/\/www.moneyworks4me.com\/investmentshastra\/wp-content\/uploads\/2023\/04\/core-50-superstars-banner.png\" alt=\"core 50 superstars banner\" width=\"850\" height=\"251\" srcset=\"https:\/\/www.moneyworks4me.com\/investmentshastra\/wp-content\/uploads\/2023\/04\/core-50-superstars-banner.png 850w, https:\/\/www.moneyworks4me.com\/investmentshastra\/wp-content\/uploads\/2023\/04\/core-50-superstars-banner-600x177.png 600w, https:\/\/www.moneyworks4me.com\/investmentshastra\/wp-content\/uploads\/2023\/04\/core-50-superstars-banner-150x44.png 150w, https:\/\/www.moneyworks4me.com\/investmentshastra\/wp-content\/uploads\/2023\/04\/core-50-superstars-banner-768x227.png 768w, https:\/\/www.moneyworks4me.com\/investmentshastra\/wp-content\/uploads\/2023\/04\/core-50-superstars-banner-270x80.png 270w, https:\/\/www.moneyworks4me.com\/investmentshastra\/wp-content\/uploads\/2023\/04\/core-50-superstars-banner-370x109.png 370w\" sizes=\"(max-width: 850px) 100vw, 850px\" title=\"\"><\/a><\/p>\n<p><strong><span style=\"text-decoration: underline;\">Best Stocks From<\/span>:<\/strong><\/p>\n<p><a class=\"fasc-button fasc-size-medium fasc-type-flat fasc-rounded-medium\" style=\"background-color: #1eaf6d; color: #ffffff;\" target=\"_blank\" rel=\"noopener\" href=\"https:\/\/www.moneyworks4me.com\/alpha-case\/index\/alpha-case\/id\/92\/strategy\/undervalued\/casename\/All%20Weather\">All Weather Alpha Case<\/a>&nbsp;&nbsp;<a class=\"fasc-button fasc-size-medium fasc-type-flat fasc-rounded-medium\" style=\"background-color: #1eaf6d; color: #ffffff;\" target=\"_blank\" rel=\"noopener\" href=\"https:\/\/www.moneyworks4me.com\/stock-market\/stock-screener\">Screener<\/a> <a class=\"fasc-button fasc-size-medium fasc-type-flat fasc-rounded-medium\" style=\"background-color: #1eaf6d; color: #ffffff;\" target=\"_blank\" rel=\"noopener\" href=\"https:\/\/www.moneyworks4me.com\/alpha-case\">Alpha Cases<\/a> &nbsp;<a class=\"fasc-button fasc-size-medium fasc-type-flat fasc-rounded-medium\" style=\"background-color: #1eaf6d; color: #ffffff;\" target=\"_blank\" rel=\"noopener\" href=\"https:\/\/www.moneyworks4me.com\/stock-market\/business-houses\/\">Business Houses Group<\/a><\/p>\n<hr>\n<p><a href=\"https:\/\/www.moneyworks4me.com\/\"><img decoding=\"async\" style=\"float: left; height: 100px; padding-right: 16px; margin-left: 40px;\" src=\"https:\/\/www.moneyworks4me.com\/investmentshastra\/wp-content\/uploads\/2021\/07\/logo-mw4me.png\" alt=\"\" title=\"\"> <\/a> <a class=\"hide-mobile\" href=\"https:\/\/t.me\/mw4me\" target=\"_blank\" rel=\"noopener\"><img decoding=\"async\" style=\"float: left; height: 100px; padding-right: 16px;\" src=\"https:\/\/www.moneyworks4me.com\/investmentshastra\/wp-content\/uploads\/2018\/05\/investments-shastra-blog.png\" alt=\"\" title=\"\"> <\/a><\/p>\n<div class=\"hide-mobile\" style=\"height: 100px; padding-top: 15px;\"><strong style=\"font-size: 15px; color: #32aadf;\">Join our Telegram Channel:<\/strong><br \/>\n<a style=\"text-decoration: underline; font-size: 14px;\" href=\"https:\/\/t.me\/fundamentalstockinvesting\">Stock Investing<\/a><br \/>\n<a style=\"text-decoration: underline; font-size: 14px;\" href=\"https:\/\/t.me\/mutualfundinvesting\">Mutual Fund Investing<\/a><\/div>\n<p>&nbsp;<\/p>\n<div class=\"hide-desktop\" style=\"float: left; 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And more<\/b><b>\u2026.<\/b><b>Puchho<\/b> <b>Befikar<\/b><\/span><\/p>\n<div class=\"puchhoBefikarIcon\"><img decoding=\"async\" loading=\"lazy\" class=\"\" src=\"https:\/\/www.moneyworks4me.com\/investmentshastra\/wp-content\/uploads\/2018\/05\/puchho-befikar-logo.png\" width=\"59\" height=\"46\" alt=\"\" title=\"\"><\/div>\n<p><b><i><\/i><\/b><a href=\"https:\/\/www.youtube.com\/watch?v=iqqbuJbMlk4 \" target=\"_blank\" rel=\"noopener\">Why MoneyWorks4me<\/a> | Call: <a href=\"tel:+91 20 6725 8333\">020 6725 8333<\/a> | <a href=\"https:\/\/www.moneyworks4me.com\/dashboard\/sensible-investing\/books\/how-the-heck-to-invest-and-reach-nirvana\" target=\"_blank\" rel=\"noopener\">Ebook<\/a>&nbsp;| WhatsApp: <a href=\"https:\/\/api.whatsapp.com\/send?phone=918055769463&amp;text=Need%20any%20help?\" target=\"_blank\" rel=\"noopener\">9860359463<\/a><\/p>\n<p style=\"text-align: left;\"><strong>*<\/strong>Investments in the securities market are subject to market risks. Read all the related documents carefully before investing.<\/p>\n<p style=\"text-align: left;\"><strong>*Disclaimer:<\/strong> The securities quoted are for illustration only and are not recommendatory<\/p>\n<\/div>\n","protected":false},"excerpt":{"rendered":"<p>Dear Readers, Welcome to our company result update note. We understand the importance of staying up-to-date with the latest financial developments of the companies you have invested in. That&#8217;s why we are committed to providing you with short and insightful information about the earnings and performance of the companies in our coverage. Contents: FMCG (Dabur, [&hellip;]<\/p>\n","protected":false},"author":15,"featured_media":19750,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_lmt_disableupdate":"no","_lmt_disable":"no","footnotes":""},"categories":[1166,1182],"tags":[1602,1530,1549,1526],"modified_by":"MoneyWorks4me","_links":{"self":[{"href":"https:\/\/www.moneyworks4me.com\/investmentshastra\/wp-json\/wp\/v2\/posts\/19718"}],"collection":[{"href":"https:\/\/www.moneyworks4me.com\/investmentshastra\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.moneyworks4me.com\/investmentshastra\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.moneyworks4me.com\/investmentshastra\/wp-json\/wp\/v2\/users\/15"}],"replies":[{"embeddable":true,"href":"https:\/\/www.moneyworks4me.com\/investmentshastra\/wp-json\/wp\/v2\/comments?post=19718"}],"version-history":[{"count":0,"href":"https:\/\/www.moneyworks4me.com\/investmentshastra\/wp-json\/wp\/v2\/posts\/19718\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.moneyworks4me.com\/investmentshastra\/wp-json\/wp\/v2\/media\/19750"}],"wp:attachment":[{"href":"https:\/\/www.moneyworks4me.com\/investmentshastra\/wp-json\/wp\/v2\/media?parent=19718"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.moneyworks4me.com\/investmentshastra\/wp-json\/wp\/v2\/categories?post=19718"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.moneyworks4me.com\/investmentshastra\/wp-json\/wp\/v2\/tags?post=19718"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}