BQ Blue’s special research section collates quality and in-depth equity and economy research reports from across India’s top brokerages, asset managers and research agencies. These reports offer BloombergQuint’s subscribers an opportunity to expand their understanding of companies, sectors and the economy.
Anand Rathi Report
Mayur Uniquoters Ltd.’s Q2 was a mixed-bag (revenue/profit before tax/profit after tax down 11%/12%/ 28% YoY; Ebitda margin at 19.7%).
Good recovery in domestic auto, exports since August and healthy liquidity (approximately Rs 2.5 billion) were positives.
The board approved a buyback of up to 0.75 million shares at Rs 400 each (record date - November 25).
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