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.
Prabhudas Lilladher Report
Led by sharp increase in steel prices and lower coking coal costs, we expect Ebitda of our coverage universe to grow 62% QoQ/211% YoY.
Steel realisations are expected to increase by Rs 6,500/tonne QoQ. Costs are expected to remain flat QoQ (except JSW Steel Ltd.) due to lower coking coal costs and higher production.
While, sales volumes are expected to fall 3% QoQ (up 1.5% YoY) due to lower exports and exhausted capacities. Owing to better realisations and flattish cost, Ebitda/tonne would expand by 67% QoQ/207% YoY at Rs 15,585.
Click on the attachment to read the full report:
DISCLAIMER
This report is authored by an external party. BloombergQuint does not vouch for the accuracy of its contents nor is responsible for them in any way. The contents of this section do not constitute investment advice. For that you must always consult an expert based on your individual needs. The views expressed in the report are that of the author entity and do not represent the views of BloombergQuint.
Users have no license to copy, modify, or distribute the content without permission of the Original Owner.
As a Subscriber you get
Stories
RECOMMENDED FOR YOU
POPULAR