Note sull'episodio
Highlights of 11th December Fundamental Weekly Podcast:
- Nifty and Sensex gained ~3%.
- BSE Power and the BSE Oil & Gas index posted strong returns followed by BSE Energy, BSE Capital Goods and BSE Bankex Index.
- The RBI MPC, as expected, voted unanimously to hold the repo rate at 6.5%.
- October GST collections were 15.1% YoY higher at Rs1.68 lakh crore.
- Flls continue to be a net cash buyer to the tune of Rs. 7,242.42 crores, to date in Dec'23.
- PICK OF THE WEEK – Sula - TARGET - Rs 530
- Sula delivered revenue growth of 11.8% YoY, led by 3%/12% volume/value growth in the sale of its own brands.
- The hospitality business grew 26% YoY
- Elite/premium wine performance continues to be robust, with 13%/15% volume/value growth, taking its share to 73.5% (up 190 bps YoY).
#KotakSec ...