Somany Home Innovation: Low Margin, High Expectations
Moneylife Digital Team 02 June 2021
Somany Home Innovation Limited (SHIL) de-merged from Hindustan Sanitaryware three years ago and listed separately with home appliances and retail distribution business, reported strong results for Q4FY20-21. Total revenues were up 70% year-on-year (y-o-y), while operating loss of Rs17 crore got converted into an operating profit of Rs65 crore. SHIL is a home  appliances and building...
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Prince Pipes: Quest for Leadership
Moneylife Digital Team 31 May 2021
Prince Pipes and Fittings Ltd (PPF) makes polymer pipes and fittings in India that are used in plumbing, irrigation and soil, waste and rainwater (SWR) management. PPF has more than 30 years of experience in the polymer pipes...
Yaarii Digital: Can the Second Pivot of Indiabulls Integrated Succeed?
Moneylife Digital Team 31 May 2021
The Indiabulls group is trying to transform itself by de-leveraging the balance sheet of its group companies and realigning business models by pivoting towards consumer-facing technology. However, one company in the group, Yaarii...
Weekly Moneylife Indices & Sector Trends
Moneylife Digital Team 28 May 2021
From 21st May to 27 May 2021, ML Small-cap Index and ML Micro-cap Index rose 4% each. ML Mid-cap Index rose 3%. ML Large-cap Index rose 2%. The Sensex, the NIFTY and ML Mega-cap Index rose 1%...
Acrysil: Powering Ahead
Moneylife Digital Team 28 May 2021
Acrysil Limited (Acrysil) reported strong results for Q4FY20-21. Total revenues of Rs104 crore in Q4FY20-21, were up 62.5% year-on-year (y-o-y).
Acrysil is now expanding its capacity, looking for foreign tie-ups investing...
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