CEMENT Sector: Q3 was disappointing for the Cement sector. Only a few companies were able to show decent profit numbers, while revenues were not so encouraging. As far as numbers are concern, the profits of two companies were down in the range of 53% to 86%, while revenues were flat to negative. Market leader "Ultratech Cement" has posted 6% jump in profits and the revenues were down about 2%. The star performer in the sector for the quarter ended 31 December 2016 was "Dalmia
INFRA Sector: Q3 was disappointing for the Infra sector. The challenging business conditions continue to add pressure on the sector. As far as numbers are concern, the revenues of the companies were down in the range of 10% to 24%, while profits were up in the range of 14% to 117%. Market leader Larsen and Toubro has posted 16% increase in profits and the revenues were almost flat. The star performer in the sector for the quarter ended 31 December 2016 were "Adani Ports" and
Steel Sector (Large): Q3 was by and large good for the Steel sector. Almost all the companies have registered strong performance in the quarter. As far as numbers are concern, the revenues of all the companies were up in the range of 25% to 78%, while 2 out of 3 companies were able to cut down their losses. Market leader Tata Steel has registered superb 300% jump in its profit and a healthy 39% jump in revenues as compared to the same period last year and is the star performer of the
Housing Finance Sector: Q3 was fantastic as far as Housing Finance sector is concern. Almost all the companies have shown strong performance in the quarter. For the numbers, the profits of the companies were UP in the range of 12% to 42%, while revenues were up in the range between 4% to 32%. Market leader HDFC registered steady growth both in Profit and Income (were up roughly 12% each). "Indiabulls Housing Finance, DHFL and Can Fin Homes" are the star performer from the sector,
Paint Sector: Q3 was a mixed bag for the Paint sector. As far as numbers are concern, the profits of only two companies were down in the range of 3% to 6%, while revenues were up for almost all the companies. Market leader Asian Paint has posted a marginal increase in the profit as well as income for the quarter. "Kansai Nerolac" was the star performer in the sector for the quarter ended 31 December 2016, where the company showed 44% growth in profit and 9% growth in Revenue as compared to
Telecom Sector: Q3 was disappointing for the Telecom sector. Reliance-Jio has played a crucial role in the show. As far as numbers are concern, the profits and revenues of the companies were almost down. Market leader Bharti Airtel and Idea has posted a huge loss in the quarter while R.com has managed to cut its losses. The only performer in the sector for the quarter ended 31 December 2016 was "TATA Communications" ( on account of realisation from sale of its data centre ) where the
TYRE Sector: Q3 was disappointing for the Tyre sector. Increasing natural rubber price and Demonetisation has played a crucial role in the show. As far as numbers are concern, the profits of the companies were down in the range of 20% to 30%, while revenues were up marginally in the range between 2% to 5%. Market leader MRF has posted decline both in profits as well revenues, while Ceat and JK tyres a posted decline in profits and marginally increment in profits. The star performer in the
