FINANCE - LEASING & HIRE PURCHASE Sector: Q3 was fantastic as far as LEASING & HIRE PURCHASE 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 11% to 117%, while revenues were up in the range between 3% to 38%. Market leader BAJAJ FINANCE registered strong growth both in Profit and Income (were up 36% and 32% respectively). "Bajaj Finance, Cholamandalam, Manappuram and
Browsing tag: Analysis
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
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,