India's electronics makers posted best EPS growth in Q1, says Jefferies

Pidilite Industries

22/08/2024 06:48

** India's small- and mid-cap firms in Jefferies' coverage
universe post 36% EPS growth in June-qtr, with over 50% beating
expectations
    ** Says top performers were electronics makers like Kaynes
 KAYN.NS , Amber Enterprises  AMBE.NS  and Dixon  DIXO.NS 
    ** Second-best were summer beneficiaries Voltas  VOLT.NS ,
Blue Star  BLUS.NS , Whirlpool of India  WHIR.NS , Crompton
Greaves  CROP.NS , Havells  HVEL.NS  and V Guard  VGUA.NS 
    ** Third-best were capex and housing-linked firms like
Polycab  POLC.NS , Supreme Industries  SUPI.NS , Pidilite
 PIDI.NS 
    ** Says its top picks are V Guard, Supreme Industries, Amber
Industries
    ** Has "buy" ratings on Voltas, Blue Star and Finolex Cables
 FNXC.NS  
    

 (Reporting by Bharath Rajeswaran in Bengaluru)
 ((bharath.rajeswaran@thomsonreuters.com; +91 9769003463;))