Stockrabit · Analysts
Questions across 71 calls

Sumangal Nevatia

Kotak Securities

Grasim Industries Limited

Grasim Industries Limited CC-Dec23.pdf · 2024-02-09
My first question is on VSF, you've partly answered. But I mean, overall, so if you see operating rates, inventory in China, all are moving in the right direction, but we don't see a sustainable increase in realizations and margins. If you could just share what is your outlook on prices and expectation in the next 6 to 9 months? And can we assume that the margins for our division is kind of at the bottom and we should see some bit of an uptrend there?
But I mean, if you look at the operating rates touching 90% and even inventory levels are quite low. In the past, I mean, have you seen these kind of leading towards better profitability and better pricing strength for the industry?

Ambuja Cements Limited

Ambuja Cements Limited CC-Dec23.pdf · 2024-01-31
Firstly, I appreciate the granular details on various aspects in the presentation. My first question is on the volume growth part. If you look at the last 4 quarters, our volume growth on a consolidated basis has been just 2.5% to 2.6% excluding the Sangh i volumes versus peers that have grown by early teens. I just want to understand from the last 4 quarters, what are the key reasons why we are lacking the growth and losing market share and some future guidance on this aspect.
Ambuja Cements Limited CC-Sep23.pdf · 2023-11-01
Yes, good afternoon, sir. Thank you for this opportunity. The first question on the volume growth this quarter. So if you look at consolidated volume growth is around 2.3%, which just for a few of our peers reporting industry growth appears to have been upwards, almost double digit industry growth. So if you could just explain what is the reason? Why, we have not been able to match the industry growth and the market share loss continues?
Okay, I understand. Second question with respect to the grinding unit announcements from Jalgaon, can we assume that this is beyond FY ‘26, given that things are not yet finalized?

ACC Limited

ACC Limited CC-Dec23.pdf · 2024-01-31
Firstly, I appreciate the granular details on various aspects in the presentation. My first question is on the volume growth part. If you look at the last 4 quarters, our volume growth on a consolidated basis has been just 2.5% to 2.6% excluding the Sangh i volumes versus peers that have grown by early teens. I just want to understand from the last 4 quarters, what are the key reasons why we are lacking the growth and losing market share and some future guidance on this aspect.
ACC Limited CC-Sep23.pdf · 2023-11-01
Yes, good afternoon, sir. Thank you for this opportunity. The first question on the volume growth this quarter. So if you look at consolidated volume growth is around 2.3%, which just for a few of our peers reporting industry growth appears to have been upwards, almost double digit industry growth. So if you could just explain what is the reason? Why, we have not been able to match the industry growth and the market share loss continues?
Okay, I understand. Second question with respect to the grinding unit announcements from Jalgaon, can we assume that this is beyond FY ‘26, given that things are not yet finalized?

JK Cement Limited

UltraTech Cement Limited

Hindalco Industries Limited

Hindalco Industries Limited CC-Sep23.pdf · 2023-11-10
My first question is, sir, with respect to the copper division. So if you can just elaborate, what are the drivers for such a strong performance? Is it value addition, by -product credits or better TC/RCs? And should we extrapolate this sort of run rate of both volumes and profitability in the future?
Understood, understood. And just one last question. Last quarter, sir, you said your outlook in aluminum prices, and you set a range of 21 to 23, and looks like the prices is stuck in this range. Incrementally, are you turning more cautious or bullish given the recent development of maybe Chinese weak demand and offsetting by some production cuts in Yunnan? Any incremental update on your thoughts on medium-term price outlook?

Welspun Corp Limited

Welspun Corp Limited CC-Sep23.pdf · 2023-11-09
Good morning Sir and congratulations on good good s et of numbers. My first question is with respect to the DI market it is relatively a new business area for us so just want to understand how is the acceptance of our products, how is the competition and are we qualifying for all the tenders so overall how are we placed in the market current ly and how are we looking at it over the next two to three years?
Understood Sir. Sir is it possible to explain I mean are there very low entry barriers in this because we have seen a few players entering and ramping up capacities because of the very strong outlook so one is that and second I understand this business requires the ramp up is relatively more gradual so is it possible to share what sort of volumes are we looking at FY2024, FY2025 and FY2026 some sort of guidance to appreciate?

JSW Steel Limited

JSW Steel Limited CC-Sep23.pdf · 2023-10-20
My first question is on steel prices in India. If you could just share what are the October prices versus 2Q average and we've seen that domestic prices are quite strong despite weakness in the regional prices. So, if you could just explain what are the drivers behind this trend and how do we see this domestic price premium over import parity sustaining or kind of normalizing in the coming month?
So, just a follow up, is it possible to share some quantification as to what are the October prices versus last quarter average, number one? And number two, given the price premium, do we expect the imports to increase in coming months which could create some pressure on the domestic prices?