Over the past few years, it has expanded its reach (particularly in international markets) and added huge manufacturing capacity with focus on high-value products and branding. These past efforts are now expected to yield results.
Although Nitin Spinners doesn’t have a unique product line or process, what puts it on the map for investors is its performance potential for the forthcoming years.
Consumer goods majors Hindustan Unilever, and Procter and Gamble, among others are rejigging production strategies or firming up product prices to balance out the likely impact on taxes from GST.
The best strategy for investors is to buy quality stocks on dips on any correction towards 9000, experts suggest.
Investors bet on the company after it received an order from Mumbai International Airport to develop land parcels around it. The firm will pay a refundable security deposit of Rs 329.35 crore for the same
The Tata Group firm told the exchanges that consumer sentiment and demand had recovered in the March quarter and sales traction was seen across all divisions.
The Supreme Court granted today time till May 31 to liquor manufacturers to remove their stock lying in Bihar where sale and consumption of all types of liquor have been banned.
Reliance Defence and Engineering Ltd made a disclosure to stock exchanges with respect to "purchase and creation of pledge of equity shares" in the company.
SP Tulsian suggests investors to stay cautious and advises long-term investors to buy the stock at Rs 500-515 with a view of one year.
A capital raise by Tesla has been anticipated since late last year, gaining steam last month after Chief Executive Elon Musk said the company could be "close to the edge" on cash needs.
From an economy, stock market and corporate perspective, it is not the headline grabbing reforms that matter anymore. Rather it is the execution of some of the key reforms already underway--mainly GST-- that will make all the difference
Sugar stocks are rallying on the back of low production output of the commodity. Vijay Banka of Dwarikesh Sugar Industries says that prices of the sweetener is reasonable and there is enough stock in the system.
According to a report in the Economic Times, the market regulator has penned a letter to the Reserve Bank stating that the latter‘s intervention without consulting with SEBI was not correct.
Advertising revenue rose about 30 percent in Brazil last year, Twitter's top executive in the country told Reuters, defying a two-year slowdown in the local economy and more than doubling the company's 13 percent revenue growth globally.
However, there are no plans to change foreign portfolio investment limit for the banking sector which is presently pegged at 74 percent, sources said.
HSBC's full-year profit slumped 62 percent and fell far short of forecasts on Tuesday as the bank took hefty writedowns from restructuring and flagged near-term brakes on revenue growth.
Coal import (all type of coals) in January 2017 stood at 14.31 million tonnes (MT) (provisional) against 18.28 MT in January 2016, mjunction services, an online procurement and sales platform floated jointly by SAIL and Tata Steel told PTI.
Not only has market largely ignored the brawl, reports suggest that long-term investor Oppenheimer Developing Markets Fund, which holds a 2.13-percent stake in the company, has lauded CEO Vishal Sikka‘s leadership.
"The timing of the imports will be settled by the government but I personally feel that around 1.5 million tonnes is enough," Praful Vithalani, the chairman of the All India Sugar Trade Association, said in an interview on the sidelines of the Dubai Sugar Conference.
The new limits, effective today, will ensure stock prices do not go up or down beyond a prescribed level during a session.
The â€˜risk on‘ rally spurred by animal spirits, or Trump‘s promise to â€œmake America great againâ€, is now gradually pausing for a reality check on long-term implications.
Market expert Sudarshan Sukhani advises to stay away from Nifty and suggests to buy at every dip in Bank Nifty and hold the stock till the Reserve Bank of India meeting scheduled next week.
Bajaj Holdings and Investment today reported a rise of 24 per cent in consolidated net profit at Rs 647 crore for third quarter ended December 2016.
While Prime Minister Narendra Modi's administration is widely seen as being friendly to businesses and investors, it not expected to announce any dramatic moves at a time when the economy is under pressure from a cash squeeze.
The stock has been hit by a glut of sell orders since the Nikkei business daily said on Thursday that Swedish air bag maker Autoliv Inc and a group led by US auto parts supplier Key Safety Systems, two bidding groups for Takata, would present proposals for a court-led restructuring. A Reuters source later confirmed the plan.