BUSINESS
Soaring steel prices to take breather, margins to be under pressure
According to a brokerage commentary, export orders at Indian mills have dried up and domestic demand is yet to see any meaningful recovery. Expect HRC prices to correct by 5-10% over the next two-three months in India, partially helped by longer lead times for import orders.
BUSINESS
Star Health IPO opens on November 30: 10 key things to know before subscribing public issue
Retail investors can invest a minimum of Rs 14,400 for a single lot (16 shares), and their maximum investment would be Rs 1,87,200 for 13 lots (208 equity shares).
BUSINESS
Indian equity markets witness third biggest fall of the year
The domestic market has corrected nearly 9% from its peak as weak global cues, persistent selling by FIIs, and premium valuation have made investors cautious.
BUSINESS
Investors lose Rs 16 lakh crore; as Sensex, Nifty fall 8% from record highs
The BSE Sensex hit a new peak of 62,245 points on October 19, when the National Stock Exchange (NSE) benchmark Nifty also created a new record of 18,604. Since then, the indices have declined 8%.
BUSINESS
Zee-Sony merger appears set for a successful finale
Sony Pictures will inject $1.57 billion capital into the merged entity, which will enable it to compete with global giants in the OTT space. With its strong and varied content portfolio, the merged entity will also be able to benefit from the recovery in ad revenues.
BUSINESS
Lyka Labs acquisition by Ipca Laboratories could open strong growth opportunities
Near-term growth potential seems to be moderate for Ipca Laboratories but the long-term growth levers are intact and the acquisition of Lyka Labs will likely open strong opportunities
BUSINESS
Sensex can hit 70,000 by December 2022: Morgan Stanley
If this bull market is reminiscent of the one in 2003-08, as we think, it has more legs to it, says the brokerage. Though the markets will consolidate amidst volatility, a strong upside remains, it says
BUSINESS
High input prices, energy costs hurt cement makers; demand likely to improve in second half
High input prices and energy costs hit India cement makers in the second quarter, but a benign demand outlook promises to lift the fortunes of the industry in the second half of the financial year.
BUSINESS
Indian Consumer Durables Industry – Is the momentum durable?
Companies may have to increase prices in a calibrated manner to sustain the demand momentum
BUSINESS
Q2 results review: How corporate India fared in the second quarter of FY22
Going forward, market movements are likely to be determined more by global developments like spurt in inflation and a sooner-than-expected hike in interest rates by the central banks.
BUSINESS
Moneycontrol Roundtable |Time to moderate expectations, say experts
Market watchers express cautious optimism about India’s performance in the coming year
BUSINESS
Go Fashion (India) IPO: Should you subscribe?
Though experts are positive, the company can get severely impacted by any kind of slowdown in consumer spending, inability to adapt to the rapidly changing consumer preferences, and competition from other players.
BUSINESS
PSU stocks continue to be a preferred bet among ace investors
As markets look expensive across the board, the PSU basket appears attractive just because of the relatively low valuations.
BUSINESS
22 stocks from top 5 PMS schemes that outperformed Nifty in October
Many portfolio management service (PMS) schemes from the broader markets outperformed the key indices. As many as 130 generated better returns than the Nifty 50. Here’s a look at some of their main stock holdings
BUSINESS
Coal India Q2 Results Preview: PAT expected to increase 15%, revenue may rise 13%
Coal India may have been helped by a surge in demand for electricity with increased economic activity following the pandemic
BUSINESS
Hero Motocorp Q2 Results Preview: Here is what analysts are expecting
Hero Moto Q2: Demand recovery was slower than expected after the lifting of COVID-related restrictions. Margins are likely to be affected going ahead due to inflation in raw material prices and operating deleverage.
BUSINESS
ONGC Q2 Results Preview: PAT expected to rise 60%, revenues may increase 52%
The oil exploration company is expected to have benefitted from lower operating costs and marginal rupee depreciation, while gas realisations are expected to remain stable sequentially.
BUSINESS
Hindalco Q2 Results Preview: PAT expected to rise 3.5 times from year ago, revenue to increase ~65%
Higher realizations and increased volumes in both its aluminium and copper businesses to aid robust performance this quarter.
BUSINESS
Tata Steel Q2 Results Preview: PAT expected to rise sevenfold from year ago
Higher volumes and realisations are expected to boost the Tata Group company’s results
BUSINESS
Mahindra & Mahindra: Q2FY22 Results Preview – Revenues to increase 7-8% and PAT to decline 11-12%
Expect the revenues to increase 7-8% y-o-y for the company aided by ~3% increase in both volumes and realizations. However, margins are expected to be impacted by the raw material headwinds.
BUSINESS
Britannia Q2FY22 Results Preview | Revenue to increase 6-8%, PAT to decline 12-14% due to higher input costs
Key monitorables are demand environment, raw material cost outlook, market share trends and update on Inter Corporate Deposits (ICDs).
BUSINESS
Paytm or Sapphire Foods IPO – which issue should you invest in?
Paytm's parent One97 Communications will be launching its IPO on November 8 to mop up Rs 18,300 crore from the primary market. The price band fixed by the company is Rs 2,080 – Rs 2,150.
BUSINESS
Market up move – Why it happened and what will happen
Risk factors that the equity markets now face include rising commodity prices, supply chain issues, reversal of monetary stimulus, increase in interest rates globally and large continued reversals of foreign investment flows.
MARKETS
Growth stocks: High on valuations, but higher on returns
These stocks may be a tad expensive, but they could easily live up to those valuations and deliver returns.
