BUSINESS
ITC: If smokers are not lighting up, valuations won't
While ITC’s FMCG business is on the path to growth, emerging from COVID's shadow, the demand for cigarettes is down
BUSINESS
Dabur: Horses for courses
Dabur is seeing a huge demand spurt for immunity-related products and it's trying to make the most of this opportunity
BUSINESS
The questions Vedanta’s investors would like answers to
Vedanta’s debt ratings are suffering because of the debt obligations of its parent
BUSINESS
Why Pidilite glued Araldite to its portfolio
Pidilite's acquisition of Huntsman’s consumer adhesives business does not come cheap but that has not stopped the company
BUSINESS
Strained government finances could be a risk for the sugar sector
Strained government finances could be a risk for the sugar sector
BUSINESS
Why forensic audits of listed companies are a public good
The opposition to Sebi’s push to get listed companies to enhance disclosures on forensic audit is a misplaced one
BUSINESS
The lesson for FMCG investors from HUL’s results lies in the margin
The underlying theme — whether in urban or rural — is one of price sensitivity of the consumer having gone up. Consumers are going to compare brands and promotions and buy those products where they see the most value
BUSINESS
Hindustan Zinc: What’s at stake?
Now that the Vedanta delisting process has ended, investor attention may turn to the business
BUSINESS
Vedanta delisting failure: The options in front of shareholders
Vedanta’s shares tumbled after its delisting bid failed, bringing back into focus its undervaluation
BUSINESS
Life for Vedanta’s shareholders after the delisting offer
Whether Vedanta eventually gets delisted or not, the offer is a wake-up call for investors to rethink their exposure
BUSINESS
Consumer companies may get their staple desires fulfilled
Business has for long had an eye on the staples in a consumer’s basket. The govt’s reforms for the farm sector could make it a viable and scalable proposition
BUSINESS
The FMCG sector’s urban nightmare
Nielsen’s data shows how sales in urban markets are flagging, posing a risk for earnings growth. But there’s a joker in the pack
BUSINESS
The spectre of urban distress hangs over FMCG stocks
HUL's chairman is worried by signs of urban distress and wants the government to do more to put money in the hands of consumers. That’s a message for investors in FMCG stocks, too
BUSINESS
Hindustan Copper decides to concentrate on what it does better
The public sector unit agrees to sell 60 percent of its copper concentrate to Hindalco in a long-term supply arrangement
BUSINESS
Fraud detection in an audit report, coming soon?
A Big Four accounting firm’s CEO has said auditors should do more to uncover fraud that is material in nature
BUSINESS
Non-ferrous producers may benefit from a proposed import barrier
A proposal to put imports of aluminium and copper under a restricted list has the potential to benefit domestic producers
BUSINESS
Insights from HUL’s presentation to global investors
About 97 percent of HUL's products are gaining marketshare in volume terms compared to 86 percent two months earlier
BUSINESS
ITC: Untangling the valuation knots
Shareholders want ITC to restructure its businesses to unlock value but will that be good for the company as well?
BUSINESS
Global food prices have snapped back above March levels
A V-shaped recovery in global food prices is taking shape. Domestic food inflation is also giving it company
BUSINESS
FMCG stocks are expensive, why they may remain so
The consumption play is getting stronger as it becomes evident as the lights dim on the investment stage. What this means for the already expensive FMCG stocks
BUSINESS
NMDC: A premium shock
The government's move to allow a premium on renewal of mines by state-owned companies has shocked investors
BUSINESS
China ploughs a lone furrow in steel
China’s steel output continues to outperform other countries. While other steel producers may benefit in the near term, the long term may play out differently.
BUSINESS
ITC: the risks from COVID-19 to its cigarettes business
In the initial stages of COVID-19 cigarette sales got whacked which was not surprising but what if the effects are visible in the longer run as well
BUSINESS
Sebi trains gun on IBC loopholes
Sebi’s proposals seek to prevent a repeat of the embarrassing spike in Ruchi Soya’s share price, improve post-resolution disclosures and includes a sop for acquirers
