BUSINESS
The 'K' that scares the Great Indian Consumption Story along the course of recovery
India appears to be in the midst of a K-shaped recovery, with some parts of the economy doing well, while others are struggling. Read on for a sector-by-sector analysis
BUSINESS
Investors’ love affair with bank stocks cools as earnings are set to moderate
One trigger that unnerved investors was the Hindenburg Research report, flagging the exposure of Indian banks, especially public sector banks, to the Adani Group
BUSINESS
Minda Corp will be a minority shareholder in Pricol with no special rights: Akash Minda
The shares in Pricol are purchased solely for the investment of the surplus funds available with the company, he added
BUSINESS
Lotus Chocolate open offer begins today: Will the confectioner bloom?
The offer is unlikely to go through, since the current market price of Lotus Chocolate shares is Rs 303 apiece, while the open offer price has been fixed at Rs 115.50.
BUSINESS
Why Coal India is not winning over analysts despite gaining 30% over last year
The Street largely continues to be positive on the stock but the mood can best be described as ‘cautious optimism’, because of multiple factors
BUSINESS
Royalty payment isn't simply giving away money to parents: Nestle’s Suresh Narayanan
However, the street believes that royalty fees eat into the earnings available to shareholders, and solely benefits the parent
BUSINESS
Price hikes hit 'chotu' packs & demand in tier 2-6 towns, rural India resilient: Nestle
With an increased focus on premiumisation, demand momentum in metros and tier-1 cities continues to be strong
BUSINESS
IT stocks soar over three sessions, large-caps remain the darlings
Although the slowdown in global IT spending is expected to continue, only large IT services players are equipped to win billion-dollar deals
BUSINESS
HUL open to lower royalty rate in next review, says Jefferies
HUL management is of the view that the rates will be reviewed after five years and re-evaluated based on the context and scope at that time, Jefferies said
BUSINESS
Nestle India Q4 Preview | Profit to grow 58%, revenue seen 17% higher
Profit had taken a hit in the base quarter due to past service costs and contingency provisioning
BUSINESS
Contrarian Calls | Adani Ports faces investors’ wrath after Hindenburg report, but finds favour with analysts
Share prices of Adani Ports and Reliance Industries declined in the month of January but analysts' optimism increased. Find out why
BUSINESS
Adani Wilmar is the only Adani stock in the green today, what's driving the optimism?
A day earlier, Adani Wilmar reported a 16 percent increase in net profit at Rs 246 crore in the December quarter, while consolidated revenue from operations came in at Rs 15,438 crore, up 7 percent
BUSINESS
Zomato gains ahead of December quarter results: Here's what to expect in Q3
The food delivery platform is expected to post 68 percent on-year jump in revenue from operations but losses might widen, believe brokerages
BUSINESS
Investors sip on Varun Beverages as profit grows 150% in a seasonally weak quarter
Revenue from operations for Varun Beverages grew by 27.7 percent year-on-year to Rs 2,214 crore, while sales volumes grew 17.8 percent to 132 million cases in the December quarter
BUSINESS
Hero Motocorp Q3 Preview | Revenue to grow only 2% on weak demand post festive season
Volumes for the quarter stood at 12.4 lakh units versus 12.92 lakh units in the year-ago period and 14.28 lakh units in the quarter-ago period
BUSINESS
Saurabh Mukherjea's exit not end of woes for Relaxo Footwears. Stock hits 52-week low on poor Q3
Relaxo Footwears' net profit fell 57 percent year-on-year to Rs 30 crore in Q3 FY23, and net profit margin stood at 4.4 percent as compared to 9.4 percent in the year-ago period
BUSINESS
Aswath Damodaran dissects Adani crisis: What's the fair value of this 'competent' infra play?
"I am puzzled that Hindenburg's short thesis spends as much time as it does trying to convince us that the company is over levered. Being over levered is not a con game," wrote Aswath Damodaran in a blog
BUSINESS
ITC Q3 Preview: Net profit to grow 11%, cigarette volume growth pegged at 10%
ITC's hotels business is expected to be the outperformer and sales from FMCG business is expected to grow 20 percent YoY
BUSINESS
ITC nears Rs 400 mark; why costlier cigarettes are great news for shareholders
The stock took a beating after the Budget hiked the National Calamity Contingent duty but the scrip recovered swiftly when it emerged that the hike was not steep and closed in the green
BUSINESS
Tata Consumer Products Q3 preview: Revenue likely to grow 7.7%, profit may decline as tea business lags
Margins as expected to contract on account of inflationary pressure in UK Tea and US Coffee businesses
BUSINESS
Titan Q3 preview | Profit to be flat on high base, margins to contract
Outlook on international business expansion, volume growth trend, commentary on market share gains in South, update on inventory levels, and capital base movement, will be in focus, say brokerages
BUSINESS
Britannia Q3 preview: Revenue set to grow 18%, volume growth pegged at 7%
While FMCG staple companies are dealing with muted rural demand amid inflationary concerns, Britannia’s robust earnings performance is set to come on the back of demand resilience in biscuits vis-à-vis other categories.
BUSINESS
Budget 2023: As discretionary demand dwindles, industry wish list runs long
Budget 2023-24: The slowdown in discretionary consumption may be due to factors such as weakening of pent-up demand and elevated inflation hurting household savings
BUSINESS
Budget 2023: FMCG industry wants Bharat to spend more to bring back volumes
Improving margins by bringing back volumes is India Inc’s top priority. To achieve that, policymakers need to ensure more disposable incomes.
