BUSINESS
HUL Q2 Preview | Net profit to jump 10% YoY, volume growth pegged at 5%
EBITDA margins are seen declining by 110 basis points YoY to 23.5 percent this quarter
BUSINESS
Tata Consumer Q2 Preview | Revenue to grow 10%, volume growth may stay flat
Analysts at Kotak Institutional Equities estimate Rs 140 crore in revenue for NourishCo, which indicates 65 percent YoY growth aided by geographical expansion
BUSINESS
ITC Earnings Preview | Cigarette volumes to drive profit up 18%
Investors will keenly watch out for demand outlook in rural and urban markets, raw material pricing trends, cigarette business volume growth, and hotels and agri business outlook
BUSINESS
Nestlé Earnings Preview | Revenue to grow 13% on out-of-home recovery
Net profit is expected to grow 6.3 percent and Ebitda margin may contract 158 basis points
BUSINESS
Soaps are cheaper after price cuts. But what does it say about demand?
Companies may be trying to spur demand with price cuts, but that won’t necessarily reduce the pressure on their margins, say analysts
BUSINESS
FMCG Q2 Preview | Price hikes to drive revenue growth but volumes to remain under pressure
Margins will stay under pressure because of high-cost inventory. Analysts expect lower spot prices of raw materials to aid margins from the next quarter onwards
BUSINESS
HCL Tech Q2 Preview | Revenue may jump 17%, FY23 guidance likely to be retained
Analysts expect constant currency growth of 3.2 percent on a quarterly basis
BUSINESS
Wipro Q2 Earnings Preview | Acquisitions to drive revenue up 15%, moonlighting in focus
Analysts expect constant currency growth of 4 percent on a quarterly basis
BUSINESS
Back-to-back US FDA approvals boost Zydus Lifesciences; stock at 8-month high
The US accounts for 40 percent of the company’s revenue, which is why each FDA approval is a positive
BUSINESS
Underweight on India but Overweight on Indian Financials: Morgan Stanley
The firm is bullish on India's prospects in the long-term, as it sees the market deepening, providing opportunities in shifts towards a multipolar world
BUSINESS
TCS Earnings Preview | Widening margins likely to drive revenue up 17%
Analysts expect constant currency growth of 3.5 percent on a quarterly basis
BUSINESS
Gainers & Losers: 10 stocks that moved the most on October 4
All sectoral indices ended in the green, with auto, capital goods, bank, metal, IT, power and realty up 2-3 percent
BUSINESS
India-cost arbitrage or limited competitors: What makes Tracxn different?
The IPO of the Bengaluru-based analytics will open for subscription on October 10 and close on October 12
BUSINESS
Paras Defence is up 32% a year after listing: What should investors do?
On 1 October 2021, Paras Defence and Space Technologies made a bumper debut on the bourses, listing at a 171 percent premium over the issue price
BUSINESS
Gainers & Losers: 10 stocks that moved the most on October 3
Except pharma, all sectoral indices ended in the red. Nifty bank, auto, energy, FMCG, metal and PSU bank were down 1-3 percent
BUSINESS
Net settlement of cash and F&O segments upon expiry gets Sebi green light
This move will especially help traders who can now offset marked-to-market losses in their F&O trade that requires physical delivery by using their holding in the cash segment
BUSINESS
Rising gas prices can hurt margins, but analysts remain bullish on Kajaria Ceramics
Surging tile exports, capacity expansion and strong brand recall augur well for the company, believe analysts
BUSINESS
After surging 60% in six months, is the carnival over for Wonderla Holidays’ investors?
Share price of the theme park operator has zoomed over 80 percent in 2022 so far. But, investors should proceed with caution
BUSINESS
Why analysts believe VIP Industries can pack a punch this festive season
Shares of luggage manufacturer VIP Industries have surged 16 percent over the last month and analysts believe there is more in the bag
BUSINESS
How should fintechs prepare for a crackdown? Sebi chief offers a checklist
Speaking at the Global Fintech Fest, SEBI chairperson said: “If your business model is woven around a black box that is not capable of being audited, it cannot be permitted”
BUSINESS
Shoppers Stop doubles investors’ wealth in 2022. Is it still a fashionable buy?
Share price of fashion retailer Shoppers Stop has surged 125 percent in 2022 so far. It has been a big beneficiary of the re-open theme
BUSINESS
Re-appointment of top boss fuels IndusInd Bank; stock up 4 percent, top Nifty gainer
While benchmark indices saw deep cuts, shares of IndusInd Bank gained 4 percent, making it the top Nifty gainer
BUSINESS
CEAT zoomed 20% higher today: Here is why
Increasing market share across key segments, ramping up exports and emphasis on improving margins are key focus areas for the management
BUSINESS
Which one owns the semiconductors business: Vedanta Limited or Vedanta Resources?
In an exchange filing dated February 16, the company said “The proposed business of manufacturing semiconductors is not under Vedanta Limited and we understand that it will be undertaken by the holding company”
