BUSINESS
Roadshows lined up, promoters to sell 6% in Patanjali Foods by June-end: Baba Ramdev
The company had assured compliance after the exchanges had frozen promotors shares in March for not meeting minimum public shareholding of 25 percent
BUSINESS
Daily Voice | Rate cuts will happen later than when markets are expecting, says this fund manager
Private sector banks have an unfettered ability to take larger market share of both loans and deposits, according to Rahul Bhuskute of Bharti AXA Life Insurance
BUSINESS
HUL annual report: No salary jump for Sanjiv Mehta, 19 brands in Rs 1,000 crore club and more
In a high inflationary environment, HUL’s consumers prioritised essentials over discretionary spending, HUL said in its annual report
BUSINESS
Dalal Street This Week: Here are the top 10 factors that will keep D-Street buzzing
The 10-year bond yields and the rupee level will be key to watch out for as the talks gather pace. Experts expect a range of 82.20 and 83.20 on the USDINR spot
BUSINESS
Why Jubilant Foodworks is better off without a bite of Burger King
Whoever acquires the Everstone stake will have to get Burger King India’s positioning, pricing and menu right
BUSINESS
ITC Q4 preview | Net profit to grow 14%, cigarette volume growth pegged at 13%
Apart from cigarettes, FMCG and hotels businesses are also set to fire. Brokerages expect 15 percent revenue growth for FMCG and 72 percent for hotels on a low Omicron-impacted base
BUSINESS
Buying spree: Zomato, Nykaa among top mutual fund additions in April
The ‘adjusted profitability’ story seems to be making fund managers positive on some new-age stocks. Paytm reported its first-ever adjusted EBITDA profitability in December 2022 and Zomato (ex- Blinkit) turned adjusted EBITDA positive in January 2023
BUSINESS
Daily Voice | This fund manager is bullish on SRF, SKF, PI Industries. Find out why
PSU banks, capital goods, utilities and power stocks – these are the core economic related stocks that are likely to do much better going ahead
BUSINESS
Mirror, mirror on the wall, does the Nifty @ 18,300 have it all?
With Fed rates perceived to be peaking, risk-on trade is back. India is looking well poised to take a fair share of the foreign money that is flowing back to emerging markets
BUSINESS
Asian Paints down even after a robust Q4. Here's what brokerages have to say
Brokerages have taken a mixed view of Asian Paints' Q4 numbers. Macquarie has an 'outperform' call, while Morgan Stanley has an 'underweight' rating on the stock
BUSINESS
Godrej Consumer Products gains on Q4 numbers, analysts say turnaround story is fully underway
For FY24, the company expects to maintain volume growth momentum. The management is targeting high single-digit volume growth for the fiscal and 25 percent margins in the recently acquired Park Avenue
BUSINESS
Novelis Q4 profit decline disappoints Hindalco investors but brokerages retain Buy
At a valuation of ~5.4 times of FY24 EV/EBITDA, analysts believe the stock is attractively priced
BUSINESS
Asian Paints Q4 Preview | Revenue to grow 10%, margins to expand on falling input costs
The company is scheduled to announce its Q4 results during market hours on May 11
BUSINESS
Cheaper pizzas, burgers! Zomato starves in trade as ONDC poses a threat
With ONDC, the government hopes to increase e-commerce penetration in the country to 25 percent in the next two years
BUSINESS
Analyst call tracker | IT stocks cement position in ‘Maximum Pessimism’ list after weak Q4 show; Adani shines on optimism score
While analysts are bearish on two-wheeler firms on rural uncertainty, they remain most optimistic on financial companies’ stocks
BUSINESS
Dalal Street This Week: 10 key factors that will keep traders busy
As we enter the fifth week of earnings season, over 300 companies are set to announce their quarterly numbers in the week ended May 14.
BUSINESS
Merged HDFC entity could see $200 million outflow after MSCI tweak
At present, HDFC's weight is 6.74 percent in MSCI India Index but preliminary calculations indicate that the merged entity will likely have a lower weight of about 6.5 percent
BUSINESS
Britannia may sweeten Q4 topline with 13% growth, led by price hikes, market share gains
However, net profit is expected to decline over 46 percent from last quarter, which included a one-time gain from stake sale in dairy subsidiary.
BUSINESS
Inflation, gold price to keep demands volatile, but we'll have 40 more Tanishq outlets: Ajoy Chawla of Titan
In the jewellery division, Titan reported 19 percent same-store sales growth and 10-11 percent buyer growth per store
BUSINESS
FOMC meet throws up correlation in Indian and US markets in times of rate hikes
Analysts believe that the much- anticipated 25 basis point Fed hike this time will have minimal impact on the strength of Indian markets
BUSINESS
Titan to clock 50% spike in Q4 net profit aided by shift in wedding season
A poll of brokerages has pegged Titan's EBITDA margin at 11.6 percent, improving from 10.7 percent in the year-ago period
BUSINESS
Taking Stock: Market momentum continues; Sensex up 242 points, Nifty nears 18,150
ONGC, Tech Mahindra, HDFC Life, Hindalco and Maruti Suzuki were the top stock gainers on the Nifty, while Hero Motocorp, Sun Pharma, UltraTech Cement, Bharti Airtel and Tata Motors lost the most
BUSINESS
Know Your Stock | What makes CCL Products second most held small-cap consumer stock among MFs
The company’s strength lies in creating various blends of freeze-dried coffee and spray-dried coffee to meet its clients’ needs. It offers over 250 customised blends for clients across 90 countries
BUSINESS
Shankar Sharma's 4 AM strategy, Brightcom blueprint and lessons learnt from bad bets
While explaining this strategy, Sharma has a word of caution and a piece of advice – this strategy is not for everyone and position sizing is key here. He also outlines the criteria for selecting what he calls 4 AM stocks.
