BUSINESS
HFT Scan: Atul Auto and Geojit Financial Services in focus
Geojit Financial Services touched a 52-week high on May 2.
BUSINESS
Dabur India to expand gross margin with price hikes, but won’t hit recent highs, says CEO
The management guided a mid-to-high single-digit volume growth going ahead. The company has also budgeted a 3 percent price increase, limited to a few parts of the portfolio.
BUSINESS
Hike in surrender value could drag insurers' profitability, say experts
If IRDAI considers increasing the surrender value, it will likely impact insurance companies's profitability as well as policyholder’s behaviour, analysts said.
BUSINESS
More investors now buying PMS products directly, avoid distributors
Growing awareness of PMS products and the rise of family offices, which have the resources to analyse the performance of various PMS products, are the key factors driving this trend, they say.
BUSINESS
PSU bank stocks at all-time high as quality banks face setbacks. Will the rally continue?
Compared to historical averages, PSU banks are beginning to look expensive. Traditionally, PSU books used to quote at less than one time (stock) price to book value. Most of them are now quoting at more than one time the book value.
BUSINESS
Hindustan Unilever drops 'health' label from Horlicks, calls it 'functional nutritional drink'
The National Commission for Protection of Child Rights recently had said that there is no definition for 'health drinks' under the Food Safety and Standards Act 2006.
BUSINESS
Hindustan Unilever eyes modest margin improvement on better product mix, will invest in 6 growth areas
The FMCG bellwether is eyeing to clock a double-digit earnings per share (EPS) growth going ahead said chief financial officer Ritesh Tiwari
BUSINESS
Urban markets, premium products continue to drive FMCG growth even as rural demand seeing recovery: HUL
Commenting on the outlook for the FMCG sector, the HUL management said that it sees FMCG demand to continue improving gradually.
BUSINESS
Nestle India Q1 preview: Strong revenue, profit growth expected on price hikes
Nestle India is expected to post a volume growth of 5.3 percent and a pricing growth of 3 percent YoY in the January-March quarter YoY, as per Kotak Institutional Equities.
BUSINESS
Tata Consumer tea market share declines; CEO waits for rivals to release numbers
Tata Consumers' moving annual total (MAT) market share for tea has decreased by 30 basis points in volume and 50 basis points in value over the past year.
BUSINESS
Tata Elxsi rides high on OEMs' software development spend
The company's revenue from operations increased 8.1 percent year-on-year (YoY) to Rs 905 crore in Q4FY24.
BUSINESS
Sudden surge in FinNifty put options raise alarms, premiums spike up to 20x in a minute
Technical analysts told Moneycontrol that the sudden spike in FinNifty put option prices could be the result of big algo trades executed for stop-loss hunting by HFT players.
BUSINESS
Top 5 AIFs in March: Quest Investment Managers, Sundaram Alternate Assets take first 2 slots
The top five, Category III Alternative Investment Funds have given between returns between 2-4 percent in March.
BUSINESS
TCS Q4 results, record order book gives revenue visibility for near term: Experts
Experts also said the worst is behind for the company reeling under the IT sector slowdown, marked by slow discretionary spending in the US
BUSINESS
More non-residents preferring AIFs over PMS, say industry people
A stable rupee, and the consistent outperformance of Indian equities over other markets are among the key reasons drawing NRIs to India’s stock market.
BUSINESS
Top 5 PMS in March: These portfolios gained the most, Pace Financial takes first 3 spots
Pace Financial's Tresor Flexi, Tresor Prive, Tresor Sustainer, NAFA Clean Tech portfolio, and Samvitti Capital's Long-term Growth portfolios were the top five PMS schemes that gave the best returns in March
BUSINESS
Hot US inflation kills hopes of rate cut in June, may halt India share market rally
The core US inflation too remained hot, coming in at 0.4 percent month-on-month, and at 3.8 percent year-on-year.
BUSINESS
HFT Scan: Exide Industries and Indiabulls Real Estate in focus of algo traders
Exide Industries and Indiabulls Real Estate touched a 52-week high.
BUSINESS
Four investment bets from a fund manager who delivered 93% return over the past year
Siddharth Oberoi of Prudent Equity AIF talks about his investment strategy as stocks hit record high
BUSINESS
AIFs seek capping of NBFC investments into funds at 10% of corpus
The ask comes on account of concerns relating to independence with respect to investment decision making in certain AIFs which has high share of their corpus from NBFCs.
BUSINESS
Dalal Street Week Ahead | US, India inflation, FOMC minutes, Q4 earnings among 10 key things to watch for
Buoyancy of the broad market indicates the strength will continue in the short-term. Meanwhile, robust US economic data has cast doubts on the Fed rate cut in June that the market was expecting.
BUSINESS
After 'globally feted' blockchain platform for bonds, NSDL launches similar product for loans
In an exclusive interaction with Moneycontrol, the depository's CEO Padmaja Chunduru explained what the main advantage of this platform would be
BUSINESS
Corporate governance guidelines for family businesses soon: Sanjiv Bajaj
The CMD of Bajaj Finserv was speaking at the industry body's annual summit for corporate governance
BUSINESS
HFT Scan: Hi-Tech Gears, One Life Capital Advisors in focus
Hi-Tech Gears and One Life Capital Advisors closed higher on March 22
