BUSINESS
Hindustan Unilever cracks 5% as Q2 show misses Street's estimates, margins disappoint
HUL noted that rural demand continued to recover, outperforming urban demand over the past few quarters.
BUSINESS
Short Call | Earnings season, a harsh reality check? Coforge, Varun Beverages, City Union Bank in focus
I can't say enough about the fact that earnings are the key to success in investing in stocks. No matter what happens to the market, the earnings will determine the results. - Peter Lynch
BUSINESS
Heart of Hindustan Unilever is with our kirana merchants, says CEO Rohit Jawa
Distributor inclusion is our priority number one; we invest behind this because we want our shoppers to be able to shop through kirana stores, said CEO Rohit Jawa.
BUSINESS
Ice cream business is high growth but also high investment & low margin: HUL CEO Rohit Jawa
The ice cream business has always seen limited synergies with the rest of the business, even for a typical kirana store, said HUL CEO Rohit Jawa.
BUSINESS
ITC Q2 Preview: Cigarette volumes may grow 3%, paperboard arm to pressure margins
According to a Moneycontrol poll of eight brokerages, ITC is likely to report revenue of Rs 17,986 crore in September quarter
BUSINESS
Hindustan Unilever Q2 Preview: Flat earnings likely amid high commodity costs, muted demand
According to a Moneycontrol poll of seven brokerages, Hindustan Unilever is likely to report a revenue growth higher by 4.4 percent on-year, at Rs 15,694 crore.
BUSINESS
Brokerages bullish as Zomato considers $1 billion QIP, 49% FII limit
Reports suggest that Zomato would apply to the Reserve Bank of India to limit its foreign institutional holding to 49 percent.
BUSINESS
Manappuram Finance shares crash 15% as RBI whips subsidiary Asirvad Microfinance
On October 17, the Reserve Bank of India took action against four NBFCs and NBFC-MFI citing material supervisory concerns, including Asirvad Microfinance.
BUSINESS
States to reduce fiscal deficit to 3.2% in FY25
13 states of 21 states studied likely to breach the Finance Commission's target of 3 percent fiscal deficit.
BUSINESS
Capex growth to fall sharply for states, Bihar and five others to witness contraction
The moderation in expenditure growth is likely to be broad-based, according to the NSE, impacting both, revenue expenditure as well as capital expenditure.
BUSINESS
Short Call | The other side of emerging markets; Wipro, Sunteck Realty, JustDial in focus
"When you consider the sheer magnitude of investable equities to choose from in the world's emerging markets, you realize that finding one that looks attractive enough to warrant investing your faith and assets in is as formidable a task as finding a needle in a haystack." - Mark Mobius
BUSINESS
Nestle India Q2 Preview: High commodity inflation to pressure margins, price hikes to drive revenue growth
Nestle India’s growth in recent quarters has been pricing-led, and some brokerages expect this trend to continue during the quarter ended September.
BUSINESS
Analyst Call Tracker | BFSI stocks steal the spotlight, IT tumbles out of favour in September
Stable asset quality, rising geopolitical uncertainties, and expectations of a dovish central bank burnished the appeal for blue-chip BFSI firms.
BUSINESS
Analyst Call Tracker: BFSI counters top optimism list in September, brokerages bullish on Shriram Finance, SBI Life, ICICI Bank
Shriram Finance bagged 41 'buy' calls during the month gone by, up from 39 calls in August, based on Moneycontrol's analyst call tracker.
BUSINESS
Avenue Supermarts Q2 underwhelms on stiff competition from online rivals; shares crack 8%
DMart's net profit for the second quarter of the current financial year rose by 5.8 percent on-year to Rs 659.6 crore.
BUSINESS
DMart Q2 Preview: Store additions, stable margins to support earnings; PAT may grow 17% on-year
The DMart parent is expected to record a 13.2 percent on-year rise in revenue to Rs 14,289 crore, according to a Moneycontrol poll.
BUSINESS
Short Call | What keeps the RBI up at night? Macrotech Developers, Bandhan Bank, Kaynes Tech in focus
“Stock market bubbles don’t grow out of thin air. They have a solid basis in reality, but reality as distorted by a misconception.” – George Soros
BUSINESS
Smallcap, midcap indices crack 3% amid FII outflows, rising crude prices
During market corrections or downturns, midcaps and smallcaps tend to decline sharply as a result of their high beta nature.
BUSINESS
Nifty, Sensex snap 5-day losing streak as US jobs data sparks optimism; all eyes on RBI
So far in October, foreign institutional investors have net sold shares worth Rs 30,720 crore over three trading sessions.
BUSINESS
Market volatility likely to continue; how should investors position themselves?
As the bears run amok on Dalal Street over the past four sessions, combination of headwinds including stressed valuations, geopolitical tensions and foreign fund outflows is likely to keep the sentiment subdued.
BUSINESS
Brokerages optimistic as Marico delivers 'better-than-expected' Q2 update, sees sustained rural recovery; stock gains
Marico's consolidated revenue grew in high single digits, with higher domestic realisations offset by currency headwinds.
BUSINESS
Dabur signals fall in profit, revenue for Q2 on low consumer offtake, brokerages slash targets; shares crack 8%
While brokerages expect Dabur India to see recovering sales growth October onwards, slower demand momentum is a cause for concern.
BUSINESS
Rajiv Jain's GQG Partners pays $500,000 to settle SEC charges over whistleblower protection rules
GQG Partners settled without admitting or denying wrongdoing while acknowledging the US SEC's jurisdiction in the case.
BUSINESS
Short Call: Nifty 50 enters October with history on its side; Trent, Crompton Greaves in focus
“Investors should purchase stocks like they purchase groceries, not like they purchase perfume.” - Benjamin Graham
