BUSINESS
FMCG Q3 preview: Weak rural sentiment, increased regional competition impact demand
Other factors that will weigh on topline and bottomline performance of FMCG companies are inflation, the impact of seasonal abnormalities such as flash floods, and the delayed onset of winter. In a silver lining, urban markets have remained resilient.
BUSINESS
Analyst Call Tracker | Asian Paints outlook dull as Grasim entry raises competition concerns
Asian Paints had 11 'buy' calls, an equal number of 'hold' calls and 15 'sells' at the end of December
BUSINESS
From return of FIIs to sustainable growth: 7 themes to ride on in 2024
From the various narratives surrounding the election-driven markets to strategies around infra and digital transformation, here are experts’ seven key themes to watch out for in 2024
BUSINESS
Gold Price Outlook 2024: Rate cuts, central bank buying, geopolitics, polls to fuel bigger rally than 2023
Gold Price Outlook: In 2023, gold prices surged 13 percent, giving investors remarkable returns. Now in 2024 as well, analysts expect the yellow metal to continue its stellar run.
BUSINESS
Astral’s Rs 885 cr block-deal could spark short-term volatility; long-term outlook stable
Around 1.76 percent Astral shares changed hands in a block deal for a total consideration of Rs 884.6 crore.
BUSINESS
Varun Beverages’ South African acquisition sparks enthusiasm from brokerages; CLSA upgrades to ‘buy’
Jefferies said that it expects VBL’s focus in South Africa to be on the Pepsico brands, which should also be margin accretive for the company.
BUSINESS
Mounting debt, falling volumes: Why BAT may want to offload stake in ITC Hotels once listed
At $2-3 billion fair value, hotel business stake sale could yield $350-500 million, says Jefferies.
BUSINESS
BAT stake sale unlikely to have any long-term impact on ITC, say analysts
The stake sale might be a bid by British American Tobacco to reduce its debt levels, while also meeting India’s stringent rules for foreign ownership in tobacco companies.
BUSINESS
Younger population, digital products, urbanisation to drive India's gold demand: World Gold Council
While financial inclusion has yielded positive results for the country’s prosperity, the WGC said it has created challenges for the gold market.
BUSINESS
VI, Yes Bank, IOCL top wealth destroyers, wipe off Rs 2.55 lakh crore in 5 years: Motilal Oswal report
The total wealth destroyed during the period of study is Rs 17 trillion or 25 percent of the wealth created by the top 100 companies.
BUSINESS
ITC’s future-ready plans: Diversification, innovation and cost-optimisation keep brokerages bullish
Slicing national shares, ITC enjoys strong position in several segments either geographically or in specific sub-categories
BUSINESS
REC enters €200 million loan agreement with German bank; shares slip
The company in a statement said this marks REC's sixth line of credit under the Indo-German development cooperation.
BUSINESS
Analyst Call Tracker: Capex cycle, order book drive upside for L&T
The stock has been doing well. The 72 percent growth in its order book and proven track record in execution of projects make it an attractive buy.
BUSINESS
Stocks, gold defy tradition, move up in tandem to touch highs
Some experts feel this trend will be short-lived, others feel this will continue for the next year or two, as elections in India and global tensions impact both these asset classes.
BUSINESS
As FII holdings plummet to 10-year low, DIIs, retail investors keep share market afloat
DIIs are betting heavily on BFSI, auto and auto ancillary, along with sectors related to economic recovery, said analysts.
BUSINESS
Gold at $2,000 is poised for a rally. These are the factors at work
Historical data suggests that gold rallies by about 4 percent in the month preceding an interest rate cut and 6 percent after.
BUSINESS
Brokerages bullish on Coal India: High volumes, falling employee costs, e-auction gains favour for stock
Following the investor call, brokerages remained bullish on Coal India on higher volumes, lowering wage bill and increased e-auction premiums
BUSINESS
Consumer staple firms pin hopes on festive season for volume growth: Jefferies
Gross margins for consumer staples players also saw an improvement, as input prices of raw materials turned benign
BUSINESS
Softer US CPI tailwind for Indian share market; expect FIIs to return, financials, auto to outperform
With the softer US inflation print, expectations are high that the peak of the rate cycle is reached which may lead to a Fed pivot.
BUSINESS
Will FIIs return to buy Indian equities? US Fed rate pause to benefit India but outlook cautious
Any drop in the interest rates means that more money will flow into EMs and India will be the biggest beneficiary, say market experts.
BUSINESS
Bharti Airtel Q2: Revenue may jump double-digits on increasing ARPU, subscriber addition
The company is likely to see a 10.8 percent jump in overall revenues in the quarter ended September. The near term growth looks positive owing to the growth in demand for data globally and the transition from 4Gto 5G.
BUSINESS
Mid and small-cap carnage: How to reposition your portfolio
This correction is an opportunity for investors to strengthen their portfolio, be it mid- or small-caps. The long-term outlook for midcaps remains positive as a large portion of them are domestically oriented businesses, say analysts
BUSINESS
How will the surge in US bond yields rub-off on other asset classes?
US bond yields have reached the highest level since 2007. Interestingly, in a break from tradition, gold and crude prices are also rising along with the yields, thanks to the global geopolitical uncertainties.
BUSINESS
HUL Q2FY24 preview: Inflation to hit revenue, sales growth; profit may fall as price cuts hit margins
While brokerages say the company might see a 3-5.5% revenue growth YoY to around Rs 15,000 crore, analysts project PAT to be down around 1% YoY -- at around Rs 2,500 crore
