Sector

India's consumption story has hit a speed breaker -- for now

Savings during the pandemic could still be supporting certain categories of discretionary consumption, but there are early signs of moderation in consumer credit and demand could further weaken in the case of a deficient monsoon

Is network expansion the booster dose diagnostic firms need?

Experts are bullish about the sector, and cite multiple tailwinds that would help drive growth, including increasing health awareness, potential industry consolidation, and more.

India asks IMF, FSB to prepare technical paper on regulating crypto

The international organisations are expected to present their joint paper during the 4th Finance Ministers and Central Bank Governors Meeting in October 2023, said a finance ministry release.

Dhanuka Agritech: Growth catalysts go missing

Weak 9M performance and limited opportunities for a turnaround continue to exert pressure on margins

Capgemini results indicate soft landing for IT services

Capgemini projects revenue slowdown in 2023 but the company continues to see decent order bookings

Pain points ease for pharma companies, but no earnings upgrades yet

Raw material cost inflation eased and US revenues grew at most large drug firms in the December 2022 quarter

Morgan Stanley upbeat on energy stocks; ONGC, Oil India top the hotlist

Analysts at the investment firm believe the earnings quality and returns of ONGC and Oil India have reached an inflection point and will see positive movement

Sumitomo Chemical India: Long-term opportunity despite near-term headwinds

Opportunity to supply technicals to its parent company showcases export potential, but near-term risks prevail

Fortunes of cotton textile industry go into a tailspin

India’s cotton textile industry is in a tight spot. Cotton and yarn prices are tumbling on the back of weak demand, particularly in big markets such as the US and Europe

Indian steel industry: Tapered now, tempered for future, thanks to changing dynamics

India’s steel industry is better placed than other countries and should witness strengthening of fundamentals, driven by better domestic demand, increased export opportunities, limited imports, and firming up of steel prices at healthy levels, says World Steel Association

Uncertainties about stake sale pull down Concor

The stock lost 17.8 percent so far in 2023 compared to a flat Nifty 50 index

PI Industries: Our optimism remains intact

A company with superior execution and solid business model

Apollo Hospitals: A credible profitability road map for pharmacy is the ask

Margin improvement continued in the mature hospitals division, but Apollo 24/7’s operating cost weighed on EBITDA

Delhivery: Valuation is on a slippery slope

Competitive intensity in the logistics sector is rising while we're seeing demand slacken across the board.

Global Health: Faster ramp-up in new facilities adds to financial health

Strong ramp-up in its newer facilities reflect the growing demand for high-end institutional healthcare facilities

Nykaa should revisit investments amid consumer spending slowdown

Gross margins dropped in December 2022 quarter, reflecting inferior product mix, discounts and consumer downgrades

Ad spend to grow 15% in 2023, India fastest growing market worldwide: Group M report

Digital drives advertising expenditure growth as India becomes the top-performing market globally.

PB Fintech needs to grow its core insurance business profit margin

While profitability at the insurance marketplace improved in 9M FY23, margins remain low 

UPL — Limited visibility on debt reduction targets

Corporate realignment has generated investor interest, but lowering debt is a prerequisite for rerating

No proposal to tax agricultural income, says government

Article 246 of the Constitution of India puts the tax on agricultural income under the State List.

KIMS: Ramp-up of newly acquired entities to be key growth driver

KIMS presents a play on the structural demand trend for healthcare facilities

Paradeep Phosphate: Watch out for volume uptick, backward integration

FY24/25 to see backward integration efficiencies kick in. Growth plan is right in place

NHPC’s growth drought is finally coming to an end

The stock gained 34 percent in the last one year as the company made progress on the projects under construction

Navin Fluorine: Keep this quality chemical business on radar during downcycle

Long-term thesis is improving but trading at an expensive multiple