ABB India’s playbook is poised to cash in on high growth businesses that is aiding profitability and return ratios. Will it sustain?
The bounce in Navaratri vehicle sales is impressive, but can it be sustained as new macroeconomic headwinds emerge?
The acquisition of Lloyd Electric will be neutral on the earnings per share of Havells India's in FY18 and EPS-accretive thereafter, says Havells' CMD Anil Raj Gupta.
The third quarter results of Mahindra & Mahindra have not been that great, and with competition from majors like Maruti Suzuki and Hyundai growing strongly, only new products can help the company scale back on lost market share, says Ashwin Patil, LKP Securities reacting to the results.
The current fiscal is turning out to be a good year on back of new products and manufacturing, said MV Gowtama, CMD, Bharat Electronics Limited.
In an interview with CNBC-TV18, Vinati Saraf Mutreja, ED of Vinati Organics said that the company has started two new customised products on the back of which the revenues and net profit has increased.
Apurva Parekh, Director of Pidilite Industries says the challenging demand scenario last year hit revenue growth but no price reductions were taken to combat competition.
The credit rating reflects ability of a company to repay debt. The Baa rating granted by Moody's indicates obligation on a firm are judged to be medium-grade and subject to moderate credit risk and as such may possess certain speculative characteristics.
The order book for the company currently stands at Rs 780 crore, said A Nithya, whole-Time Director of the company.
The growth trajectory is very strong going forward and the company has all the necessary engines to grow the business at 20-25 percent CAGR, said Arun Kumar, MD, Strides Shasun.
KPIT's operating margin improved by 57 basis point (bps) mainly on rupee depreciation.
CRISIL Research has lowered its EBITDA margin estimate for Ram Ratna Wires, as the company is focussing on improving its brand reach, which is likely to increase the branding and advertising expenses. The research firm has reduced fair value estimate to Rs 57 from Rs 59 for the company.
The first quarter was a bit lack luster for the company because of unseasonal rains in WB and Karnataka, dispute between income tax department and corporation in Andhra Pradesh, pricing issues in Orissa etc, said Kalyan Ganguly, MD, United Breweries.
In the quarter we have grown at about 12 percent and for the year we have grown at about 22 percent on the net front, said Abhishek Somany, Joint MD Of Somany Ceramics.
In an interview to CNBC-TV18, RC Mansukhani, Chairman of Man Industries, said he expects a good year ahead with a 35 percent topline growth and a strong bottomline.
Anand Deshpande,CMD & CEO, Persistent Systems is optimistic on revenue growth after adding 51 new accounts in fourth quarter.
CRISIL Research has come out with its report on Hinduja Global Solutions. According to the research firm, margins of the company should improve going ahead as the remaining new centres start contributing to revenues.
There is a lot of headroom for growth in advertising premium for radio believes Prahsan Panday of ENIL because radio has seen a lot of growth from e-commerce, auto sector, retail and FMCG.
Fitch Ratings has assigned India-based JSW Steel a Long-Term Foreign Currency Issuer Default Rating (IDR) of 'BB+'. The Outlook is Stable.
Fitch Ratings has assigned India-based Indiabulls Real Estate (IBREL) a Long-Term Foreign Currency Issuer Default Rating (IDR) of 'B+'. The agency has also assigned IBREL's proposed US dollar denominated guaranteed notes an expected rating of 'B+(EXP)' and Recovery Rating of 'RR4'.
CARE Equity Research has come out with its report on Asahi Songwon Colors. The research firm has retained a fundamental grade of 4/5 for the equity shares of the company.
CARE Equity Research has come out with its report on Sarda Energy and Minerals (SEML). The research firm has maintained a fundamental grade of 3/5 for the equity shares of the company, indicating 'Good Fundamentals'.
Sushil Finance has recommended a hold rating on Atul Auto with a target price of Rs 325, in its November 18, 2013 research report.
Brokerage house Angel Broking has recommended a 'Reduce' rating on JSW Steel with a target price of Rs 775 in its October 30, 2013 research report.
Brokerage house ICICIdirect.com has recommended hold rating on Adhunik Metaliks with a price target of Rs 20, in its August 30, 2013 research report.