According to B Thiagarajan, it is not as simple as an explosion in demand for cooling products brought on by the unprecedented spell of high temperatures.
Companies would rather hold cash to fund working capital requirements or potential acquisition opportunities.
Duggad believes banking, auto and oil & gas companies will do well in 1QFY23
Grasim has accelerated the execution of paints capacity of 1.33 billion litres, with commissioning of plants to start in phases starting fourth quarter of FY24
The stock was listed on 30 January 2018 and the IPO price was set at Rs 859 a share. The firm raised around Rs 600 crore via IPO.
Input cost pressures have been a threat to profitability of cement firms for the past few quarters
Sakshi Batra does a 3 point analysis of Tata Chemical's earnings fine print.
NH Bhansali, CEO of Emami Group expects to sustain volume growth trend of 11 percent in the second half of FY15. He further adds that better scale will ensure margin expansion in the future.
The company raised prices of certain products by 2-3 percent last month, which have heavy petroleum derivatives as raw material. It plans to hike prices by 3-5 percent in another segment of products this month.
Swati Khandelwal Jain of CNBC-TV18 caught up with Mayank Pareekh, managing executive officer- marketing and sales, Maruti Suzuki to get his view on the way forward for the industry. He confirms that auto companies are looking to hike cost in January.
Shailesh Kanani, senior research analyst at Angel Broking joins CNBC-TV18 to discuss the outlook of infrastructure stocks going ahead.
ACC Cement has posted a whopping 85% rise in its net profit at Rs 159.31 crore for the July-Sept quarter of FY12. Sales also grew 30% at Rs 2283.42 crore.
Speaking to CNBC-TV18 in an exclusive interview, Sanjay Singh of Standard Chartered says that FMCG topline has grown well, despite inflation and a slowing economy. However, valuations for the sector are likely to correct in the next 12-18 months, he says.
Noel Tata isn't the only one warning against rising input cost. Raymond's chairman Gautam Singhania says inflationary pressure is a reality that retailers have to face.