For the last few days, shares of most FMCG companies have been trading lower as quarterly updates pointed to a fall in demand and margin pressure amid rising inflation
Since the start of 2020, Covid-led disruptions had been a blessing in disguise for IT and consumer goods stocks, spurring increased adoption of digital technology and demand for consumer products. Such demand has slackened
HDFC Bank’s earnings growth in Q4FY22 could have been over 30 percent, had it not created contingency provisions of Rs 1,000 crore during the quarter. While such fine-tuning of numbers leads to ‘boring consistency’ in HDFC Bank’s numbers, it highlights the bank’s ability to spread risks across cycles
The government and Reserve Bank of India have stepped in and announced various measures to allay investor concerns.
The premium valuation (45 times FY20e earnings) factors in limited earnings volatility, innovation profile and strong execution capability. The recent correction in the stock provides a reasonable entry point to take exposure to a high quality defensive bet.
Himanshu Kapania, MD of Idea Cellular, said data volume grew at 76 percent Year-on-Year (YoY), while data realisations declined 17 percent during the same period.
Tata Consultancy Services (TCS) expects to sustain its margins on the back of strong demand outlook going forward. The company has also increased their hiring for FY14.
Ratings agency India Ratings has given a negative outlook for the media and entertainment (M&E) sector in the first half of 2013. However, for the second half of the year, the agency has maintained a stable outlook.
CRISIL Research has come out with its report on margin pressure. The research firm expects India Inc's revenue growth in Q1FY13 to be the weakest in the last six quarters as demand moderates in the current quarter.
Chief executive of Dabur India Sunil Duggal says they are mulling a 5% price hike in the next quarter so as to overcome margin pressures due to inflation in raw materials.
Despite the unabated pressure on margins, CEO of Dabur India Sunil Duggal tells CNBC-TV18 that he doesn‘t expect margins to fall from here on.
In an interview with CNBC-TV18, Nikhil Nanda, MD, JHS Svendgaard talks about the latest happenings in his company and sector. For complete details watch the accompanying video.
The real estate sector has been one that writes the Indian growth story. Though the general consensus says the growth in this sector will continue to be robust due to inherent demand, a recent KPMG report indicates businesses are reeling under pressure.
Top Indian shipping services companies, still reeling under margin pressure due to soft rates in the dry bulk and crude carrier segments, are looking to expand their presence in the oil and gas segment hoping the oil rally to continue.
Pathik Gandotra of IDFC Securities is positive on banks as he thinks valuation of sector has become attractive. In an interview to CNBC-TV18, Gandotra said that concerns in the banking over banking though have reduced but not over yet.