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The Indian paper industry is grappling with wafer-thin margins and rising input costs, but signs of a cyclical turnaround are beginning to emerge.
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Bharat Electronics Ltd. (BEL), a leading defence electronics company in India, continues to solidify its position with a strong order book, efficient execution, and improving margins. Recently included in the Nifty 50 index, BEL's stock has corrected from its peak of Rs 340 in July 2024 to Rs 279, offering reasonable valuation at 29x FY27 estimated earnings. With a focus on defence contracts, R&D investments, and margin expansion, BEL is poised for sustained growth.
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Per data provided by SIAM, the sales of small cars declined 15.5 percent to 66,000 units between April-September 2024.
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Lowering the cost of production is crucial for aluminium companies to remain competitive, profitable and resilient in a volatile global market.
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L&T said that geopolitical tensions, volatility in international financial markets, geoeconomic fragmentation, continuing sea route trade disruptions, and extreme weather events, pose risks to the outlook for 2024-25.
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The private sector has always been investing in industries like cement, steel, electronics, construction materials and automobiles. This will continue to be the case, although it may be more careful spending.
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The engineering major is looking to expand its staff strength in West Asian countries, especially Saudi Arabia, where it has set up fabrication shops and is encouraging local engineering graduates to train with it
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Shankar added he expects the government to improve on the Rs 11.11 lakh crore capex for the infrastructure segment once it returns to power.
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Wipro has reportedly sent intimations to hundreds of mid-level executives as these employees are "very expensive resources" onsite in Capco, a consulting company which it acquired in 2021
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The engineering major expects its revenue to grow in the high teen percent and order intake growth at 20 percent in the current financial year.
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Raman added that by looking at the strong momentum of order inflow witnessed during the first half of FY24, it is likely that L&T will surpass its guidance for order inflow and revenue for FY24
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The shift to cleaner fuels is powering the company’s 3-wheeler sales in the CNG and EV categories.
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A rethink on banking stocks could mean that the Street is not sure if credit growth will be as strong this year as well. If demand for credit remains strong, then margin pressures should not be too much of a worry
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Company focusing on rural markets as recovery in this segment is critical. Seasonality in portfolio likely to remain.
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Net interest margins of NBFCs ranged from 3 to 15 percent at the end of FY23, according to data from Bloomberg and investor presentations.
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Revival of demand in rural markets remains critical to Dabur's fortunes
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Jefferies India has affirmed a "buy" rating on Larsen & Toubro Ltd, a leading engineering company in India. The investment bank has raised its target price for the company by 22 percent from the current market price, to Rs 2,650. This upgrade in target price reflects expectations of improved earnings, driven by a robust order book..
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Rural markets present a good opportunity for volume growth and higher penetration while urban markets will provide premiumisation opportunity
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Investors need to track demand revival in the rural market. Given the higher inflation, consumption of some discretionary products remains critical
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Although commodity costs declined in the September quarter, they are expected to stay high due to a lag effect.
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Accenture Plc, whose fiscal year ends August 31, will announce its fourth quarter earnings after Indian markets hours on Thursday.
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The employees were to receive their variable pay along with July’s salary, which will has be paid with August salary
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Wipro's move to pause variable pay and defend margins comes amid fears of a possible recession in the US
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A Moneycontrol analysis of 169 companies, which have announced their June quarter earnings and for which data is available for the 25 preceding quarters, shows that aggregate operating profit margin was at 20.83%, the lowest growth since June 2020
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With demand for security services and facility management set to rise as the economy reopens, should one buy SIS shares? Watch the video to know more.
