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12/14/2021
Key takeaway: We hosted management to discuss LTs ESG initiatives. Investor questions were mainly on the defence business, and mgt maintained the co is not involved in cluster munition or nuclear weapons. Discussions are on with ESG rating agencies on the defence exposure. We believe LT is on a re-rating path as it continues to
10/26/2021
By Shrikant Chouhan The benchmark indices opened with a gap due to exceptional strength in the global cues, the market has managed to surpass the level of 17400 but due to lack of follow-through buying it trimmed all intraday gains and eventually closed near to the days lowest level which is broadly negative. Among sectors,
10/19/2021
Just when we thought we are seeing the end of the pandemic, news of the Omicron variant has put the world back on alert. What might be affected most are year-end travel plans. As per reports, airports globally are seeing less travellers each passing day. In India, too, resumption of international flights slated from December
08/24/2021
Investors wealth has eroded by over Rs 6.15 lakh crore in three days of market decline amid weak global cues and persistent selling by foreign funds. The BSE benchmark Sensex tumbled for the third straight session on Friday to close at 59,306.93, down 677.77 points or 1.13 per cent. In three days, the 30-share index
08/10/2021
By Sanjay Kaul The weltanschauung has changed for many around the world. It has somehow become uniform over the years. This shift has been prompted by telecommunications and technology-enabled augmentations in our surroundings, allowing us to live in a world that generally promotes familiarity. It won The marketing biome, which accommodates within its brands, has
08/10/2021
Marico Volatile edible oil prices (price cut in July, price hike in August Copra prices further corrected in Q2, leading to sequential GPM improvement, albeit GPM continued to contract on y-y basis due to elevated input-cost inflation. We estimate consolidated Q2FY22F revenue growth of c.+20% y-y (vs. Q2FY21: +9% y-o-y; Q1FY22: +31% y-o-y) and Ebitda\/PAT
07/27/2021
Recently, Financial Express Online carried an article on In a letter to the editor, the Embassy of Armenia, New Delhi has raised an objection regarding the mention of Armenia Here is what they say: Dear Editor, Like friendly India, the Republic of Armenia is a democratic state that ensures freedom of the press at the
07/27/2021
The ratio of debt in one In an exclusive interview with Nishita Nathani of FE online, Avnish Jain shared his insights that amidst the hike in the interest rates to trending global crude oil prices to domestic macroeconomic concerns, having a longer-term horizon for your investments is likely to generate better risk-adjusted returns. Talking about
05/18/2021
We expect asset management plays will benefit from the improving equity mix for the third successive quarter in Q2FY22e. End to end, equity AUM has grown by 21% between Mar This was aided by strong equity flows (dominated by NFOs in Jul-Aug2 trn (ex-Index\/passive and including hybrid funds) in 5MFY22-TD and improving SIP book (flows
03/30/2021
For Massive Restaurants, which operates brands like Farzi Caf Zorawar Kalra talks to Vaishnavi Gupta about expanding the company How would you recap the pandemic During that time, we suffered over 50-60% revenue loss. We also closed down two restaurants last year in Mumbai due to lack of support from landlords in negotiating rents. However,
- Re-opening US economy already priced in by Wall Street; Morgan Stanley downgrades small-caps
- Sensex, Nifty eye gap-up start on Tuesday; five things to know before market opens
- Proposed amendment to tobacco products act puts livelihood of millions of women in jeopardy, says study
- Paytm IPO: Issue subscribed 1.89 times on last day, QIB portion booked 2.79 times; what should investors do?
- Gold Price Today, 9 Nov 2021: MCX Gold looks to hit 48300; analysts expect rise in gold prices this week
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