Cement companies expect costs, muted demand to dent growthIndian cement companies are revising growth expectations downwards. Higher fuel, packaging, and logistics costs are impacting profitability...
Adani Cement eyes measured growth, defers ambitious FY28 targetsAdani Cement is prioritizing increased utilization of its current facilities. The company will focus on optimizing existing capacities. Cap...
Ambuja Cements shares drop over 2% after Q4 results. What Jefferies and Nomura are sayingAmbuja Cements shares fell despite strong Q4 results, where net profit jumped 78% year-on-year to Rs 1,830 crore and revenue rose 10% to Rs...
Ambuja Cements Q4 Results: Cons profit surges 78% YoY to Rs 1,830 crore; revenue rises 10%Ambuja Cements Q4 results: Ambuja Cements reported a strong Q4FY26 performance with net profit rising 78% YoY to Rs 1,830 crore and revenue...
Axis MF's former head of risk settles norms violation caseMeenal Baheti, the former head of risk at Axis Mutual Fund, settled a case with SEBI for ₹19.5 lakhs due to violations of mutual fund regul...
ETMarkets AIF Talk: With Rs 10,000 cr in AUM, Carnelian sees tariff volatility as investment opportunity, sees Manoj BahetyBahety concluded by reiterating his bullish stance on India’s long-term prospects, encouraging investors to focus on fundamentals and look ...
Ambuja Cements appoints Vinod Bahety as CEO for three years; says Ajay Kapur to continue as MDAmbuja Cements announced the appointment of Vinod Bahety as CEO starting April 1, 2024, alongside his roles as Additional Director and Whol...
ETMarkets PMS Talk: Faster, Stronger, Cheaper: A winning framework for stock selection, explains Manoj BahetyAcross our funds, we have been quite resilient during this entire downturn. Our funds have outperformed in the range of 5% to 10% in terms ...
Penna buy to cut logistics costs for Adani Cements: CFO Vinod BahetyAdani Cements uses the sea route for some transportation at Sanghi Industries and Ambuja Cements. "The plan for sea logistics will mature n...
We are ahead by around 2.3 mn kgs in production: Kamal Baheti, McLeod Russel"The first quarter does not reflect the current season prices or current year’s production being sold, it reflects mainly the old season wh...
Peak tea production season this year will be better than last year: Kamal Baheti, CFO, McLeod RusselKamal Baheti, CFO, McLeod Russel says that the tea prices are trending higher due to higher quality available in the market.
Opening prices for tea likely to be strong: Kamal Baheti, McLeod RusselThis will improve the quality of the tea and if we can really put some other norms in place, we will be able to export these teas.
Expect 10-15% higher bottom line compared to last year: Kamal Baheti, McLeod Russel"We can assume that there will be around Rs 20 increase in the prices, which will be around 10 to 15 per cent higher than last year."
IDBI MF appoints Satya Narayan Baheti as CEOSatya Narayan Baheti, who is a qualified Chartered Accountant, has three decades of experience in the banking and financial industry.
Had a good year with record 99 mn kg production: Kamal Baheti, McLeod Russel"If you look at the third quarter last year and compare it with the third quarter this year, we have been 5-6% higher on sales and around 4...
Expect tea prices to keep moving up as there are shortages: Kamal Baheti, McLeod RusselNo matter what we produce this year, the prices will keep on going up because there are shortages in the system, says Kamal Baheti.
- Expect tea prices to increase by Rs 20-25 per kg in June: Kamal Baheti, McLeod Russel India Ltd
In a chat with ET Now, Kamal Baheti, CFO, McLeod Russel India Ltd, talks about the factors likely to affect the company going forward.