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FESTIVE SALES IMPACT
Surge in air purifier sales in India as pollution levels rise during winter season 2023Air purifier sales have increased substantially in India as pollution levels rise and winter approaches. Quick-commerce platforms are exper...- Vehicle registrations fall 24% in October on high baseRegistrations of vehicles in October experienced a significant decline compared to the previous year's records. This drop was largely due t...
- Mahindra rides the SUV boom, but margins feel the cost squeezeMahindra & Mahindra reported a 25% increase in consolidated profit driven by strong SUV sales. The company's auto business grew significant...
- Gold price correction to lift Dhanteras sentiment, but sales volumes likely to remain flat: JewellersThe decline in gold prices is expected to boost demand this Dhanteras, All India Gem and Jewellery Domestic Council (GJC) Chairman Rajesh R...
- Gold price prediction: Will gold bounce back on Wednesday? Check outlook for November 4On the MCX, gold prices ended flat, while silver gained momentum to close higher. As for international prices, spot gold dipped 0.3% to $3,...
- Aditya Birla Lifestyle bets on festive demandThe company, which owns brands such as Louis Philippe, Van Heusen, Allen Solly and Peter England, reported flat like-for-like sales growth ...
- Soaring tech costs push festive shoppers towards EMIsAt Bengaluru-based Pai International Electronics, which operates across Karnataka, Andhra Pradesh and Telangana, 70-80% of smartphone sales...
- GST collections jump 22.9% to Rs 2.31 lakh crore in October as festive demand beats high inflation and interest ratesIndia's GST collections in October reached ₹2.31 lakh crore, reflecting a 22.9% year-on-year increase. Strong consumption trends are indica...
- Festive spending drives record UPI transactions in OctoberUPI processed transactions worth Rs 31.53 lakh crore during the month, a 16% rise from a year earlier and the highest on record, signalling...
- Lodha Developers rides housing boom in Q2, but keeps one eye on a bigger threatLodha Developers experienced a 10% rise in sales bookings, reaching Rs 5,037 crore in the second quarter. The company's pre-sales for the f...
- Lodha Developers profit rises 28% YoY to Rs 1,013 crore in Sept quarterLodha has announced a remarkable 63% surge in net profit, reaching ₹2,386 crore for the first half of FY27. This growth is driven by impres...
- Lodha Developers H1FY27 net profit soars 63%, expects to beat full-year guidanceLodha Developers reported a 63% rise in first-half FY27 profit to Rs 2,386 crore, driven by strong property sales and market expansion. The...
- Asian Paints’ consolidated profit jumps 7.5% YoY in Q2Asian Paints reported a 7.5% year-on-year rise in Q2 consolidated profit to Rs 1,067.6 crore, while net sales grew 16.9% to Rs 9,953.9 cror...
- Asian Paints shares see target price cuts by Jefferies, Goldman Sachs, other brokerages after Q2 results. Buy, sell or hold?Asian Paints has reported a year-on-year profit growth of 7% for the second quarter of FY 2027. Revenue surged by around 17%, although expe...
- Handset, TV makers set to slash production on festive sales shockSmartphone and television makers are cutting production by up to 20% after a weak festive season left retailers with excess inventory and u...
- Asian Paints Q2 Results: Net profit rises 7% YoY to Rs 1,068 crore; firm announces Rs 5.75/share dividendAsian Paints Q2 Results: The paint maker reported a 7% year-on-year rise in Q2 FY27 consolidated net profit to Rs 1,068 crore, while revenu...
- Festive demand, capex to fuel India’s industrial growth in H2 FY27 despite risks: ReportFestive demand and sustained public capital expenditure are expected to support India's industrial activity in the second half of FY27, alt...
- Meesho shares fall 3% even as Q2 loss narrows to Rs 132 cr. Why Jefferies raised target price but Nomura remains cautiousMeesho shares fell nearly 3% after Q2 FY27 net loss narrowed 68% year-on-year to Rs 132 crore, while revenue rose 34% to Rs 4,132 crore. Br...
- Tractor demand drying to likely 3-year low at arid farmsTractor sales are projected to fall by up to 10% year-on-year, while vehicle dealers in some markets are also seeing sharp declines in sale...
- Gold demand gains traction as market enters key festive & wedding seasonBar and coin demand, meanwhile, has reportedly moderated as price momentum has eased, tempering some of the investment-related buying seen ...
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