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Will the currency cycle help them? Yes, but very selectively: 10 pharma stocks with upside potential of up to 33%The biggest mistake made in currency cycles is to confuse revenue gain with pure earnings gain. A company may report stronger rupee revenue...
West Asia war to dent India’s ceramic tile revenue by 1–2%India's ceramic tiles industry faces a revenue drop this fiscal. The West Asia conflict disrupts production and exports. Supply constraints...
Income Tax Department begins crackdown as jewellers strike gold with accounting trickAmid rising gold prices, some jewellers are under scrutiny for potentially manipulating accounting methods to reduce profits and tax liabil...
Buy United Spirits, fair value Rs 660: Kotak Institutional EquitiesEven as demand environment remains challenging, raw material prices have stabilised and valuations have turned attractive, said Kotak.
Suzlon surges 10% amid reports of SBI approving restructuring proposalThe company has reported a widening of consolidated net loss to Rs 742.91 crore in December quarter.
Suzlon Energy Q3 loss widens to Rs 743 croreTotal income from operations declined to Rs 672.99 crore in the quarter ended on December 31, 2019.
Asian Paints to report double-digit growth in profit, sales in March quarterEdelweiss Securities projected that the company may report 23.30 per cent year-on-year (YoY) rise in net profit at Rs 611.50 crore in Q4FY1...
Asian Paints Q2 results today; What to look forThe scrip was down 0.78 per cent at Rs 1,228.30 at around 9.40 am.
Cash ban singes HUL, sales dip 1% to Rs 8,318 croreNet sales during quarter ended December was Rs 8,318 crore compared with Rs 8,385 crore a year ago. Net profit grew 7 per cent to Rs 1,038 ...
HUL reports 7% rise in Q3 profit on Rs 159 crore exceptional gains; Ebitda margin contracts 70 bpsThe company said that the squeeze in liquidity due to cash ban led to fall in trade pipelines and lower consumer offtake.
HUL's Q2 profit flat, sales grow marginally, below expectationsHindustan Unilever Ltd said sales at its domestic consumer business were impacted by phasing out of excise duty incentives and price de-gro...
Hindustan Unilever posts 17% rise in fourth-quarter profit at Rs 1018 croreDomestic sales, a proxy for consumer demand in the country, grew 8% to Rs 7675 crore, with volume growing at 6%.
Cheaper raw materials to boost India Inc profitPalm oil prices have fallen by over 13% in July-September in dollar terms yielding higher profit margins for FMCG companies and potentially...
- Gujarat Gas rallies as Q3 consolidated net profit jumps 182%
Gujarat Gas surged over 3% after the company registered 182% jump in the consolidated PAT for the quarter ended December 31, 2012.
- Sony’s net doubles on camera
Sony, the world’s second-largest maker of consumer electronics, said first-quarter profit doubled after the dollar’s increase against the y...
- ST Micro to shut tho cut cost
STMicroelectronics announced that as part of its decision to deconsolidate its Flash memory businesclose down three of its manufacturing op...
- LG Electronics reports 122.6 billion won loss in first quarter
The net loss was 122.6 billion won (132 million US dollar) in the three months ended March 31, compared with a profit of 151 billion won a ...