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Amit Khurana backs LTIMindtree, OFSS and eClerx as tactical betsAmit Khurana of Dolat Capital has upgraded India's IT sector, citing depressed valuations and rupee depreciation as key drivers. He believe...- Ensure self-reliance, reduce chemical product imports: Secy Tejveer Singh to industryHe highlighted the need for a strategic roadmap and announced a new scheme to strengthen domestic manufacturing, including three proposed c...
- Secular, cyclical or war-dependent: A ratio to tell you what kind of growth you are buying. 6 stocks with upside potential of up to 29%Some valuation ratios are used because they are easy. The PE ratio is one of them. It is simple, familiar, and convenient. Not only for the...
- Polycab shares jump 6% as post-earnings target prices go up to Rs 10,500. Should you buy now?Polycab India shares jumped 6% to Rs 8,938.70 after the company posted stronger-than-expected Q4 results, triggering a wave of target price...
- Buy, Sell or Hold: Goldman Sachs backs TCS, Morgan Stanley stays underweight on WiproBrokerages remain divided on frontline stocks, balancing near-term triggers with medium-term growth concerns. Morgan Stanley stays overweig...
- Sula Vineyards promoter Rajeev Samant buys Rs 3-crore shares, raises stake to 23.27%Sula Vineyards CEO Rajeev Samant raises stake to 23.27% with Rs 3 crore share purchase, marking his first buy since the 2022 listing. The s...
- Most agri cos to face destocking pressure through 1QCY24: Kotak Institutional EquitiesThe global agrochemical market is likely to experience a double-digit decline in revenues in CY2023. While prices of most post-patent activ...
- It feels like 'Lehman II’ in this crucial industryThe German specialty chemical maker Lanxess AG last week had warned recent fall in sales volumes was more severe than in the 2008-09 recess...
- GST 100 days: FMCG companies give thumbs up, say demand picking upMost FMCG firms were hit by de-stocking by channel partners ahead of the implementation of the GST in July this year due to uncertainties o...
- India FY18 GDP growth likely at 7.1 pc: NomuraWhile demand-side price pressures remain contained, supply side and statistical factors like food prices, GST and HRA are driving inflation...
- GST is a big complimentary step: Gaurav Kapur, IndusInd Bank"I would look at GST as the other actually the major step which would improve the tax base but I think that would happen over in due course...
- Direct impact: Now we know who all took the biggest knock of GSTFM, however, on Sunday said the rollout of GST was 'extremely smooth' in the country.
- Wholesale trips up FMCGs, players say biz as usual soonBusiness with CSD - which contributes up to 5-7% of sales for most FMCG companies -came to a standstill in June. and is still taking time t...
- GST impact of destocking is between 15 to 20 crores: Mithun Chittilappilly, V-Guard Industries"We grew by almost 17% to 18% in Q4 last year and that growth decelerated to 1% growth in the next quarter. So obviously that kind of poor ...
- Destocking in India hurts Colgate-Palmolive’s APAC salesAsia Pacific region accounts for about 18% of its global sales. The Indian unit will report quarterly earnings performance on August 3.
- Destocking to impact top line of FMCG CompaniesThe companies, though, are likely to hold on to their margins during first quarter after cutting ad spends, making this the third consecuti...
- FMCG companies may stagger output as distributors unload stocksEven as trade channels and distributors look to avoid tax payout disparity ahead of GST rollout on July 1, some companies are giving out hi...
- Growth in rich economies crimped by destocking in Q4: OECDIn France, private consumption and net exports contributed to growth of 0.3 per cent, but destocking reduced growth by 0.3 percentage point...
- FMCG companies' sales surge on destocking at Canteen Stores DepartmentFMCG companies have taken a sales hit owing to the possible renegotiation of terms-of-trade and destocking at Canteen Stores Department (CS...
- Steel prices should stabilise in long-term: JindalSteel prices have fallen in the past few months due to global de-stocking but it should stabilise in the long-term, a top JSW Steel officia...
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