Britannia Q3 Results Preview: PAT may fall YoY on muted revenue, profitability; demand outlook eyed
Britannia Q3 Results Preview: The company is seen reporting a moderate 1.2% year-on-year (YoY) growth in consolidated revenue for the December quarter due to flat growth in volumes, according to the average of estimates given by 10 brokerage firms.
Top sectors where D-Street superstars invested big bucks
Many investors closely track the investments of superstar investors like Rekha Jhunjhunwala, Ashish Kacholia, Sunil Singhania, and Vijay Kedia for valuable market insights. Each investor’s public portfolio reflects their unique investing style and their preferred approaches. Rare Enterprises leans towards textiles, apparel and accessories stocks, while Sunil Singhania and Porinju Veliyath favour software and services. […]
Tech View: Nifty charts hint at sideways movement ahead. What traders should do on Tuesday
Present weakness is unlikely to damage the near-term uptrend status of the market and one may expect chances of an upside bounce from the lower levels. Immediate support is to be watched around 21,600-21,500 levels, said Nagaraj Shetti of HDFC Securities.
Hyatt affiliate Juniper Hotels, 3 others get Sebi nod for IPO
Juniper Hotels, which runs hotels under the “Hyatt” brand, plans to raise up to Rs 1,800 crore through the IPO which is an entire fresh issue of equity shares with no OFS component. A possible pre-IPO placement of up to Rs 350 crore may reduce the issue size.
Here’s why Sampath Reddy is cautious on the chemical sector
If you see, if you recall, most of the API and chemical companies were trading at a much superior valuation to, let us say, that of a formulation companies in the pharmaceutical sector, that was never the case in the last 15-20 years.
Kerala Budget: Here’s what gets costlier after budget announcement
The Kerala government has raised liquor prices and court fees to generate additional funds for development works. The excise duty on Indian-made foreign liquor (IMFL) has been increased by Rs 10 per litre, aiming to generate revenue of Rs 200 crore. Additionally, court fees and electricity duty for self-power generation have been increased. The budget […]
UP Budget 2024: Govt allocates Rs 100 core for Mahakumbh, funds for Ramayan research centre in Ayodhya
The Finance Minister said that Uttar Pradesh welcomed over 37.9 crore tourists from January to October 2023. Among them, 37.77 crore were Indian tourists, and 13.43 lakh were foreign tourists. Khanna mentions the successful organization of “Deepotsav” in Ayodhya, where a Guinness World Record was set by lighting 22 lakh 23 thousand lamps at Ram […]
Is BoI well-placed in terms of liquidity for growth opportunities? Rajneesh Karnatak answers
So, you are correct that the yield on advances has come down because of the simple reason that there is pressure on some corporate advances where the margins are thin.
Democracy, demographics and digitisation is propelling India’s long-term growth story: Ramesh Damani
Buffett often talks about what he called the ovarian lottery that he was lucky that he was born to white parents in America. I think this generation of Indians should feel very lucky that we are at the right place at the right time.
Uttar Pradesh FM Suresh Kumar Khanna presents record budget of Rs 7.46 lakh crore for FY 2024-25
Uttar Pradesh Finance Minister Suresh Kumar Khanna presented the budget for the financial year 2024-25 in the state assembly. The budget has an outlay of Rs 7.36 lakh crore, including new schemes worth Rs 24,863.57 crore. The total expenditure is estimated at Rs 7,36,437.71 crore, with a deficit of Rs 15,103.89 crore. Khanna also announced […]