VOLTAS added around 23% in open interest as long buildup was seen in it in previous session. Current chart pattern also indicates further up move..
The company reported standalone net profit of Rs 57.00 crore for the quarter ended September 30, 2019 as compared to Rs 34.00 crore in the same period last year, register..
The company reported standalone net profit of Rs 80.28 crore for the quarter ended September 30, 2019 as compared to Rs 53.77 crore in the same period last year, register..
Copra deflation saves the day
Marico disappointed on volume growth owing to rural slowdown. Hair oil category growth was sluggish in 2Q. Copra deflation and internati..
Uncertainty in volume growth a dampener; Downgrade to Neutral
* 2QFY20 consol. net sales declined 0.4% YoY to INR18.3b (v/s est. INR20b). Domestic revenue..
ECD drives growth
Crompton’s Q2 FY20 performance was subdued largely due to the underperformance in its lighting business. This segment reported a degrowth of 11..
Optimistic FY20 Outlook despite Challenging 2Q
We expect our Consumer sector coverage universe to record higher single-digit revenue growth in 2QFY20 led by mid-single..
Maintaining a steady course
We attended the annual analyst meet of Bharat Electronics (BEL). The broad contours of the revenue guidance are maintained, while the confi..
No triggers on the horizon
Voltas Analyst meet indicated cautious demand scenario post positive start to UCP in FY20 as continuing slowdown in the economy can negative..
STOCK IN FOCUS
* Crompton Greaves Consumer Electricals (CGCEL) is wellpositioned with a strong presence across fans, lighting, pumps and appliances in the domestic lig..
Strong 1Q; mid-to-long term growth prospects remain encouraging — restate LONG
OEL’s 1Q revenues came in at Rs 5.7bn, up by a strong 31% yoy on robust grow..
* Stock has given breakout from its rounding bottom formation with decent volume on daily chart
* On hourly chart stock also given small double bottom breakout hinting..
Accelya Solutions In Q4 net profit up 32.35% at Rs 24.71 cr
US dollar rises after Fed policy meeting
Rupee rises by 12 paise to Rs 69.05 against dollar
BSNL to offer more data, validity under select prepaid plans
Infosys signs agreement with U.S. IRS; sees lower tax rate
Parliament session: Tax, e-cigarette ordinances to be replaced
Sourcing from India to grow beyond $1 bn: Boeing India Chief
We will move forward on insurance PSUs merger: Finance Minister
Weak governance in PSBs resulting in high NPAs: Shaktikanta Das
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