To acquire RSPL’s B2B Express business for INR2.25b
* MAHLOG has entered into an agreement with Rivigo Services Pvt. (RSPL) to acquire the latter’s B2B Exp..
Improvement in asset quality on track
Aims to pare down GNPA/NNPA ratio to less than 9%/2.9% by FY23
We attended UNBK’s thematic investor day on asset quality..
Strong execution despite adversity
Bharat Forge (BHFC) has reported its Q1FY23 standalone earnings at Rs2.65bn (ISec: Rs2.4bn) with the beat mainly led by better than ..
Subdued margin performance continues…
About the stock: Ashoka Buildcon (ABL) is primarily engaged in the construction of roads and bridges having an integrated ..
New launches drive sales volumes
About the stock: Sobha Ltd (Sobha) is a leading real estate player with ongoing real estate projects with ~13.5 mn sq feet (msf) of un..
Premiumisation to drive earnings in medium term
About the stock: Radico Khaitan (earlier Rampur Distillery Company) is among the largest manufacturers of Indian made f..
Innovations, premiumisation to aid sales, margin
About the stock: Tata Consumer Products (TCPL) is one of the major FMCG companies present in tea, coffee & other b..
Volume-led market share gains in most of categories. Reiterate BUY
In India, a ‘growth market’, investors tend to (rightly) ignore short-term profit sacrif..
Much awaited merger with its subsidiaries a positive
Move aimed at simplification of the group’s corporate structure
* TATA announced the merger of seven of i..
T&D loss remains key for profitability of distribution franchisees
* In the past few years, CESC has secured the distribution franchisees (DF) for four states &nda..
One of the leading players in electric engineering industry in India
BBL primarily has two primary business segments: Power Systems that comprise Transformers and Proj..
Strategic objectives oriented towards stability, granularity, domain outperformance, sustainability
We expect IndusInd Bank (IIB) to further build on the 1.7% RoA and ..
Rupee weakens against US dollar on Thursday
Euro testing support as Ukraine crisis looms over growth
India rupee sees worst week in seven on new variant
Indian rupee weakens against US dollar on Monday
Currency Squeeze: Rupee expected to weaken further
Bharti Airtel hits new 52-week high on launching 5G telecom services in eight cities
Lava launches its 1st 5G phone, to be priced around Rs 10k
Midday Review: Sluggish trend continues on street
Escorts Kubota records 38.7% jump in September tractor sales
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