IPM growth in low single digits for the first five months of FY23
* According to total sales data from IMS, IPM grew 9.7% yoy in Aug’22 vs. 8.4% yoy in Jul'2..
Commencing the electric UV journey with XUV400
* We attended M&M’s EV day, where the company re-iterated its future EV strategies. The recently showcased ele..
* August CPI inflation rose to 7%, led by food. Whereas, core inflation remained stable (6.20% YoY). Higher food inflation was led by irregular monsoon distribution and l..
The power generation in first two months of the second quarter of current financial year rose marginally by 1.5 per cent on-year due to heavy rainfall during these months..
India's double-digit annualised growth is impressive prima facie, but the actual print is around 2 per cent lower than market expectations and is also accompanied by ..
Mumbai: Emkay Investment Managers Ltd. (EIML), the asset management armof Emkay Global Financial Services Ltd. has announced the launch of Emkay Emerging Stars Series V. ..
Volume upcycle, market share gains to drive growth; Buy
* Q1 EBITDA grew by 8% qoq (3-yr CAGR: 19%) to Rs6bn, slightly above estimates. EBITDA margin has sustained aro..
Better realisation offsets higher costs
* Shree Cement Limited’s (Shree) standalone Q1FY23 EBITDA declined 19% YoY/10% QoQ to Rs8.2bn, in-line with our and conse..
SBILIFE reported an impressive all-round performance in Q1FY23 with both growth and margins surprising positively. In terms of overall APE growth ..
Monthly Update: Seasonal impact persists
* Our channel checks suggest that average pan-India cement prices fell 1-2% MoM (~Rs6/bag) and were up 1-2% YoY in Aug-22. Pri..
Best of both worlds
* NTPC’s board has accorded investment approval for Talcher Thermal Power Project Stage III (2x660MW) at an estimated cost of ~Rs118bn. This ..
Moderation in underlying industry growth outlook for CY23
* The demand outlook for CY22 provided by 23 global entities, including CV/PV OEMs, non-auto companies and in..
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
Fasting With Diabetes?
India give Jhulan Goswami a fitting farewell with 3-0 series win over England
Mithali, Ganguly lead tributes to Jhulan Goswami, say the pace bowler will be missed
Buy India Ltd For Target Rs.328 - ICICI Securities
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