PVC price fall has reversed with an increase of Rs2/kg (or 3.1%) w.e.f. 18th May’20, after falling sharply by Rs11/kg, or 14.4%, since 1st Apr’20. The hike in..
In a series of press conferences in the past four days, after PM Narendra Modi’s announcement of Rs20trn stimulus, FM Nirmala Sitharaman has provided details of sev..
W.e.f. 4th May’20, the Ministry of Home Affairs (MHA) had extended the nationwide lockdown for a further period of two weeks based on the risk profiling of the dist..
On the right track; initiate with BUY
Sumitomo Chemicals (SCIL) has developed strong moats to leverage the growth potential in Indian agrochemical industry which grew ..
To benefit from a weak competitive landscape
TCI Express (TCIE) has reiterated its confidence on achieving high double digit volume growth (~8%) in FY21E, while improv..
Godrej Properties (GPL) clocked record quarterly gross sales bookings in Q4FY20 worth Rs23.8bn (up 10% YoY) and also clocked record annual bookings of Rs59.2bn in FY20 (u..
We continue to expect delayed revival of paints demand. Consumers are likely to avoid non - essential visit of painters at homes even after lockdown is over. Among the su..
The lockdown has drove huge growth in TV consumption (11% rise in reach and 36% viewership vs pre-lockdown), but its monetisation is unlikely. Advertisement revenue may h..
Prioritizing sectors for fiscal support: Agriculture, construction, manufacturing top the list
* Market is expecting more fiscal support: While India has imposed one o..
`Make virus your friend and move ahead`
Mr. Sandip Engineer, MD, Astral Poly Technik (ASTRA), in a recent webinar on ‘Challenges and Opportunities for the buildi..
The Directorate General of Trade Remedies vide notification no. F.No.6/13/2020 and case no. ADD-OI-11/2020 has finally initiated the anti-dumping duty investigation conce..
Worse than feared but priced-in
In our recent update on Cyient (read here), we had expected revenues (USD) and EBIT (INR) to decline by 15% and 40% respectively from Q..
Rupee falls 10 paise to 73.94 against US dollar in early trade
Rate decision, US stimulus likely constraints to rupee's further appreciation
NCLT approves sale of IL&FS education arm to LEHL
Hyundai Motor India adds new Board members
Vodafone Idea board to mull raising funds post AGR verdict
Shell increases dividend after beating third-quarter forecasts
Catering group Sodexo in talks on job cuts, sees further sales hit
government streamlines patent rules to promote ease of doing business
ECB to signal more stimulus as second-wave recession fears grow
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