To exit Bus operations; to focus on the high growth Goods Transport
* VRLL announced the sale of its Bus division for INR2.3b to Vijayanand Travels Pvt. (VTPL), an ent..
Building out the Retail franchise in the NBFC entity
Post demerger of the Pharma business, PIEL is now an NBFC with a simpler structure
* PIEL had fixed 1 st Sep&rs..
Daily market commentary 15 September 2022 by Mr. Siddhartha Khemka, Head - Retail Research, Motilal Oswal Financial Services Ltd.
Markets are becoming nervou..
Higher provisions impact profitability; receivables remain a key monitorable
* INDUSTOW saw an eventful 1QFY23, with a muted performance. Adjusted EBITDA fell 1% QoQ. ..
Strong yields, but sustainability is a concern
* INDIGO reported an in line adjusted loss at INR10.6b, led by better than estimated yield (at INR5.2), with an in line ..
India Inc’s profit pool – decadal analysis: a PAT on the back!
Profitable journey through the decade – a radical shift
* Post-contraction in FY21 ..
WPI inflation at an 11-month low of 12.4% YoY in Aug’22
Lower than our expectation
* Wholesale Price Index (WPI) based inflation came in at a 11-month low of ..
RM cost benefit to reflect from 3QFY23 ..
Valuations offer a cushion against macro concerns
Targets mid-teen margin by mid-FY24
ZENT remains cautious given the weakening demand, especially from Retail, Manu..
Daily market commentary 14 September 2022 by Mr. Siddhartha Khemka, Head - Retail Research, Motilal Oswal Financial Services Ltd.
Indian markets displayed st..
In line, margin to improve with a lag
? DABUR reported an in line 1QFY23 earnings. Despite indicating continued margin pressures in 2Q, the management aims to maintain..
To focus on growth, expand the e-commerce business
DMART hosted an analyst meet to discussing the ongoing market conditions, its new larger store strategy, remodeling ..
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
IIM Ahmedabad & ENAC France launch Advanced Management Programme for Professionals in Aviation and Aeronautics
Punjab to construct energy conservation building
Vishnu Kaushal discusses his character in `Feels Like Home 2`
Aishwarya Khare turns emotional seeing her family at awards event
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