Further hike in steel prices indicates strong demand
Domestic steel producers have raised HRC prices by INR1,000-2,000/t for Oct’20 deliveries. This is contrary..
Unified tariff proposed for developing national gas grid...
…further comments invited to determine tariff for zone one
* The Petroleum and Natural Gas Board..
PVC prices continue to hit record highs
PVC price uptrend continues unabated with another record hike of Rs6/kg, or 6%, w.e.f. 18th Nov’20. This is the fourth p..
IPM growth negative; expect strong FY22E
As per AIOCD, the India Pharma Market (IPM) reported yet another month pf decline with 2.2% drop in IPM sales primarily drive..
RBI report on private sector banks’ ownership
Market share gains to accelerate for private sector banks
We view the RBI’s Internal Working Group (IWG)..
China’s steel consumption remains strong
Steel trade data released by China suggests demand remains strong, with net steel exports declining to 10-yr lows in Sep..
Time to rightly price APM gas
* The govt’s move to set up a panel for recommending floor/remunerative APM gas pricing is a crucial step. If not for the latest up..
Rising Covid claims will increase H2FY21 health loss ratios
Rising Covid claims against the backdrop of normalisation in non-Covid claims is set to put health loss rat..
Encouraging inquiries across segments in seasonally weak month…
…inventory build-up for potentially strong festive season
* As per the Indian custom..
Aavin; key competitor of Hatsun losing market share
Takeaways from Aavin’s financials: (1) Its milk procurement has grown at CAGR of 6.1% vs 9.6% for Hatsun ove..
Slowing, as expected
Non-food credit growth slowed to 6% YoY, the slowest rate in the last three years. All segments saw lower YoY growth vs. July. We do not find this..
Supreme Court’s ‘interest on interest’ waiver case – drifting away from base case assumptions
Discussions, observations and interim order in t..
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
NCDEX Turmeric Future price has traded bearish during the month of November - Choice Broking
MCX Aluminium futures traded mixed to bullish during the month of November - Choice Broking
13000 finally a reality, banking propels the move By Sameet Chavan, Angel Broking
Buy Crude Oil Above 3250 SL BELOW 3200 TGT 3320/3350 - Axis Securities
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