Broker’s call: Titan Co (Outperform)
Target: ₹3,880 CMP: ₹3,177.50 Titan Company’s Q2-FY25 y-o-y sales growth and commentary on Q3 growth were strong. However, jewellery margins
Continue reading
Fertilizer sales hold steady as imports fall, production up 2% in H1
The government has successfully maintained fertilizer sales at the same level as last year during the first six months of
Continue reading
Change in stance doesn’t mean that the next step is a rate cut in the very next meeting: RBI Guv Das
Reserve Bank of India Governor Shaktikanta Das on Wednesday said a change in stance doesn’t mean that the next step
Continue reading
ISMA pegs India’s 2024-25 sugar production at 33.3 million tonnes
The Indian Sugar and Bio-Energy Manufacturers Association (ISMA) has released its first estimate for 2024-25 season (October-September), according to which
Continue reading
Promoters and PE investors ramp up sell-downs in Indian stocks, doubling deal value to $67 billion in 2024
The relentless selling by foreign portfolio investors in Indian equities has not deterred promoters, private equity investors and other investors
Continue reading
Rupee hit a new low
The Rupee hit a new low, closing at 83.28 per Dollar on Wednesday, as the greenback gained strength against global
Continue reading
India-US farm trade to get a boost with Trump’s comeback
India’s farm trade with the United States is set to advance with Donald Trump winning the presidential elections. Trade experts
Continue reading
Rupee falls 21 paise to all-time low of 84.30 against US dollar
The rupee depreciated 21 paise to an all-time low of 84.30 (provisional) against the US dollar on Wednesday, as the
Continue reading
Broker’s call: Dr Reddy’s Lab (Hold)
Target: ₹1,449 CMP: ₹1,303 Dr Reddy’s quarterly earnings were above our expectations on the revenue front but lower on earnings.
Continue reading
IFC invests $400 million in Bajaj Finance, aiming to quadruple climate loans by 2027
The International Finance Corporation (IFC), a member of the World Bank Group, will provide a $400 million loan to Bajaj
Continue reading