The West Asia conflict and the risk of an oil supply shock could weigh on India’s financial sector, as higher oil prices that typically boost credit demand may this time hurt production and weaken cash flows. Jefferies warns that large…
L&T’s order book exposure to West Asia is 37% and it is 33% to order inflows in the first nine months of the ongoing fiscal, as per brokerage firm JM Financial.
Brokerage firm Morgan Stanley in a note wrote that thermal coal-based power generation could take incremental load due to the surge in power demand and that such a move would support a smoother ramp-up in thermal coal power.
WhiteOak Capital advises sticking to a pre-defined asset allocation during geopolitical crises, based on financial goals and risk tolerance, and rebalancing when needed.
Raymond Realty Ltd launched Ten X District 9 in Thane, a residential project with an estimated revenue of ₹2,000 crore. Shares rose 0.93% to ₹395.50.
None of the 29 analysts covering Varun Beverages have a “sell” rating on the stock. 26 of those have a “buy” rating and the other three have a “hold” rating. The consensus estimate of price targets implies a potential upside…
Export consignments to the Middle East have also been impacted. To manage the situation, the company said it is re-routing shipments and putting in place alternate logistics arrangements.
Stocks like Enviro Infra, Shakti Pumps, EMS, and their peers have been in focus since Wednesday, after the Union Cabinet extended the duration of the Jal Jeevan Mission till 2028, and also increased the allocation towards the scheme.
Equirus Securities expects room air conditioner volumes to grow around 20% this calendar year. Manoj Gori, Associate Director – Equity Research said AC prices are already up about 7–8% due to currency depreciation and raw material costs.
Morgan Stanley expects thermal coal-based generation to shoulder a larger share of incremental demand. The shift could also lead to higher solar curtailment in certain regions, allowing thermal plants to ramp up output more smoothly.