FMCG margins under pressure as crude rises, price hikes likely: Nuvama
Nuvama Institutional Equities’ Executive Director Abneesh Roy says crude-led inflation in paints, edible oils, detergents and snacks, could force FMCG firms to raise prices by…
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Mankind Pharma shares gain 3% on acquiring Rivotril brand from Roche for Indian market
Mankind Pharma Ltd shares surged nearly 3% after acquiring the Rivotril brand from Roche for the Indian market, strengthening its presence in CNS therapies. The…
Auto, housing demand support NBFC growth; correction offers buying opportunity: Deven Choksey
The MD of DRChoksey Finserv also prefers auto ancillary players and sees value emerging in premium housing-led real estate companies, with strong project visibility over…
Godrej Properties buys 20-acre Bengaluru land with ₹1,350 crore revenue potential
Godrej Properties shares rose nearly 2% after acquiring 20 acres in Bengaluru for a premium residential project with an estimated revenue potential of ₹1,350 crore.
Don’t track just Brent; real oil stress much higher, says Arvind Sanger
The Managing Partner of Geosphere Capital Management warns that focusing only on Brent understates the energy shock, with fuel products and fertilisers driving sharper inflation…
Swan Defence shares in 5% lower circuit as OFS opens today for non-retail investors
Promoter Hazel Infra Ltd. plans to divest a 5.01% stake through an OFS on March 18 and 19 to meet minimum public shareholding norms.
Vallum Capital explains why commodity inflows plunged in Feb despite strong returns
Net inflows into commodities fell sharply in February, dropping to ₹73,842 crore from ₹1.64 lakh crore in January. Equity inflows declined 19% to ₹42,017 crore.
Rupee edges lower against dollar amid oil strength, equity outflows
The Indian rupee opened at 92.42 per US dollar on March 18, weakening by 5 paise from the previous close. Persistent pressure from higher crude…
Persistent Systems, Coforge are CLSA’s top IT sector picks for up to 78% upside
Based on discussions with TCS, Infosys, HCL Technologies, and Wipro ahead of the silent period, the brokerage said it found no evidence of increased pricing…
DEE Development Engineers shares fall 10% after West Asia war impacts export orders
DEE Development Engineers said that the these developments are expected to have a limited bearing on DEE’s overall performance for the current period.