Central banks, another major source of gold demand, increased purchases by 10% to 219.9 tons in the third quarter, the WGC estimated, based on reported purchases and its assessment of unreported buying.
Richard Green from RootstockLabs expects wider adoption of tokenisation among Web3, crypto-native, and traditional finance institutions. He believes more large asset managers, such as Franklin Templeton and Apollo, will continue to integrate tokenisation into their operations, following the lead of…
Motilal Oswal expects Cipla’s US sales to fall 12% from last year to $220 million, while Kotak estimates sales to decline 3% sequentially to $220 million. For the June quarter, Cipla had reported US sales of $226 million.
CLSA is of the view that the quality of growth shown by BHEL in Q2 was not good as it was led by non-cash forex maket-to-market gains, which was the key factor behind the growth in the September quarter.
Union Bank’s asset quality improved on a sequential basis. Gross NPA at the end of the September quarter stood at 3.29% from 3.52% in June, while Net NPA improved to 0.55% from 0.62% in June.
Sales strategy for the EV portfolio, demand outlook, and new product timelines are some key aspects that the street would want clarity from the Hyundai Motor India management.
All seven analysts who have coverage on shares of Sagility have “buy” ratings. Among these seven, IIFL has the highest price target of ₹70 on the stock.
The management said that Orkla India does not require fresh capital infusion, as it generates ₹300-400 crore in annual cash flow and carries no debt on its balance sheet.
Manish Sonthalia, Chief Investment Officer at Emkay Investment Managers, expressed caution on the ongoing wave of IPOs, noting that while many of them are strong companies, the current valuations—trading at 200–300 times earnings for 20–25% growth—leave limited room for investors…
Ixigo said its EBITDA adjusted for ESOP expenses rose to ₹28.5 crore, marking a 36% increase year-on-year.