Overall, analysts described the Gravita India quarter as largely in line with estimates, with robust profitability in the core lead business offsetting the lower-margin contribution from copper.
The home care business contributed to nearly 39% of Hindustan Unilever’s overall topline during the June quarter.
Management said the company has adopted a balanced pricing strategy to ensure the impact of price increases on consumers is phased over time.
Hindustan Unilever’s tax expenses at the end of the June quarter stood at ₹939 crore, compared to ₹485 crore during the same quarter last year. The higher tax expenses impacted the company’s bottomline during the quarter.
William Lee, Chief Economist and Managing Director at Global Economic Advisors explains why AI applications could create the next market winners, why ASML’s competitive threat from China isn’t immediate, why investors should look beyond semiconductor stocks, and why rising debt-funded…
On Monday, L&T won a “major” order in the ₹5,000 crore to ₹10,000 crore range, while on Friday it won a “large” order in the ₹2,500 crore to ₹5,000 crore range. Last week on Monday it won a “mega” order…
For Coal India, Citi believes upside to e-auction prices could remain limited due to elevated coal inventories and flagged the upcoming wage revision in July 2027 as a potential cost headwind.
Aurionpro Solutions revenue conversion remained modestly below normal trajectory expectations. Factors impacting earning seasonality included raising input costs due to supply chain disruptions, timing shifts in a few projects and geopolitical disruptions in the Middle East and Africa (MEA).
SK Hynix shares dropped as much as 13% during the session, extending their decline to roughly 45% from the record high touched in June. The selloff has erased around $570 billion in market value over the past few weeks
Asian stocks fell sharply on AI spending worries, chipmaker sell-off, and falling oil prices. Kospi plunged 7.89%, Nikkei fell 3.86%. US chipmakers also dropped.