Uncertainty over the general election is keeping foreign investments away, Nomura says.
Ujjivan Small Finance Bank plans to open about 100 branches in the near future.
Goods and Services Tax has given a good impetus to us, VIP Industries’ Chairman Dilip Piramal said.
The liquor giant is also looking to “gear up” to meet rising consumer demand in the coming financial year.
The monsoon was below normal last year after two successive years of normal rains.
The quashing of input tax credit would pressure margin and pricing, Mahindra Lifespace Developers’ MD Sangeeta Prasad said.
The project, which will be completed in two years, would help the company make an internal rate of return of around 15-16 percent.
Higher minimum support price will help stabilise margins despite a large surplus, says Shree Renuka Sugars’ Narendra Murkumbi.
A double-digit earnings improvement could still be seen for the broader market, says JM Financial.
The board of Jet Airways has agreed to give lenders a majority stake as part of a provisional resolution plan.
Rising costs continue to hurt Jet Airways.
Concor is confident of achieving its 12 percent volume growth guidance for the ongoing financial year.
Jindal Steel and Power Ltd. sees demand rising from January-end thanks to easing liquidity and forex support.
Here are the stocks moving the market in today’s trade.
The drug maker is also working on bringing down its working capital.
Narayanan noted that Sun TV is banking on digitalisation and the age of smartphones to drive growth in the coming quarters.
The hospital chain opened close to 14 new hospitals in the last four years.
The airline reported a net profit of Rs 55 crore in the three-month period.
Blue Star Ltd. expects hot summers to boost its sales.
Britannia expects higher spending capability to drive consumption growth during the election year.
Grasim Industries’ Q3 net profit rose 28 percent year-on-year to Rs 608 crore.