Posts in category Economic Times
Q1 and Q2 will see close to double-digit volume growth for Britannia: Abneesh Roy (06-05-2024)
Abneesh Roy from Nuvama Institutional Equities discusses Britannia's positive growth outlook despite local competition and tech disruption, while also reflecting on challenges faced by Titan in the jewelry segment and eyewear business.
Rupee ends weaker pressured by oil cos’ dollar buys, forward premiums inch up (06-05-2024)
The Indian rupee ended lower on Monday as dollar demand from local oil companies and other importers, pressured the local currency even as most of its Asian peers gained.
Marico Q4 Results: Consolidated PAT rises 5% YoY to Rs 320 crore (06-05-2024)
Marico Q4 Results: Marico reported a 5% YoY rise in Q4 net profit to Rs 320 crore. Revenue increased by 1.7% to Rs 2,278 crore. Full-year net profit grew 16% YoY to Rs 1,502 crore. Standalone PAT was at Rs 229 crore.
Navigating economic horizons: RBI’s role in FY 2024-2025 (06-05-2024)
RBI's nuanced approach in FY 2024-2025 balances growth, inflation, and stability. Expect cautious yet proactive policy rates. Strategic reserves, global index inclusion, and fiscal discipline shape India's economic landscape.
Ajanta Pharma’s Rs 285 crore share buyback can yield up to 6% return for retail investors (06-05-2024)
Ajanta Pharma has fixed May 30 as the record date for its buyback of 0.82% of the aggregate paid-up share capital of the company at Rs 2,770 per share. The pharma stock was trading at Rs 2,399.55, up 1% on BSE around 1:30 pm on Monday.
What RBI proposal for tighter project finance rules will mean for REC, PFC? (06-05-2024)
Anil Gupta of ICRA discusses the implications of RBI's proposal for tighter project finance rules, focusing on provision requirements for projects seeking DCCO extension. The impact on lender balance sheets, credit flow, and specific sectors like REC and PFC is examined.
Unity Small Finance Bank Q4 Results: PAT at Rs 143 crore; NII rises 55% YoY (06-05-2024)
The bank, promoted by Centrum Financial Services, said its net interest margin was at 10.8%. Its operating profit soared nearly four-fold at Rs 147 crore against Rs 37 crore in the year-ago quarter.
Energy Mission Machineries IPO to open on May 9; price band at Rs 131-138 per share (06-05-2024)
The public offer is entirely a fresh issue of 29.82 lakh Equity shares of Rs 10 face value and no Offer for Sale component, according to the red herring prospectus (RHP).
FirstCry’s parent firm Brainbees Solutions re-files IPO papers; issue size remains unchanged (06-05-2024)
May 6 Brainbees Solutions Ltd, the parent firm of online e-commerce platform FirstCry, has re-filed preliminary papers with Sebi to raise funds through an initial public offering, an update with the markets regulator showed on Monday.
Here are the top sectoral preferences of D-Street’s market mavens (06-05-2024)
Top sectoral preferences of India's top stock market investors