Giving details about its Q3 performance, Marico said "Parachute coconut oil posted low single-digit volume growth after a visible recovery in December as consumer pricing stabilised with copra prices firming up in the off-season. Going forward, we expect the brand to deliver growth in line with medium term aspiration." It said that it expects modest [...]
The quarterly results season is set to start next week. The Q3 season will be kick-started by the Indian IT giant Tata Consultancy Services (TCS) followed by other IT giants. Ahead of these, multiplied analysts have given their take on how the companies must have performed in the quarter. Motilal Oswal expects Indian IT companies [...]
Market regulator, the Securities and Exchange Board of India (SEBI) gave a nod to reclassify the government’s holding in IDBI bank as ‘public’, after the divestment. Following the news, the bank’s shares shot up 9.04% by 12:00 PM on Friday’s trades to reach a high of ₹ 59.70 apiece on the National Stock Exchange (NSE) [...]
A company that has strong business tends to have robust fundamentals. These companies tend to survive even when they hit turmoil. Here are four fundamentally strong stocks to add to your watchlist for an upside of up to 52%: Jindal Steel & Power Limited The shares of Jindal Steel & Power were trading 3 per [...]
