Heidelberg Cement's management expects a 10-11% decline in volumes as it shifts its focus towards premiumisationThe management expects realisations to increase by Rs100 per tonne on a sequential basis in the December quarter
1 min read27 Oct 2020Improving labour availability and festival demand from individual home building segment are aiding growth
1 min read14 Oct 2020The major setback for FIIs was the introduction of an additional surcharge on FPIs in the budgetIn the three months ended September, FIIs sold Indian shares worth $3.17 billion
2 min read25 Nov 2019There is unlikely to be any show of strength when companies announce results for the seasonally strong Q2. Organic growth is estimated at 2.4% sequentially for the top four IT firms, almost the same as the growth in Q1. Year-on-year revenue growth of industry leader Tata Consultancy Services Ltd (TCS) is expected to fall to single-digit levels, after four consecutive quarters of double-digit growth. Indian IT companies have been sounding cautious about tech spending in the banking and financial services (BFS) vertical.
10 Oct 2019Liquidity crunch, muted consumer sentiment have added to woes of Indian companiesSofter crude price is expected to aid gross margin expansion at some companies
3 min read6 Oct 2019It seems investors are appeased by DLF's debt cuts and robust traction in the commercial lease rental segment
2 min read17 Dec 2018Aggregate raw material cost of 119 companies in BSE 200 index in the September quarter rose 16.83% to highest in 17 quarters
2 min read21 Nov 2018Fund outflow from India-focused offshore funds and exchange-traded funds (ETFs) narrowed to $1.8 billion in July-September this year against net withdrawal of $2.2 billion in the previous quarter
1 min read19 Nov 2018Although Shree Cement continues to trade at a premium to ACC Ltd, Ambuja Cements and UltraTech Cement, the company's performance is expected to remain challenging
1 min read19 Nov 2018Walmart reported stronger-than-expected sales in September quarter and boosted its full-year outlook, but Binny Bansal's resignation from Indian unit Flipkart brought unwanted attention
1 min read16 Nov 2018The Union Budget contains details about the estimated receipts and the expenditure of the government for a particular fiscal year. The Budget is allotted for the upcoming fiscal year, which runs from 1st April to 31st March of the next year. Here is a quick guide on how the Union Budget is prepared