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Don’t miss the latest developments in business and finance.
Home construction: Analysts bet on pipe makers; wary on tile, paint segment
The combined market size of the building material sector could touch Rs 2.7 trillion by FY26 from Rs 1.3 trillion in FY22
Near term margins may remain subdued for Astral, high valuation weighs
The company underperformed peers on the volume front in Q2, though margin impact was lower given value-added mix
Near term margins may remain subdued for plastic pipe maker Astral
It underperformed peers on the volume front in Q2, though margin impact was lower given value-added mix
Building material players take a demand, margin hit in June quarter
Slowdown in construction activity, high inventory levels and cost spike key negatives
Street signs: Indian markets still weak, volatility mars PSBs' QIP plans
Analysts say till the time the Nifty trades below its 50-day moving average (DMA) the trend could be weak
Strong rural demand cushions volume weakness for Supreme Industries
Expanding distribution reach, value added products to help revenues, margins
TN pipe traders seek time for implementation of EC-Tax project
Most traders are not familiar with the computer forms, designed by the government, for making submissions
