Volumes to remain under pressure due to grammage reductions
Sales trajectory in domestic formulations and resolution of regulatory issues are other triggers
But a widening credit-deposit gap is a concern for lenders
Simpolo group said that it would aim to use the funds to increase the market share and grow penetration in the market, both domestic and international
Offer consists of fresh issue of 15.8 mn equity shares; bank is expected to raise Rs 832 crore at the upper end of the band; stock will start trading on Sept 15
Margin pressures may continue on competitive pressures, input cost inflation
Between 2011-12 and FY22, the market value of FPI holdings had increased at an annualised rate of 16.5 per cent in local currency terms and a modest 11.5 per cent in US dollar terms
Vertical witnesses 25% CAGR in 5 yrs
After declining for 2 consecutive months, equity assets under management of domestic mutual funds rose 10.3% month-on-month to Rs 15.2 lakh crore in July as market rebounded after 3 months of decline.
Even in adverse situations, Jhunjhunwala's optimism for India used to never falter, which led him to build such a huge empire
While Street is bullish on retail, Jio prospects, near-term O2C outlook led to cuts
ICICI Securities client growth moderated to 27.7 per cent to 450,000, while active customers rose only 5.3 per cent QoQ to 3.2 million
Original equipment manufacturer (OEM) lead time issues, which had worsened during the April-June quarter, rose four times as compared to the earlier 12-16 weeks.
Tata Consultancy Services is set to announce its June quarter earnings today. Find out what analysts expect from TCS results, and what could be the road ahead for the company.
It's a fresh issue-cum-OFS; Axis Capital, Motilal Oswal Investment Advisors and SBI Capital Markets are book running lead managers
SEBI allowed mutual funds to launch passively managed ELSS, though with a caveat that mutual funds can have either an actively-managed ELSS scheme or passively-managed one, but not in both categories
This could aid overall profitability, even though other segments may see margin moderation
Brokerage house Motilal Oswal Financial Services on Thursday reported a 35 per cent fall in net income at Rs 300 crore in the three months to March, even though its revenue grew by 21 per cent to Rs 1,100 crore. The company had posted a net income of Rs 461 crore in the year-ago period. For the full year, the company, which also has a home loan arm, reported a 33 per cent uptick in revenue at Rs 4,051 crore and earned a net income of Rs 1,310 crore, which is a growth of 4 per cent. All business continues to demonstrate stellar performance during the quarter and the full year, said managing director & chief executive Motilal Oswal. While capital market business profit grew 68 per cent year-on-year, assets and wealth management profit rose 31 per cent, led by 14 per cent growth in AMC, 116 per cent growth in wealth management, and private equity business net income grew by 46 per cent while housing finance business reported highest-ever profit, he added. Motilal said its cash-cow ..
Volumes to remain under pressure as rural demand continues to be weak
Growth in the quarter has largely come from store additions