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Normalisation of outperformance in FMCG Sector: IIFL Securities

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Moreover, analysts of IIFL Securities expect HUL volume growth to improve to ~7-8% vs ~3-4% currently in the next two quarters, which will spur the stock price.

• 28 September, 2023
• 10:38 AM
• less than a minute

Bank of Baroda on a buyer lookout for its New Zealand subsidiary

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BoB NZL, founded in 2008, was New Zealand's first Indian bank. It has two locations: Auckland and Wellington.

• 28 September, 2023
• 9:25 AM
• less than a minute

Aditya Birla Capital injects Rs 750 crore into AB Finance to fund growth plans

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Aditya Birla Capital received shares on a rights basis on Tuesday, according to the business.

• 27 September, 2023
• 12:00 PM
• less than a minute

KNR Constructions: Order wins critical now

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Margins should trend down, given the focus on growth and diversification into other states and sectors. Healthy balance sheet is a key positive.

• 26 September, 2023
• 11:53 AM
• less than a minute

Biogen’s Biosimilars – Cash Cow business, with declining growth trajectory

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Excluding deal-related amortization expenses, the Biogen Biosimilars deal could add 24% and 29% to Dr. Reddy’s FY24 revenue and profits on a pro-forma basis.

• 26 September, 2023
• 11:10 AM
• less than a minute

Standard Bank's Custody and Settlement Operations are to be transformed by TCS BaNCS for better...

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With USD 635 billion in assets under custody and administration, SBG runs the largest custody network in sub-Saharan Africa, leading the growth of the continent's capital markets.

• 25 September, 2023
• 1:30 PM
• less than a minute

Grasim Industries Navigates Challenges, Eyes Compliance and Growth

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Grasim Industries is taking necessary steps to comply with the order and expects no significant impact on profitability

• 25 September, 2023
• 1:04 PM
• less than a minute

NCC: Well placed for steady growth

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Backed by strong order wins over the past six quarters, NCC has seen its order book (OB) expanding to ~Rs646bn as on date (4.5x on trailing 12m revenue).

• 25 September, 2023
• 11:14 AM
• less than a minute

Bajaj Finance: Capital raise on high growth visibility

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f BAF were to raise Rs100bn, valuation at CMP would moderate by 10% to 5.0x (FY25) and leverage by 16% to 4.3x. BAF’s high profitability (~5% ROAs) will enable delivering sector-leading ROEs of ~23%, even at lower leverage.

• 25 September, 2023
• 10:58 AM
• less than a minute

Eight Stocks Face Trading Ban in NSE Futures & Options Segment on Sept 22

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This ban is due to these stocks exceeding 95% of the market-wide position limit (MWPL), as per NSE rules

• 22 September, 2023
• 10:03 AM
• less than a minute