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Auto sector: All eyes on the upcoming festive season

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As analysts of IIFL Securities have highlighted previously, PV wholesales have been much higher than retails in the past 6-8 months, leading to significant inventory build-up.

• 04 October, 2023
• 10:18 AM
• less than a minute

CIL Coal Supplies to Power Sector, Non-Power Sector Increase Sharply in H1 FY24

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According to a statement from Coal India Ltd (CIL), the total volume of coal delivered was 1.8 MT more than the 293 MT demand anticipated for this time period.

• 03 October, 2023
• 12:59 PM
• less than a minute

Fertilizers: Headwinds cropping up

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Although the industry will be compelled to take price hikes, analysts of IIFL Securities believe the govt will restrict it; given that the elections are looming in some states in the coming months.

• 29 September, 2023
• 1:02 PM
• less than a minute

CVs: Growth tapering, discounts returning in auto sector: IIFL Securities

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Analysts of IIFL Securities perceived a risk to the sustainability of low discounts, if any of the larger players lost market share.

• 29 September, 2023
• 12:36 PM
• less than a minute

Demand remains muted; FY24 guidance soft in Indian IT sector: IIFL Securities

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Analysts of IIFL Securities believe ACN’s Q4 results and soft FY24 organic growth outlook of 0-3% CC YoY, combined with the sharp decline in Managed Services bookings highlight the lack of tailwinds in the near-term demand environment.

• 29 September, 2023
• 11:05 AM
• less than a minute

Study of passive equity flows in India: IIFL Securities

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New schemes launches, steady increase in assets and money coming into passive schemes highlights the growing attractiveness and popularity of passive investing in India.

• 29 September, 2023
• 10:34 AM
• less than a minute

NMDC: Healthy volumes; near term price support

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Analysts of IIFL Securities see incremental demand support from Nagarnar steel plant ramp-up and commissioning of JSTL’s M5tpa Vijaynagar expansion by end FY24.

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

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

Zee dispute: SAT holds Punit Goenka's appeal of the SEBI ban

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Goenka was represented by senior attorney Abhishek Manu Singhvi, and the Securities Exchange Board of India (SEBI) was represented by senior attorney Darius Khambata.

• 27 September, 2023
• 3:39 PM
• less than a minute

Aditya Birla Fashion completes purchase of 51% stake in TCNS Clothing, becomes promoter

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A 51% stake in TCNS Clothing has been acquired by Aditya Birla Fashion Retail Ltd (ABFRL), making it a promoter of the women's clothing company.

• 27 September, 2023
• 2:36 PM
• less than a minute