News Overview

Weak monsoons, unfavorable currency movements to impact performance.

Using analysts of IIFL Capital Services opportunity sizing framework, they forecast 1,400 Zudio stores by FY28 (vs 411 currently) in their base case.

Nestle has increased its rural reach, in terms of total villages covered from 68,578 in CY20 to 191,395 in H1CY23.

Subsidy per kg of nitrogen, phosphate, potash and sulphur has been cut by 38%, 49%, 84% and 33%, respectively for this Rabi season.

Firm GRMs could dilute marketing income sequentially.

Weak FDI but strong ECB flows and FII outflow after six consecutive months of the net inflow.

Proposals for these appointments must be submitted to the regulator within four months.

Petrol and Diesel prices in cities across India on 26-10-2023

Spot gold had increased 0.3% to $1,985.89 per ounce. At $1,996.30, U.S. gold futures saw a 0.1% increase.

The IPO comprised a fresh issue of 1.08 crore shares, aiming to raise Rs 545.4 crore.