News Overview

Dabur India Ltd. is one of India's biggest FMCG companies, with revenues of over ₹11,530 Crore and a market capitalization of over ₹96,500 Crore.

Investments towards the expansion of distribution footprint will continue for another two years, which would be offset by elimination of the operating leverage gap due to a better growth profile. As a result, margins should stay largely range-bound in the medium term, and HDFCLI is willing to reinvest for better growth. Analysts of IIFL Capital Services continue to believe that HDFCLI is a healthy compounding story and should be accumulated post corrections

Popular mobile games accessible on the platform include Asphalt 9, Modern Combat 5, Shadow Fight, Storm Blades, Riptide, etc.

Hero MotoCorp's total sales climbed 5.5% year on year in FY24 to 56.21 lakh units. It stated that it sold 53,28,546 units in 2022-23.

While the bank's deposits and advances grew steadily, the CASA (current account savings account) ratio fell slightly to 37.9%, down from 38.5% QoQ and 40.1% year-on-year.

In FY24, a total of 78 IPOs that listed helped raise ₹67,561 Crore.

In 2023, CTSH’s revenue declined by 0.4%, majorly due to a decline in BFSI revenues. However, the growth gap with Indian IT peers reduced in BFSI, North America and Europe. Analysts of IIFL Capital Services believe a stable CTSH can pose threat to Indian IT peers’ market share in future. Acquisitions contributed 110bps to the growth in CY23.

The decision to maintain status quo will keep the ongoing residential real estate sales momentum on course and unimpeded. Aspiring homebuyers eyeing a purchase will proceed with confidence.

Small caps may have ended the year on a volatile note, but they were still alpha champions.

The Centre had alleged in its 47-page case filed in the consumer court that Nestle had jeopardised millions of consumers' health and welfare in an attempt to increase profits.