Page Industries, Lux Industries and Rupa & Company stock prices are at their 52-week low. Dollar Industries stock price has fallen 42% from its 52-week high. With poor December 2022 Quarter performance, stock prices of men, women & kids innerwear companies of the Indian listed space have fallen considerably. In fact FY23 has been tough […]
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Varun Beverages stock price has more than doubled over the past one year. Strong volumes, robust margins and consistent growth in revenues and profitability has stirred a strong investor interest in Varun Beverages Ltd (VBL). While the Indian fast moving consumer goods (FMCG) sector reels under lower volume growth rate, VBL’s volumes are growing in […]
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Tech Mahindra stock price soars 10%, TCS sulks The week started with Oscars and ended with Rajesh Gopinathan’s surprise resignation. Oscar win was anticipated, TCS CEO hanging up his boots four years before schedule was not. TCS stock price was down 2% by the end of the day. The underperformance of TCS compared to Infosys […]
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Federation of Auto Dealers Association (FADA) released strong auto retail numbers in all five auto segments for February 2023. Manish Raj Singhania, FADA President, said, “February 23 continued to witness double digit growth of 16% YoY but was still down by 8%, when compared to pre-covid month of February 20”. All auto segments reported strong […]
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Bata India’s stock price has fallen nearly 30% since April last year. Bata India, an iconic Indian footwear behemoth is facing headwinds in its core value segment impacted by inflation and GST. As consumer preference shifts towards sneakerization, athleisure and casual premium footwear, will Bata be able to maintain its supremacy amid high competitive intensity. […]
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