V2 Retail stock price has risen nearly six times over the past one year. V2 Retail is a leading fashion and lifestyle retail chain in India catering to the needs and preferences of fashion-conscious customers at affordable prices for over a decade. The company caters to men, women, and children, offering a variety of clothing, […]
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Eicher Motors motorcycle wholesale volumes (71,010 units) fell 8% YoY in May 2024. Motorcycle volume sales in upto 350cc capacity category fell 13% YoY, constituting 84% of total volumes. Above 350 cc capacity category volume sales jumped 32% YoY in May 2024. Eicher Motors, maker of iconic Royal Enfield motorcycles launched Shotgun 650, Super Meteor […]
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Trent stock price has trebled over the past one year, currently, at Rs 4,500 levels. The company operates through a portfolio of retail concepts, Westside, Zudio and Trent Hypermarket (Star grocery stores). Westside, Trent’s flagship format offers apparel, footwear and accessories for men, women and children, along with furnishings, decor and a range of home […]
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The UK and the USA are natural allies, but even with the same 2% inflation rate objective, divergent paths might be taken by their respective Central Banks. UK’s consumer prices index (CPI) rose by 2.3% in April 2024, down from 3.2% in March 2024. Lower inflation rate was mainly supported by falling electricity, gas and […]
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The shift of the auspicious Navratri to April instead of March last year led to strong growth in the auto retail sector in April 2024. The 2-wheeler segment with 33% YoY retail volume sales growth was the major contributor to overall retail auto growth. The 2-wheeler segment contributed 74% to total auto retail mix in […]
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After disappointing the street with its Q4FY24 quarterly update, there was some relief for Dabur investors as March Quarter 2024 results came out. As indicated earlier in the quarterly update, revenue grew in mid-single digits and international business registered double-digit growth in constant currency (cc) terms. Dabur India’s product verticals, home & personal care (HPC), […]
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RBI Monetary Policy Committee is scheduled to meet on 5-7 June 2024. The European Central Bank (ECB) meeting is scheduled to meet on June 6. Both Central Banks will decide whether to hold interest rates or start their interest rate cut exercise before the US Federal Reserve bites the bullet. Both India and the European […]
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Bajaj Pulsar is a Rs 9,000 crore brand. Even after more than two decades, Pulsar mania is still gaining strength every year. Bajaj Auto is launching six new models in H1FY25 and its biggest Pulsar NS400Z was launched recently on May 3rd. Apart from Triumph Twins and Dominar 400 giving competition to Eicher Motors in […]
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A whiplash from Reserve Bank of India (RBI) led to a 10% fall in Kotak Mahindra Bank stock price. The Central Bank issued a press release dated April 24, 2024 directing Kotak Mahindra Bank “to cease and desist, with immediate effect, from onboarding of new customers through its online and mobile banking channels and issuing […]
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Bata India Ltd, European footwear giant and India’s most trusted Indian footwear brand reported lackluster December Quarter 2023. Revenue was stagnant and came in at Rs 9,034 million in Q3FY24 compared to Rs 9,002 million same period previous year. Earnings before depreciation, interest, tax and amortization (EBDITA) margin was reported at 21.3% in Q3FY24 compared to 23.7% in the same period previous […]
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