Madura To Demerge,Pantaloons To Remain with ABFRL 

Aditya Birla Fashion & Retail Ltd (ABFRL) announced the demerger of Madura Fashion and Lifestyle business into a separate listed entity on April 1st 2024 after stock exchange hours. Investors were thrilled with the vertical demerger news as the ABFRL stock price zoomed 10% on April 2nd, 2024. Madura and Pantaloons To Split Up and […]

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Indian Tyre Sector A Fix As Crude And Rubber Price Rise

Brent crude was $73 per barrel on December 13, 2023. The oil benchmark gained 20% by March 19, 2024. Geo-political tensions such as the recent Ukraine drone attack on Russian facilities and economic uncertainties have increased crude oil prices over the past few months. After touching $88 per barrel on March 19, 2024, Brent crude […]

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Page Industries waiting to bounce back soon

Page Industries stock price has fallen 20% over the past one year. Market leader of the Indian innerwear industry has reported negative revenue growth over the past three quarters.  Page Industries revenues fell 10.3% YoY to Rs 1,125 crore in Q2FY24 compared to Rs 1,255 crore in the same period previous year. The company reported […]

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Muthoot Finance stock price near 52-week high as gold prices rise

Muthoot Finance was established in 1887 and entered the gold loan business in 1939. According to the management, the main goal was to address the credit needs of the underserved segments of the country. Over the years, Muthoot Finance has emerged as India’s largest gold loan NBFC. The company provides access to credit for individuals […]

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Aarti Industries Sees Recovery In FY25, Signs New 9-year Agrochemical Contract

Aarti Industries Limited (AIL) is a leading Indian manufacturer of speciality chemicals and pharmaceuticals. The company has more than 100 products and more than 1,100 customers spread across the globe in 60 countries with major presence in USA, Europe, Japan. AIL manufactures speciality chemicals and intermediate for pharmaceuticals, agro chemicals, polymers, pigments, printing inks, dyes, […]

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