Quarterly updates of companies have started pouring in for September Quarter 2023. Godrej Consumer Products Ltd (GCPL) released its quarterly update on October 5, last week. According to GCPL’s Q2FY24 update, the operating environment was tough amid weak macros and adverse weather conditions. High food prices and monsoon deficit has not only hit rural India […]
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Aarti Industries is a leading manufacturer of specialty chemicals and pharmaceuticals in India. The company manufactures chemicals used in the downstream manufacturing of pharmaceuticals, agrochemicals, polymers, additives, surfactants, pigments and dyes. Aarti Industries specializes in benzene-based derivatives. The company’s key value chains include nitro-chloro benzenes, di-chlorobenzenes, phenylenediamines, nitro toluene value chain and sulphuric acid. Muted […]
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Metro Brands reported stable June Quarter 2023 numbers. The company is one of the largest Indian footwear & accessories specialty retailers. Metro Brands is one of the leading aspirational Indian brands in the Indian footwear industry. The company manufactures footwear and other accessories for the entire family with focus on mid and premium segments. As […]
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Kalyan Jewellers Kalyan Jewellers stock price is up 126% over the past one year. Kalyan Jewellers is one the largest jewellery retailers in India with a presence in the Middle East. The company offers an array of traditional and contemporary jewellery designs in gold, diamonds and precious stones catering to the distinct needs of the […]
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Torrent Pharma, flagship company of the Torrent Group, is ranked 6th in the Indian pharmaceuticals market in India. Torrent Pharma stock price has gained 25% over the past one year. The company has presence in the therapeutics segments of cardiovascular, gastro intestinal, central nervous system CNS, vitamins minerals nutritional (VMN) and cosmo-dermatology. It is a […]
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SRF – Q1FY24 update SRF is a chemical based multi business entity engaged in the manufacturing of industrial and specialty intermediates. The company’s diversified business portfolio covers fluorochemicals, specialty chemicals, packaging films, technical textiles, coated and laminated fabrics. SRF has four major business segments, specialty chemicals, fluorochemicals, technical textiles and packaging films. Muted June Quarter […]
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Nifty FMCG rose 0.26% over the past one month, lowest among all the Nifty sectoral indices. High retail inflation and erratic monsoon this year are the significant contributors to the woes of the Indian fast moving consumer goods (FMCG) sector. Inflation trajectory and rainfall pattern and distribution influences rural FMCG revenue contribution in India. Rural […]
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Floods in June-July and then the driest August over the past one decade. Monsoon this year has been erratic, patchy, uneven and unpredictable. The El Nino factor took hold of Indian monsoons in August and on the whole, there is nearly 10-12% rainfall deficiency in 2023. With this backdrop, auto retail volume growth over the […]
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PVR Inox reported lackluster June Quarter 2023 results due to weak movie content and lower occupancy. Occupancy fell to 22.4% in Q1FY24 compared to 31.4% in the same period previous. Lower occupancy led to revenues falling 17% YoY in Q1FY24 to Rs 1,324 crore of the combined entity adjusted for the pro forma numbers (combined […]
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Titan, India’s leading consumer lifestyle company reported stable June Quarter 2023 results. Revenue from operations came in at Rs 11,897 crore, a rise of 26% YoY. But what concerned investors was low operating margins reported at 9.5%, a fall of 320 basis points (bps) YoY in Q1FY24. Margins were impacted by volatility of gold prices […]
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