Shares of most staples companies in India, from HUL, to Nestle India to ITC, or even Avenue Supermarts, have corrected between 20% to 30% from their peak so far.
CLSA wrote in its note that a steep correction in Bajaj Auto's stock price, coupled with growth in its electric two-wheeler ...
Bajaj Auto's share has fallen consecutively for four consecutive months (including January till date). From its September close, it is trading 29% down.
Looking ahead, Novelis management expects a recovery in the fourth quarter, forecasting an EBITDA per tonne rebound to $480–$490, mirroring the levels achieved in the second quarter.
"Worries of a continuation of earnings moderation in the December quarter and signals of fewer rate cuts in the U.S. in 2025 ...
Reliance Jio targets one million monthly AirFiber additions to boost 5G monetisation, with ARPU growth and subscriber ...
Shares of Anand Rathi Wealth surged as much as 8 percent in early trade on January 9 after the company announced plans to consider a proposal for the issue of bonus shares. The company's board ...