Arnab Banerjee, MD & CEO, Ceat, says price hikes will continue because the pass-through to the tyres per se is inadequate if cumulative price hikes from April to August are taken. Ceat has been able to pass on maybe 4%, in barely a couple of categories, but in a large number of categories, they have … Read more
HSBC initiated coverage on Krishna Institute of Medical Sciences (KIMS) with a ‘buy’ rating while assigning ‘reduce’ rating to Global Health (Medanta) and Narayana Hrudayalaya. The brokerage has a ‘buy’ rating on Apollo Hospitals and Aster Healthcare. “We retain our positive view on the growth outlook for the hospital sector on intact structural drivers: An … Read more
“In North America, Revlimid is the key contributor and again, speciality drugs for Zydus Lifesciences that will keep on increasing EBITDA margins towards 29-30% and also in the valuation-wise Zydus Life is not trading at much higher valuations like Sun, therefore we feel that Zydus Life is also a second stock which can see good … Read more
Shares of Honasa Consumer, which owns Mamearth, rallied 7% in Friday’s session on BSE to the day’s high of Rs 447.70 after reporting a net profit of Rs 30.4 crore for the quarter ended March 2024 against a loss of Rs 161.7 crore in the last year quarter. Honasa clocked its highest-ever profit during the … Read more
Vishal Thakkar, Deputy CFO and Gopal Agrawal, CEO, Anupam Rasayan, in conversation with ET Now. Agrawal says: “Even in FY24, our EBITDA margins have been steady and that is precisely the reason where the nature of the contract with our customers has helped. While, one could see a little bit of a pressure overall, for … Read more
The TVS Motor stock is trading at 35 times its one-year forward earnings, compared with the long-term average of 28 times. Synopsis A better product mix and a judicious call on staying away from EV scooter discounting should fatten margins. The maker of Apache expanded its margins by 114 basis points on a year-on-year basis … Read more
Sun Pharmaceutical Industries. Share Price 1294.30 01:39 PM | 02 Jan 2024 33.71(2.67%) Divi’s Laboratories. Share Price 4017.05 01:39 PM | 02 Jan 2024 101.16(2.58%) Coal India. Share Price 391.85 01:39 PM | 02 Jan 2024 9.65(2.52%) Cipla. Share Price 1277.25 01:39 PM | 02 Jan 2024 26.25(2.09%) Oil And Natural Gas Corporation. Share Price … Read more
