profitability

Fund Manager Talk | Zomato’s turnaround inspiring confidence in other new-age stocks: Arvind Kothari

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Fund Manager Talk | Zomato’s turnaround inspiring confidence in other new-age stocks: Arvind Kothari

Zomato’s success in turning around its financials and its strategic growth initiatives have inspired confidence in the potential of other startups, says Arvind Kothari, smallcase Manager & Founder at Niveshaay.“Additionally, their ability to adapt to market demands, leverage technology, and scale efficiently has further solidified their appeal,” he says when asked to comment on Dalal … Read more

oil marketing companies: OMCs well placed as there is growth potential in new avenues and a surety of existing cash: MK Surana

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oil marketing companies: OMCs well placed as there is growth potential in new avenues and a surety of existing cash: MK Surana

MK Surana, Former CMD, HPCL, says crude below $80 and the cracks at $13 for HSD and $11 for MS, make OMCs well placed on overall setup. Also, many of these OMCs are going on a new path. OMCs are in a stage where there is a growth potential with a surety of the existing … Read more

India Inc: Key takeaways from Q1 results season

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India Inc: Key takeaways from Q1 results season

As we conclude the Q1FY25 earnings season, a detailed analysis indicates a steady landscape with subdued topline growth. The Bank and Auto stocks within the Nifty 50 demonstrated noteworthy performance by exceeding the Nifty 50’s overall sales growth. However, the underperformance of the Infrastructure, Pharmaceuticals, and Metal stocks within Nifty 50 tempered the earnings growth … Read more

Nazara Tech Q1 results | Nazara Tech Share price: Long-term, Nazara should continue to see healthier margins and faster growth: Nitish Mittersain

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Nazara Tech Q1 results | Nazara Tech Share price: Long-term, Nazara should continue to see healthier margins and faster growth: Nitish Mittersain

Nitish Mittersain, Joint MD & CEO, Nazara Technologies, says the company is always trying to get the right balance between profitability and growth. In the current quarters, certain businesses that allowed us to spend more in terms of user acquisition so that we can drive faster growth and this is profitable spending. This is not … Read more

SBI Q1 result | SBI share price: SBI will grow but not at the cost of profitability; aspires to generate Rs 1 trillion PAT: Dinesh Kumar Khara

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SBI Q1 result | SBI share price: SBI will grow but not at the cost of profitability; aspires to generate Rs 1 trillion PAT: Dinesh Kumar Khara

Dinesh Kumar Khara, Chairman, SBI, says the bank has to balance the interests of multiple stakeholders and the shareholders are very important stakeholders. The bank has to create value for them and that is the reason SBI always wants to grow but not at the cost of profitability. Khara says his ambition was to see … Read more

FMCG companies pack a punch to defend any downturn

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FMCG companies pack a punch to defend any downturn

The five fast-moving consumer goods (FMCG) stocks in the Nifty 50 index — HUL, ITC, Nestle India, Tata Consumer Products and Britannia — are trading close to their 52-week highs. These stocks together have an 8.7% share in the benchmark index. They have varyingly gained over the past one year when compared with the benchmark … Read more

Paint companies sparkle on price rise, but ‘gains could be short-lived’

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Paint companies sparkle on price rise, but ‘gains could be short-lived’

Shares of paint manufacturers gained Wednesday on news reports that some companies have raised product prices, but analysts warn these upsides will be short-lived as the sector faces pressure on profitability. Indigo Paints soared 10.7%, Asian Paints gained 3.3%, Kansai Nerolac rose 3.4% and Berger Paints moved up 2.5%. “The uptick in the paint stocks … Read more

Building up a stake in HDFC Bank could bring a windfall

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Building up a stake in HDFC Bank could bring a windfall

Investors looking for safer bets on Dalal Street could consider HDFC Bank but they would be better off putting money in the stock in installments over the next few months. This is because the stock, despite cheaper valuations compared to its historical levels, could linger at these levels in the absence of visible triggers, said … Read more

car loans: SBI changes gears, links car dealer commissions to their performance

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car loans: SBI changes gears, links car dealer commissions to their performance

In a first for the bank, State Bank of India, the country’s largest lender, is set to link the commission it pays to car dealers, for sourcing loans, to sales as opposed to the current practice of paying them a fixed percentage as a commission, according to a bank’s internal circular, assessed by ET. The … Read more

Delhivery: Brokerages bearish on Delhivery post Q4 nos, shares plunge 10%

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Delhivery: Brokerages bearish on Delhivery post Q4 nos, shares plunge 10%

Mumbai: Shares of logistics solutions provider Delhivery tumbled over 10% on Tuesday after the company’s fourth-quarter results prompted some brokerages, including CLSA, to cut their price targets on the stock. The price targets after the March quarter results imply a 15-74% upside in the stock from Tuesday’s closing price of ₹390. CLSA downgraded its rating … Read more