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Likely UK plant closure a positive for Ashok Leyland. High promoter pledge isn't.

New Delhi, March 27 -- Ashok Leyland Ltd's step-down e-bus subsidiary Switch Mobility Ltd (Switch UK), is cutting its losses. Post market hours on Wednesday, Ashok Leyland announced that the board of ... Read More


Is the cement sector consolidation at its fag end?

New Delhi, March 26 -- After the Adani Group's entry into the cement sector in 2022, the industry has been undergoing a phase of consolidation. Big cement companies want to get bigger amid the intense... Read More


FMCG stocks are usually a good defensive bet. So why are they underperforming now?

New Delhi, March 24 -- The fast-moving consumer goods (FMCG) sector is usually touted as a defensive play, given its non-cyclical nature as these companies sell essential goods. Small wonder then that... Read More


Robust demand for office spaces to give occupancies a leg-up

New Delhi, March 18 -- Grade-A office spaces are seeing a drop in vacancy levels, along with improving occupancies, as the leasing trajectory is likely to maintain the good run in the March quarter (Q... Read More


Unsettling signs emerge for IT investors

New Delhi, March 17 -- At the start of 2025, the Indian information technology (IT) sector was poised to see a reversal of fortunes during the year. Robust US economic growth and interest rate cuts by... Read More


Tile stocks are cracking as companies brace for a muted FY25 finish

New Delhi, March 17 -- Cracks have deepened in the share prices of listed tile makers. Slower offtake due to sluggish demand and margin pressure amid industry headwinds signal a tepid finish to FY25.... Read More


Ramco Cements faces new setback as Tamil Nadu's mining tax may increase costs

New Delhi, March 13 -- Mines in Tamil Nadu will now attract additional tax, dealing a fresh blow to The Ramco Cements Ltd, which focusses on south India. Under the Tamil Nadu Mineral Bearing Land Tax ... Read More


Chhaava's success fails to awaken animal spirits in PVR Inox stock

New Delhi, March 10 -- Chhaava, a historical action film starring Vicky Kaushal, has raked in more than Rs.500 crore at the box office but its success has not rubbed off on multiplex operator PVR Inox... Read More


Realtors eye new addresses in tier-2 cities

New Delhi, March 6 -- Grade-A real estate companies have been expanding their footprints from top-tier cities to tier-2 cities lately. A combination of factors such as affordability, relatively higher... Read More


Dalmia Bharat has a lot of ground to cover to achieve a pan-India presence

New Delhi, March 4 -- Dalmia Bharat Ltd is expanding its footprint by making a strategic investment of about Rs.3,520 crore, to be funded via debt and internal accruals. The cement maker will establis... Read More