Investors cheer Aditya Birla Fashion's 5-yr growth strategy but concerns remain

MUMBAI, March 2 -- The management of Aditya Birla Fashion and Retail Ltd (ABFRL) met analysts and provided clarity on its long-term revenue and profitability targets. The company plans to more than do... Read More

Investors cheer Aditya Birla Fashion's bets on ethnic wear after Tahiliani deal

MUMBAI, Feb. 26 -- Shares of Aditya Birla Fashion and Retail Ltd (ABFRL) have risen around 9% since the company announced a strategic partnership with designer Tarun Tahiliani on Wednesday. ABFRL and ... Read More

Voltas' Q3 result is good, but its stock valuations are already rich

NEW DELHI, Feb. 26 -- Voltas Ltd's December quarter results have surprised analysts positively. Its unitary cooling products (UCP) business was the star performer last quarter, reporting a robust 40% ... Read More

Resurgence of covid a big risk for PVR, Inox Leisure shares

NEW DELHI, Feb. 26 -- Shares of multiplex companies PVR Ltd and Inox Leisure Ltd declined by around 6% each on Monday, 22 February on the NSE. True, broader markets were weak as well, with the Nifty ... Read More

Amid slow ongoing recovery, hotels await more corporate demand to check in

MUMBAI, Feb. 25 -- The hotel industry has been recovering from the pain of the pandemic-led hit to demand, but is not out of the woods yet. Even so, the pace of recovery hasn't enthused investors. As ... Read More

Tata Consumer Products secures a spot in Nifty50; shares hit new 52-week high

New Delhi, Feb. 24 -- Shares of Tata Consumer Products Ltd hit a new 52-week high on Wednesday on National Stock Exchange (NSE) in early deals. According to a statement by NSE, the Tata Consumer stock... Read More

Muted yields and higher fuel prices to delay smooth landing for airlines

New Delhi, Feb. 24 -- Losses of Indian aviation firms InterGlobe Aviation Ltd and SpiceJet Ltd declined on a sequential basis for the quarter ended December. InterGlobe runs IndiGo, India's largest a... Read More

Muted yields, higher fuel prices to delay smooth landing for Indigo, SpiceJet

New Delhi, Feb. 24 -- Losses of Indian aviation firms-InterGlobe Aviation Ltd and SpiceJet Ltd declined on a sequential basis for the quarter ending December. InterGlobe runs the IndiGo airline, India... Read More

As Heranba Industries' IPO opens today, here are few factors to take note of

New Delhi, Feb. 23 -- Agrochemical company, Heranba Industries Ltd's initial public offering (IPO) opens today and here are some things that investors can take note of. Now, the issue is expected to b... Read More

Covid resurgence and other risks loom large for PVR, Inox Leisure stocks

MUMBAI, Feb. 22 -- Shares of PVR Ltd and Inox Leisure Ltd declined 4-5% in early deals on Monday on the National Stock Exchange. Rising covid-19 cases are a key risk for multiplex companies as they po... Read More

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