For Maruti, late adoption of EV tech dampens sentiment

NEW DELHI, March 5 -- Maruti Suzuki India Ltd's parent, Suzuki Motor Corp. (SMC), has shared its midterm management plan for the five years through March 2026. Some of the key takeaways for Maruti Su... Read More

Adani Ports' investors cheer Gangavaram Port acquisition; stock hits new high

New Delhi, March 4 -- Shares of Adani Ports and Special Economic Zone Ltd (APSEZ) were trading about 2% higher in early deals on Thursday on NSE. Investors seem to be pleased with the company's acquis... Read More

Adani Ports' stock at new highs as investors cheer company's growing footprint

New Delhi, March 4 -- Shares of Adani Ports and Special Economic Zone Ltd rose 3% on Thursday and hit a new 52-week high. Investors are visibly pleased with the company's acquisition of a 31.5% stake ... Read More

PSU stocks are finally getting their moment in the sun

MUMBAI, March 3 -- The year 2021 has begun well for investors of public sector unit (PSU) companies, with the stocks in limelight. The BSE PSU index has surged 25% so far this calendar year. This comp... Read More

Nestle India's growth focus is good, but stock is already pricey

MUMBAI, March 2 -- Nestle India Ltd held an analyst meet last week and provided an update on its business. The packaged foods company is has over 40 new innovation projects in the pipeline. Over the ... Read More

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