Sales rose 18 per cent year-on-year, while record exports, double-digit segment growth and cost savings helped offset pressure from commodity inflation
Analysts believe that demand for seasonal products within consumer discretionary is expected to be normalized in Q4 with inventory expected to normalize by January 2026.
Nifty Trading Strategy, May 28: Nifty share price has been finding it difficult to cross the 25,116-resistance and continues to remain choppy. Among stocks, MOIL, Crompton Greaves look bullish
Near-term demand is lower amidst a host of factors such as inflationary challenges on consumer spending, rural weakness, and Q2 being a seasonally weak quarter post a strong summer
The markets traded lackluster and ended slightly lower, continuing the ongoing consolidation phase. After a flat start, the Nifty fluctuated within a narrow range, eventually closing at 24,413.50.
At 01:41 PM, the S&P BSE Consumer Durables index, the top gainer among sectoral indices, was up 1.5 per cent, as compared to 0.11 per cent decline in the S&P BSE Sensex
Stocks to Watch Today: Sugar industry has requested the government that the additional 1 MT export order be given the mills, and not trader or exporters.
The company had posted a net profit of Rs 249.08 crore in the January-March period a year ago, Crompton Greaves Consumer Electricals Ltd (CGCEL) said in a BSE filing
The Indian government has challenged in the Singapore High Court an international arbitration tribunal's verdict that overturned its demand for Rs 22,100 crore in back taxes from Vodafone Group Plc
The shares were offloaded through Advent International Corp's Amalfiaco and Temasek's MacRitchie Investments Pte Ltd via multiple open market transactions
