Devangshu Datta
 "Devangshu Datta")
Devangshu Datta
Devangshu Datta, an internationally rated chess and bridge player, is a seasoned writer and columnist with extensive experience covering diverse topics such as finance, technology, science, and sports. Known for his analytical approach and clear writing style, Datta has contributed to several leading publications, including Business Standard, The Economic Times, The Telegraph, and Outlook. He also serves on the editorial board of Business Standard.
Devangshu Datta, an internationally rated chess and bridge player, is a seasoned writer and columnist with extensive experience covering diverse topics such as finance, technology, science, and sports. Known for his analytical approach and clear writing style, Datta has contributed to several leading publications, including Business Standard, The Economic Times, The Telegraph, and Outlook. He also serves on the editorial board of Business Standard.
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Crude oil price drop likely to result in earnings downgrade for ONGC
Crude oil production was flat quarter-on-quarter (Q-o-Q) and year-on-year (Y-o-Y), while gas production was flat Q-o-Q but declined 6 per cent Y-o-Y
 "Crude oil price drop likely to result in earnings downgrade for ONGC")
The growing power of geolocation crosses over into conflict zones
Geolocation is a classic example of technology with multiple applications. Amazon, Blinkit, Swiggy, Uber, Lyft, and Google, among others, use it to locate obscure places
 "The growing power of geolocation crosses over into conflict zones")
Cummins India's growth engines should continue to deliver in FY26
Despite modest Q4 revenue growth, Cummins India expects double-digit growth in FY26 on the back of robust domestic demand, CPCB 4+ tailwinds, and export recovery
 "Cummins India's growth engines should continue to deliver in FY26")
Realisation worries, capital expenditure likely to hit NMDC stock
In Q4FY25, volume growth picked up. NMDC implemented price hikes in FY25. In future, volume pick-up and stable realizations will be key
 "Realisation worries, capital expenditure likely to hit NMDC stock")
Growth, lower valuations to drive gains in LIC stock in near term
The VNB margin expanded 80 basis points Y-o-Y to 17.6 per cent at end FY25. The VNB margin expansion is primarily on account of focus towards the profitable non-par products
 "Growth, lower valuations to drive gains in LIC stock in near term")
Slow capacity addition likely to weigh on NTPC's growth prospects
Consolidated revenue for FY25 came in at Rs 1,88,100 crore (up 5 per cent Y-o-Y) while net profit stood at Rs 23,950 crore (up 12 per cent)
 "Slow capacity addition likely to weigh on NTPC's growth prospects")
ITC's gains depend on margin recovery and revival in FMCG segment
ITC's Q4FY25 net profit rose 0.8 per cent on strong cigarette volumes but pressure in FMCG and paperboards hit margins, with rural demand holding the key
 "ITC's gains depend on margin recovery and revival in FMCG segment")
Capex momentum likely to improve for Power Grid Corporation of India
Record project wins were also reported with ₹92,000 crore, and works-on-hand is ₹1.55 trillion. The management hopes capex improvement will translate to asset capitalisation of ₹28,000 crore in FY26
 "Capex momentum likely to improve for Power Grid Corporation of India")
Malur Ramasamy Srinivasan: A nuclear scientist who advocated disarmament
After the first peaceful nuclear explosion at Pokhran in 1974, Srinivasan was one of the small group of scientists and technocrats who ensured that the country's nuclear sector achieved self-reliance
 "Malur Ramasamy Srinivasan: A nuclear scientist who advocated disarmament")
Jayant Vishnu Narlikar: A contrarian cosmologist and his worldview
He wrote alternative what-if histories, explained difficult scientific theories with funny analogies, and leavened his lectures with jokes and humorous asides
 "Jayant Vishnu Narlikar: A contrarian cosmologist and his worldview")
Despite short-term concerns, brokerages remain bullish on Hindalco
Upstream aluminium revenue stood at Rs 10,300 crore in Q4FY25 (up 22 per cent YoY), led by higher aluminium prices
 "Despite short-term concerns, brokerages remain bullish on Hindalco")
Loan growth, margin worries likely to weigh on LIC Housing Finance
The Q4 net operating income declined 3 per cent Y-o-Y to ₹2,170 crore with a net interest margin (NIM) expansion of 15 basis points quarter-on-quarter (Q-o-Q)
 "Loan growth, margin worries likely to weigh on LIC Housing Finance")
Guidance, stock rally may keep Hindustan Aeronautics under pressure
HAL reported a decent set of numbers in Q4FY25, with revenue at ₹13,700 crore (down 7 per cent Y-o-Y). The operating profit dipped 10 per cent Y-o-Y to ₹5,290 crore
 "Guidance, stock rally may keep Hindustan Aeronautics under pressure")
Policy lessons from data gaps in Covid death toll and Maha Kumbh mumbers
Newly released data implies that the health care system coped very badly. The likely under-allocation of resources due to undercounting suggests it may also cope poorly in the next major health crisis
 "Policy lessons from data gaps in Covid death toll and Maha Kumbh mumbers")
Transmission capex, renewable energy segment may energise Tata Power stock
Tata Power benefits from transmission capex, reforms in distribution and green capex. It targets RE capacity of 15GW by FY27 and has capex plans of ₹84,200 crore for FY24-27
 "Transmission capex, renewable energy segment may energise Tata Power stock")
Value strategy paying off for Shree Cement, but stock may be fully priced
In FY25, revenue was down 8 per cent, while EBITDA was down 12 per cent and PAT was down 51 per cent YoY. Volumes were flat YoY
 "Value strategy paying off for Shree Cement, but stock may be fully priced")
Cost reduction, higher prices key monitorables for Tata Steel stock
Standalone blended realisation at Rs 60,591 per tonne was lower by 8.7 per cent YoY and 0.8 per cent QoQ
 "Cost reduction, higher prices key monitorables for Tata Steel stock")
High valuation may cap significant upside in ABB India's stock
Order inflow was stable at ₹3,750 crore with 4 per cent Y-o-Y growth in inflows, taking the order book to ₹9,960 crore (up 11 per cent Y-o-Y)
 "High valuation may cap significant upside in ABB India's stock")
Quick-commerce margins and execution are key to gains in Swiggy stock
Management indicated that the quick commerce segment saw peak losses in Q4 and there will be progressive improvement
 "Quick-commerce margins and execution are key to gains in Swiggy stock")
Street positive on Larsen & Toubro despite near-term concerns
L&T is optimistic about the GCC region for renewable, clean energy and transmission projects
 "Street positive on Larsen & Toubro despite near-term concerns")
