In FY24, the SMEs were hit hard as a 25 per cent drop in cotton prices and weak RMG exports pulled down the industry revenue despite steady domestic demand
The report noted that the cost of a non-vegetarian thali was up by 6 per cent year-on-year, driven by an estimated 15 per cent year-on-year rise in broiler prices
The fund outperformed the benchmark (Nifty 500 TRI) in the past 6 months, as well as one-, two-, three-, five-, seven- and 10-year trailing periods
Indeed, as margins shrink, the smaller players are exiting, leading to market consolidation
A disciplined investment approach through a systematic investment plan would have delivered strong results
Q3 FY25 company results, February 10: Bata India, Crisil, Grasim Industries, Ramco Industries, Patanjali Foods, and Varun Beverages among 298 firms to release their earnings report for the Dec quarter
At 6:36 AM, GIFT Nifty Futures were trading 47 points lower at 23,568, indicating a negative start for the Indian bourses
Last financial year, the industry witnessed a sharp 10 per cent growth in revenue, driven by an 8 per cent year-on-year (Y-o-Y) increase in sugar prices and a steady 2 per cent rise in consumption
The fund aims to generate long-term capital growth by primarily investing in large and midcap stocks
Subsidies, grants key for high-risk green projects, says CRISIL
Steel prices in 2025 would be much higher than the last year if the proposed safeguard duty on steel imports is imposed by the end of next month, rating agency Crisil said on Wednesday. "Domestic prices are under pressure due to global steel price decline and are expected to remain soft in 2025. Prices have a 4-6 per cent upside potential hinged on implementation of the safeguard duty. "As mills ramp up production volume from the newly commissioned capacities, increase in supply will reduce flat steel prices, but will still be higher than average price of 2024. That said, intense competition among mills to gain market share could limit the upward movement," Vishal Singh, Director-Research at Crisil Market Intelligence and Analytics, said in a statement. The imposition of a safeguard duty proposed by the industry could be a positive here. Assuming it is implemented by the end of February, steel prices in 2025 would be much higher than 2024, with the impact more prominent in the first
The RBI's increase in risk weights on bank lending to non-banking financial companies (NBFCs) and on unsecured loans has pruned credit growth in these segments
The key reason is patients continuing to favour large hospital chains on the back of pan-India insurance penetration increasing to 38-40 per cent from 23 per cent in FY15
For e-pharmacies, this positive trajectory is being driven by a strategic pivot towards high-margin product segments, such as wellness items and medical equipment
Bulk drug exports are expected to see moderate increases, supported by volume growth from new launches, customised synthesis, and rising demand for complex drugs
Shares of CRISIL hit their lifetime high at Rs 5,782.25 a piece on the BSE, rising 4.64 per cent in Friday's intraday deals
Vedanta Ltd on Tuesday said that Crisil Ratings Ltd has upgraded its rating on the company's long-term bank facilities and debt instruments. Improved capital structure, better financial flexibility and strong volume growth are the key reasons for the upgrade. Crisil has upgraded its rating on Vedanta's long-term bank facilities and debt instruments to AA from 'AA-', the rating agency said. "The rating upgrade factors the expected material improvement in the consolidated operating profitability (earnings before interest, tax, depreciation and amortisation or Ebitda) of Vedanta along with improved capital structure with reduction in debt and leverage to below rating thresholds," Crisil said in its rating rationale. This is the second upgrade for Vedanta by a major credit agency in the last three months. In September, ICRA had upgraded Vedanta Ltd's long-term credit rating to AA from AA-, citing company's strengthened credit profile. UK-based Vedanta Resources, the parent of India's
Asset quality concerns, slowing of bank funding to temper pace
An investment share above 30 per cent is considered important for driving economic growth
Ratings of 24 group firms under 'continuous surveillance', says agency about conglomerate facing legal charges in the US