Expectations of additional tax burden in GST Council meet, competitive intensity may impact volume growth and margin of its mainstay cigarette biz
Consumer index underperformed the broader indices in November as investors looked at alternatives
Supportive macros and pricing power to help paint companies clock volume-led profitable growth, but buying on dips is advisable
The company had reported a revenue of Rs 937 crore and Rs 1,576 crore in June quarter and September quarter of 2018-19, respectively.
The net profit was impacted by one-time impairment in value of investments to the tune of Rs 40 crore
Rate of growth nearly double that of traditional trade in July-Sept: Nielsen data
Sector analysts admit the going will be tough for companies in Q2, an admission that some firms have already made in their recent quarterly updates
According to the report, the slowdown had been brewing since 2016 but was intensified further by several disruptions in the past two years including demonetisation
Combined revenues of these firms was up 10.3% YoY, double the growth of India Inc
While lower sowing is a cause of worry, the government's decision to offer an increase in MSP may help the farmers boost their income and hence, their spending capacity
Delay in demand recovery and higher stock valuations mean low margin of safety, say analysts
Given the muted demand situation, investors need to be selective, say analysts
Improving consumer demand and GST implementation benefits are supporting growth, while the sector's safe haven attributes are an added attraction amidst increasing volatility, say experts