India s Shoppers Stop on Monday reported nearly a 53% rise in fourth-quarter profit, helped by demand in its beauty segment as well as luxury products. The early start of.
Retail is one sector where even the best of the names of the India Inc have failed to taste success. It is not only the story in India, but globally. An industry where survival rate is not very high and the worst part, even after staying in business for decades, suddenly they go down under. Most prominent one which went down after years of existence is the Future group of companies. The players who have managed to survive, should better be bought back on the watchlist as there may be another round of re-rating when Reliance retail goes public.
The F&O contracts of any stock enter the ban period when the open interest (OI) on it crosses 95% of the market-wide positions limits or MWPL. The ban is reversed only if the open interest falls below 80%.
Sandip Sabharwal highlights Axis Bank s undervaluation, potential for re-rating. Discusses RBI s ban on Kotak credit cards, online accounts. Aditya Birla Group s impact on stock prices and the caution advised in the cement sector due to pricing pressures.