Sun Pharma reported better-than-expected earnings with EBITDA margins beating expectations. The stock reacted positively to the news. Voltas had weak performance, particularly in the project business, but the market reacted positively, possibly due to short covering. Blue Star, on the other hand, had strong results and a positive outlook. Battery companies like Exide and Amara Raja are showing good traction, but we have a neutral rating on them and prefer to invest directly in the OEMs. Our top picks are two-wheelers, with Hero Moto leading the pack.
Guntur MP Galla Jayadev has announced his decision to quit politics, citing the prevailing political situation as a reason. Read more about his reasons and the impact on his business.
Jayadev Galla, CMD of Amara Raja Energy & Mobility, calls it a day in politics thehindubusinessline.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from thehindubusinessline.com Daily Mail and Mail on Sunday newspapers.
Tirupati: Telugu Desam national president N. Chandrababu Naidu on Sunday accused Chief Minister Y.S. Jagan Mohan Reddy of deceiving the people of Andhra Pradesh with lies and propaganda in his.
Pankaj Pandey discusses the attractiveness of PSU banks within the BFSI space. He also mentions the potential growth for rating agencies due to government and RBI push for corporate bonds. Tech Mahindra and BirlaSoft are highlighted as companies with strong numbers and attractive prospects. Bajaj Auto s good margins and TVS s success in the EV market are noted. Pankaj Pandey comments on the opportunities in the railway sector, but expresses concerns about valuations.