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Acquisition of Organic India and Capital Foods consistent with Tata Consumer s strategic intent to expand product portfolio and target addressable market. ....
In an interview with MintGenie, Apurva Sheth noted that any increase in taxes related to the capital markets like STT, Capital Gains, etc. can lead to a negative impact on the markets. A reduction in capex or defence outlay could hamper the current momentum in the markets, added Sheth. ....
The domestic alcohol industry is caught in a squeeze play. Soaring raw material costs are taking a toll on margins as state governments keep MRP unchanged. The price of extra-neutral alcohol, a key raw material, has gone up by 53% since 2018. ....
In-cinema advertising is on the rise, with a 15% increase in the second and third quarters of FY24 compared to last year. Advertisers are signing long-term campaigns with theatre owners, particularly in the FMCG, consumer durables, and financial services sectors. ....
From a traditional valuation perspective, shares of Godrej Properties may look expensive. However, given its vast land bank and strong project pipeline, the realty company has the potential to continue outperforming the benchmark indices. Should you buy at current levels? ....