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"India was hit a bit but otherwise we have been on our toes, adjusting to customer needs. But the good news for me is that the demand is very robust." ....
When it comes to the Adani Group of companies, the market cap is real. In the last one year, if you had participated in these stocks a port company, a gas company, a logistics company you would have made a killing in the markets. Your view? That is true. There has been a series of separation of companies and creation of market cap. It is largely a debt-funded expansion but unlike most other debt-funded groups, these stocks seem to be moving up and people are not concerned about the debt for various reasons. I do not participate in this group as I did not participate in the runup of the Indiabulls Group as well as the Anil Ambani Group. So I would just say this and rest my case. ....
Read more about Strong order book, improving cash flows positive for Motherson Sumi on Business Standard. Further margin gains could be a key trigger for the stock ....
The companys consolidated total revenue from operations jumped 17.6 per cent on-year to Rs 16,971.9 crore, which was slightly higher than analysts estimates. ....