Latest Updates Around The World
India’s consumer sector is showing early signs of recovery, with demand trends gradually improving across most categories in Q3’26. Overall sector performance remained healthy, with revenue and EBITDA growth of 17% and 15% year-on-year respectively, supported by a low base and improving consumer sentiment. Even on a normalized basis (excluding high-growth discretionary segments), underlying growth […]
According to Sandip Sabharwal, founder of askandipsabharwal.com, the strong credit growth reported by leading banks in the December quarter points to an improving economic cycle, even as select consumer and retail sectors face challenges in the near term.Speaking to ET Now, Sabharwal said double-digit loan growth at most major banks reflects rising economic activity after […]
Markets remained volatile and closed lower on Wednesday, continuing the cautious sentiment. Analysts say the recent decline, after Friday’s RBI-driven rally, has weakened short-term sentiment and now see 25,650 as the next critical support.“A decisive break below this level could further widen the consolidation margin, with the next major support at the 25,400 level. On […]
In the ongoing earnings season, small-cap stocks have captured investors’ attention as some segments report strong growth and margin performance. In conversation with ET Now, Pankaj Pandey, Head of Research, ICICIdirect.com emphasizes, “Look, on the smaller cap side, pipe is something that we like. So we like the Astral numbers along with the Prince Pipes. […]
Saregama, part of the RPSG Group, reported a 2% YoY decline in net profit to Rs 44 crore for the quarter ended September, compared to the same quarter of the previous fiscal.Revenue from operations declined 5% to Rs. 230 crore, while adjusted EBITDA remained at Rs 85 crore. The board has declared an interim dividend […]
After almost two weeks of rebound, the session on Tuesday turned out to be a damper with sales pressure that the indices understood directly from the opening bubble. “What made it worse was the banking sector,” said Ajit Mishra, SVP – research at Religare Broking, in a conversation with ET now. “Private banks did not […]
It was 1984 when the Chandigarh-bred Varun Berry graduated from Punjab Engineering College and gained access to an American university with a trade show. All made it about going for a master in the US, he was rather crestfallen when his visa was rejected. He speculates that it was perhaps the fact that he came […]
