Latest Updates Around The World
As election results trickle in in Bihar, markets appear largely unfazed, with most investors viewing the political event as a known variable rather than a trigger for volatility. Speaking to ET Now, Dipan Mehta, Director, Elixir Equities, emphasized that the outcome has already been absorbed by the Street.When asked if he expects turbulence on the […]
Bakery food company Britannia Industries Ltd on Wednesday reported a 23.23 per cent rise in consolidated net profit to Rs 655.06 crore for the September quarter, helped by stable raw material prices and cost optimization efforts.The company had posted a net profit of Rs 531.55 crore in the July-September quarter a year ago, according to […]
FMCG giant Hindustan Unilever Ltd (HUL) is expected to post a subdued performance in the September quarter as the recent GST rate cuts and prolonged monsoon disrupted sales momentum even as weak underlying demand and destocking weighed on volumes. According to an average of six brokers, HUL’s revenue is likely to grow only 1% year-on-year, […]
In this edition of ETMARKETS SMART Talk, Unmesh Kulkarni, director and senior advisor at Julius Baer India, shares his insights into the most important sectors that are ready to stimulate the growth suit of India in the next 3-5 years. From the structurally strong BFSI sector to the rapidly evolving health care and consumption segments, […]
