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The brokerage likes the company for its increased presence in the robust north market (grey business) and for its steady growth in the white/putty segment.
India’s current account ends in deficit in Q3 as demand risesThe critical measure of a country's external strength now stands at a surplus of 1.7 per cent of GDP for the first nine months of the fiscal year as against a deficit of 1.2 per cent in the year-ago period
from Stocks-Market… Read MoreDigital outage hits HDFC Bank customers againIn December 2020, the RBI had barred HDFC Bank from new digital launches and issuance of fresh credit cards until it addressed its digital issues. The RBI had also asked the bank’s board to identify lapses and fix accountabil… Read MoreStocks in the news: NIIT, RIL, UCO Bank, Adani Enterprises, BPCL, Axis Bank and VedantaThe government has cut price of natural gas by 11 per cent to $3.62 per mmBtu for difficult fields like the one operated by Reliance-BP.
from Stocks-Markets-Economic Times https://ift.tt/3uaVa5p
… Read MoreSensex up 68% in FY21, highest rise in 10 yearsA global pandemic notwithstanding, Dalal Street set several records during the financial year that ended on March 31, including a record rally beyond 52,500 points for the sensex, market capitalisation that neared the $3 tril… Read MoreHDFC raises FD rates upto 25 bpsFrom March 30, fixed deposits of 33-month duration will fetch 6.2% annualised returns. For 66-month deposits, the rate would be 6.6% and 6.65% for 99-month deposits. Senior citizens would get 25 basis points more. Distributor… Read More
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