The hike in raw material prices prompted major steel companies to increase prices in April after two successive months of hikes. JSW Steel, ArcelorMittal Nippon Steel India, and Jindal Steel & Power (JSPL) are among the top private sector stee

The Indian credit card industry has been growing strongly at 19%-25% CAGR in the card in force spending (online + offline) over FY17 to 9MFY22. The growth is expected to continue in the future given that the credit card industry is at a relatively na

The fourth quarter will likely be characterized by stability and normalization for the BFSI sector after several quarters of volatility. Net interest margins, slippages, and credit costs are likely to remain at least stable, if not improve. Most b

Bandhan Bank is a commercial bank focused on serving underbanked and underpenetrated markets in India. The company has a PAN-India presence and offers a wide range of banking products & services and asset & liability products and services des

Divis Laboratories Ltd is engaged in manufacturing Advanced Pharmaceutical Ingredients (APIs), Intermediates, and Nutraceutical ingredients with predominance in exports. It has a market presence in 95 countries and ~14,000 employees and is one of the

The slowing rural demand over the past two quarters, which has severely impacted the performance of companies, especially in the FMCG/consumer staples and two-wheeler segments, has been a cause for concern. A deceleration in decorative paint

Pradhan Mantri Awas Yojana is an initiative by the Government of India with the aim of providing affordable housing to the urban poor with a target of building 2 crore affordable houses by 31 March 2022. Till date 122.69 lakh houses have been sanctio

Due to the Covid-19 pandemic, supply chain activities have often been disrupted internally and externally which affected the FMCG sector heavily. Lockdown policies have disrupted the supply of raw materials and the demand for finished goods.

Ultratech Cement is the largest cement company in India and 3rd largest cement company in the world (ex-china). It is also the only cement producer outside of China to have 100+ MnTPA of manufacturing capacity in a single country. UltraTech has a

Russia Ukraine war has created a silver lining for the Indian agriculture sector by disrupting the global Agri commodity chain. Ukraine is among the largest global exporters of wheat (10%), Sunflower (47%), barley (17%), rapeseed (20%), and maize (14

Asian Paints Ltd on 1st April announced that it will acquire a stake in two companies - White Teak and Weatherseal Fenestration to strengthen its presence in the fast-growing home improvement and decor segment. White Teak is engaged in the busines

Coal India has set a production and offtake target of 700 million tonnes in 2022-23 after achieving record production in 2021-22. It achieved a record production of 622.6 million tonnes for FY2022, eclipsing the previous high of 607 million tonnes