Traders may buy dip at lower opening

Traders may buy dip at lower opening

Source: Live Mint Stock markets could open gap down on Monday in response to the lower-than-expected gross domestic product (GDP) reading for the second quarter , but the dip could be purchased as the growth slowdown is likely to be seen as a one-off and spur dovish commentary on rates from Reserve Bank of India…

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A charged-up Amara Raja juggles margin pressure and lithium-ion ambitions

A charged-up Amara Raja juggles margin pressure and lithium-ion ambitions

Source: Live Mint Amara Raja Energy and Mobility Ltd’s weak margin performance in the September quarter overshadowed its 12% year-on-year jump in standalone revenue.  The revenue, which was in line with analysts’ expectations, was driven by increased traction in three segments: two-wheeler and four-wheeler aftermarket, two-wheeler original equipment makers, and exports.  But rising input costs,…

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