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Source: Live Mint A host of favourable factors is aligning to boost tyre maker Ceat Ltd’s margins. While margins declined year-on-year in the March quarter (Q4FY25), they improved sequentially. Consolidated Ebitda margin stood at 11.3% in Q4, ahead of the consensus estimate of 10.7%, while gross margin came in at 37.5%. Easing input costs and…
Source: Live Mint Amid worries of heightened competitive intensity, Berger Paints India Ltd’s decorative paints business saw 7.4% year-on-year volume growth in the December quarter (Q3FY25) – the highest among its listed peers. Growth was driven by increased sales of low-value products such as texture paints, tile adhesive and admixture, coupled with earlier price cuts…
Source: Live Mint KEI Industries Ltd is preparing to carry out its enhanced capital expenditure (capex) guidance. The cable and wire company recently completed a fundraise of ₹2,000 crore through a qualified institutional placement (QIP) at ₹3,800 a share. These funds are expected to help its balance sheet and support its greenfield expansion at Sanand…
Source: Live Mint KEC International Ltd appears well-positioned to meet its FY25 order inflow guidance of around ₹25,000 crore. Last week, the company secured three big orders totalling nearly ₹4,000 crore, bringing its FY25 order intake to ₹17,500 crore so far. Additionally, its lowest bidder (L1) portfolio stands at ₹8,400 crore, further supporting its order…
Source: Live Mint Hitachi Energy India Ltd’s shares are up 14% this week, lifting the gains for 2024 so far to as much as 200%. Now, notwithstanding the growth outlook for capital goods companies, retail investors must note that multinational companies such as Siemens, ABB India and Hitachi will always remain expensive given they have…
