Mint

Source: Live Mint Fast-moving consumer goods (FMCG) companies (largely staple companies) have struggled to improve their volume growth in the last few years due to sluggish demand growth, especially in rural areas. Domestic brokerage LKP Securities noted large consumer staple companies reporting an average mid- to high single-digit volume growth between FY20-24, unlike a few…

Source: Live Mint Manba Finance IPO: Manba Finance Limited has raised ₹45.25 crore from anchor investors ahead of its IPO subscription opening for bidding. The non-banking financial company (NBFC)’s initial public offering (IPO) is all set to hit the D-Street for its three-day subscription on Monday, September 23, 2024 which will remain open for investors…

Source: Live Mint Oil prices extended their recent recovery rally and rose more than 1% on Thursday as a large cut in U.S. interest rates and declining global stockpiles helped offset some of the demand concerns arising from weak consumption in China. Brent futures settled at $74.88 a barrel, up by $1.23, or 1.7%. U.S….

Source: Live Mint Domestic brokerage JM Financials is bullish on Ami Organics and has initiated coverage on the small-cap pharma stock with a ‘but’ ratinover strong volume growth prospects and robust profit over the next three years. The brokerage has set the target price at ₹1,975 against a current market price (CMP) of ₹1,625.55. Read…