The focus for Ambuja Cement remains on growing the premium product portfolio where volumes grew 14% YoY in 4QCY19 and 13% in CY19.
As part of its ‘Aspiration 2022’ goal, IHIN targets to strike a balance between managed and owned rooms at 50:50.
Valuations at 13x FY21 EV/EBITDA do not factor in the new growth streams and could help drive up prices in medium term.
Core industrial demand stays muted, as per RBI data continuing to remain low at ~70%.
Expect OEMs across the board to report a tepid revenue growth constrained by weaker volumes.
Q3FY20 top line of agri-input companies to report strong growth.
Rising oil prices could further worsen India’s already stretched fiscal situation
RBI expects the economy to start recovering from the first half of FY21.
Read why it's widely expected that the Reserve Bank may cut interest rates for the sixth straight time on December 5th
Bharat Bond ETF will be a basket of bonds issued by central public sector enterprises/undertakings or any other government organization bonds.
The government on Wednesday approved the launch of Bharat Bond ETF, India's first corporate bond exchange traded fund (ETF), comprising debt of state-run companies, a move which will allow retail investors to buy government debt.
Read how to make the choice of funds before investing
© Moment Studios Pvt. Ltd.