LG Electronics' first quarterly results post-listing reveals a 27.7% drop in Ebitda, impacted by commodity costs and promotional expenses. Yet, it commands a high valuation, possibly driven by the absence of alternative pure-play consumer durable stocks.
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In the bull case, Morgan Stanley has pegged the Sensex target at 1,07,000, assuming oil stays below $65 per barrel, reflation policies deliver stronger growth, and global trade tensions ease with tariff reversals. Earnings growth is expected to compound at 19% annually over FY25–28.
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NEW DELHI : How to receive payments from global clients without losing a significant portion to conversion and transfer charges remains a constant dilemma for freelance tech writer Tushar Mehta.
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It is pouring earnings upgrades for Hero Motocorp Ltd, following its decent September quarter (Q2FY26) earnings performance.
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New Delhi: India’s fast-moving consumer goods (FMCG) sector reported a 5.4% rise in September-quarter volumes, which moderated sequentially on account of the transition to new goods and services tax rates, while the value of sales jumped 12.9%, according to data released by consumer intelligence platform NielsenIQ.
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Hope springs eternal in the midst of despair, be it the global economy or Indian. But before we come to the encouraging bits, the bad news first. A new study released by the International Monetary Fund (IMF) shows that its World Uncertainty Index has doubled from its January level.
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Maruti Suzuki Dzire has raked in the benefit of GST rate cuts, festive discounts and the overall appealing product proposition of the new generation model.
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In a major enforcement breakthrough, the Directorate General of GST Intelligence (DGGI), Delhi Zonal Unit, has busted a large-scale racket involving fraudulent availment and passing of Input Tax Credit (ITC) worth approx. ₹645 crore. The fraud was executed through an intricate web of 229 dummy GST-registered firms, allegedly controlled by a Delhi-based syndicate.
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A proposal put forth by the Bureau of Energy Efficiency, which oversees the norms, outlined lenient emission reduction targets for cars weighing less than 909 kg. Most carmakers besides Maruti Suzuki and Toyota opposed this.
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Ashok Leyland Ltd hit a new 52-week high on Friday as investors cheered its September quarter (Q2FY26) results, which were announced on Thursday.
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