Nuvama Institutional Equities’ Executive Director Abneesh Roy says crude-led inflation in paints, edible oils, detergents and snacks, could force FMCG firms to raise prices by 2–3% in the June quarter. Packaging costs also remain a key pressure point. While near-term…
Mankind Pharma Ltd shares surged nearly 3% after acquiring the Rivotril brand from Roche for the Indian market, strengthening its presence in CNS therapies. The stock rose to ₹2,125.10.
The MD of DRChoksey Finserv also prefers auto ancillary players and sees value emerging in premium housing-led real estate companies, with strong project visibility over the next 2–3 years.
Godrej Properties shares rose nearly 2% after acquiring 20 acres in Bengaluru for a premium residential project with an estimated revenue potential of ₹1,350 crore.
The Managing Partner of Geosphere Capital Management warns that focusing only on Brent understates the energy shock, with fuel products and fertilisers driving sharper inflation risks. While PSU energy firms face pricing limits, he sees renewables emerging as structural winners.
Promoter Hazel Infra Ltd. plans to divest a 5.01% stake through an OFS on March 18 and 19 to meet minimum public shareholding norms.
Net inflows into commodities fell sharply in February, dropping to ₹73,842 crore from ₹1.64 lakh crore in January. Equity inflows declined 19% to ₹42,017 crore.
The Indian rupee opened at 92.42 per US dollar on March 18, weakening by 5 paise from the previous close. Persistent pressure from higher crude oil prices and capital outflows weighed on the currency.
Based on discussions with TCS, Infosys, HCL Technologies, and Wipro ahead of the silent period, the brokerage said it found no evidence of increased pricing pressure in renewed contracts due to the latest artificial intelligence tools from Anthropic and OpenAI.
DEE Development Engineers said that the these developments are expected to have a limited bearing on DEE’s overall performance for the current period.