Posted at 11:50 AM , on June 10, 2019
Between 2014 and 2019 a rather small company called Aarti Industries zoomed by 1700% from a price of Rs.95 to Rs.1720. The unique feature about Aarti Industries was that it derived 78% of its revenues from the specialty chemicals business and was seeing unprecedented growth in the last five years. What exactly is this story all about?
Posted at 11:47 AM , on June 10, 2019
The monetary policy announced on 06th June was along expected lines but also disappointed the markets. That was evident from the market reaction on the policy day. However, the RBI has tried its level best to balance growth, liquidity and the realities of the future inflation risks. But first, what were the key highlights of the monetary policy.
Posted at 10:01 AM , on June 3, 2019
Sugar stocks in the April quarter had some reasons to cheer about. While the core sugar business continued to be under pressure due to oversupply, there was good news. The ethanol business which contributed nearly 12% to the revenues in the quarter ended up contributing nearly 50% of their profits. This has given hope to sugar stocks, but there is need for caution. Here is why!
Posted at 9:57 AM , on June 3, 2019
The bond yields had been range bound for a long time on the benchmark 10-year bonds in India. However, in the last one month, the bond yields have fallen nearly 40 bps from around 7.43% to a multi-year low of 7.03%. Let us look back at the key factors driving lower yields in India.