Capital Goods boost industrial output Capital Goods boost industrial output Gayathri Udyawar / Tuesday, February 13, 2018 0 1538 Article rating: 4.3 The Index of Industrial Production (IIP) grew at 7.1 per cent in December 2017 compared to 2.4 per cent in December 2016, which was affected by demonetization drive. The growth in industrial output was supported by rise in manufacturing and capital goods production. Read more
MIRC electronics posts subdued quarter MIRC electronics posts subdued quarter Rohan Takalkar / Tuesday, February 13, 2018 0 2186 Article rating: 4.5 MIRC Electronics reported subdued quarter for Q3FY18 due to declining revenues. The margins over the quarter also weakened further due to high raw material costs. Read more
Q3FY18 Results: Fairchem Speciality reports PAT surges of 39 per cent Q3FY18 Results: Fairchem Speciality reports PAT surges of 39 per cent Nidhi Jani / Tuesday, February 13, 2018 0 3716 Article rating: 4.5 EBITDA for the quarter rose by 35.6 per cent yoy to Rs. 28.51 crore with a corresponding margin contraction of 110 bps. EBITDA margin for the quarter stood at 10.5 per cent. This margin contraction was led by jump in power and fuel expenses and cost of materials by 46.3 per cent yoy and 13.7 per cent yoy, respectively. Read more
Paper stocks face dilemma of rise in pulp prices Paper stocks face dilemma of rise in pulp prices Bhagyashree Vivarekar / Tuesday, February 13, 2018 0 2972 Article rating: 3.3 In the near future, Indian paper manufacturers are expected to feel the blow of the hiked imported pulp prices. Of-late, imported pulp prices have peaked to 7 year highs and are expected to remain higher for some period. Read more
What should you be doing with your MFs now? What should you be doing with your MFs now? Shashikant Singh / Tuesday, February 13, 2018 0 1702 Article rating: 4.0 You need to tactfully keep on booking profit and rebalance your portfolio to minimise LTCG burden. Read more