A few third of NSE 500 shares are cheaper than their pre-Covid valuations, as measured by price-to-earnings (PE) and price-to-book (P/B) ratios. Following the sharp market correction since October 1, a number of blue-chip corporations are 10-60% under March 2020 ranges by these key metrics. They embrace HDFC Financial institution, Bharti Airtel, ICICI Financial institution,…
Axis Securities has downgraded Hindustan Unilever to ‘maintain’ ranking with a goal value of Rs 2,520 (+8%). Analysts count on near-term challenges for the corporate to stick with subdued demand in city areas, elevated aggressive depth, and volatility in key uncooked materials costs. These components are prone to impression quantity development and margins within the…
New Delhi: A chronic city slowdown is prompting makers of day by day necessities to roll out smaller, lower-priced packs of premium merchandise to spice up demand throughout classes, from soaps and shampoo to snacks and frozen meals. Hindustan Unilever, Britannia, ITC, Godrej Shopper Merchandise, Colgate Palmolive and Adani Wilmar are all introducing ‘entry packs’…
