Parag Milk: From Commodity to Brands
Parag Milk Foods Limited (PMFL) is a recently listed stock. Since its listing on 19 May 2016, it has returned a compounded annual growth rate (CAGR) of 16.73%. PMFL sells milk and milk products, such as ghee, skimmed milk powder, whole milk powder, paneer, cheese, cheese spreads, butter, curds, dairy whitener and gulab jamun mix. It claims to be the second-largest cheese seller, with a 33%...
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Nifty, Sensex Could Come under Pressure – Thursday’s closing report

We had mentioned in Tuesday’s closing report that Nifty, Sensex were struggling to head higher. The major indices of the Indian stock markets were range-bound on Thursday and closed with gains over Tuesday’s close.  On the NSE, there were 785 advances, 967 declines and 322 unchanged. The  trends of the major indices in the course of Thursday’s trading are given in the table below:

 

 
The key Indian equity indices - S&P BSE Sensex and the NSE Nifty50 - traded on a positive note on Thursday. However, broadly negative Asian markets due to investors' fears over a rise in trade protectionist measures had subdued the key indices. According to market observers, buying in capital goods, healthcare and IT (information technology) counters arrested the slide and supported the market's upward movement.
 
Jet Airways said that its Board will consider the unaudited financial results for the quarter ended June 30, 2018 on August 27. According to a BSE filing, the "Audit Committee and the Board of Directors" will, inter-alia, take up the matter in relation to the cost reduction initiatives and turnaround plan. The airlines management had earlier sought time and...

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Kaveri Seeds: Waiting For Upturn
The seeds business is an ever-changing one that requires new products regularly due to changing climatic conditions. Plus, different products are required for different geographies. Also, the market life of hybrid seeds from the introduction, to taking them off the shelf, is three to five years. This requirement of R&D (research & development) expertise as well as marketing and distribution...
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