Power Struggle

During the past one year of sluggish economic growth, the performance of several sectors has been salvaged by the robust growth in rural consumption. This includes steel for roofing, mobile services, commercial vehicles to serve the rural needs and growing demand for consumer goods from rural folk who have benefited from trickle-down of wealth and also from direct injection of cash through...

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  • Happy Returns

    These 6 stocks make excellent returns on equity, are growing fast and are reasonably priced

    Cement companies have surprised us with unexpected growth in the June quarter, following up on their strong performance in FY09. They have not only braved the domestic slowdown but also the looming cement overcapacity that got built when the boom of 2005-07 encouraged all players to go for massive...

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  • Sweet Success

    Renuka Sugars rose 18%, Jetking gained 15% and HCL was up 10%

    Gainers: Shree Renuka Sugars gained 18% on expectations of a rise in sugar prices because of lower production. Jetking Infotrain gained 15%.  HCL Technologies (up 10%) posted a rise of 3% in sales and 343% in operating profit in the June quarter over the same period last year. Crompton Greaves (up 8%) plans to enter the business of...

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