Radico Khaitan: Getting Better and Better
Moneylife Digital Team 14 September 2021
As the second wave of COVID receded from June 2021 and as restrictions were lifted, Radico Khaitan (Radico) notched up month-on-month (m-o-m) increase in demand. In Q1FY21-22, it reported Indian made foreign liquor (IMFL) sales volume of 5.61mn (million) cases representing an increase of 58.8% on a y-o-y (year-on-year) basis. It also became the largest IMFL exporter from India during the...
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IPO Review: Sansera Engineering
Moneylife Digital Team 14 September 2021
Incorporated in 1981, Sansera Engineering Ltd (SEL) is into precision engine-forged components, such as connecting rod, rocker arm, crankshaft, gear shifter fork and stem comp, and aluminium-forged parts for 4W (four-wheeler), 2W...
Special Situation: Is There Value in the Upcoming GHCL Ltd Demerger?
Moneylife Digital Team 13 September 2021
GHCL Ltd is a diversified company making soda ash and sodium bicarbonate and yarn and home textiles products. In March 2020, the board of directors of GHCL had approved the scheme of demerger of its textiles division into a separate...
Weekly Moneylife Indices & Sector Trends
Moneylife Digital Team 11 September 2021
INDIAN MARKET TRENDS
From 3rd September to 9 September 2021, ML Small-cap Index and ML Mid-cap Index rose 2% each. ML Large-cap Index and ML Micro-cap Index rose 1% each. ML Mega-cap Index, the Sensex and the NIFTY ended...
Welspun India: Scaling Up!
Moneylife Digital Team 11 September 2021
Textiles stocks have done well in 2020-21, thanks to strong demand and lower input costs. And now the government has announced production-linked incentive (PLI) scheme for the sector which has got the market even more excited. We...
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