Tube Investments: Facing Headwinds
Moneylife Digital Team 13 November 2023
Tube Investments of India Limited (TII) posted its highest-ever consolidated revenue in FY22-23 which was up 19% year–on-year (y-o-y) to reach Rs14,965 crore. TII is a Murugappa group company, one...
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Weekly Moneylife Indices & Sector Trends
Moneylife Digital Team 10 November 2023
From 3rd November to 9 November 2023, ML Large-cap Index rose 2%. ML Mid-cap Index, ML Small-cap Index, ML Mega-cap Index, the NIFTY, ML Micro-cap Index and the Sensex rose 1% each.
Moneylife Stockgraders
Moneylife Digital Team 10 November 2023
1. The Grader captures the three factors that determine investments: valuation, returns and price strength. Our grader captures these three parameters.
2. In this...
Rainbow Children’s Medicare: Short-term Slowdown
Moneylife Digital Team 09 November 2023
Rainbow Children’s Medicare (Rainbow) reported lower than estimated sales growth but profitability was good. Normally, the second quarter of the financial year is characterised by higher occupancy rates. Though the trend was...
Carborundum Universal: Suffering from Chinese Dumping and Muted European Demand
Moneylife Digital Team 08 November 2023
Carborundum Universal (Carborundum) reported muted sales growth mostly impacted by rouble exchange rate. Its Russian subsidiary VAW’s (Volzhsky Abrasives Works) sales were up by 24% year-on-year (y-o-y), in rouble terms. But, in...
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