CLSA maintains sell on Bajaj Finance, Citi bullish on Marico

CLSA maintains sell on Bajaj Finance, Citi bullish on Marico

New Delhi: Ahead of corporate earnings for the June quarter, foreign brokerages have come up with their reports on select domestic companies. While they remain mixed on financials, the views on FMCG suggest a promising outlook for the sector. CSLA has maintained its sell rating on as the growth has slowed from pre-Covid levels. It … Read more

Parag Parikh Flexi Cap Fund picks up another anti-ESG stock

Parag Parikh Flexi Cap Fund picks up another anti-ESG stock

After , Parag Parikh Flexi Cap Fund (PPFAS) has picked up another anti-ESG bet — . According to its latest disclosure dated May 31, the mutual fund scheme owned 19 lakh shares of Coal India. The popular mutual fund scheme, which has assets under management (AUM) worth over Rs 22,000 crore, is run by veteran … Read more

Coal India Q3 Results: Net profit dips 21% to Rs 3,085 crore, below Street estimates

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MUMBAI: today reported a 21.4 per cent year-on-year fall in its consolidated net profit for the quarter ended December to Rs 3,085.4 crore. The coal miner’s consolidated revenues in the quarter, however, rose 2.1 per cent to Rs 23,686 crore. Analysts had expected the company to report a consolidated net profit of Rs 4,014 crore … Read more