Arnab Banerjee, MD & CEO, Ceat, says price hikes will continue because the pass-through to the tyres per se is inadequate if cumulative price hikes from April to August are taken. Ceat has been able to pass on maybe 4%, in barely a couple of categories, but in a large number of categories, they have … Read more
HSBC initiated coverage on Krishna Institute of Medical Sciences (KIMS) with a ‘buy’ rating while assigning ‘reduce’ rating to Global Health (Medanta) and Narayana Hrudayalaya. The brokerage has a ‘buy’ rating on Apollo Hospitals and Aster Healthcare. “We retain our positive view on the growth outlook for the hospital sector on intact structural drivers: An … Read more
“FMCG companies are extremely agile and they will also enjoy higher profit growth, higher EBITDA margins. Also they will not at all pass on the full benefit to the customer because last two years they have gone through this pain also,” says Abneesh Roy, Nuvama Group. When you look at the kind of numbers posted … Read more