MF Tracker: LIC, Damani’s Avenue Supermarts among top largecap stocks sold in May

MF Tracker: LIC, Damani’s Avenue Supermarts among top largecap stocks sold in May

Franklin Templeton Asset Management sold 0.1% of its holding in LIC last month, while Union Mutual Fund exited the company by selling all its holdings. One other D-Street favourite that was dumped by MFs was Radhakishan Damani’s Avenue Supermarts. Indiabulls Mutual Fund, Union Mutual Fund, and Groww Mutual Fund were sellers in the D-Mart retail … Read more

We are making certain investments in strategic areas to enhance our ability: Anuj Jain, Kansai Nerolac Paints

We are making certain investments in strategic areas to enhance our ability: Anuj Jain, Kansai Nerolac Paints

” I can only say that there is possibility of improvement from here on and as I said that the gross margins will definitely improve. So, to that an extent our investment in the top line, the growth initiative will also be there,” says Anuj Jain, MD, Kansai Nerolac Paints. Do you think the market … Read more

Q3 results this week: L&T, Bajaj Finserv, Sun Pharma, Tech Mahindra, Ashok Leyland and others

Q3 results this week: L&T, Bajaj Finserv, Sun Pharma, Tech Mahindra, Ashok Leyland and others

Various widely tracked companies like L&T, Bajaj Finserv, Sun Pharma, Coal India, Tech Mahindra, Britannia, Ashok Leyland and Jubilant FoodWorks would be releasing their December quarter report cards this week. Here’s a list: January 30 Larsen & Toubro, Bajaj Finserv, Tech Mahindra, Bharat Petroleum Corporation, Bajaj Holdings & Investment, GAIL, SRF, , REC, Laurus Labs, … Read more

Asian Paints looks to ramp up home décor business. Will it emerge successful?

Asian Paints looks to ramp up home décor business. Will it emerge successful?

Asian Paints is one of the biggest paint companies in the industry with a strong distribution channel as its moat. It has four major business segments: decorative, international, industrial and home improvement. Each business segment has a different set of opportunities and challenges. The paint industry is highly dependent on the performance of the real … Read more