Shares of Andhra Pradesh-based companies continued their rally at the bourses even as the headline indices remained muted on Monday. The surge, which started since Chandrababu Naidu’s thumping victory in the state’s assembly elections, meant that some of these companies including KCP have rallied up to 40% in the last four sessions. Andhra Cements was … Read more
The Assam Rifles, along with the Manipur Police, apprehended two militants belonging to the People’s Liberation Army (PLA) and Kangleipak Communist Party (KCP) on Tuesday night. The militants were handed over to Nambol and Irilbung police station for further investigation. Days after five of its members were killed in an ambush in Manipur, the Assam … Read more
Across the world, supply vs demand mismatches are fuelling inflationary pressure. In such circumstances, contrary to the popular notion of high-quality stocks taking a beating, history shows that such companies have outperformed the broader market even more strongly (when CPI inflation exceeds 6%) on revenue growth, profit margins and shareholder returns. This construct bodes well … Read more