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
Mumbai: Chemical producers may post moderate profits in the June quarter, but investors could consider buying some of the beaten-down names in the sector. SRF, , , , , , , and are among analysts‘ top picks in the sector. Shares of various chemical companies have been under pressure in recent months on account of … Read more
Rising prices for raw materials, including nickel and copper, accelerated by Russia‘s invasion of Ukraine were having a “big” impact on Panasonic Corp, with the Japanese industrial giant only able to pass on some of those increases to its customers, the CEO said. “We are able to pass on costs to some business clients depending … Read more
Analysts have upgraded the company’s earnings estimates by 15-20% for FY22. Synopsis The growth in exports was on account of a strong demand recovery across regions, dollar availability in the export markets, stable crude prices in energy exporting countries and stable currency movement in export markets. ET Intelligence Group: The stock of the two-wheeler maker … Read more