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Compass News
IIP: No signs of a bottom The data on industrial production, despite its volatility, seem to suggest the growth-inflation dynamic has reached a critical point from where a rate cut is inevitable. The index of industrial production (IIP) expanded 4.1 per cent year-on-year in February and 2.4 per cent month-on-month in seasonally-adjusted terms. However, the January figure was revised to 1.1 per cent, from 6.8 per cent reported
Page Industries: Stitching up a growth story
Even as market pundits debate between cyclicals and defensives, stock-pickers are busy hunting for the next TTK Prestige or Jubilant FoodWorks. Clearly, India’s consumption story remains a
Crude oil prices may remain capped till June
The new financial year may have started on a subdued note, but there’s good news on the crude oil front. Oil analysts believe the probability of a correction in crude prices by the next month
New discoveries a positive for Cairn India
Idea: Valuations have priced in the growth
Of all the listed telecom service providers, Idea’s performance over the last few quarters has been most impressive. Monthly subscriber additions and the quality of its earnings have outpaced
Positive Q4 outlook for consumer goods companies
Consumer goods companies are on a roll. Stock prices of most of these companies are heading north. The BSE FMCG index has risen nearly 12 per cent in the last three months and 7.5 per cent in the |
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