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Chart beat: Inflation can be a party pooper, say fund managers

New Delhi, Feb. 16 -- Global growth optimism has peaked since February 2022 as fund managers anticipate the global economy to avoid a recession, showed the latest BofA Global Fund Manager Survey. Howe... Read More


Prestige Estates: Keep one eye on launches, another on debt

New Delhi, Feb. 15 -- Prestige Estates Projects Ltd put up a decent show in the December quarter (Q3FY24). Pre-sales for the quarter stood at Rs.5,326 crore, taking the total for the first nine months... Read More


Why Phoenix Mills investors are in wait-and-watch mode

New Delhi, Feb. 14 -- The opening of four new malls pushed The Phoenix Mills Ltd's consolidated revenue up 44% year-on-year in the December quarter (Q3FY24). Consumption, a key metric for the mall dev... Read More


Office, hospitality segments hold key for Brigade Enterprises march

New Delhi, Feb. 13 -- The south India focused real estate developer, Brigade Enterprises Ltd, is betting big on its office leasing and hospitality segments. The optimism is being driven by key metrics... Read More


Chart Beat: Tough March quarter for cement companies?

New Delhi, Feb. 12 -- Pricing trends in the domestic cement industry have remained subdued for a while now. According to a recent dealers channel check by Jefferies India, there was a 1.5% decrease in... Read More


Apollo Tyres: At the mercy of margin amid muted demand

New Delhi, Feb. 12 -- Apollo Tyres Ltd managed to sail through the December quarter (Q3FY24), but bleak demand prospects led investors to book profit in its shares. The stock slipped about 5% on Frida... Read More


Chart beat: Private insurers grab the limelight with stellar show in January

New Delhi, Feb. 8 -- Private insurance companies clocked rapid growth in January. A key metric - the individual annualised premium equivalent (APE), for private firms rose 20% year-on-year (y-o-y) in ... Read More


Godrej Properties' debt overshadows robust pre-sales

New Delhi, Feb. 7 -- Godrej Properties Ltd is on the way to exceeding its target of Rs.14,000 crore for bookings in FY24, thanks to a healthy launch pipeline. In the nine months to December, pre-sales... Read More


Godrej Properties' robust pre-sales offset debt drag

New Delhi, Feb. 7 -- Godrej Properties Ltd is on the way to exceeding its target of Rs.14,000 crore for bookings in FY24, thanks to a healthy launch pipeline. In the nine months to December, pre-sales... Read More


Godrej Properties Ltd's debt overshadows robust pre-sales

New Delhi, Feb. 7 -- Godrej Properties Ltd is on the way to exceeding its target of Rs.14,000 crore for bookings in FY24, thanks to a healthy launch pipeline. In the nine months to December, pre-sales... Read More