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Realty firms are on a high after last year's spending spree to buy land

New Delhi, June 9 -- Listed residential real estate companies are focusing on increasing their capital expenditure (capex) towards acquiring new land parcels. On an aggregate basis, developers utilise... Read More


KEC is making amends to repair margin, allay debt concerns

New Delhi, June 5 -- KEC International Ltd's problems of weak margin profile in select segments, elevated debt, and an elongated working capital cycle are set to ease. The capital goods company is pr... Read More


PMI: India's services exports bump may lose steam amid global economic gloom

New Delhi, June 4 -- Business momentum in India's services sector was steady in May. The seasonally adjusted HSBC India Services PMI Business Activity Index rose to 58.8 last month from 58.7 in April.... Read More


Prestige Estates makes room for a better FY26 as approval delays ease

New Delhi, June 2 -- Prestige Estates Projects Ltd put up a decent show in the March quarter (Q4FY25) with pre-sales or bookings at Rs.6,957 crore, up 48% year-on-year. Last quarter, it launched 14.03... Read More


Amara Raja's March quarter margin is an irritant. More trouble ahead?

New Delhi, June 2 -- There was an important takeaway from Amara Raja Energy and Mobility Ltd's management commentary in the March quarter (Q4FY25) earnings call. The company is unlikely to see respit... Read More


JK Lakshmi's ambitious targets are not without obstacles

New Delhi, May 30 -- After five quarters of mostly muted volume growth, JK Lakshmi Cement Ltd. delivered a double-digit 10.3% uptick to 3.6 million tonnes in the March quarter (Q4FY25). Pent-up deman... Read More


Intense competition hurts paint companies' profitability; more pain in the offing

New Delhi, May 29 -- Competition in India's paintssector is becoming cut-throat amid subdued demand. To protect their market share, incumbent paint companies are enhancing brand visibility and distrib... Read More