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"Birla Opus is the latest new entrant in the decorative paints market, promising an incremental 40% addition to industry capacity, with aggressive sales and dealer acquisition targets," said CLSA's analysts Aditya Soman and Vatsal Dujari in a client note. "...we believe near term its growth and margins will not be immune to this competitive pressure although it may maintain its long-term market position."
In the December quarter, Zomato's food delivery margin rose despite an increase in the active restaurant base and a weak demand environment while quick commerce saw a better contribution margin, despite an accelerated increase in dark stores.
Higher platform fee may help Zomato pass on GST burden financialexpress.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from financialexpress.com Daily Mail and Mail on Sunday newspapers.
But equity bulls betting on a gold jeweller, with over 844 branches at last count, have managed to outshine even the yellow metal with a fascinating 801% return.