Stay updated with breaking news from Centrum Broking. Get real-time updates on events, politics, business, and more. Visit us for reliable news and exclusive interviews.
Crompton Greaves Consumer Electricals' shares hit a 20-month high after strong March quarter results. ECD segment sales grew by 14%, driven by fans, pumps, and appliances. Company achieved record revenue with a 40 basis point increase in gross margin.
Titan's growth will be led by its jewellery segment, as the improved wedding segment performance is set to drive performance.
Emudhra, a leading certifying authority in India, has seen its stock value surge by 245% in the past year, reaching ₹738.40. Centrum Broking in its recent note revised its price target price on the stock to ₹832 apiece. Reflecting on a strong spike in the share price, it adjusted its rating.
However, in the current context of subdued cement prices and heightened competition, these positives may be overshadowed
Factors driving high air fares are the issues at Vistara, Pratt & Whitney engine issues and increased travel because of the upcoming elections