Downgrades pile up as UPL grapples with sticky problems; stock plummets
Most analysts believe the next couple of quarters will be tough for the agrochemicals leader; focus on Q2 earnings.
Stay updated with breaking news from Sumant Kumar. Get real-time updates on events, politics, business, and more. Visit us for reliable news and exclusive interviews.
Most analysts believe the next couple of quarters will be tough for the agrochemicals leader; focus on Q2 earnings.
Ranchi: The members of Jharkhand Prashikshit Sahak Adhyapak Sangh (para teachers) demonstrated outside the ruling Jharkhand Mukti Morcha (JMM) party’s.
The weak April-June quarter (first quarter, or Q1) results of the largest listed specialty chemical maker, SRF, and multiple global headwinds for the sector are expected to weigh on the prospects of Indian specialty chemical companies in 2023-24 (FY24). Stocks in the sector (down 7-18 per cent) have underperformed the benchmarks (up over 10 per cent) in the past three months, and given the multiple challenges, the trend is likely to continue. Kotak Institutional Equities expects a very weak quarter (Q1FY24) for the sector due to destocking, demand weakness across certain critical end-use indus...
There are around 70-80 students in my classroom… four students have to sit on the same bench which is very uncomfortable,” preeti neet aspirant
Notably, Jharkhand Police had more than half a dozen encounters with the squad of PLFI supremo Dinesh Gope last year. Gope escaped every time.