LAKSHMI
Stars aligning to create a pathway for corporate India to borrow cheaper: Lakshmi Iyer
No, clearly, if you are looking at the current scenario, whether it is on the fiscal front, whether it is on the inflation front, or whether it is on the flow front, in terms of creating another additional demand lever, the stars seem to be aligned to ensure that the confluence of all of these factors are set to drive interest rates lower further. Of course, we need to have the icing on the cake, which is the policymaking from the central banker, which obviously is impending and may not really manifest itself in a big hurry.
Strong demand in cement for next 1-2 yrs; 5 stocks to bet on: Ronald Siyoni
Ronald Siyoni, says there is an intention within the sector to go ahead with the cement price hike. We have seen about 1.5% odd price hikes during June on an average on a pan-India basis, but still, pan-India prices remain lower sequentially for quarter one of FY25 by about 3% to 4%.
4.37 lakh girl students enrol for 2 financial aid schemes in Gujarat
Nearly 4.37 lakh girls have registered for financial assistance under two schemes launched by the Gujarat government in March, aimed at providing support to female students from Classes 9 to 12. The schemes, 'Namo Lakshmi Yojana' and 'Namo Saraswati Vigyan Sadhana Yojana', have garnered significant interest as part of the 'Shala Praveshotsav - Kanya Kelavni Mahotsav 2024', an initiative to enroll students in Class 1 in Gujarat.
Buy JK Lakshmi Cement, target price Rs 915: Axis Securities
JK Lakshmi Cement Ltd., incorporated in the year 1938, is a Mid Cap company (having a market cap of Rs 9771.32 Crore) operating in Cement sector.
NBFCs need to focus on compliance, risk and liquidity, says RBI executive director R Lakshmi Kanth Rao
Non-banking finance companies (NBFCs) were advised by RBI executive director R Lakshmi Kanth Rao to prioritize compliance, risk management, liquidity management, and customer protection. Rao emphasized the regulatory differences between banks and NBFCs, noting the need for NBFCs to enhance compliance systems and balance business with prudence.
Congress ministers in Karnataka government getting ready for Maharashtra battle
Emboldened by the party's Lok Sabha performance, Congress leaders in Karnataka have now set their sights on winning assembly polls due in neighbouring Maharashtra in a few months. People in the know told ET that Karnataka ministers such as MB Patil, Satish Jarkiholi, Lakshmi Hebbalkar and others are likely to campaign for the party in the border districts of Maharashtra.
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Ambuja Cement's acquisition of Penna will spur sector consolidation: Ronald Siyoni
On the demand front, we have seen the cement demand has improved during May, while the companies have also started to initiate price hikes during May. So, there have been some positive developments.
PSU banks still remain top bet in financial space: Rahul Shah
I think the mood is very positive. Obviously, as you rightly said, a lot of people missed out last Tuesday when we saw the sell-off in the markets and obviously, so I think luckily most of them are still holding on to their positions and not sold it and they are just riding it.
RBI appoints R. Lakshmi Kanth Rao as new Executive Director
The Reserve Bank of India (RBI) has appointed R. Lakshmi Kanth Rao as its new Executive Director, effective May 10. Rao will oversee the Deposit Insurance and Credit Guarantee Corporation, Right to Information Act (FAA), and Department of Communication. Rao has over three decades of experience in various domains, including Banks and NBFCs regulation, supervision, and consumer protection.
Union Minister, ex-CMs in north Karnataka's Lok Sabha battleground
Union Minister Pralhad Joshi, along with former chief ministers Basavaraj Bommai and Jagadish Shettar, as well as AICC President Mallikarjuna Kharge's son-in-law Radhakrishna Doddamani, are among the 227 candidates contesting in the 14 constituencies of northern Karnataka on Tuesday. Ministers Lakshmi Hebbalkar, Shivanand Patil, Eshwar Khandre, and Satish Jarkiholi are aiming to introduce their offspring into electoral politics through the upcoming LS polls.
Madras HC orders RBI to conduct comprehensive asset valuations for DBS and Lakshmi Vilas Bank
Madras High Court has directed RBI to reevaluate DBS Bank India and LVB pre-amalgamation, influencing share value/write-off decisions within four months, in response to bondholders' suit, highlighting transparency and fairness for stakeholders.
Amit Shah declares more than Rs 1 crore worth of shares in each of these 10 stocks
BJP leader Amit Shah has declared a diverse stock portfolio, with investments in over 180 companies. Their top 10 stock bets are concentrated in specific companies, with significant holdings in various sectors like banking, FMCG, and pharma.
Kumaraswamy apologies for ‘rural women losing their way’ remark, says he respects women as ‘mothers’
Former chief minister HD Kumaraswamy expressed regret on Monday for his comments on rural women, which drew backlash from the ruling party. "If my words have hurt them, I'm willing to express my regrets. My words weren't meant to hurt any woman," he stated.
Chikkaballapur Lok Sabha Elections 2024: Candidate, issues, poll date, and result
Chikkaballapur Lok Sabha seat, comprising both urban and rural areas, faces persistent water issues that have yet to be resolved by past representatives. Congress and BJP candidates, MS Raksha Ramaiah and Dr. K Sudhakar, respectively, promise to address these issues. JD(S) support, traditionally against Congress, might shift to BJP. While some voters appreciate government schemes, others, like Pravalika S, are concerned about their economic impact. Caste dynamics and candidates' ability to resolve the water crisis are key factors influencing voter decisions in this constituency.
With over Rs 716 cr, Kamal Nath's son is richest candidate in Phase 1 of Lok Sabha polls; Here's the complete list
Former Madhya Pradesh Chief Minister Kamal Nath's son, Nakul Nath, is the richest candidate in the first phase of the Lok Sabha elections with assets worth Rs 716 crore. His candidacy from Chhindwara, a Congress stronghold, underscores the financial stakes in Indian politics. The elections, scheduled in seven phases starting from April 19, will be closely watched for their political and financial implications.
No need to stagger investment; put in lump sum in some of the hybrid strategies: Lakshmi Iyer
Lakshmi Iyer suggests strategies for lump sum investments in equity and debt portfolios, emphasizing largecap skew in equity allocation. Discusses concerns about inflation, bond yields, and foreign investors anchoring bond yields. She points out that after 20 years, we are seeing the future price of copper trade about $100 higher. It is in some sort of a contango mode. The seasonality of food prices will continue to weigh on sentiments from every central banker perspective and hence the plateauing or an extended pause seems to be the way out for rates.
Big movers on D-Street: What should investors do with CG Power, JK Lakshmi and Metro Brands?
Stocks that were in focus included names like CG Power, which jumped nearly 1%, JK Lakshmi, which fell 3%, and Metro Brands, whose shares declined 0.4% on Friday.
Bandhan Flexi Cap mutual fund's current return profile remains poor; should you remain invested?
We examine the key fundamentals of the fund, its portfolio and performance to help you make an informed investment decision.
Lakshmi Machine Works hands over major component of launch vehicle to ISRO
The Advanced Technology Centre of Lakshmi Machine Works (LMW) has delivered an indigenously developed component, the ogive payload fairing, to ISRO. This fairing, the uppermost structure of a launch vehicle, carries satellites into orbit. LMW, a leading manufacturer headquartered in Coimbatore, established the LMW Advanced Technology Centre in 2010 to produce composite structural products for the space and aviation sectors.
Banda jail superintendent receives death threat hours after Mukhtar Ansari's death, case lodged
After Mukhtar Ansari's death, the Banda jail superintendent faced a threat call. Ansari's health deteriorated, leading to hospitalization for cardiac arrest. A magisterial inquiry followed amid opposition party concerns over his alleged 'slow poisoning' death in jail.
Technical Breakout Stocks: How to trade Lakshmi Machine Works, ABB India and Bajaj Auto on Thursday
Sensex jumps over 500 points today. Capital goods, consumer durables, realty, and power stocks saw buying action while public sector, IT, metal and FMCG stocks saw selling pressure.
Weekly Top Picks: These stocks scored 10 on 10 on Stock Reports Plus
Stock Reports Plus, powered by Refinitiv, undertakes detailed company analysis for 4,000+ listed stocks. In addition to detailed company analysis, the report also collates analysts’ forecasts and trend analysis for each component. An average score in Stock Reports Plus is calculated by undertaking quantitative analysis of five key investment tools - earnings, fundamentals, relative valuation, risk and price momentum.
Weekly Top Picks: These stocks scored 10 on 10 on Stock Reports Plus
Stock Reports Plus, powered by Refinitiv, undertakes detailed company analysis for 4,000+ listed stocks. In addition to detailed company analysis, the report also collates analysts’ forecasts and trend analysis for each component. An average score in Stock Reports Plus is calculated by undertaking quantitative analysis of five key investment tools - earnings, fundamentals, relative valuation, risk and price momentum.
Buy JK Lakshmi Cement, target price Rs 1030: Motilal Oswal
JK Lakshmi Cement Ltd. key Products/Revenue Segments include Cement, Clinker and Other Operating Revenue for the year ending 31-Mar-2023.
Weekly Top Picks: These stocks scored 10 on 10 on Stock Reports Plus
Stock Reports Plus, powered by Refinitiv, undertakes detailed company analysis for 4,000+ listed stocks. In addition to detailed company analysis, the report also collates analysts’ forecasts and trend analysis for each component. An average score in Stock Reports Plus is calculated by undertaking quantitative analysis of five key investment tools - earnings, fundamentals, relative valuation, risk and price momentum.
Buy JK Lakshmi Cement, target price Rs 1000: Axis Securities
JK Lakshmi Cement Ltd. key Products/Revenue Segments include Cement, Clinker and Other Operating Revenue for the year ending 31-Mar-2023.
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