Nalco

For metal companies, Q4 likely was a season of some hits, some misses

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For metal companies, Q4 likely was a season of some hits, some misses

Metals companies are expected to report a mixed bag for the three months ended March (Q4FY24), with ferrous metal companies projected to see a drop in profits, while non-ferrous metal firms would likely be on a strong footing.  Despite an increase in volume, ferrous metal companies suffered from a decline in prices, worsened by higher … Read more

Small-, mid-caps erase most losses since mid-March

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Small-, mid-caps erase most losses since mid-March

“While the year-end profit booking, Sebi advisories to mutual funds to curb froth in smids (small- and mid-cap counters) and overvaluation in some counters caused the broader market indices to correct sharply till the middle of last month, selective picking by funds and other investors at lower levels erased the losses in the second-half, which … Read more