Delhi manufacturer’s doubling profit margins increased substantially lately Grover Jewells operates in India’s highly traditional gold jewellery sector focusing primarily on wholesale manufacturing. The company produces jewellery across multiple karat variants—22K, 20K, and 18K—offering plain gold pieces, studded designs, and semi-finished products. What began as a chain-manufacturing specialist has evolvedContinue Reading

The sneaker distributor’s margin explosion from 0.9% to 20%, so does it pass the muster?  Brandman Retail’s maiden public offering lands in the market. The footwear distributor wants Rs 86.09 crore at a price band of Rs 167-176 per share, valuing the 19-store operation at Rs 325 crore. The businessContinue Reading

Rising costs and tepid demand cloud near-term prospects for SAIL, even as long-term bets hinge on execution Steel Authority of India Ltd is caught in a perfect storm of margin pressure and execution uncertainty. Two recent broker reports paint a picture of a company treading water—delivering volume growth but strugglingContinue Reading

The India-U.S. trade deal offers breathing room for a currency that’s been on the ropes. But can improved sentiment overcome the structural headwinds that have plagued the rupee for over a year? The Indian rupee rebounded to around 90.5 per dollar on Monday, pulling back from 92 touched just lastContinue Reading

Stationery maker’s diverse bets deliver growth, but 60x earnings multiple leaves little room for slip-ups DOMS Industries Ltd. isn’t reinventing the wheel—it’s just making better pencils, pens, and now premium bags. The third-quarter performance exemplifies the company’s steady-as-she-goes approach: consolidated revenue climbed 18% year-over-year to Rs5.92 billion, EBITDA grew 18%,Continue Reading

New plant costs and commodity pressures squeeze margins even as export machine roars to life Hyundai Motor India Ltd.’s third-quarter earnings tell two stories at once. Revenue climbed a respectable 8% year-over-year to Rs179.7 billion, powered by robust export demand and fresh product launches. Yet profitability stumbled, with EBITDA ofContinue Reading

Budget panic, Trump euphoria, and what long-term investors should ignore  Forty-eight hours can change sentiment, and how. On Sunday, Finance Minister Nirmala Sitharaman delivered her ninth consecutive budget, and markets responded by wiping out Rs 10 lakh crore in investor wealth—the worst Budget-day showing in six years. By Monday night,Continue Reading