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Amber Group eyes $2 billion revenue milestone soon; invests Rs 6,750 crore in UP projects
Amber Group is poised to reach USD 2 billion in revenue soon, fueled by robust growth in its consumer durables, electronics, and railway/defence sectors. The company recently broke ground on a significant Rs 6,785 crore manufacturing expansion in Jewar, Uttar Pradesh. This includes a crucial PCB and semiconductor substrate unit via a joint venture, alongside an expanded air-conditioner complex, aiming for import substitution and future exports.
Q1 earnings preview: Here’s what Nomura expects from Nestle, Titan, other consumer majors’ June quarter results
Nomura expects consumer staples to deliver a strong start to FY27, forecasting double-digit sales growth for several companies in the June quarter. The brokerage is bullish on Nestle, Titan, Britannia, Tata Consumer and Marico, citing steady demand, pricing gains and margin support despite higher raw material costs.
Consumer companies ramp up festive production on demand hope
Leading electronics contract manufacturers such as Dixon Technologies and PG Electroplast highlighted a "high" double-digit increase in orders across categories including televisions, lighting products, washing machines, and refrigerators. PG Electroplast, which supplies to brands such as LG, Midea, Voltas, Whirlpool, and Daikin, said its festive order book has grown by 40% over last year. Dixon counts Samsung, Xiaomi, Haier, and Philips among its customers.
Smartphone brands brace for 9-10% festive sales drop as higher prices dampen demand
Smartphone sales are projected to dip by 9-10% this festive season as rising handset prices dampen consumer demand. Brands are strategizing with discounts, but these will be on inflated baseline prices. Manufacturers are securing components early to manage costs, while marketing budgets are being trimmed. Expect a focus on financing options like no-cost EMIs to encourage purchases.
Apple Hikes MacBook, iPad Prices By 20-42%: Check Revised India Rates
Price increases for consumer electronics are already widespread across the industry.
'Britannia, Dabur At Risk': Macquarie Flags Monsoon Risk For Rural Consumer Stocks; Check Top Picks
Macquarie prefers companies with stronger structural growth drivers and relatively better positioning. Its top picks in the consumer space are Titan, Lenskart, Marico and Hindustan Unilever (HUL).
Sony launches BRAVIA Theatre lineup, bets on India's growing home cinema culture
With the rise of streaming and gaming, Indian consumers are revolutionising their living spaces into entertainment hubs. No longer content with just televisions, there’s a noticeable move toward creating immersive, cinema-style atmospheres at home. This shift is significantly influenced by a desire for high-quality visuals and superior sound, impacting consumer choices and driving innovation in the home entertainment sector.
Stocks to Watch today: IRFC, Yes Bank, Ola, NLC India, Bajaj Auto, Infosys
Stocks to Watch today: IRFC, Yes Bank, Ola Electric, Bajaj Auto, Infosys, Tech Mahindra, City Union Bank, Rajesh Exports, PFC, Honasa Consumer are among other stocks that will be in focus today.
Stocks To Watch Today: HPCL, Honasa Consumer, Bajaj Auto, NLC India, IRFC & More
Here's a look at stocks that are likely to be in focus during the trading session on Wednesday.
Stocks in news: Vedanta, Honasa Consumer, IRCTC, Bajaj Auto, Tata Motors
Indian markets experienced profit booking, falling over a percent amidst a weak global trend. Key stocks like Vedanta, Honasa Consumer, IRCTC, Bajaj Auto, and Infosys are in focus due to significant developments. Vedanta saw a major promoter stake sale, while Honasa Consumer plans an acquisition. Bajaj Auto reported a ransomware attack, and IRCTC's CMD resigned.
Info Edge shares in focus as AI portfolio doubles to Rs 1,268 crore; total holdings at Rs 41,300 crore
Info Edge shares will be in focus after the company reported its AI startup portfolio has more than doubled to Rs 1,268 crore from Rs 614 crore. Overall startup investments are valued at about Rs 41,300 crore, driven by strong gains in consumer tech and steady growth in deeptech bets.
Nomura expects shares of this drugmaker to rise 37% on renewed branded generics, consumer biz focus
Nomura, in its note, said that Dr. Reddy's Laboratories has sharpened its focus on branded generics and consumer business, a shift reflected in acquisitions, organic investments and recent changes to the management council.