Market News
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Rising costs may hit smaller local Cos, says Unilever CEO Fernando Fernandez
Unilever has said that supply chain disruptions and rising crude-linked input costs could pressure smaller local competitors in India, potentially easing price competition in the consumer goods sector. Speaking during the company’s earnings call, CEO Fernando Fernandez noted that shortages faced by some local players in India and Southeast Asia may strengthen Unilever’s ability to pass on price increases in the future, particularly in categories such as laundry products.
Oil firms selling petrol at Rs 14 a litre loss, diesel at Rs 18
Indian oil companies face substantial losses on petrol and diesel sales. Elevated crude oil prices are squeezing marketing margins. Cooking gas LPG is projected to incur an Rs 80,000 crore under-recovery this fiscal. Fertiliser subsidies are also set to rise significantly. These pressures impact profitability across various sectors, with relief contingent on easing global tensions and supply chain normalisation.
In a sea of red, how a smallcap defence company delivered multibagger returns this year
Despite a challenging market, MTAR Technologies has delivered multibagger returns, surging nearly 100% in just over four months. The smallcap defence company's rally is driven by its critical role in the global clean energy and AI infrastructure supply chain, particularly its partnership with Bloom Energy. Analysts anticipate significant order inflows from this collaboration, though valuation concerns are emerging.
Balaji Amines says ammonia supply disruption easing, but stock falls
Balaji Amines said the global ammonia supply chain is now showing signs of improvement, allowing a gradual restart of production of ammonia-based products, including methylamines, ethylamines and their derivatives.
Alcobev margins to drop 150–200 bps as glass bottle shortage drives up costs: Crisil
India's alcoholic beverage industry is grappling with profit pressures this financial year. The skyrocketing costs of glass bottles, attributed to global supply chain disruptions, are set to impact earnings significantly. The pace of revenue growth is also anticipated to decelerate. Nevertheless, companies are adopting careful financial strategies to navigate these turbulent waters.
West Asia War: India could limit sulphur exports as supplies tighten, sources say
West Asia War: India may soon limit its sulphur exports. Industry groups have raised alarms about rising prices and supply chain issues. This move could further impact global sulphur costs. Middle Eastern supplies are already strained by regional conflicts. China will also restrict sulphuric acid exports next month. India relies heavily on imports for its sulphur needs.
Volvo Car India to recalibrate prices by up to Rs 1 lakh from May 1
In a move reflecting global economic trends, Volvo Car will implement a price increase of up to Rs 1 lakh for its vehicles in India effective May 1. The company cites international supply chain disruptions and currency variations as driving factors. If the economic climate doesn't improve, further hikes could follow.
US market outlook stable; India to gain from supply chain shift: Oppenheimer Asset Management
John Stoltzfus, MD and Chief Investment Strategist, Oppenheimer Asset Management, said that over the medium term, diversification of global supply chains and sectoral strengths in technology, healthcare, and manufacturing are expected to support growth across regions, including a potential recovery in India’s relative performance.
PLI 2.0 calls ring louder: India eyes 35% global mobile output; $130 billion production
India's electronics sector is set to significantly boost global mobile phone production. A new production-linked incentive scheme aims to achieve 30-35% of worldwide output by 2031. This ambitious plan targets substantial manufacturing and export growth. The initiative seeks to strengthen India's supply chain and manufacturing ecosystem.
Motherson partners Hellmann to strengthen auto supply chain business
Samvardhana Motherson and Hellmann Worldwide Logistics form a joint venture in Dubai to boost global supply chain capabilities. Shares of Samvardhana Motherson International Ltd ended lower on Thursday, March 19, by 5.12% at ₹111.75 on the NSE.
PepsiCo India expands Green Logistics with Kosi-Pataudi EV Corridor
PepsiCo India has launched an EV Green Corridor on the Kosi-Pataudi route. This initiative aims to reduce emissions in its supply chain. The company is also converting distributor vehicles to electric and deploying CNG vehicles in NCR. This move signifies a commitment to cleaner and future-ready logistics operations.
Renault bets big on new launches to regain lost market share, rolls out Duster at Rs 10.49 lakh
Renault is re-entering the Indian market with a renewed focus, launching the new Duster SUV and planning a lineup of fresh models. The company aims to reclaim lost market share, with a strong hybrid Duster variant slated for a festive season release. Despite global supply chain concerns, Renault's high localization ensures production remains unaffected.