Tuesday, September 08
ET Intelligence Group: Trend in raw material and product prices shaped the performance of metal companies in the June 2025 quarter. Ferrous producers recorded strong profit growth supported by higher domestic prices and softer coking coal costs. In contrast, non-ferrous players delivered muted results as weaker aluminium and zinc prices lowered realisations and squeezed profitability."Steel producers handled sequentially lower volumes comfortably, aided by firm prices and falling coking coal costs," said Yes Securities in a note.Steelmakers' operating margins before depreciation and amortization (EBITDA margin) benefited from a $10-15 per tonne fall in imported coking coal, easing pressure on costs. Tata Steel and JSW Steel reported strong earnings, while SAIL underperformed as inventory d
Motilal Oswal Securities has reaffirmed optimism on India’s consumer sector after a steady first quarter. Its top bets are Hindustan Unilever, Godrej Consumer, Marico, Page Industries, Titan, P N Gadgil, and Restaurant Brands Asia. 123553243The brokerage expects a broad-based recovery in FY26, driven by easing inflation, potential rate cuts, tax benefits, and a strong festive season demand pipeline. Jewellery and liquor companies have sustained their outperformance, while discretionary consumption showed early signs of revival, it said.
