Soaring commodities an earnings risk: BofA

“Most firms are pushing for cost curtailments to avert cost-push, but we believe, margin pressures cannot be ruled out,” the brokerage said. Synopsis Sectors such as discretionary, materials, staples, energy and industrials could be most at risk, while healthcare and utilities should be able to pass on commodity cost pressures, the brokerage said. Financials and […]

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Unlisted companies to see significant reduction in compliance burden from FY22

The compliance burden on unlisted Indian companies is set to get lighter as the government relaxed the rules governing such firms which are listed overseas or have listed debt securities. In an amendment to the Companies (Specification of definitions details) Rules on Friday, the ministry of corporate affairs (MCA) allowed certain classes of unlisted companies […]

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Lower input costs, capex to boost specialty chemical stocks

Aarti Industries’ management remains confident of embarking on a strong growth trajectory from FY22 given improvement in demand across specialty chemicals and pharma. Synopsis Aarti Industries, Alkyl Amines, Balaji Amines, Navin Fluorine, Galaxy Surfactants, Sudarshan Chemical, NOCIL and Deepak Nitrite are among the top picks. Mumbai: Specialty chemical companies have witnessed a smart recovery in […]

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