Cost pressures cap the earnings outlook for cement manufacturers

Cost pressures cap the earnings outlook for cement manufacturers

NEW DELHI : Cost pressures will continue pose headwinds for manufacturers, even as the Adani family’s recent mega acquisition of Holcim’s Indian assets has reaffirmed the prospects of the cement sector. Cement makers have increased prices several times in the last few months as demand picked up. However, price improvement continues to lag soaring costs. […]

Indian stock market week ahead: Five factors to look for

Indian stock market week ahead: Five factors to look for

By Gyanendra Kumar Keshri | Updated: May 22, 2022 18:44 IST Mumbai (Maharashtra) [India], May 22 (ANI): Snapping five consecutive weeks of losing streak, the Indian stock markets’ key indices gained around 3 per cent during the week ended May 20.There was extreme volatility at Dalal Street during the week. The key indices, Sensex and […]

Petco Stock a “Good Place to Hide,” Says Needham

Petco Stock a “Good Place to Hide,” Says Needham

By Sam Boughedda Investing.com — In a note to clients Friday, Needham analyst Anna Andreeva maintained a Buy rating and a $30 price target on Petco (NASDAQ:). The analyst told investors ahead of the company’s earnings release next week, May 24th, that Petco stock is a “good place to hide” due to the replenishment demand in […]