Wednesday, January 15, 2020

Stock Market 14-Jan-2020

Stock Market 14-Jan-2020


Stock Market Update

Corporate News-

Q3 earnings preview: Benign raw material prices to aid FMGC players' margins; volume growth to be tepid.

December retail inflation reaches 7.35%, breaches RBI's upper end target.

Blackstone to invest ?380 crore in Allcargo Logistics’ warehousing business.

Slowdown is widespread, but uptick in consumption not far away, says ITC boss Sanjiv Puri.

Siemens to support Australian coal project despite protests.
Management Speaks-

"See revival in demand for HCVs; expect 8-9% AUM growth for FY20, says Shriram Transport Finance," – Umesh Revankar, MD, 

Shriram Transport Finance.
 “Robust international sugar prices to help propel domestic market up” – Tarun Sawhney, VC and MD of Triveni Engineering.



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