Newspaper stocks have been facing challenging times in the last two years with increasing newsprint costs, lower advertisement revenues and disruption in reading patterns. In the past 12 months, There has been substantial correction in the stock prices of Key…
When expectations are running low, the scope for positive surprises is high. Ashok Leyland Ltd, whose shares have more than halved in the past year, is a case in point. In the December quarter (Q3), its sales volume, revenue and…
The sector regulator proposed continuation of current incentives. In a positive surprise, the draft note from the Central Electricity Regulatory Commission (CERC) suggests continuation of the 15.5% regulated return on equity (RoE) for generation and transmission companies. The regulated RoE…
IT firm, Wipro Limited, said that, “it has taken over the strategic design consulting team at Syfte, an Australian design agency which uses human-centred design thinking to solve compelling client challenges. Syfte’s team of designers will be absorbed within Designit,…