Market litmus may turn red for chemicals sector

The chemicals sector’s recovery could be delayed until FY25 if the current trends of weak demand and flat pricing continue. Photograph: Lisi Niesner/Reuters Following a subdued September......

Equity market valuation rises as US bond yields ease

The Indian equity market valuation has been moving in tandem with the US 10-year treasury yield. Illustration: Uttam Ghosh/Rediff.com While the benchmark US bond yield has witnessed a nearly 70......

Near-term headwinds may delay UPL recovery

UPL, the country’s largest agrochemical company, had a weak July-September quarter (Q2), reporting a sharp fall in revenues across geographies. Overall, the revenues were down 19 per cent on......

Growth and margin uptick critical for gains in Divi's Laboratories

The September-quarter (second quarter of financial year 2023-24, or Q2FY24) performance of Divi’s Laboratories fell short of analyst expectations, especially on the profitability metric.......