Novo said on Friday its current CEO will step down The obesity drug maker has struggled to compete against U.S. rival Eli Lilly American CEO may be better to deal with a Trump admin, analysts said By Patrick Wingrove and Maggie Fick May 16 – As Denmark’s Novo Nordisk shops for its next CEO to…
Asian Paints Ltd is caught in a double whammy of weak demand and increased competition from new and existing companies. This severely hurt the paint maker’s crucial decorative paints business and FY25 ended up being one of its worst years in a long time. Consolidated net profit after minority interest at ₹3,667 crore in FY25…
Stocks in focus today: Titan, Tata Group’s jewellry-to-eyewear brand, saw its share price jump 4.8% in early trade on Friday, May 9, reaching a 2-month high of ₹3,530 apiece, even as the broader market traded in the red. The rally came as investors cheered the company’s March quarter performance, which beat analyst estimates and led…
Stocks to buy: CCL Products (India) share price rallied 30% over the last two sessions to hit a 4-month high of ₹772 apiece, driven by the company’s stellar March quarter (Q4FY25) performance, which came in above Street estimates. The strong results sparked a surge in demand for the company’s shares on Dalal Street, even as…
“Margins would have been flat in Q4 on a q-o-q [quarter on quarter] basis as it already saw sharp improvement in the previous quarter. We don’t expect a similar massive improvement in margins in the near term,” said Karan Taurani, analyst at Elara Capital. Swiggy is likely to see a sharper rise in margins than…