True, pent-up demand aided Q3FY26 earnings performance of paint makers, but Q4FY26 has been rough. A Yes Securities report dated 4 March said the price war has eased a little compared to the last two years; While there were pockets of growth, demand in FY26 hasn’t picked up as expected. “Q4FY26 is likely to be…
“The US CFR (Code of Federal Regulations) petroleum coke prices rose around $13/tonne month-on-month in February, with spot levels reaching around $135/tonne, marking a 52-week high. This implies a cost escalation of about Rs140-150/tonne (about Rs7-8/bag),” said JM’s report dated 1 March. Source
Shares of cigarette manufacturers ITC, Godfrey Phillips India and VST Industries surged up to 11% on Wednesday, February 18, extending their winning run amid reports of price hikes. Several media reports stated that these companies have raised prices to offset the impact of the excise duty increase. The price hikes are expected to limit the…
