Sector: Chemicals
The rare side of Godrej Industries next boss Nadir Godrej
RPG Enterprises Chairman Harsh Goenka shared a video in which Nadir Godrej, MD of Godrej Industries, is seen reciting a moving poem for brother Adi Godrej marking his retirement as Godrej Industries Chairman. 79-year-old industrialist Adi Godrej will step down as chairman of Godrej Industries Ltd (GIL) after more than four decades, with effect from … Read more
Why stock prices decline when you buy and increase when you sell ?
Is there any logical explanation to this? I think there is – checkout if it makes sense.
Advent International to acquire controlling stake in RA Chem Pharma
Though Advent did not provide any financial details or the percentage of the stake to be acquired, sources in know of the matter said the deal gives RA Chem Pharma an enterprise value of around Rs 1,000 crore. They also said the PE firm is acquiring up to 60 per cent stake in the pharmaceutical … Read more
ET Analysis: Is Asian Paints innovating or piling on non-core businesses?
Asian Paints acquired a modular kitchen business in 2013, then a bathroom fittings business in the next year. With Covid striking, the company forayed into hand and surface sanitisers in May and has now announced the launch of floor and toilet cleaners. Is India’s largest decorative paints company innovating through its foray into growth-oriented consumer … Read more
Is it time to buy the Indian midcaps – Update December 31, 2019
4th note in the series… the last one for calendar year 2019 !