Latest news with #ConsumerDurables
Hans India
3 days ago
- Automotive
- Hans India
Trade Setup for July 16: Nifty rebounds above 25,200; Market remains cautiously optimistic
The Indian stock market staged a strong recovery on Tuesday, snapping a four-session losing streak as the Nifty climbed 114 points to close at 25,196. The rally was driven by a positive global setup, cooling domestic inflation, and broad-based buying across sectors. After opening on a firm note, the benchmark index steadily gained through the day, reclaiming the 25,200 level and closing near the session's high. The Sensex and Nifty both rose 0.5%, while the Nifty Midcap index outperformed with a 1% gain. The Nifty Smallcap 100 also hit its highest level since the rally began in April. All sectoral indices ended in the green, with Auto, Healthcare, Pharma, and Consumer Durables among the standout performers. Sentiment was buoyed by June CPI data, which fell to a 77-month low of 2.1%, easing rate concerns and providing a tailwind to equities. Among stocks, HCL Technologies was the top Nifty laggard, falling over 3% after the company cut its FY26 margin guidance. This led to a mixed response from brokerages, citing near-term margin pressures. Looking ahead, market attention will turn to key earnings releases from Tech Mahindra, L&T Technology Services, ITC Hotels, and Ixigo. Meanwhile, Trent is also in focus after athleisure giant Lululemon announced plans to debut in India via a retail and e-commerce partnership with Tata CLiQ. From a technical perspective, analysts remain cautiously optimistic. Nagaraj Shetti of HDFC Securities said a sustained move above 25,350 could drive further upside. Rupak De of LKP Securities noted that while Nifty faced resistance around 25,250, a breakout above 25,260 could pave the way to 25,400. However, if the index fails to hold above 25,260, it may retest support at 25,000 or even 24,900. Vikram Kasat of PL Capital and Nandish Shah of HDFC Securities echoed similar views, citing strong support near 25,000 and resistance around 25,325–25,331. Shah also advised long traders to maintain a stop loss at 25,000. As the market digests earnings and awaits global cues, including US CPI data, traders will watch if bulls can build on this recovery or face renewed resistance.
Mint
08-07-2025
- Business
- Mint
FPI Tracker: Financials, Oil & Gas drive June inflows; Power, FMCG see sell-off; Here's where the money went
Foreign portfolio investors (FPIs) continued their buying streak in Indian equities for the third consecutive month in June 2025, signaling a strong start to the financial year 2025–26. According to NSDL data, FPIs net purchased Indian stocks worth ₹ 14,590 crore during the month, following net inflows of ₹ 4,223 crore in April and ₹ 19,860 crore in May. While June ended on a positive note, the majority of FPI buying was concentrated in the second half of the month. Between June 1–15, FPIs net sold equities worth ₹ 5,404 crore. However, this was offset by robust inflows of ₹ 19,991 crore during the second fortnight of the month. FPIs exhibited selective buying in Indian equities during June 2025, with a clear preference for Financial Services, Oil & Gas, Automobiles, and Telecommunication sectors. At the same time, sectors like Power, FMCG, and Consumer Durables faced the brunt of selling pressure. Financial Services: Financial Services topped the chart with net inflows of ₹ 8,946 crore. The sector attracted sustained interest throughout the month, with ₹ 4,685 crore coming in during the first half and ₹ 4,261 crore in the second. Oil, Gas & Consumable Fuels: The Oil & Gas sector saw strong inflows of ₹ 6,137 crore, largely driven by second-half purchases worth ₹ 4,938 crore. The sector likely benefited from improving energy demand and global crude market trends. Automobile and Auto Components: Despite a marginal outflow of ₹ 296 crore in the first half, the auto sector saw a sharp turnaround with ₹ 5,020 crore in inflows during the second half, taking the monthly total to ₹ 4,724 crore. Telecommunication: The telecom sector received ₹ 2,733 crore in net inflows, led by a significant ₹ 3,620 crore investment in the second fortnight. This was despite net selling of ₹ 887 crore in the first half. Information Technology: IT stocks drew ₹ 1,166 crore in net FPI inflows, bolstered by ₹ 2,879 crore in the second half, suggesting renewed optimism in the sector's earnings outlook. Other notable gainers included Consumer Services ( ₹ 1,348 crore), Realty ( ₹ 1,341 crore), and Chemicals ( ₹ 2,392 crore). Power: The Power sector faced the steepest FPI selling in June, with net outflows of ₹ 6,311 crore. The selling was consistent across both halves of the month. Fast-Moving Consumer Goods (FMCG): FMCG stocks witnessed net outflows of ₹ 3,985 crore, with most of the selling concentrated in the first fortnight ( ₹ 3,626 crore). Consumer Durables: The sector saw sustained FPI outflows of ₹ 2,493 crore, weighed down by selling in both halves of the month. Capital Goods: Capital Goods stocks saw a reversal in sentiment, with FPIs pulling out ₹ 3,022 crore in the second half, leading to a net monthly outflow of ₹ 1,831 crore. Healthcare: Healthcare stocks recorded net selling worth ₹ 403 crore, with the selling intensifying in the latter half of the month. Other sectors that witnessed net outflows included Metals & Mining ( ₹ 357 crore), Construction ( ₹ 238 crore), and Forest Materials ( ₹ 42 crore). The sectoral shifts in FPI flows for June suggest a pivot toward cyclical and growth-oriented sectors, while defensive and rate-sensitive sectors like FMCG, Power, and Healthcare remained under pressure. With global liquidity conditions and domestic macro indicators in focus, FPI activity in the coming months will likely remain sensitive to policy cues and Q1 results momentum. Disclaimer: The views and recommendations made above are those of individual analysts or broking companies, and not of Mint. We advise investors to check with certified experts before making any investment decisions.
Business Standard
08-07-2025
- Business
- Business Standard
Nifty tad below 25,450; consumer durables shares decline
The key equity benchmarks traded with minor cuts in the morning trade. The Nifty traded tad below the 25,450 mark. Consumer durables shares declined after advancing in the past two trading sessions. At 10:30 IST, the barometer index, the S&P BSE Sensex, declined 16.04 points or 0.02% to 83,426.46. The Nifty 50 index lost 13.10 points or 0.05% to 25,448.20. The broader market underperformed the frontline indices. The S&P BSE Mid-Cap index fell 0.24% and the S&P BSE Small-Cap index shed 0.08%. The market breadth was positive. On the BSE, 1,846 shares rose and 1,719 shares fell. A total of 217 shares were unchanged. Buzzing Index: The Nifty Consumer Durables index fell 2.18% to 38,289.80. The index declined 2.42% in the past two trading sessions. Titan Company (down 5.16%), Kalyan Jewellers India (down 3.06%), PG Electroplast (down 1.61%), Crompton Greaves Consumer Electricals (down 1.28%), Kajaria Ceramics (down 1.16%), Blue Star (down 1.13%), Cera Sanitaryware (down 1.08%), Voltas (down 0.78%), Havells India (down 0.6%) and V-Guard Industries (down 0.58%) declined. On the other hand, Bata India (up 2.76%), Century Plyboards (India) (up 0.69%) and Amber Enterprises India (up 0.18%) edged higher. Stocks in Spotlight: Refex Industries rose 2.84% after the company said that it has received an order worth Rs 250 crore from state-owned power generation company (GENCO) for comprehensive ash disposal along with operation & maintenance (O&M) of fly ash systems. JSW Infrastructure rose 0.90%. The company has received a letter of award (LoA) from the Syama Prasad Mookerjee Port Authority for the reconstruction of berth 8 and mechanization of berths 7 and 8 at Netaji Subhas Dock, Kolkata.
Yahoo
05-07-2025
- Business
- Yahoo
Why Cavco Industries, Inc. (NASDAQ:CVCO) Could Be Worth Watching
While Cavco Industries, Inc. (NASDAQ:CVCO) might not have the largest market cap around , it saw a double-digit share price rise of over 10% in the past couple of months on the NASDAQGS. Shareholders may appreciate the recent price jump, but the company still has a way to go before reaching its yearly highs again. As a well-established company, which tends to be well-covered by analysts, you could assume any recent changes in the company's outlook is already priced into the stock. However, what if the stock is still a bargain? Let's take a look at Cavco Industries's outlook and value based on the most recent financial data to see if the opportunity still exists. We've found 21 US stocks that are forecast to pay a dividend yield of over 6% next year. See the full list for free. Cavco Industries appears to be expensive according to our price multiple model, which makes a comparison between the company's price-to-earnings ratio and the industry average. In this instance, we've used the price-to-earnings (PE) ratio given that there is not enough information to reliably forecast the stock's cash flows. We find that Cavco Industries's ratio of 21.63x is above its peer average of 8.85x, which suggests the stock is trading at a higher price compared to the Consumer Durables industry. If you like the stock, you may want to keep an eye out for a potential price decline in the future. Given that Cavco Industries's share is fairly volatile (i.e. its price movements are magnified relative to the rest of the market) this could mean the price can sink lower, giving us another chance to buy in the future. This is based on its high beta, which is a good indicator for share price volatility. See our latest analysis for Cavco Industries Future outlook is an important aspect when you're looking at buying a stock, especially if you are an investor looking for growth in your portfolio. Although value investors would argue that it's the intrinsic value relative to the price that matter the most, a more compelling investment thesis would be high growth potential at a cheap price. Cavco Industries' earnings over the next few years are expected to increase by 27%, indicating a highly optimistic future ahead. This should lead to more robust cash flows, feeding into a higher share value. Are you a shareholder? It seems like the market has well and truly priced in CVCO's positive outlook, with shares trading above industry price multiples. However, this brings up another question – is now the right time to sell? If you believe CVCO should trade below its current price, selling high and buying it back up again when its price falls towards the industry PE ratio can be profitable. But before you make this decision, take a look at whether its fundamentals have changed. Are you a potential investor? If you've been keeping tabs on CVCO for some time, now may not be the best time to enter into the stock. The price has surpassed its industry peers, which means it is likely that there is no more upside from mispricing. However, the optimistic prospect is encouraging for CVCO, which means it's worth diving deeper into other factors in order to take advantage of the next price drop. Diving deeper into the forecasts for Cavco Industries mentioned earlier will help you understand how analysts view the stock going forward. At Simply Wall St, we have the analysts estimates which you can view by clicking here. If you are no longer interested in Cavco Industries, you can use our free platform to see our list of over 50 other stocks with a high growth potential. — Investing narratives with Fair Values Suncorp's Next Chapter: Insurance-Only and Ready to Grow By Robbo – Community Contributor Fair Value Estimated: A$22.83 · 0.1% Overvalued Thyssenkrupp Nucera Will Achieve Double-Digit Profits by 2030 Boosted by Hydrogen Growth By Chris1 – Community Contributor Fair Value Estimated: €14.40 · 0.3% Overvalued Tesla's Nvidia Moment – The AI & Robotics Inflection Point By BlackGoat – Community Contributor Fair Value Estimated: $359.72 · 0.1% Overvalued View more featured narratives — Have feedback on this article? Concerned about the content? Get in touch with us directly. Alternatively, email editorial-team (at) article by Simply Wall St is general in nature. We provide commentary based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. We aim to bring you long-term focused analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. Simply Wall St has no position in any stocks mentioned. Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
Mint
04-07-2025
- Business
- Mint
India Inc's FY25 profit growth outpaces GDP 3x, midcaps and smallcaps lead: Ionic Wealth report
India Inc ended FY25 on a strong note, with corporate profits growing at a pace three times faster than GDP, according to Ionic Wealth's latest 'India Inc FY25: Decoding Earnings Trends & Path Ahead' chartbook. The research report attributes this earnings momentum to easing inflation, robust domestic demand, lower debt costs, and operating efficiencies across mid and smallcap segments. Ionic Wealth expects the growth trend to sustain into FY26, with capital expenditure plans accelerating across sectors and margins set to improve further. Ionic Wealth said that India Inc's post-COVID earnings momentum continues to impress, with profits (led by mid and small caps) surging at a compound annual growth rate (CAGR) of 30.3 percent during FY20–25, compared to just 10.5 percent for GDP. Corporate profits as a share of GDP have risen from 1.9 percent in FY20 to 6.9 percent in FY25, though still well below the US benchmark of 16 percent, signaling further upside potential. As per Ionic Wealth, Nifty 500 companies posted revenue growth of 6.8 percent, EBITDA growth of 10.4 percent, and PAT growth of 5.6 percent YoY in FY25. However, midcap and smallcap indices significantly outperformed largecaps. While largecaps posted just 3 percent PAT growth, midcaps delivered 22 percent and smallcaps came in at 17 percent. Ionic Wealth noted that margin expansion and better operating leverage aided the broader earnings resilience. The report pointed out that midcap and smallcap firms continue to deliver faster PAT growth than their largecap counterparts. This trend is particularly strong in sectors like Consumer Durables, Chemicals, Logistics, Healthcare, and Utilities. Ionic Wealth said this momentum could persist as smaller firms gain scale and efficiency. The post-COVID period has brought a shift in India's profit pool. Ionic Wealth observed that BFSI's contribution to Nifty 500 profits nearly doubled—from 20.2 percent in FY20 to 38.8 percent in FY25—while Technology, Oil & Gas, and Chemicals & Pharma saw their profit share shrink. Meanwhile, Automobiles and Capital Goods made modest gains in contribution. Ionic Wealth emphasized that stock market returns in FY21, FY22, and FY24 were strongly correlated with EBITDA and PAT growth, not revenue momentum. FY23 and FY25, which witnessed subdued profit growth, also saw muted market performance, reinforcing that 'profits move the market.' Private banks, NBFCs, Capital Goods, Consumer Durables, and Healthcare stood out with double-digit revenue and EBITDA growth, according to Ionic Wealth. Consumer Durables topped the list with a 45 percent rise in revenue and a 51 percent rise in EBITDA. Healthcare followed closely, while capital goods saw EBITDA grow 21 percent YoY. EBITDA margins across the Nifty 500 (ex-BFSI) improved to a four-quarter high of 16.8 percent in March 2025 from 15.9 percent in March 2024, aided by cooling inflation and better operating leverage. Ionic Wealth said sectors such as Cement, Capital Goods, Chemicals, and Metals saw visible improvement in margins. A notable trend highlighted by Ionic Wealth is the revival of private capex. Companies now hold a record ₹ 10.67 lakh crore in cash balances and are planning to double capital expenditure to ₹ 72.25 lakh crore over FY26–30. Nearly 80 percent of this planned spend is geared toward income generation and upgradation, with about 29 percent allocated to value addition and new growth opportunities. Ionic Wealth flagged that companies across sectors such as Oil & Gas, Power, Telecom, Textiles, and Construction undertook significant capex during FY23–25 without raising new debt. This self-funded capex signals healthier balance sheets and disciplined growth strategies, a theme the brokerage sees continuing in FY26. Ionic Wealth provided an extensive FY26 sectoral preview: Banking: Credit growth to remain subdued due to high CD ratios and unsecured loan stress. Margin pressure should ease in 2HFY26 as interest rates drop and loan demand revives. IT: BFSI demand to support revenues, but discretionary spending remains weak. Deal wins could drive better exits in 2HFY26. Pharma: Chronic care, CDMO enquiries, and hospital expansion will lead growth; US generics face margin pressure. Auto: Single-digit volume guidance and rising raw material costs are likely to cap earnings upside. FMCG: Rural recovery, tax breaks, and softer agri inflation are expected to boost volumes and margins. Metals: Ferrous players benefit from lower coal costs but face pricing risks; margin sustainability hinges on export recovery. Chemicals: Domestic demand remains strong but global oversupply and Chinese dumping could pressure margins. Capital Goods: Order books are swelling across renewables, defence, and data centres, backed by strong public capex. Cement: FY26 could see aggressive capacity expansion by top producers. EMS & Durables: Robust revenue growth expected, aided by global tie-ups, new projects, and R&D. Real Estate: FY25 launch delays will push bookings into FY26; faster approvals and active land acquisition to drive growth. Energy: Demand-surge and thermal project rollouts to boost earnings; firms are also shifting toward green hydrogen and energy storage. Ionic Wealth concluded that India Inc entered FY26 on solid footing, driven by strong profit growth, margin expansion, self-funded capex, and rising earnings contribution from midcaps and smallcaps. Despite global volatility, resilient demand and robust balance sheets support India's equity markets. Strategic capital allocation, improving profitability, and expanding margins across key sectors are likely to drive market performance into FY26 and beyond. Disclaimer: The views and recommendations made above are those of individual analysts or broking companies, and not of Mint. We advise investors to check with certified experts before making any investment decisions.
