Ambuja Cement
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Signals
Jefferies cuts ITC to Rs 350 on tax hit; lifts Nykaa, Honasa targets
Brokerages reshuffle Indian consumer coverage: Jefferies trims ITC to Rs 350 citing tax drag while raising Nykaa to Rs 350 and Honasa to Rs 565. Macquarie keeps Underperform on Nykaa (Rs 210) and Page. Varun Beverages, AWL Agri, Emami and LG India also drew fresh calls.
NDTV Profit · 5/22/2026, 3:08:45 AM
Iran war shocks gut India Inc margins; HUL, Dabur, Maruti hike prices as crude, freight surge
West Asia crisis triggers 100 bps margin hit across India Inc, with crude-linked sectors down 300 bps. HUL lifts prices 2-5%, Dabur 4%; Maruti profit falls 6% to ₹3,659 cr, Hyundai -22%. Morbi ceramic cluster loses ₹1,500 cr as gas hits ₹73/cu ft; Tiruppur apparel input costs up 40%.
Mint · 5/18/2026, 11:27:44 AM