On Tuesday, L&T announced the sale of its E&A business to Schneider Electric for an all-cash consideration of Rs 14,000 crore.
Higher volumes may translate into better margins on account of higher plant utilisation
Maruti has guided for double-digit volume growth in FY19, compared with 8-9% for the industry.
The telecom venture of Reliance has been posting positive operating profit in the past three quarters.
Jio’s performance will also be crucial given aggressive tariffs and discounts since January.
Royalty payment of Maruti in the third quarter of FY18 stood at 5.3 per cent of sales.
Factors seem to indicate that Maruti now offers a better risk-reward ratio than Eicher.
Proportion of government orders in total kitty has risen considerably in the past few quarters.
During the quarter, LIC trimmed its stake in TCS to 3.9 per cent from 4.2 per cent in December 2017.
The implied rising demand for pearls and precious stones even as the gold, a traditional favourite physical asset, loses its glitter.
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