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Business Standard
4 days ago
- Business
- Business Standard
Grasim: Investors bet on paints, ignore weakness in core business
Investors and analysts are betting on a fast ramp-up in paints division and its e-commerce venture of selling construction goods Krishna Kant Mumbai Listen to This Article The AV Birla group flagship Grasim Industries has been an outperformer on the bourses. The company's stock price is up 56.5 per cent in the last two years, compared to 30.8 per cent rally in the benchmark Nifty 50 during the period. The stock has also outperformed in the recent rally and is up 10.7 per cent since the start of 2025 calendar year, compared to 6.2 per cent rise in the benchmark index in the period. The numbers, however, suggest that the rally has been driven by a valuation rerating of Grasim rather than underlying rise in its earnings.
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Business Standard
08-05-2025
- Business
- Business Standard
India Inc's combined salary and wage growth slows amid muted demand
The sample includes 25 companies that are part of the Nifty50 benchmark index or 26 if we include Bajaj Finance, a subsidiary of Bajaj Finserv which is also an index company Krishna Kant Mumbai Listen to This Article With a revenue growth slowdown hurting their margins and earnings, Indian companies seem to be seeking to rationalise their employee costs. The combined salary & wage expenses of the country's listed companies grew just 4.8 per cent in the January-March quarter of 2025 (Q4FY25) over a year earlier — in single digits for a fifth straight quarter, and the slowest rate in at least 17 quarters. For comparison, these companies' combined salary & wage expenses had increased 6.1 per cent year-on-year in the same quarter of FY24 and 5.1 per cent in Q3FY25. The 457 listed companies in our
