Devangshu Datta

National Capital Territory of Delhi

Columnist and Editor at Freelance

Columnist, Editor. Interests = markets, science, history, chess, bridge, sex, religion & other high troll-quotient subjects. Writes. Researches.

Articles

A Nuclear Scientist Who Advocated Disarmament

2 days ago | rediff.com | Devangshu Datta

M R Srinivasan focused on the peaceful use of nuclear power at a time when the popular view among the 'hawks' was that India should build a nuclear arsenal as a deterrent. IMAGE: Dr Malur Ramasamy Srinivasan. Malur Ramasamy Srinivasan, who dedicated his entire life to India's nuclear programme, was in many ways an odd man out in the country's nuclear establishment.
Why brokerages are bullish on Hindalco

1 week ago | rediff.com | Devangshu Datta

Hindalco’s India business, including Utkal Alumina, reported good results for the January-March quarter of the financial year 2024-25 (FY25) and consolidated earnings before interest, taxes, depreciation, and amortisation (Ebitda) also rose. Earnings growth was driven by favourable pricing, lower input costs and lower tax outgo for Novelis. The company’s US-based aluminium rolling and recycling subsidiary, Novelis' performance rebounded in Q4.
Consistently healthy performance behind Marico's high stock valuation

3 weeks ago | rediff.com | Devangshu Datta

Marico reported consolidated revenue growth of 20 per cent year-on-year (Y-o-Y) during the January-March quarter (Q4) of FY25. Domestic revenue surged 23 per cent Y-o-Y, while volume growth was 7 per cent. International growth stood at 11 per cent (16 per cent in constant currency growth). Among key performers in the portfolio, Parachute coconut oil posted 22 per cent value growth with 1 per cent volume decline, due to price hikes.
Moderate valuation, growth triggers augur well for Shriram Finance stock

1 month ago | rediff.com | Devangshu Datta

Shriram Finance’s (SHFL’s) profit after tax (PAT) rose 10 per cent year-on-year (Y-o-Y) to Rs 2,140 crore in the fourth quarter of the financial year 2024-25 (Q4FY25). The FY25 PAT (excluding exceptional gain) grew 15 per cent Y-o-Y to Rs 8,270 crore. The Net Interest Income (NII) in Q4FY25 grew 9 per cent Y-o-Y to Rs 5,570 crore. However, high credit costs at Rs 1,560 crore translated into annualised credit costs of 2.4 per cent.
Guess which sector can actually gain from US tariff war?

1 month ago | rediff.com | Devangshu Datta

A Rs 23,000-crore production-linked incentive (PLI) scheme for electronic components may boost margins and enable a broader product mix. IMAGE: Kindly note the image has been posted only for representational purposes. India's electronic manufacturing services (EMS) sector could be a comparative gainer from the current tariff war. Also, a Rs 23,000-crore production-linked incentive (PLI) scheme for electronic components may boost margins and enable a broader product mix.
Street gives a thumbs up to Godrej Properties' strong Q4 bookings

1 month ago | rediff.com | Devangshu Datta |Godrej Properties

Realtor Godrej Properties Limited (GPL) is present in top real estate markets such as Mumbai Metropolitan Region (MMR), National Capital Region (NCR), Pune, and Bengaluru. In the financial year 2024-25 (FY25), NCR contributed 36 per cent, Bengaluru 17 per cent, and MMR 27 per cent to revenues with the rest 20 per cent coming from Pune, Hyderabad, etc. This presence across regions leaves GPL well-placed to benefit from upcycles in housing anywhere.
Dabur is one of the FMCG majors which may be hard hit

1 month ago | rediff.com | Devangshu Datta

The fast-moving consumer goods (FMCG) sector is likely to report muted results in the fourth quarter of 2024-25 (Q4FY25) due to weakness in urban consumption. The weakness may persist through the first half of 2025-26 (H1FY26). Image used for representation purpose only. Rural growth, which contributes around a third of total consumption for the FMCG sector, is stable, but not accelerating. Inflation in commodities like palm oil, tea, and coffee is also likely to drag down margins.
Hindustan Aeronautics gets wings to fly higher as analysts stay bullish

2 months ago | rediff.com | Devangshu Datta

News reports that GE Aerospace has delivered the first of 99 F404-IN20 engines ordered by Hindustan Aeronautics (HAL) for the Tejas Mk-1A has revived interest in the HAL stock. IMAGE: Light Combat Aircraft Tejas. This addresses serious concerns about a supply bottleneck. HAL has said it will receive 12 engines this year.
Godrej Consumer may be the fastest growing FMCG player in FY26

2 months ago | rediff.com | Devangshu Datta

Godrej Consumer Products (GCPL) had a disappointing third quarter (Q3FY25) with flat volumes (after 7 per cent growth H1FY25). Price hikes will be required to maintain margins to offset the cost of palm oil inflation. However, some analysts see Q3 as an exception with strong volume growth expected to resume and it may be the fastest growing FMCG player in FY26. In Q3, double-digit growth in laundry, air-fresheners, and sexual wellness were offset by declines in soaps and household insecticides.
Toll Charges Expected To Take A Dip, New Policy To Be Announced

2 months ago | outlookmoney.com | Devangshu Datta

Road Transport and Highway Minister, Nitin Gadkari has announced that a new policy will be released providing deduction in toll charges for the frequent users of national highways. The policy will be a relief for the regular users of national highways. Gadkari said that the Modi Government is planning the annual and lifetime toll charges to be paid at the toll plazas of National Highways. Rs 3000 yearly and Rs 30,000 for 15 years are proposed as a single payment.