Pallavi Pengonda

Bangalore

Deputy Editor at Mint

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Articles

V-Mart Retail exits FY25 in style, but competition threat lingers

3 weeks ago | livemint.com | Pallavi Pengonda

Markets Summary V-Mart’s recovery momentum from an unfavourable rural cycle remains on trackWith aggressive store expansion by many retailers, rising competition in value retail is a key risk This is a Mint Premium article gifted to you. Subscribe to enjoy similar stories. Investors in V-Mart Retail Ltd shares appear thrilled with its business update for the March quarter (Q4FY25) and are likely expecting another good year.
Aditya Birla’s paper biz divestment amplifies focus on real estate

3 weeks ago | livemint.com | Pallavi Pengonda

Aditya Birla Real Estate Ltd (ABREL) is divesting its paper division, Century Pulp and Paper, to ITC Ltd in a move that will allow it to sharpen its focus on real estate. According to ABREL, the sale enhances strategic alignment, improves operational efficiency, and unlocks value for shareholders. The sale consideration of nearly ₹3,500 crore exceeded expectations.
HT Syndication: DLF sees room for growth, but is it too early to be optimistic?

1 month ago | htsyndication.com | Pallavi Pengonda

New Delhi, March 25 -- DLF Ltd's shares have dropped 18.5% in the past one year, massively underperforming the sectoral Nifty Realty index, which is flattish. Investors in the stock worry about a possible slowdown in the real estate market due to broader macro-economic pain and the resulting weakness in sales, especially given that the base is high now.
DLF sees room for growth, but is it too early to be optimistic?

1 month ago | livemint.com | Pallavi Pengonda

Summary For DLF, in the next couple of years, growth in pre-sales may not be as robust as earlier due to potential execution and cyclical demand challenges This is a Mint Premium article gifted to you. Subscribe to enjoy similar stories. DLF Ltd’s shares have dropped 18.5% in the past one year, massively underperforming the sectoral Nifty Realty index, which is flattish.
HT Syndication: Pidilite Industries is glued to growth

1 month ago | htsyndication.com | Pallavi Pengonda

New Delhi, March 20 -- Fevicol-maker Pidilite Industries Ltd has held up relatively well amid the recent market downturn. While the benchmark Nifty50 index has dropped 3% so far in 2025, Pidilite's stock has slipped by 6%, cushioned by the company's ability to sustain healthy volume growth despite a challenging demand environment. At its recent analyst meeting, Pidilite reiterated its goal of achieving double-digit volume growth in the medium term and an Ebitda margin of 20%-24%.
Pidilite Industries is glued to growth

1 month ago | livemint.com | Pallavi Pengonda

Summary Pidilite’s shift beyond its core business is reshaping its growth trajectory, even as demand headwinds and market volatility test its resilience. This is a Mint Premium article gifted to you. Subscribe to enjoy similar stories. Fevicol-maker Pidilite Industries Ltd has held up relatively well amid the recent market downturn.
IndusInd Bank’s investors scream trust is not meant to be broken

1 month ago | livemint.com | Pallavi Pengonda |Harsha Jethmalani

On Monday, after market hours, the private sector lender informed the stock exchanges about discrepancies in its derivatives portfolio pertaining to transactions done in the past five to seven fiscal years (FY24 and earlier). Investors dragged the stock down more than 25% on Tuesday. “A negative derivatives’ disclosure has the potential to unnerve investors more than a back-dated NPL disclosure," wrote analysts from Nuvama Research in a 10 March report.
Stock market mayhem: Will history repeat itself?

1 month ago | livemint.com | Pallavi Pengonda

India’s Nifty 50 index is down 14% from its peak of 26,216.05 on 26 September. The benchmark index has also been one of the worst-performing global equity indices so far in 2025. A saving grace is India’s premium valuations have now got a reality check. The one-year forward price-to-earnings multiple of MSCI India has dropped to 17.93x from 23.3x on 26 September, showed data from Bloomberg. Over the same time, the measure for MSCI Emerging Markets has dropped from 12x to 11.21x.
Coforge's $1.56 bn Sabre deal win sparks fresh optimism in a shaky IT sector

1 month ago | livemint.com | Pallavi Pengonda

Further, Coforge has acquired Rythmos Inc. for $48.7 million and TMLabs Pty Ltd for Australian $20 million (about $12.5 million). Coforge also announced a stock split in the ratio of 1:5. The Sabre agreement is Coforge’s largest-ever multi-year deal win, offering the Noida-based company greater revenue visibility for 2025-26. Winning a large deal at a time when most US clients are tightening their technology budgets is notable, and could lead to more such deal wins.
Premium products fan hopes for Crompton; Butterfly turnaround vital

1 month ago | livemint.com | Pallavi Pengonda

Spearheading the next generation of fan technology in India, Crompton has launched Nucleus, an in-house advanced BLDC platform. Under this platform, the company has launched two products that help save up to 60% energy, apart from having other features such as efficient motor, and smart connectivity. The company has also launched XTECH, an advanced induction motor platform. Both platforms will be manufactured in-house which should help Crompton have a better control on the supply chain.