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Camlin Fine Sciences' shares have jumped due to anti-dumping duties on Chinese manufacturers by the US and EU, benefiting its aroma exports, particularly vanillin. The company plans to increase vanillin capacity utilization, aiming for higher revenue and improved EBITDA margins. Brokerages have raised valuations, citing growth potential and a better debt position, leading to a significant stock increase.
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News and Media
Global stocks are expected to outperform US equities in the next five years. A Bank of America survey reveals that most fund managers predict international stocks will be the top asset class. This forecast signals a potential shift from the long-standing dominance of US stocks. The S&P 500 is already underperforming global stocks this year, marking a significant change.
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News and Media
Vishal Mega Mart is set to join the FTSE Global Mid Cap Index on June 20, potentially attracting $115 million in inflows, according to Nuvama Alternative estimates. Following a 20% stake sale by promoters, the company is also eyeing inclusion in the MSCI Index in August, which could bring in an additional $225 million.
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News and Media
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