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2025-02-04 04:21:00| The Economic Times

Prashant Khemka, Founder of White Oak Capital Management, anticipates a shift in performance between cyclical and defensive stocks. The Budget may reinforce this phenomenon. Khemka advises maintaining a balanced portfolio, emphasizing stock picking over top-down calls. He also notes the potential positive impact of income tax savings on demand and broad sectoral benefits.

Category: News and Media

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2025-02-04 04:09:57| The Economic Times

Gland Pharma share price: Revenue from operations fell 10% year-on-year to Rs 1,384 crore. EBITDA increased by 1% year-on-year to Rs 360 crore, with margins improving by 300 basis points to 26%. R&D expenses were Rs 43.7 crore, making up 4.3% of the revenue.

Category: News and Media

2025-02-04 03:43:25| The Economic Times

Gold prices remain near record highs as investors worry about potential inflation due to President Trump's tariffs on Canada, China, and Mexico. Trump has suspended tariffs on Mexico and Canada for 30 days, while tariffs on Chinese goods proceed. Economic data later in the week will offer further insight into the economy's strength.

Category: News and Media

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