Beverage companies like United Spirits, United Breweries, and Radico Khaitan could potentially increase prices due to a surge in costs for raw materials (glass, PET bottles, aluminium) and logistics, which have risen by 8-40% and 10%, respectively. These increased costs may affect their pricing strategies in the beverage industry.
Neel Desai
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Greenlam Industries underwent a five-day IT audit from February 26 to March 2, 2026, but assures that business operations continue without disruption. The company is fully cooperating with the officials during this investigation.
Analysts recommend investing in Kakatiya Cement, Bliss GVS Pharma, and Arvind as market volatility offers potential buy opportunities. Suggested price targets are Rs 105-120 for Kakatiyas, Rs 245 for Bliss GVS, and Rs 430 for Arvind. For risk management, it's advised to set stop-losses.
The BSE witnessed a 4% intraday surge, driven by high trading volumes. HDFC Securities has set a target of ₹3,450 for the index, indicating a potential increase of 16%. According to HDFC, Q4FY26 revenue is projected at ₹15.74 billion, growing by 27% quarter-on-quarter and 86% year-on-year, with EBITDA margin estimated at 68%. Options are anticipated to contribute significantly to the revenue.
Banks are experiencing funding constraints and are adjusting their FY26 growth strategy to focus more on volume expansion instead of margin growth due to a higher reliance on wholesale funding sources. Recent data from the RBI shows that bank advances have grown by 13.8%, surpassing deposit growth at 10.8%. This gap between loans and liabilities is widening, indicating increasing lending activities compared to deposit inflows.
Ajit Mishra from Religare Broking advises investors to consider a bullish stance for the BSE market, anticipating growth. On the other hand, Jindal Steel is projected to increase, signaling an uptrend. However, Asian Paints may face bearish conditions with a possible downward movement due to market pressure.
Borosil Glass Operations have now returned to normal following the force majeure period. The company's borosilicate and opal glass furnaces are operating smoothly again, thanks to a stable supply of LPG from OMCS.
Despite a high-volume selloff, HDFC Bank has maintained key support, demonstrating resilience and adherence to an uptrend on its monthly chart. A significant rejection candlestick formation suggests potential for stabilization at the current support level.
Oriental Trimex has revealed a pledge of 25 Lakh shares under SEBI Regulation 31(4) for the fiscal year 2026. This disclosure indicates no new encumbrances by promoters, and the key shareholders have confirmed their pledge status, according to ScoutQuest's report.
JPMorgan has downgraded United Breweries to 'Underweight' due to concerns over high input costs and pricing challenges, setting a target price of Rs 1,415. Instead, they favor Marico, Nestle, and Tata Consumer for their defensive potential. Additionally, they see more appealing risk-reward prospects in Britannia, HUL, and Varun Beverages.
Nirmal Bang predicts a robust demand in the cement sector but warns of tight margins during Q4 results. Consequently, they have reduced their target prices for ACC and Ambuja Cements to Rs 1,622 and Rs 558 respectively, owing to ongoing cost and operational difficulties.
The price of Brent Crude surpasses $106 following President Trump's warning towards Iran, leading to a notable drop (around 3%) in shares for Indian oil companies HPCL, BPCL, and IOC. This suggests increased market volatility due to geopolitical tensions.
DAM Capital has recommended buying cement stocks due to anticipated price increases of Rs. 30-50 per bag and favorable valuations, potentially leading to a 7.4%-21.9% increase in shares for companies like UltraTech Cement, JSW Cement, Shree Cement, Ambuja, Dalmia Bharat, and Nuvoco.
Bajaj Auto's P/E ratio of 27.4 remains lower than the industry average, indicating a potentially undervalued stock. Despite recent price drops, Bajaj Auto has outperformed the Sensex in long-term returns, demonstrating its robustness amid market fluctuations.
Steel Authority of India's (SAIL) Chairman, Amarendu Prakash, has stepped down from his position. The exact reasons for his departure remain undisclosed at this time. The search is now underway for a new leader to guide SAIL moving forward.
HBL Engineering Limited has secured a Rs. 179.79 crore contract from Banaras Locomotive Works for KAVACH equipment supply, testing, and commissioning. The agreement is set to be completed by February 2027, with the promoters not participating in the deal.
PNB Housing Finance reveals a divergence of ₹933 crore in restructured assets during FY23, due to non-compliance with restructuring guidelines. This has led to an increase in total gross NPA to ₹3,204.9 crore, although the immediate financial impact on governance remains undisclosed.
Punjab National Bank showcases impressive Q4 results with a notable 11% rise in loan growth, while also improving the Current Account Savings Account (CASA) ratio. This positive momentum indicates a strengthening financial position for the bank.
Adani Power, Cochin Shipyard, Hyundai Motor India, among others, will now be available for trading in the Futures & Options segment as of April 1. Conversely, HUDCO, Piramal Pharma, Tata Technologies, and Torrent Power have withdrawn from the F&O market, with differing stock lot sizes per company.
IDBI Bank surged to a 10% upper limit at Rs 67.65 on April 1, 2026, indicating strong buying interest, as buyers swarmed the market while sellers remained reluctant to offload their shares.