#commodity-costs
Nomura downgrades Cummins India shares to Neutral despite raising target price by 25%. Here’s why
Nomura downgraded Cummins India to “Neutral” despite raising its target price by 25%, citing stretched valuations and near-term margin pressure from rising commodity costs. While the brokerage remains optimistic about long-term growth driven by data centres a…
LG Electronics India net profit dips 8.1%, registers highest quarterly revenue
LG Electronics India reports an 8.1% net profit decline despite achieving record quarterly revenue amid rising commodity costs and currency fluctuations.
Jubilant FoodWorks sees near-term margin hit as costs rise
Jubilant FoodWorks faced multiple inflationary headwinds, particularly from LPG and PNG prices, wage inflation and rising logistics-linked commodity costs.
Tata Motors holds back truck price hikes despite surge in input costs
The company will absorb much of the recent surge in commodity costs, including the impact of higher platinum import duties, Managing Director and CEO Girish Wagh says