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FMCG sector revenue growth is expected to be in the mid-teens for FY23, mainly supported by price growth as the companies had taken price hikes to compensate for the elevated input prices while volumes were weak.Margins were impacted but started to showcase some improvement in the second half of FY23 due to a decline in input prices. However, analysts see margins improving in the coming quarters with inflation coming down

The fourth quarter net interest margin, a key profitability ratio, improved to 3.78% from 3.17% in the year ago period. Improvement in asset quality helped the margin.

Additionally, the company may consider a further issue of specified securities through a private placement aggregating up to Rs 1200 crore. If such placement is completed, the fresh issue size will be reduced.

Additionally, the company may consider a further issue of specified securities through a private placement aggregating up to Rs 1200 crore. If such placement is completed, the fresh issue size will be reduced.

The Dow Jones Industrial Average fell 3.92 points, or 0.01%, at the open to 33,805.04

Promoters held 0.04 per cent stake in the company as of 31-Mar-2023, while FII and DII ownership stood at 8.45 per cent and 12.16 per cent, respectively.

The Nifty Auto index was trading 0.21 per cent down at 12871.85.

Hindustan Zinc key Products/Revenue Segments include Scrap, Export Incentives, Wind Energy and Other Operating Revenue for the year ending 31-Mar-2022.

Navin Fluorine International, incorporated in the year 1998, is a Mid Cap company (having a market cap of Rs 23391.64 Crore) operating in Chemicals sector.

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