Motilal Oswal's research report on Atul. Management highlighted that there was pricing pressure, although volumes have improved in some of the businesses that have done well throughout FY24. A couple of subsidiaries have suffered losses at the PBT level, which has led to a decline in earnings of the consolidated entity.
Open FlipSebi had constituted various working groups to recommend measures to simplify and ease compliances. As part of these efforts, a working group was made to review the present regulatory framework under Sebi (portfolio managers) regulations, 2020 and recommend measures to promote ease of doing business for portfolio managers.
Open FlipSmall-cap funds witnessed a small redemption after almost 30 months of inflows in March 2024, while mid-cap funds saw a significant drop in inflows. Regulatory concerns, geopolitical tensions, and a stellar equity rally prompted some investors to engage in profit-taking or reallocate funds towards more stable large-cap investments.
Open Flip