AUM Capital Broker Research reports

Deepak Fertilizers and Petrochemicals Corporation Ltd. (DFPCL) is among the India's prominent manufacturer of industrial chemicals and fertilizers. It has a strong presence in Technical Ammonium Nitrate (TAN) i.e. mining chemicals, industrial chemicals and crop nutrition (fertilizers). It is a multi-product Indian conglomerate which possesses state-of-the-art manufacturing facilities located in four states, namely Maharashtra...

Key Policy rates Unchanged & to continue with the Accommodative' Stance as long as necessary to revive and sustain growth. RBI Monetary Policy Committee (MPC) which met on 8th, 9th and 10th February, 2022 voted to keep the key policy rates unchanged at 4% based on the assessment of the macroeconomic situation and retaining its accommodative stance as long as necessary to revive and sustain growth by keeping inflation within the target going forward. Five members voted in favor of the stance. The MPC has projected GDP growth outlook for FY23 at 7.8% while retaining FY22 GDP at 9.2%, whereas the projection for CPI inflation has been kept unchanged for FY22 to 5.3% and Q4 FY22 at 5.7% and projected CPI for FY23 at 4.5%. The Indian economy has remained resilient and in better position to meet the credit demands as recovery takes hold and...