Further, to ensure that the whole ecosystem for truck drivers and supply chain does not get disrupted, shops for truck repairs and dhabas on highways will be allowed to operate, with a stipulated minimum distance, as prescribed by the state authorities. … [Read more...] about Coronavirus Lockdown 2.0 Guidelines | Empty trucks will be allowed to ply to ease supply chain operations
Global supply chain management degree
Among those hardest hit are the self-employed artisans and weavers, dependent on seasonal retail sales and direct orders from global fashion brands. As Dusanj points out, “In the global fashion industry, brands typically pay their suppliers weeks or even months after delivery. Suppliers usually pay upfront for the materials or fibres used to make the products. In response to the pandemic, many major fashion brands and retailers are cancelling orders and stopping payments for orders already placed, taking no responsibility for the impact this has on the people working in their supply chains.” … [Read more...] about Coronavirus lockdown | India’s 7-million strong artisans’ community faces supply disruptions, cancelled orders & financial hardships
Higher profits in the cement segment (EBITDA/ton of Rs999 vs. estimated Rs853) helped Prism Johnson beat estimates. EBITDA stood at Rs1.4bn vs. estimated Rs1.2bn. EBITDA losses in TBK and RMC segments were higher than our estimates. Key positive was a 5.3% yoy/7.7% qoq fall in Cement segment’s opex/ton. Key negatives: 1) Tiles volume fell 31% yoy; 2) Cement realization declined 1.3% qoq on higher non-trade sales; 3) Debt rose Rs3.8bn to Rs18.5bn; and 4) EBITDA losses in RMC/TBK segments. Prism Johnson is planning to establish a waste heat recovery system (WHRS) of 22.5MW by Q3FY21E, which will help reduce energy costs. Volume trends in May have been better than earlier expectations as demand has recovered in rural/semi-urban areas. … [Read more...] about Hold Prism Johnson; target of Rs 39: Emkay Global Financial
The stock has ended its corrective mode on higher time frame while prices are now coming out of the recent correction phase which is a positive sign for the bulls. Ascending triangle breakout on the weekly chart indicates strength in trend and we believe it is an opportune moment to go long on the stock. We suggest accumulating stock around Rs 380 with a stop loss of Rs 338 for the target of Rs 440. … [Read more...] about ‘Expect markets to be volatile amid uncertain global sentiment; these 3 stocks can give double-digit returns’
3-Point Analysis | These companies may gain as global supply chain gets reconfigured Big Story | Decoding the importance of CSR for corporates Ideas For Profit | Is elevated rural exposure Dabur's Achilles heel? … [Read more...] about Ideas For Profit | Will HDFC’s resilient performance hold out amidst COVID-19 uncertainty?