Latest news with #Axis
India Today
13 hours ago
- Business
- India Today
MacBook Air M4 available with Rs 19,000 discount offer, here is how the deal works
The MacBook Air M4 is currently available with up to Rs 19,000 discount offer on the Reliance Digital website. This is a solid deal and people will hardly see such a big discount on MacBooks, especially on the new versions. This offer is a combination of bank cards and flat discount. If you have been planning to buy the latest MacBook Air model, now is probably the best time to get one. Here is how the deal Air M4 available with Rs 19,000 discount offerThe MacBook Air M4 model is listed on Reliance Digital with a starting price of Rs 90,900. To recall, this laptop was launched in India at Rs 99,900. This means that consumers are getting a flat discount of Rs 9,000. There is also an additional discount of Rs 10,000 on Axis, Kotak and ICICI bank credit cards. This will effectively reduce the price to Rs 80, deal is visible on the website of Reliance Digital. Some people might not be able to see it on the first page of the listing, so they can check out the second page of the MacBook Air M4 listing. The mentioned price is for the 13-inch model with 16GB + 256GB SSD option. Since there is no information on when this deal will expire, people are advised to take their buying decision a little quickly. One can also check out the deals that are available on the Vijay Sales as the MacBook Air M4 is selling at a lower price on this platform too. MacBook Air M4: Is it worth buying?advertisement The current MacBook Air powered by Apple's M4 chip offers a noticeable boost in performance when compared with its older siblings, thanks to its 10-core CPU. This is an upgrade over the 8-core CPU on the Air M3 laptop. Apple says it is nearly twice as fast as the original M1, though the actual improvement over the M3 is expected to be more M4 model doesn't introduce many fresh features beyond performance and efficiency. But, for those using the older M1 MacBook Air, this could be a good time to upgrade to the MacBook Air M4 version. Apart from faster speeds, the M4 version also includes a sharper 12-megapixel camera with Center Stage and Desk View support, and has the ability to run two external displays, which will appeal to users wanting a more future-proof if you already own an M2 or M3 MacBook Air, the performance jump may not feel dramatic in daily use. Benchmarks suggest the M4 delivers around 25-30 percent faster CPU performance and roughly 21 percent better GPU speeds compared to the M3. Unless your current device feels sluggish or your work demands higher processing power, upgrading might not feel first-time buyers or those coming from older MacBooks, the M4 Air is definitely a strong choice, especially with offers like Rs 9,000 flat off and 10,000 bank card deal. This MacBook version is fast, slim, and likely to stay relevant for years, but those on newer MacBooks should think twice before making the switch.
Mint
2 days ago
- Business
- Mint
Small-cap textile stock jumps 4% despite weak markets; experts see further upside. Do you own?
Small-cap textile stock Sanathan Textiles jumped 4 per cent in intraday trade on the BSE on Wednesday, June 18, defying weak market sentiment. Sanathan Textiles share price opened at ₹ 440 against its previous close of ₹ 441.95 and rose 3.8 per cent to an intraday high of ₹ 458.60. The small-cap stock, however, pared some gains and traded 1.7 per cent higher at ₹ 466.55 around 1:40 PM. Sanathan Textiles shares debuted on Indian bourses on December 27 last year. Against its issue price of ₹ 321, the small-cap stock has jumped 40 per cent. Year-to-date, the stock has gained 23 per cent. On a monthly scale, however, the stock is down about 3 per cent in June so far, looking set to snap its three-month gaining streak. Sanathan Textiles share price hit an all-time high of ₹ 487.95 on May 21 after hitting an all-time low of ₹ 287.05 on March 3 this year. Brokerage firm Axis Securities is bullish on the stock as it believes the company is well-placed to gain from industry tailwinds, capacity expansion and improved geographic reach. Axis underscored Sanathan holds rich experience in the Industry and has built long-term relationships with major clients. "We expect the company to post a revenue growth of 47 per cent, 31 per cent in FY26 and FY27, respectively, with steady improvement in margins. We recommend a buy rating on the stock with a target price of ₹ 490, implying an upside of 11 per cent," said Axis Securities. "The company's capacity expansion comes at the right time when the Indian textile sector is gaining traction, supported by government policies and global tailwinds such as the India-UK FTA and favourable tariff scenarios compared to global competitors. It aims to reach a topline of ₹ 4,600-4,800 crore with EBITDA margins of 10-11 per cent (which may improve further), marking remarkable growth compared to FY25," Axis Securities said. Axis highlighted that the upcoming Punjab plant is expected to be operational by Q1FY26 (Phase-I), increasing total capacity to 5.5 Lc MTPA by FY28 in a phased manner. "Its current capacities are running at optimum utilisation, and it expects to quickly ramp up the utilisation in the new facilities based on the expected demand," said Axis. Moreover, the brokerage firm pointed out that most of the customers for polyester yarn are concentrated in the North, and Sanathan is expected to gain a significant cost advantage due to reduced transportation costs. "The company is also expected to benefit from lower power and employee costs in the new facility, while raw material availability is expected to improve as key raw material suppliers are located in the same region. Overall, it expects to see considerable improvement in EBITDA margins coupled with revenue/volume growth," said Axis Securities. Read all market-related news here Read more stories by Nishant Kumar Disclaimer: This story is for educational purposes only. The views and recommendations above are those of individual analysts or broking companies, not Mint. We advise investors to check with certified experts before making any investment decisions, as market conditions can change rapidly, and circumstances may vary.
Business Standard
3 days ago
- Business
- Business Standard
Axis Max Life Unveils New Domain Identity for a seamless Customer Experience
VMPL New Delhi [India], June 17: Axis Max Life Insurance Limited ("Axis Max Life"/ "Company), formerly known as Max Life Insurance Company Limited"), has transitioned its official website from to marking a strategic milestone in the ongoing brand evolution. The move reflects the company's unified brand identity and reinforces its commitment to delivering a digitally empowered, seamless customer experience. The domain migration is purely digital in nature and brings no impact to existing policyholders as all policy terms, benefits, and services remain unchanged. Customers can continue to manage their policies, pay premiums, and explore insurance solutions on the Axis Max Life website without disruption. This update is designed to simplify access while signaling a modern, unified brand presence under the banner of Axis Max Life. Rahul Talwar, EVP and Chief Marketing Officer, Axis Max Life, said, "The migration to our new digital identity - far more than a technical transition marks a strategic milestone in the evolution of our unified brand. It reflects the coming together of two trusted institutions and reaffirms our commitment to delivering a seamless, secure, and future-ready experience. By uniting the proven strengths of Axis and Max Life under one digital roof, we bring 'Double Bharosa' to life offering twice the trust, twice the protection, and twice the commitment to our customers' financial well-being in a digital-first world." This transition underscores Axis Max Life's commitment to digital-first transformation and enhanced brand visibility. Building on the December 2024 brand refresh where a new logo combined the trust of Max Life's blue with the forward-looking burgundy of Axis, the domain shift reinforces the company's values of trust, protection, and innovation. To avoid confusion, customers are encouraged to bookmark the new website: For any queries, customers can write to: About Axis Max Life Insurance Limited ( Axis Max Life Insurance Limited, formerly known as Max Life Insurance Company Ltd., is a Joint Venture between Max Financial Services Limited ("MFSL") and Axis Bank Limited. Axis Max Life Insurance offers comprehensive protection and long-term savings life insurance solutions through its multi-channel distribution, including agency and third-party distribution partners. It has built its operations over two decades through a need-based sales process, a customer-centric approach to engagement and service delivery and trained human capital. As per annual audited financials for FY2024-25, Axis Max Life has achieved a gross written premium of INR 33,223 Cr.
First Post
3 days ago
- Politics
- First Post
Russia and Ukraine Exchange Prisoners of War Vantage with Palki Sharma
Russia and Ukraine Exchange Prisoners of War | Vantage with Palki Sharma | N18G Russia and Ukraine Exchange Prisoners of War | Vantage with Palki Sharma | N18G Russia and Ukraine have exchanged prisoners of war under the age of 25 in emotional homecoming scenes. In the Chernihiv region of northern Ukraine, dozens of anxious relatives gathered outside a hospital and formed a human corridor to see whether their loved ones were among those freed. Many held up photos of sons, husbands and brothers in hopes that someone might recognize them and offer any news. One by one, the returning soldiers passed silently through the corridor, their expressions a mixture of joy and exhaustion. Also on Vantage Shots: - Two BTS members greet fans after being discharged from South Korea's military. - A Detroit woman was kicked out of a zoom court session for trying to make a sandwich during the session. - This Day in 1940: Italy entered World War 2 as one of the Axis powers. See More
Mint
4 days ago
- Business
- Mint
Multibagger RHI Magnesita share price rebounds 34% from March lows. Is the rally just beginning?
Multibagger RHI Magnesita India stock in focus: After enduring severe selling pressure for over nine months, shares of RHI Magnesita India—manufacturers of special refractory products, systems, and services for the steel industry, have staged a sharp recovery in recent months, defying the volatility in the Indian stock market. The stock has surged 34% from its March low of ₹ 384 apiece to its current market price of ₹ 514, marking a strong turnaround after its slump between June 2024 and February 2025. Despite short-term volatility, the stock is still up 240% over the past five years. Although it remains 27% below its 52-week high of ₹ 702 apiece, domestic brokerage firm, Axis Securities believes the upward momentum in the stock could continue in the near term. The brokerage in its latest report maintained its 'Buy' call on the stock with a target price of ₹ 550, citing attractive valuations and improving fundamentals. Axis Securities highlighted that the stock is trading at 17x EV/EBITDA on a consensus basis compared to their FY27E estimate of 15x EV/EBITDA. It also pointed out the company's successful efforts in reducing net debt (excluding lease liabilities) to ₹ 146 crore in FY25 from ₹ 309 crore in FY24. Axis further noted that RHI Magnesita is well-positioned to benefit from rising demand, given its leadership in the Indian refractory market with a 30% market share. India is the fastest-growing refractory market globally, with a projected 6–8% CAGR. The domestic refractory market is forecast to reach $4.5 billion by 2030, driven by material innovation and organic growth. Medium-term fundamentals remain intact with steel capacity expansion (targeting 300 MT by 2030) and infrastructure-led cement demand expected to recover in FY26 with a 6–8% YoY growth outlook. In FY25, the company reported revenue of ₹ 3,674 crore, down 2.8% YoY due to pricing pressures in the competitive steel sector. EBITDA declined 12% YoY to ₹ 479 crore, with margins contracting by 140 bps due to rising input costs and intensified competition. Q4 FY25 revenue fell 9.2% QoQ and 2.7% YoY, while EBITDA stood at ₹ 93 crore, down 37.3% YoY and 25.7% QoQ. Margins contracted 560 bps YoY and 225 bps QoQ due to lower gross margins and negative operating leverage on reduced volumes. The decline was also attributed to higher alumina prices, which surged to ₹ 95,000/tonne from ₹ 65,000/tonne six months ago. However, Axis Securities expects raw material prices to ease from July 2025, potentially supporting margins due to the company's typical two-month inventory cycle. Management expects performance to improve on the back of better demand, lower input costs, targeted price hikes, and cost optimization. Volume growth for FY26 is guided at 8–10%, with EBITDA margins projected to improve to 14–15%, especially from Q2 FY26 onward. RHI Magnesita India Ltd. (RHIM) is a leading provider of high-grade refractory products and solutions that support industrial processes operating at temperatures above 1,200°C. It serves core sectors including steel, cement, non-ferrous metals, and glass. Its portfolio includes magnesia- and alumina-based bricks, isostatic components, and slide gate systems. Disclaimer: The views and recommendations given in this article are those of individual analysts. These do not represent the views of Mint. We advise investors to check with certified experts before taking any investment decisions.
