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icra

Domestic tyre sale volumes expected to see moderate growth of 4-6 pc in FY25: Icra

by Adesola Mojo
Domestic tyre sale volumes expected to see moderate growth of 4-6 pc in FY25: Icra

Domestic tyre sale volumes are expected to see a moderate growth of 4-6 per cent this fiscal after witnessing an estimated pace of 6-8 per cent in the previous financial …

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Categories Automobile

Domestic commercial vehicle industry to see 4-7 pc dip in volumes next fiscal: Icra

by Adesola Mojo
Domestic commercial vehicle industry to see 4-7 pc dip in volumes next fiscal: Icra

Domestic Commercial Vehicle (CV) volumes are expected to dip 4-7 per cent year-on-year next fiscal with high base effect kicking in, rating agency Icra said on Tuesday. The volumes are …

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Categories Automobile

Revenue growth of auto component industry to moderate to 5-7 pc in FY25: Report

by Adesola Mojo
Revenue growth of auto component industry to moderate to 5-7 pc in FY25: Report

Annual revenue growth of leading auto component manufacturing companies will come down to 5-7 per cent in the next fiscal due to moderation in domestic volumes and a drop in …

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Categories Automobile

Auto news: Auto sector to see moderate growth in FY24, uneven monsoon’s impact on rural demand a concern: ICRA

by Adesola Mojo
Auto news: Auto sector to see moderate growth in FY24, uneven monsoon’s impact on rural demand a concern: ICRA

India’s domestic automobile industry is expected to record moderate growth in volumes in FY24, but a sustained recovery in demand sentiments remains to be seen, amid concerns over the impact …

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Categories Automobile

Possible Revised Title: Potential $1.4 Billion Stock Inflows Expected Following MSCI Index Rejig

by Craig Fedirighi
Possible Revised Title: Potential .4 Billion Stock Inflows Expected Following MSCI Index Rejig

Global index services provider MSCI has added eight Indian stocks to its Global Standard Index and removed one as part of its quarterly index review. The changes will likely result …

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Categories Business

Report: Government likely to postpone Hindustan Zinc share sale

by Craig Fedirighi
Report: Government likely to postpone Hindustan Zinc share sale

The Indian government is considering postponing the sale of its stake in Hindustan Zinc until the industry’s fortunes improve, according to two government sources. However, the government still aims to …

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Categories Business

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