The size of the bearings industry in India is around Rs 10,000 crore, out of which 65% is used in industrial application and the rest in transport.
One out of every five cars sold by the country's largest automaker in December was a Vitara Brezza, Baleno, Ciaz or an S-Cross -all new models in its product portfolio.
Based on regional margin numbers, the Street was expecting a premium of $4.5-4.6 over the Singapore GRM.The actual premium ended at $4.1 for the quarter.
Data shows power generation, which is considered a proxy to the trend in industrial activity, grew 6% y-o-y, nearly twice the pace in December 2015.
A strong order book in the defence sector backed by improved research and development (R&D) investments over the past few years has grabbed attention of investors.
ABB has an impressive track record for providing High Voltage Direct Current (HVDC) lines and nearly half of installed base globally has been by the company.
Typically , RoE expansion implies a company has been able to profit more on the same unit of volume sold. Hence, it's an indication of pricing power.
An investor, for instance, is first likely to go for passenger car company stocks, followed by tractors and two-wheeler stocks, and in the end, trucks.
The Paradip refinery is likely to match RIL's gross refining margin (GRM), thereby improving the margin profile of Indian Oil (IOC).
Despite the unpleasant corporate battle between Ratan Tata and Cyrus Mistry , the Tata Motors stock has outperformed the benchmark indices by a wide margin last year.
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