RC Bhargava, chairman, Maruti Suzuki, said the Indian market would continue to grow and so would the share of Maruti in Suzuki’s global operations.
New Delhi has increased the oil subsidy provision by 62 per cent to Rs 33,700 crore for FY20, in line with Street estimates.
The Bloomberg Fear and Greed indicator currently reads 141, the most negative since October 2018.
Order inflows in the December quarter stood at Rs 42,130 crore thanks to domestic infrastructure demand.
Demand is low and volume growth has dissipated in the past two quarters.
Kajaria Ceramics posted volume growth of 16 per cent, the highest in the last 16 quarters.
The MSCI World index itself is trading at a 25 per cent discount to its 10-year average.
Any hurdle to RoE improvement could diminish possibility of stock re-rating.
Petrochemical volumes rose 15 per cent YoY to 9.7 million metric tonnes.
Jet may add more value to Etihad’s passenger growth by using Abu Dhabi as a hub
- No blogs yet have been written by the author, we’re sure the author will contribute one soon