BUSINESS
As retail inventory falls, India must up its game in global cotton textiles
Falling cotton prices augur well for India’s yarn spinning and weaving mills that are seeing demand improvement in domestic and overseas markets
BUSINESS
Electric vehicles: Miles to go before reaching the EV goalpost
The expiry of FAME II subsidies had seen a drop in EV sales lately. However, the automobile industry has been proactive in its efforts to invest in new electrification technology supported by government initiatives. Will a newly elected government continue these initiatives?
INDIA
Will infrastructure capex lose steam under the new government?
The NDA winning the 2024 elections with a slimmer majority raises a pertinent question whether government outlay on infrastructure will continue with the same fervour as seen in the past
INDIA
New EPR provisioning adds to cost pressures of tyre makers
The need to provide for EPR is an added pressure on profit margins of tyre companies at a time when input costs are also inching up
MARKETS
Expect low to mid-teens earnings growth in Nifty during FY25: Kunal Vora of BNP Paribas
Upgrades are seen in PSUs, pharma and auto companies in the last few quarters, but there have been disappointments in sectors like consumer staples, IT services and metals
INDIA
Siemens: Business rejig a step towards greater profitability
Sale of its India wind turbine business is Siemens Energy’s strategic move to stem losses and makes a choice to focus on lucrative markets such as the US and Europe
EARNINGS
Capital goods firms’ results reflect varying sectoral prospects of domestic economy
Recent results of cap goods firms mirror robust infrastructure capex in the country translating into good order flows, but some near-term hiccups in orders from process industries and large orders
EARNINGS
Tata Motors: Risks to growth mar euphoria over zero debt
The management narrative of moderation in sales for some geographies and auto segments along with rise in costs suggests that earnings growth has peaked for the near term
BUSINESS
India has a lot going for it: Lakshmi Iyer of Kotak Alternate Asset Managers
The top fund manager rules out any aggression in terms of rate cuts and sees rates at around these levels longer
BUSINESS
Chart of the Day: Corporate revenue growth slackens over three straight quarters
After moderating in FY24, revenue growth rate on an annual basis is expected to inch up from 8 per cent in FY24 to 9-10 per cent in FY25
INDIA
UltraTech’s Q4 reflects cement industry trend of driving sales amid weak prices
Cement firms gained from decline in operating costs, led mainly by a steep drop in fuel and energy costs, which offset softer realisations
BUSINESS
Changing contours of India’s commercial real estate market
The commercial property market is dotted with multinational captive centres that are morphing from providing back-end operational support to even managing cutting-edge innovations for their parent firms
BUSINESS
Will Bajaj Auto’s product fix help sustain rich valuations?
The auto maker is firing on all cylinders, but concerns on its ability to sustain domestic sales growth, exports and rise in costs remain
INDIA
PV electrification set to power ahead in India
The push for Make-in-India can catalyse localisation, innovation and competition in the world’s fourth-largest PV market
EARNINGS
Godrej Properties: Standing tall among peers
An outlier in pre-sales of homes in recent quarters, the March quarter is commendable for GPL, though reduction in interest outflow would improve investor returns
BUSINESS
Rising retail appetite for infra projects augurs well for sector
Sustained government focus on infra, regulatory reforms and healthier company balance sheets have raised investor confidence
BUSINESS
Moneycontrol Pro Panorama | Rising oil prices will be a headache for the MPC
In this edition of Moneycontrol Pro Panorama: South Asia's 'Jobless Development' becoming a problem, the hunt for critical minerals gets daunting, rise in informal employment concerning, turncoats in Odisha have struck the jackpot, and more
BUSINESS
Aditya Birla Fashion-MFL demerger to enable value creation in retail business
The management’s recognition of the need for a demerger through a vertical split of businesses is timely given the high growth and competition in the fashion industry
INDIA
Siemens: poised to ride on India’s rising capex momentum
Siemens will gain from infra capex and private sector capex too by way of strong order flows, but is the stock valuation steep?
WORLD
A challenging road for forgings exporters as global truck demand stutters
Sluggish CV sales growth in 2024 may be a blip, given that new emission norms effective in US from 2027 may lead to pre-buying, which will once again augur well for forging companies
BUSINESS
Moneycontrol Pro Panorama | Fed’s last-mile quandary is no worry for markets
In this edition of Moneycontrol Pro Panorama: India's rising inequality not a political handicap, gold to glitter more in 2024, thermal plant incentives a boon for NTPC, BJP can overtake TMC in Bengal, and more
EARNINGS
The tale told by recent tyre price cuts
The price cut particularly in truck tyres paints a cautious outlook for CV demand and tyre sector's profitability that may have peaked
BUSINESS
Moneycontrol Pro Panorama | ‘Tis the time to cherry-pick stocks
In this edition of Moneycontrol Pro Panorama: SEBI tries to rein in the raging bulls, SKM split threatens farmers’ agitation, is India-EFTA trade agreement achievable, alleged illegal stock options transaction saga continues, and more
INDIA
Has the SEBI chief finally reined in the raging bulls?
While the near-term positives are already priced into valuations, there are some challenges from weak domestic consumption and slow exports
