Festive Demand

Early trends and dealer channel checks have showed that the first day of the festive sales during the ongoing Navratri season have seen a healthy demand, with Maruti and Hyundai Motor India posting strong booking following a subdued September due the Shradhh period, during which fresh purchases are typically deferred.

Quick commerce is ramping up luxury lineup as battle intensifies for festive demand

Platforms are looking to profit from the better economics in these categories. Premium stock-keeping units (SKUs) not only have higher ticket sizes but also offer better margins.

Festive consumption growth halved in 2024, says Nomura

While festive demand remained steady in rural areas and tier-2 and tier-3 cities, metros and industrial demand was "weak", leading to "mixed" overall festive consumption trends, Nomura added

Maruti Suzuki saw double-digit festive sales growth but demand is a worry

Maruti Suzuki said it has been calibrating production to reduce dealer inventory, which had reached well over 30 days, and the measures will start showing results from the end of this month.

Carmakers witness sales bonanza during this year’s festive period

The passenger vehicle industry crossed the one million mark for the first time during the festive season. The easing of semiconductor supplies made it easier for OEMs to complete manufacture on time

India’s festive demand a sign of increasing consumer confidence

Unlike the export-oriented economies of East and Southeast Asia or investment-driven China, it is domestic consumption that has powered India’s growth.

Polls, festivals may boost rural demand but premium segment to keep leading

The outlook is bullish for overall festive demand and a significant recovery in rural consumption, encouraged by easing inflation and hopes of doles ahead of the elections

After delayed monsoon, dull rural demand, can festive season bring cheer for FMCG stocks?

The recent weakness in equity market has sobered up investor mood. After a delayed monsoon, can the coming festive season bring cheer for FMCG, consumer durable, consumer staple stocks? Here's what analysts say

Festive demand drives up Indian state refiners gas, oil sales in October

Fuel demand in India- a proxy for oil demand in Asia's third-largest economy- typically rises during the month long festival season as diesel-guzzling trucks hit the roads to deliver goods.

Fireworks industry on rebound path, Maharashtra key contributor to Rs 6,000 crore Deepavali sale

In 2020 and 2021, the overall retail sales for each of these two years was less than the average for preceding years respectively, the TANFAMA chief said

Slack offtake by importers, weak festive demand from North India dampen cardamom prices

After record exports in FY22, the robust trend that continued for the first few months of the current year has been halted by the flow of cheaper cardamom from Guatemala, the world’s largest producer of the spice, and sluggish demand from the major importing countries

Tourism on a swing: Flight hunt spikes 124%, airfare surges 40% ahead of Diwali

Airfare has risen nearly 40 percent as searches for domestic air travel tickets increased by 124 percent and 133 percent for international air travel from pre-pandemic levels, in India during the Diwali season.

India's October gold imports drop 33% on weak festive demand: Government source

New Delhi imported 38 tonnes of gold in October, down 33% from 57 tonnes a year ago, the source said on condition of anonymity as he is not authorised to speak to media.

Commodities@Moneycontrol: Roundup of key happenings in the market

Here's a roundup of the key happenings in the commodities market, with a deep dive into some of the most active counters

Expect Q3 show to improve on strong festive demand: Tata Motors

Mayank Pareek, President of Passenger Vehicles Business at the automaker said that initial festive demand beginning Onam has been very good for Tata Motors. The company is on course to achieve its business plans globally, he added.

Festive season has been relatively positive: Whirlpool

Shantanu Dasgupta, vice president-corporate affairs and strategy-Asia South, Whirlpool, says the demand hasn‘t been as good as the kind seen in 2010, but in comparison to 2012 levels, there has been a slight pickup.

Hero MotoCorp up on strong results; how will it play ahead?

The street gave a thumbs up to Hero MotoCorp’s second quarter results as net profit accelerated better-than-expected 19.4% year-on-year to Rs 604 crore and sales rose a robust 28% to Rs 5,784 crore.