The report says companies within the coverage are anticipated to post a collective revenue growth of 8.5 per cent year-on-year (YoY) and 3.1 per cent quarter-on-quarter (QoQ) for the second quarter of FY25.
This growth is anticipated to be driven by double-digit volume increases in two-wheelers (2Ws) and low to mid-single-digit growth in passenger vehicles (PVs) and tractors. This growth will be partially offset by a year-on-year decline in commercial vehicle (CV) volumes.
The recent increase in Chinese steel prices may give some relief to Indian steel makers. A report by Axis Securities highlights that Chinese hot-rolled coil (HRC) steel prices have gone up in September 2024, giving an edge to Indian steel companies.
India's road awarding projects are set to gain strong momentum in FY25, with a significant increase expected in the number of projects being awarded, highlighted a report by Axis Securities.
The cement demand in September remained below the market expectations due to heavy monsoons and region-specific challenges which impacted both trade and non-trade demand, highlighted a report by Axis securities.
Government subsidies and declining battery prices are making electric vehicles (EVs) more accessible even though they still have higher upfront costs than conventional internal combustion engine (ICE) vehicles, Axis Securities said in an analysis.
This growth, with a compound annual growth rate (CAGR) of 23 per cent from 2024 to 2033, reflects the increasing global demand for sustainable mobility solutions.
Foreign Portfolio Investor (FPI) investment in the Indian stock market surged to an all-time high this week, with net investments totaling Rs 23,659.55 crore, according to data from the National Securities Depository Limited (NSDL).
New Delhi [India], September 27: Demat accounts are revolutionary when it comes to investing since they make investing in the stock market live more accessible than ever. A Demat account allows us to hold our securities like shares, bonds and other financial instruments, which can help us wi
The central government has planned to collect Rs 20,000 crores through the 'Sovereign Green Bonds' in the second half (Oct-Mar) of the financial year 2025, according to a release by the Finance Ministry
New Delhi [India], September 24: Entering finance can feel intimidating, especially when overwhelmed by myriad investment choices. Exchange-traded Funds (ETFs) have gained popularity for being accessible and flexible, suitable for novices and seasoned investors alike. This guide aims to demy
The Securities and Exchange Board of India (SEBI), on Monday, imposed a penalty of 1 crore on Jai Anmol Ambani, son of industrialist Anil Ambani for failing to exercise due diligence while approving general-purpose corporate loans (GPCLs) in the Reliance Home Finance case.