Indian Metal: Hanging Tight Regardless of Headwinds

The Indian metal shares rallied on the again of upper realisations post-Covid in FY21 and FY22. However as uncooked materials prices caught up and realisations declined, the affect was felt on profitability in FY23 and onwards. Additional, import of lower-cost metal from China has added to the woes over the past 12 months, with hopes … Read more

Maruti Q3 outcomes preview: Analysts count on double-digit progress in Income, PAT

Nation’s largest passenger autos (PVs) producer Maruti Suzuki India (MSIL) is saying its third quarter (Q3) outcomes at this time, which is prone to witness double-digit progress in each income and revenue after tax (PAT) on a year-on-year (Y-o-Y) foundation. Based on Sure Securities, the Q3 income is anticipated to develop round 15 per cent … Read more