credit cycle

stock selection: Cherry-pick stocks with favorable risk-reward: Pawan Parakh

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stock selection: Cherry-pick stocks with favorable risk-reward: Pawan Parakh

“There are several stocks which are not really in your comfort zone and hence we need to pick up stocks on a bottom-up basis and need to cherry-pick ideas wherein the risk-reward is favourable. Otherwise, it is a tough market as far as stock selection is concerned,” says Pawan Parakh, Geojit Financial Services. What a … Read more

Car dealers feel the load as sales slow, inventory piles up

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Car dealers feel the load as sales slow, inventory piles up

Mumbai: Passenger vehicle makers have approached auto financiers requesting them to extend the credit cycle for dealers to 90 days from 60 at present, indicating the pressure building up in the retail channels amid slowing sales, which is leading to stock piling up at car dealers. This trend was last seen in FY19, said multiple … Read more