inflationary pressures

Hyundai Motor: Maruti, Hyundai, Tata Motors, Renault post record rural sales in 2023

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Maruti Suzuki, Hyundai Motor, Tata Motors and Renault India posted the highest-ever share of sales from rural markets in calendar year 2023 amid improved consumer sentiments and better liquidity among the rural rich. However, inflationary pressures weighed on rural demand for fast-moving consumer goods and consumer durables. While the share of rural sales at Maruti … Read more

economic growth rates: Manufacturing, private capex and exports are drivers of corporate earnings over medium term: Saion Mukherjee, Nomura

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Saion Mukherjee, MD & Head-Equity Research, Nomura, says: “As we look forward to the medium term, both economic growth rates and earnings growth rate should be quite resilient. In fact, we are talking about how 12-17% earnings growth in the medium term for India is very much possible. we are constructive in that sense and … Read more