Arnab Banerjee, MD & CEO, Ceat, says price hikes will continue because the pass-through to the tyres per se is inadequate if cumulative price hikes from April to August are taken. Ceat has been able to pass on maybe 4%, in barely a couple of categories, but in a large number of categories, they have … Read more
ET Intelligence Group: Foreign investors are enhancing their exposure to the Indian automobile sector at a record pace, enthused by earnings that have exceeded consensus estimates, supported by lower raw material prices and an improved product mix.According to data from NSDL, foreign investor weightage in the auto sector reached a record 8.10% in July on … Read more
“Healthcare as a sector could turn out to be the dark horse in FY25,” says Aditya Khemka – Fund Manager, InCred Asset Management. In an interview with ETMarkets, Khemka said: “One could allocate higher capital to relatively smaller companies which are reasonably valued and would likely participate meaningfully in the Indian growth story,” Edited excerpts: … Read more
Raghupati Singhania, CMD, JK Tyre, says the passenger segment is growing the best and is showing more robust demand. In the CV category, we expect a little bit of up and down and flattish demand for the year as a whole. The farm sector is still a little slow in growth while two- wheelers are … Read more
