Publisher : motilaloswal.com


Domestic air passenger (PAX) growth was almost flat in Mar’19 at 11.6m (v/s 5.6% YoY growth in Feb’19 and 4.9% YoY in 4QFY19).
April 22, 2019, 10:37 a.m.
Publisher: motilaloswal.com

Long product (TMT Mumbai) prices were unchanged WoW. Sponge iron prices were 1% higher, while scrap prices declined 2% WoW. Iron ore prices remained unchanged WoW.
April 22, 2019, 10:36 a.m.
Publisher: motilaloswal.com

Sustained out-performance in branded domestic formulation (DF) space coupled with enhanced opportunities in the API segment and additional business from institutional Anti-Malaria segment shows that IPCA has enough headroom to be on a strong earnings trajectory over the next 2-3 years.
April 22, 2019, 10:35 a.m.
Publisher: motilaloswal.com

Input cost prices have significant implications on Marico’s (MRCO) business operations. In this note, we thus provide an update on the price trends in copra and other key commodities for MRCO in Mar’19.
April 22, 2019, 10:35 a.m.
Publisher: motilaloswal.com


MSME loans (entities and individuals) grew 20% YoY to INR25.2t in 3QFY19, of which loans to individuals accounted for INR10.4t (+25% YoY) and loans to entities formed INR14.8t (+17% YoY).
April 20, 2019, 9:56 a.m.
Publisher: motilaloswal.com

Continuing our practice of the last two years, we analyze the 2019-20 budgets of 20 major states of the Indian economy, which together account for 93% of national GDP and 95% of total spending by all states.
April 18, 2019, 12:29 p.m.
Publisher: motilaloswal.com

Private players’ individual WRP growth saw a pick-up in Mar’19 to 18% YoY (17% YoY in Feb’19), while industry growth came in at 10% YoY (13% YoY in Feb’19). Among private players, Birla Sun Life (+33% YoY), Tata AIA (+54% YoY) and Bajaj Allianz (+64% YoY) exhibited robust trend.
April 18, 2019, 9:58 a.m.
Publisher: motilaloswal.com

The Telecom Regulatory Authority of India (TRAI) has released subscriber data for the month of Feb’19. The net active subscriber base stood flat MoM at 1,023m in the month.
April 18, 2019, 9:58 a.m.
Publisher: motilaloswal.com

Quess Corp (QUESS) has announced the acquisition of Allsec Technologies under its BPO vertical, that will improve the profitability and cash generation profile of its Conneqt BPO business.
April 18, 2019, 9:56 a.m.
Publisher: motilaloswal.com

As a member of Electric Vehicle Initiative (EVI) – a multi-government policy forum – India aims to achieve 30% EV penetration in new vehicle sales by 2030. The journey so far has been quite bumpy, though.
April 16, 2019, 12:29 p.m.
Publisher: motilaloswal.com