Ind-Ra maintains neutral outlook for oil and gas sector for FY24
Credit rating agency India Ratings and Research (Ind-Ra) in its latest report has maintained a neutral outlook for oil and gas sector for FY24, amid…
Tag: sector`
Consumer Goods Sector Update – Assessing competitiveness of FMCG categories By Emkay Global Financial Services
Reliance Consumer: Assessing competitiveness of FMCG categories * Unlike the steady margin expansion and working-capital improvement seen in the sector in the last decade given…
Cold supply chain marketplace Celcius raises Rs 100 cr to organise sector
Cold chain marketplace startup Celcius Logistics on Monday said it has raising Rs 100 crore in its Series A funding led by IvyCap Ventures. The…
Banking Sector Update : February sectoral credit deployment: Bank credit up 15.9% YoY, 0.9% MoM, 13.3% FY23-TD By ICICI Securities
Banks’ sector deployment data for Feb’23 suggests overall non-food credit now stands at Rs134.15trn, up 15.9% YoY / 0.9% MoM / 13.3% FY23-TD, with growth…
Chemical Sector Update: Price trends in Jan?23 By ICICI Securities
1) SRF: R-22 price rose to Rs346/kg (+3.4% QoQ) in Q4FY23-TD; volumes were up 179.5% YoY to 0.91kte. In packaging films segment, spreads contracted QoQ…
Oil and Gas Sector Update : PNGRB revises Gail?s integrated pipeline tariff by ICICI Direct
The Petroleum and Natural Gas Regulatory Board (PNGRB) has hiked the Integrated Natural Gas Pipeline (INGPL) tariff of Gail to | 58.61/mmbtu (on a GCV…
Metals & Mining Sector Update : Steel Demand uncertainties in China impact prices By ICICI Securities
HRC prices in the traders’ market fell by Rs300/te WoW to the lowest level in a month mainly on subdued market activity due to local…
Germany`s automotive sector drives industrial production: Destatis
Industrial production in Germany increased by 2 per cent month-on-month in February, according to provisional data published by the Federal Statistical Office (Destatis). Back in…
Telecom Sector Report -RJio broadband plan: Disruption on the cards –
RJio’s new home broadband plan, priced at Rs198/month, is competitive with Airtel’s lowest plan (Rs499/ month), which may help the company further improve its market…
Banking Sector Update : Steady quarter in a clouded macro By JM Financial Institutional Securities
We expect our banking coverage universe to report profit growth of +47%% YoY/+12% QoQ in 4QFY23E led by continued strength in NIMs and low credit…