Vehicle retail sales soar 27% in April; two-wheeler registrations jump 33%, cars up 16%

Vehicle retail sales soar 27% in April; two-wheeler registrations jump 33%, cars up 16%

New Delhi: Vehicle registrations in the country – a proxy for retail sales – went up by a robust 27% year on year to 2.2 million units in April, led by two-wheelers on the back of stable fuel prices, positive outlook for the monsoons, Navratri demand, and the ongoing marriage season. Retail sales of passenger … Read more

What to expect from Q4 earnings going forward? Ajay Bagga answers

What to expect from Q4 earnings going forward? Ajay Bagga answers

“Globally, we are in a Goldilocks environment with good macros as you defined it, we have inflation which is trending down though it is persistent in the journey from 3% to 2%, it is showing some persistence but despite that central banks are talking about rate cuts,” says Ajay Bagga, Market Expert. Since we have … Read more