Page 53 - Intelligence Group News Today

A better product mix and a judicious call on staying away from EV scooter discounting should fatten margins. The maker of Apache expanded its margins by 114 basis points on a year-on-year basis to 11.2% in the December quarter and its operating profit (Ebitda) per vehicle rose to a record high of ₹8,397. One basis point is 0.01 percentage point.

The FPIs’ assets under management (AUM) in the power sector rose by 39% to $31 billion in the past three months compared with 16% growth in their total equity AUM. Power stocks received an FPI inflow of $242 million over the past month, accounting for 8% of the total inflow.

A man holds the body of a small child as he and others mourn while collecting the bodies of friends and relatives killed in an airstrike on January 13, 2024 in Rafah, Gaza. (Photo by Ahmad Hasaballah/Getty Images)(NEW YORK) -- More than 100 days since Hamas terrorists invaded Israel on Oct. 7, the Israeli military continues its bombardment of the neighboring Gaza Strip. The conflict, now the deadliest between the warring sides since Israels founding in 1948, shows no signs of letting up soon and...

A man holds the body of a small child as he and others mourn while collecting the bodies of friends and relatives killed in an airstrike on January 13, 2024 in Rafah, Gaza. (Photo by Ahmad Hasaballah/Getty Images)(NEW YORK) -- More than 100 days since Hamas terrorists invaded Israel on Oct. 7, the Israeli military continues its bombardment of the neighboring Gaza Strip. The conflict, now the deadliest between the warring sides since Israels founding in 1948, shows no signs of letting up soon and...

A man holds the body of a small child as he and others mourn while collecting the bodies of friends and relatives killed in an airstrike on January 13, 2024 in Rafah, Gaza. (Photo by Ahmad Hasaballah/Getty Images)(NEW YORK) -- More than 100 days since Hamas terrorists invaded Israel on Oct. 7, the Israeli military continues its bombardment of the neighboring Gaza Strip. The conflict, now the deadliest between the warring sides since Israels founding in 1948, shows no signs of letting up soon and...

“LGBT is perversion” – “transgenders are Kafir”. Such notoriety targeting LGBT community has been gradually spreading like wildfire in Bangladesh, which

The company’s operating margin before depreciation and amortization (EBITDA margin) rose by 29 basis points sequentially to 20.1% in the third quarter of the current fiscal year even though the volume share of the three-wheelers segment, which has superior margin, in the total volume dropped by 230 basis points to 10.2%. In addition, the EBITDA per vehicle at Rs 20,232 was at par with the last quarter’s level though the average selling price fell 1.4% to Rs 100862 per unit.

The AUM of Ireland-domiciled funds rose 40% year-on-year to ₹3.32 lakh crore ($40 billion) at the end of December 2023, while the total FPI equity AUM expanded by 26% to ₹61.32 lakh crore ($737 billion). Consequently, the share of Ireland-based funds in Indian equities rose to 5.42% - a record-high level, according to the NSDL data.

December quarter typically is a seasonally strong quarter marked with festivals and the onset of winter. However, this time it was characterised by uneven monsoon, delayed winter and slow growth in demand for mass products compared with the premium end of the shopping basket.

Increasing adoption of fintech platforms to invest in mutual funds by retail investors played a key role in this trend.