/PRNewswire/ The automotive steering knuckle market potential growth difference is likely to reach USD 8.81 billion from 2021 to 2026, as per the latest.
TRIS Rating affirms the company rating on AAPICO Hitech PLC (AH) at ?BBB+?. At the same time, we revise the rating outlook to ?stable? from ?negative?. The change in the rating outlook reflects an expected recovery in the company?s operating performance, which will improve its earnings and financial leverage.
The rating continues to reflect AH?s strong competitive position as a Tier-1 automotive parts manufacturer in Thailand, its solid core operations, and efficient cost control. These strengths are partially offset by the company?s rather thin profit margins, customer concentration risk, and the cyclical nature of the automotive industry. The rating also takes into consideration increasing exposure to overseas operations which could pose significant challenges while presenting opportunities to broaden market coverage.
June 09, 2021
Poultry industry takes the initiative to cultivate the oilseed crop on 300 acres this year
After a gap of over a decade-and-a-half, farmers in Tamil Nadu are likely to take up soyabean cultivation from this year.
Like farmers in other parts of the country, Tamil Nadu growers have been buoyed by current high prices for soyabean. Tamil Nadu’s Broiler Coordination Committee (BCC) is taking the initiative to reintroduce soyabean in the State.
“We are likely to buy soyabean seeds and help farmers to grow soyabean. We will also help them by providing the prices that prevail in the market,” said Vangili Subramaniam, President, Tamil Nadu Poultry Farmers’ Marketing Society.