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UNO Minda, a leading automotive company, is experiencing significant growth in their alloy wheels and lighting businesses. They are also expanding into the EV market and exploring opportunities in premiumisation, wireless chargers, switching, and seating. From EV perspective, the business is doing pretty well. So, there are a lot of factors which are riding on this
UNO Minda, a leading automotive company, is experiencing significant growth in their alloy wheels and lighting businesses. They are also expanding into the EV market and exploring opportunities in premiumisation, wireless chargers, switching, and seating. From EV perspective, the business is doing pretty well. So, there are a lot of factors which are riding on this
JK Tyre expects demand momentum to continue for the tyre industry in the medium to long term, with the automobile industry set to grow amid a positive economic environment, according to a top company official. In an interaction with PTI, JK Tyre & Industries MD Anshuman Singhania expressed hope that the tyre maker would also continue to witness momentum in its top line and profitability.
JK Tyre: For the third quarter ended December 2023, the company reported a three-fold increase in its consolidated net profit to INR 227 crore.
Shibani Sircar Kurian says: “We are at the cusp of a private sector capex cycle which should bode well for long-term loan growth where the sector is concerned and therefore if you take a view of, the next decade or so, financial services, banking as a space is something that will possibly be a thematic sector to look out for over the next decade.”