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MARKET WRAPS Stocks: European stocks were lower on Thursday as investors parsed economic data from China and Germany. Chinese exports edged up 0.5% in November, while imports showed... -December 07, 2023 at 06:09 am EST - MarketScreener
The slowdown in Q3 was owing to factors such as weakness in the mid-market segment and rise in dining out. This has caused a sequential drop in order volumes and average monthly transacting users.
The company is bogged down by subdued global demand for zinc. Further, there is looming uncertainty as the government is expected to offload its stake in the company.
Subdued demand reduced freight rates for mining, cement, steel in November: Crisil
Why fresh lockdowns may spell more trouble for two-wheeler stocks The volume recovery for bikes has been slower than that of the passenger cars. Synopsis Over the past few days, five states accounting for nearly 30% of the country’s bike sales volume, have imposed lockdowns resulting in a complete halt in retail sales. ET Intelligence Group: The stocks of two-wheeler makers have trailed the benchmark Nifty 50 by 5.6% over the past month. Their price-earnings multiples are now 13-17% lower than the one-year average. The underperformance may continue in the near-term due to the possibility o...