Market

“This acquisition is in line with Exicom’s strategic vision to be a key contributor to the world of tomorrow by enabling an emission free future for mobility. Exicom and Tritium have a complementary sales and product footprint and have each…
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“India’s headline manufacturing PMI showed a marginal slowdown in the pace of expansion in July, but with most components remaining at robust levels, the small drop is no cause for concern. New export orders remain a bright spot, rising by…
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“With 9.3% increase in sales revenue, compared to Q2 2023, our growth momentum remains strong in Q2 2024. This growth is driven by significant order inflows from various segments. Our contributions to the energy sector also remain robust as…
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“Upon the Scheme becoming effective, both TMLCV and TML will be renamed, resulting in two separate listed entities: 1) The Commercial Vehicle business and its related investments, under the name TML, and 2) The Passenger Vehicle business,…
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“Demand in Indian and Middle Easter markets is quite buoyant. Sales has been muted in Europe due to the effects of the Ukraine war and rising raw material costs. Performance in the USA is picking up momentum; however, outlook remains…
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“The earnings before interest, depreciation and taxes (EBITDA) for the quarter ended June 30, 2024, was at ₹223.06 crore as against ₹197.66 crore during the same period in the previous year. The Company has reported its EBITDA margin at…
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“The Q1FY’25 results showcase steady growth for the WardWizard Innovations driven by the increasing demand for electric vehicles in the industry. This quarter was significant for us as we successfully secured a landmark order from Beulah…
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“We make sure that all our marketing campaigns and other initiatives are targeted at speaking directly with customers across industries to explain how WIKA’s 75 years of experience in the global marketplace can be applied to the…
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“Ashok Leyland’s Q1 performance has beaten all expectations, we have been able to post excellent results with focused market performance while reining in costs. Through our Electric Vehicle subsidiary, Switch Mobility, we are geared to…
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“The overall market conditions remain favourable as the manufacturing sector continues to future-proof itself through ongoing investments in alternative propulsion systems, software-defined products and services, and smart manufacturing.…
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