As such, demand revival for ball bearings is a signal that downstream industries are witnessing increased demand. Most of the listed stocks in the industry have seen 10-15 per cent rise in the last week.
The domestic market has seen demand improving from the industrial segment, automobiles and railways. While exports remain muted for the European Union and the UK, there is better demand in other regions. There are new opportunities opening up due to capex by industrial metals, cement and steel industry as well as the electric vehicle (EV) industry.
The Q4FY24 period saw volume and revenue expansions for most domestic players and many also registered margin expansions. A few other trends seem to be playing out industry-wide and are worth mentioning.
この記事は Business Standard の June 18, 2024 版に掲載されています。
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この記事は Business Standard の June 18, 2024 版に掲載されています。
7 日間の Magzter GOLD 無料トライアルを開始して、何千もの厳選されたプレミアム ストーリー、9,000 以上の雑誌や新聞にアクセスしてください。
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