The geopolitical issues between Russia and Ukraine have given birth to various economic problems for Carborundum Universal Limited. Its Russian subsidiary, Volzhsky Abrasive Works (VAW), is navigating a rough path.
Energy costs form a significant part of the expense for cement manufacturers. One of the strengths of Shree Cement has been its ability to keep energy cost much lower than other players.
It looked like startups had taken the lead in the electric two-wheeler segment and traditional internal combustion engine (ICE) players would have a lot of catching up to do. However, some EVs bursting into flames have put a question mark on these startups. Are larger players like TVS better placed to take advantage of this EV space?
The world is moving away from internal combustion engine vehicles to battery-powered electric vehicles (BEVs). But electric vehicles’ sales have been slow, accounting for only 3% of global passenger car sales.
The Indian footwear market is expected to grow at a healthy double-digit rate of 17 per cent between FY20 and FY25 as there would be an uptick in income levels, standard of living, footwear fashion statements, sales volumes in urban areas, women workforce participation and brand awareness.
Though all lenders fret over the uncertainty that war or a financial crisis brings, companies that lend against gold are best placed to take advantage of all the volatility and uncertainty. Not only does the size of their balance sheet rise, but even the risk of rising non-performing assets (NPAs) comes down during such times.
After a long phase of growth, the electrical goods industry is getting closer to a consolidation. This will lead to re-rating of some companies. The industry had a good chunk of unorganised suppliers. But multiple factors have contributed to a steady shift in demand from the unorganised to the organised sector. The sector looks promising.