Manufacturers, however, remain watchful of inflationary trend, even as their prices hikes begin to outpace incremental costs
In terms of order inflows, the sector is expected to have witnessed weakness in the period under review
Of late, prices of metals, such as copper, steel, and aluminium, and crude oil have come off by up to 15 per cent from their October peaks
With the pandemic risk still lurking around the fringes, global growth is yet to attain a structural foothold, Garg said
Promoter's stake buy positive, but prices of aluminium, copper, steel, natural gas, crude oil, etc are all down in the past month
Combined net profit of 42 Nifty50 companies increases 19.2% YoY in Q2
Demand-supply scenario is favourable and should keep prices elevated
Crackdown on property market, energy crunch to hamper growth
Strains in China are particularly evident, where factory-gate prices rose at the fastest pace in almost 26 years in September
Rising costs for households and companies are hitting confidence while pushing inflation faster than economists had expected only a few months ago
Says 2022 going to be difficult year on higher commodity prices
Nestle India chief Suresh Narayanan said that 2022 will likely be a "difficult year" as commodity prices are expected to rise and result in the spectre of food inflation for the manufacturers.
To counter the rise in input costs, Maruti plans to hike prices across-the-board from September, making it the fourth such increase this year
The clearest alarm bell is coming from commodities most sensitive to any shifts in economic growth
The adverse impact of inflation and higher commodity prices is visible in the overall corporate results for Q1FY22
Metals cycle is expected to stay strong and aid the company, but prices may top out this fiscal
Fears over the more infectious variant helped drive US crude below $70 a barrel this week
The higher prices of widely used raw materials such as edible oils, pulses, television panels, and chipsets are burdening household budgets and threatening the margins of leading manufacturers
Combined net debt stood at Rs 6.83 trillion at the end of March 2021
India's retail inflation probably accelerated to a seven-month high in June on rising food and fuel prices, staying above RBI's comfort zone for a second straight month, a Reuters poll showed