Pmi Manufacturing

Markets Today: GDP; Nov Mfg PMI; Dow & S&P 500 at record; FIIs; auto sales

The preceding week ended on a positive note for equity benchmarks. On Friday, the BSE Sensex surged 0.96 per cent to close at 79,802.79, while Nifty also gained 0.91 per cent to settle at 24,131.10

Market Today: GIFT Nifty; Adani stocks; Zinka, NTPC Green IPO; PMI, Rupee

In the previous session, the Sensex fell 0.54 per cent to close at 77,156.80, while the Nifty declined 0.72 per cent to settle at 23,349.90

HSBC flash India composite PMI rises to 58.6 in Oct; job creation improves

Index has been above the 50-level separating growth from contraction for 39 consecutive months

India's manufacturing activity growth hits 3-mth low in Aug, shows PMI

The HSBC final India Manufacturing Purchasing Managers' Index, compiled by S&P Global, fell for a second month in August, dropping to 57.5 from July's 58.1

Softer rise in manufacturing output slows flash PMI to 60.5 in August

Pace of expansion remains sharp and indicates strong demand and favourable market conditions, HSBC survey

Softer increase in new orders, output slows down manufacturing PMI in July

However, international sales expanded at the fastest pace in over 13 years, while job creation remained robust, and selling prices saw the steepest increase since October 2013

Asia stocks rise on rate cut hopes, better-than-expected China's PMI data

Investors are a lot less dovish on the Fed, seeing little prospect of a move until September and even that is far from a done deal

Business activity expands in May as exports surge, PMI rises to 61.7

Robust demand was supported by new business in the services industry, which grew at the fastest pace since January, as well as rising manufacturing output and new orders

UK businesses expand at fastest pace in 11 months, shows PMI survey

Last month the Bank of England estimated the economy grew just 0.1% in the first quarter and would do only slightly better in the second

April business growth at near 14-year high on robust demand, show PMIs

The reading has been consistently above the 50-mark separating expansion from contraction since August 2021

16-yr high: At 59.1 in March, India's manufacturing PMI highest since 2008

The manufacturing PMI has remained above the 50-mark for more than 30 consecutive months

India's February manufacturing PMI rises to 56.9, highest in 5 months

The latest PMI figure comes a day after the National Statistical Office (NSO) data showed that India's GDP grew by 8.4 per cent in the October-December quarter

Feb manufacturing PMI rises to 56.9 on increased production, new orders

India's HSBC India Manufacturing PMI came in at 56.9 in February, the fastest since October last year when it was 55.5

Global factory check-up about to reveal extent of nascent recovery

A recent uptick in a global index of manufacturing - to the highest level since mid-2022 - has spurred expectations the sector has reached a turning point

Buoyant demand pushes India's services PMI to 6-month high in January

January figure marks 30 months of the index remaining above the 50-mark since July 2021. A reading above 50 in the survey indicates expansion of the sector and a figure below that suggests contraction

Manufacturing PMI rises to 56 in Nov as cost inflation hits 40-month low

Inflationary pressures retreated, with purchase costs rising at the weakest pace since the current sequence of increases began in August 2020

Hi-Tech Pipes Q1 net profit grows around 80% to Rs 8 cr, revenue up 24%

Hi-Tech Pipes has reported around an 80 per cent rise in its net profit to Rs 8.02 crore during the quarter ended June 30, mainly due to higher revenues. It had clocked Rs 4.48 crore net profit during the April-June period of the preceding 2022-23 fiscal, the company said in a statement on Monday. The company's revenue from operations also rose 24 per cent to Rs 642.17 crore in Q1 FY24 from Rs 516.17 crore in the year-ago quarter. Its total sales volumes increased to 84.5 thousand tonnes over 70 thousand tonnes in Q1FY23. "The company has registered sales volume growth of 21 per cent. This volume growth has been majorly contributed by increased sales of value-added products like GP coils, colour-coated coils and sheets. The company is well positioned in this market segment," Ajay Kumar Bansal, Chairman and Managing Director, Hi-Tech Pipes, said. On business updates, he said the greenfield facility of large diameter pipes at Makhiyav, Sanand in Gujarat, is expected to start commerc

India's July manufacturing PMI comes at 57.7 on sustained improvement

Meanwhile, growth in new export business picked up to the fastest since last November

May PMI manufacturing comes at 58.7; hits 31-month high on strong demand

Demand conditions demonstrated remarkable strength, with factory orders rising at the fastest pace since January 2021

Manufacturing PMI at 3-month high of 56.4 in March as input costs decline

Companies expect customers, new products, advertising to support sales for 12 months: S&P Global survey