Sector Report
Sector Report
Research 360’s sector reports make it easier for you to study, analyze and monitor different sectors in the Indian markets.
No Result Found!
Retail demand remains steady in 2Ws and PVs…..
28 Apr 2024
- Retail demand momentum in Apr2024 influenced by last year's ..
- Steady demand for 2Ws and PVs with healthy YoY growth in re..
Capital Goods: T&D - Benefiting from the new inves..
22 Apr 2024
- Global and domestic demand for transformers is increasing, s..
- High-voltage transformers like 765kVA, 440kVA, and 220kVA a..
Automobiles: Electric 2Ws need govt support to sus..
22 Apr 2024
- The electric 2W (e2W) segment saw a slower growth rate of 30..
- Multiple headwinds in FY24, including subsidy cuts and safe..
Life Insurance: Individual WRP for private players..
19 Apr 2024
- Individual weighted received premium (WRP) for private playe..
- LIC's individual WRP declined 16.1% YoY, while the overall ..
Oil & Gas: OMCs: Earnings volatility a risk; but a..
18 Apr 2024
- OMCs (HPCL, BPCL, and IOCL) have seen a decline in gross mar..
- The decline in marketing margins is due to geopolitical hea..
Cables and Wires: Powering the Indian growth story..
15 Apr 2024
- Indian cables and wires industry estimated to be ~INR1.8t in..
- Rising exports of cables and wires from India to benefit or..
Oil & Gas: Iran-Israel conflict could lead to a su..
15 Apr 2024
- The conflict between Iran and Israel has escalated, leading ..
- The Strait of Hormuz (SoH) is critical for oil, refined pro..
Healthcare: Industry growth weakens sharply in Mar..
14 Apr 2024
- Alembic Pharmaceuticals' secondary sales declined by 5.0% in..
- Top 10 drugs registered negative growth, except for one...
Bankning: Regulatory measures on credit cards to e..
12 Apr 2024
- The RBI has implemented regulatory measures to improve gover..
- Credit card spends as a percentage of GDP in India are stil..
Capital Market : Overall ADTO declines MoM; NSE ac..
11 Apr 2024
- Overall ADTO (Average Daily Turnover) declined by 5% MoM in ..
- NSE (National Stock Exchange) active client base grew by 1...
Infrastructure: Subdued NHAI project awarding in F..
10 Apr 2024
- NHAI project awarding subdued, impacting order inflows for r..
- Toll collections improving, with FAStag toll collections sh..
Earnings to remain steady; NIM contraction to ease..
04 Apr 2024
- Financial sector banks' earnings expected to remain steady i..
- Private and PSU banks expected to report healthy earnings g..
Automobiles: PV and CV OEMs likely to see healthy ..
04 Apr 2024
- PV and CV OEMs likely to see margin expansion QoQ ..
- Steady demand in PV segment, weakness in other segments ..
Financials - NBFCs: Loan growth strong; rising CoF..
04 Apr 2024
- Loan growth strong, but rising cost of funds hindering net i..
- Robust asset quality, but higher credit costs in microfinan..
Consumer: On the course of volume pickup..
04 Apr 2024
- MOFSL coverage universe expects 5.6%/6.2% YoY growth in reve..
- Consumer sector demand trends steady, focusing on core port..
Financials - Non Lending: Capital markets-linked c..
04 Apr 2024
- Capital markets-linked companies expected to perform well in..
- Price hikes in health segment to improve loss ratios and VN..
Financials: Axis vs ICICI Bank: Revisiting perform..
03 Apr 2024
- ICICI Bank has consistently outperformed Axis Bank in recent..
- ICICI Bank has a higher market capitalization compared to A..
Capital Goods: Execution and margin to be key moni..
03 Apr 2024
- Capital goods sector expected to have 11% YoY revenue growth..
- Order inflows steady in key verticals like renewable energy..
Cement: Robust volume growth; weak cement prices l..
03 Apr 2024
- Cement sector to report strong volume growth of 10% YoY in 4..
- Blended realization declined due to correction in cement pr..
Retail: Retailers witnessing subdued demand..
02 Apr 2024
- Many lifestyle retail companies are experiencing softness in..
- Stores are clearing out old inventories and introducing fre..
Consumer: Volume print to improve; risk-reward in ..
01 Apr 2024
- Staples stocks preferred over discretionary stocks..
- Top picks: HUL, GCPL, Dabur (staples), Titan (discretionary..
Automobiles: 2W/PV retail growth to be led by prem..
27 Mar 2024
- Demand for 2-wheelers is recovering, with expected retail gr..
- Retail growth for passenger vehicles is expected to be 3-5%..
Indian Motor Insurance: Favorable auto sales mix d..
26 Mar 2024
- Motor insurance premium has seen a CAGR of 5.5% over FY20-23..
- Rising share of UVs, CNG, automatics, EVs, and top-end mode..
Consumer: Commodity prices stable; gold keeps shin..
22 Mar 2024
- Commodity prices have stabilized in the consumer sector, wit..
- Crude oil prices have been range-bound at around USD85/bbl ..
Automobiles: Premiumization trend visible in 2Ws a..
22 Mar 2024
- Premiumization trend visible in 2-wheelers and passenger veh..
- Maruti Suzuki and Mahindra and Mahindra outperform in passe..
Technology: Accenture's 2QFY24 commentary poin..
21 Mar 2024
- Accenture's 2QFY24 revenues were flat YoY and down 2.6% QoQ...
- Weak 3Q revenue growth guidance and lowered FY24 guidance s..
Oil & Gas: Outlook improving for Oil India and Pet..
15 Mar 2024
- Outlook for Oil India and Petronet LNG in the upstream secto..
- Indraprastha Gas faces challenges in competing with incumbe..
General Insurance: Premium growth driven by the He..
15 Mar 2024
- The general insurance industry in India saw a 13% YoY increa..
- The growth was driven by the Health and Motor OD segments, ..
Capital Market: Overall ADTO remains buoyant; NSE ..
13 Mar 2024
- Overall ADTO volume in the financial sector remains buoyant,..
- Demat account additions surged to 4.3 million in Feb24, com..
Capital Goods: Powergenset demand remains strong..
12 Mar 2024
- Powergenset demand remains strong, with strong activity acro..
- Inventory levels for CPCB 2 based gensets will start coming..
Healthcare: Industry growth at high single digit f..
12 Mar 2024
- India pharma market (IPM) grew 7.7% YoY in Feb24...
- Cardiac/Derma/Neuro therapies drove growth, while Respirato..
Flat steel prices continue to remain under pressur..
11 Mar 2024
- Indian companies' valuation and price metrics for March 2024..
- Flat steel prices are under pressure and may remain unchang..
Life Insurance: Individual WRP for private players..
09 Mar 2024
- Individual weighted received premium (WRP) for private playe..
- LIC's individual WRP increased 13.3% YoY, while the overall..
Cement prices declined; however, demand was health..
06 Mar 2024
- Average price of cement per 50kg bag down 4.2% YoY in Feb24..
- Cement prices declined, but demand was healthy..
Automobiles: Feb'24: Healthy growth across seg..
01 Mar 2024
- Automobile sector saw healthy growth in February 2024, excep..
- Two-wheelers performed well, with dispatches growing 24% Yo..
Financials - NBFCs: Benefit of a declining interes..
01 Mar 2024
- NBFCs facing challenges due to RBI circular on Bank Term Loa..
- NBFCs calibrating loan growth and cutting down on lower tic..
Indian Health Insurance: Loss ratios likely to mod..
28 Feb 2024
- Loss ratios in the Indian health insurance sector are expect..
- Slow growth and high loss ratios have been concerns for STA..
Financials: PSBs: Sustained profitability to drive..
26 Feb 2024
- Public sector banks (PSBs) have seen sustained profitability..
- PSBs' market cap contribution has increased to FY14 levels...
Ferrous prices remain in a tight range; Tier-I mil..
26 Feb 2024
- Domestic steel prices in India have remained range-bound, wi..
- Tier-I mills have reduced their inventory of long steel pro..
Oil & Gas: India Upstream: Still has more steam le..
21 Feb 2024
- The India upstream stocks, ONGC and Oil India, have shown st..
- There is still potential for 15-20% value upside in both st..
EMS: Strong revenue and orderbook growth; margin w..
20 Feb 2024
- EMS sector revenue growth strong, but margins weakened ..
- DIXON had highest revenue growth, SYRMA and KAYNES had high..
Hotels: Leveraging favorable demand-supply dynamic..
16 Feb 2024
- Hotel industry revenue up 21% YoY in 3QFY24...
- Increase in ARR and OR contributing to strong financial per..
Financials: WALR on fresh loan declines; Pace of T..
10 Feb 2024
- The weighted average lending rate (WALR) on fresh loans decl..
- PSU banks reported a decline of 9bp MoM in WALR for fresh l..
Life Insurance: Individual WRP for private players..
07 Feb 2024
- Individual weighted received premium (WRP) for private playe..
- LIC's individual WRP grew 6.6% YoY, while the overall indus..
Automobiles: Visible recovery in e2W volumes after..
05 Feb 2024
- Visible recovery in e2W volumes after a dent in 2QFY24...
- Ola Electric and TVSL continue to lead the EV market...
Real Estate: Industry dynamics indicate residentia..
29 Jan 2024
- Prestige Estates surpasses pre-sales guidance for FY24, aimi..
- Plans to deliver 6.7 million sq ft of office assets, boosti..
Capital Goods: Investor feedback on capital goods ..
29 Jan 2024
- Investor feedback on capital goods sector remains positive, ..
- Sectors like renewables, transmission, railways, defense, a..
Ferrous prices remain in a tight range ahead of Un..
29 Jan 2024
- Indian steel prices remain range-bound due to various factor..
- The price parity between different steel routes in India ha..
Mutual Funds: Lower revenue growth dents overall p..
25 Jan 2024
- Strong trends in SIP flows continue, with increasing ticket ..
- Debt flows remain weak as investors opt for other fixed-inc..
Oil & Gas: Can petrochemicals surprise in 2HFY25-F..
25 Jan 2024
- The oil and gas sector is experiencing a multi-year upcycle...
- Petrochemical spreads have been weak in FY24 but may bottom..
Health Insurance: SAHIs: Securing the population..
11 Jan 2024
- Only 4% of India's population has retail health insurance co..
- Standalone health insurance companies dominate the market a..
Healthcare: IPM grew moderately for second consecu..
11 Jan 2024
- Secondary sales of top healthcare companies grew moderately ..
- Indian pharma market (IPM) grew 5.1% YoY in Dec23...
Financials: CY23: All's Well That Ends Well..
07 Jan 2024
- The banking sector had a muted year in CY23 but recovered in..
- Return ratios for the sector were robust, but margins and l..
Automobiles: Gross margin to contract sequentially..
07 Jan 2024
- Automobiles sector to see growth in volumes, except tractors..
- 2Ws outperforming with 20% YoY growth...
Financials - Non Lending: Capital markets-linked c..
03 Jan 2024
- Capital markets-linked companies expected to perform well in..
- Price hikes in health segment to improve loss ratios and VN..
Financials - NBFCs: Healthy profitability despite ..
03 Jan 2024
- Expect healthy AUM growth in financial sector, particularly ..
- Anticipate robust credit demand and loan growth for HFCs, v..
Financials: Banks and Insurance: Earnings growth t..
03 Jan 2024
- Earnings growth expected to moderate, with focus on NIMs..
- Controlled slippages to improve asset quality..
Technology: Furloughs: A headwind over and above a..
01 Jan 2024
- IT services sector to face headwinds from furloughs and weak..
- Tier 1 companies like HCL Technologies and Persistent Syste..
Higher imports and New Year holidays keep metal p..
01 Jan 2024
- Lower-than-expected offtake during the New Year holiday seas..
- Higher inventory at mills and parity between the IF and BF ..
Automobiles: 2W demand driven by growth in key mot..
27 Dec 2023
- 2W demand remained strong in Dec23, while tractor demand was..
- Retails for 2Ws are expected to grow 13-15% YoY in Dec23...
Consumer: Oil, VAM and tea prices cooling off; oth..
25 Dec 2023
- Prices of oil, VAM, and tea have cooled off, while other agr..
- Crude oil prices have declined due to sluggish demand and e..
General Insurance: Premium growth driven by Retail..
19 Dec 2023
- The general insurance industry in India saw a 9% YoY increas..
- The growth in premium was driven by the retail health and m..
Technology: Accenture's 1QFY24 commentary poin..
19 Dec 2023
- Accenture reported 1QFY24 revenue growth of 1.0% YoY CC, mee..
- However, the company expects near-term weakness with Q2 rev..
Capital Market: Retail ADTO sees a strong comeback..
19 Dec 2023
- Retail ADTO (Average Daily Turnover) in the financial sector..
- NSE (National Stock Exchange) active clients increased for ..
Financials: Public Sector Banks: Well poised for R..
18 Dec 2023
- Public sector banks (PSBs) have improved earnings quality an..
- PSBs are expected to sustain earnings growth through loan g..
Consumer: Value pack drives growth; volume recover..
12 Dec 2023
- FMCG sector in India has seen lower volume growth in the las..
- Middle-income group accounts for the majority of FMCG consu..
Record monthly imports keep ferrous prices in chec..
11 Dec 2023
- Indian steel companies' valuation metrics for FY23 and FY24 ..
- Record monthly imports have kept ferrous prices in check in..
Healthcare: Weak seasonality drags overall growth ..
11 Dec 2023
- Healthcare market in India grew 3.5% YoY in Nov23, impacted ..
- All therapy sectors experienced mid-to-high single-digit gr..
Oil & Gas: Volume growth in focus for ONGC, GAIL a..
09 Dec 2023
- ONGC, GAIL, and Oil India (OINL) are focusing on volume grow..
- ONGC plans to increase production to 50mmtoe by FY28 throug..
Life Insurance: Individual WRP for private players..
07 Dec 2023
- Individual weighted received premium (WRP) for private playe..
- WRP for the industry declined 4% YoY in Nov23...
Capital Goods: Winds of change: Powering up for su..
03 Dec 2023
- Capital goods sector experiencing sustainable growth opportu..
- Government and private sector capex expected to increase du..
Automobiles: Nov'23: Volumes miss estimates ac..
01 Dec 2023
- Automobile volumes in November 2023 missed estimates across ..
- Two-wheelers performed relatively better compared to other ..
Cement: Cement prices rise QoQ despite softness in..
01 Dec 2023
- Average price of cement per 50kg bag decreased by 2% MoM in ..
- Cement prices rose QoQ despite a softness in November 2023...
Indian Insurance: Non-Par products continue to dri..
01 Dec 2023
- The banca channel dominates the distribution mix for private..
- Non-par products are driving growth in the banca channel...
Real Estate: Pre-sales to witness 30% YoY growth i..
30 Nov 2023
- Real estate pre-sales expected to grow 30% YoY in FY24E...
- Launches to double in the second half of FY24...
Oil & Gas: Upstream: A multi-year upcycle underway..
29 Nov 2023
- Global oil demand growth supports oil and gas sector...
- Upstream companies like ONGC and OINL are recommended...
Automobiles: Post-festival demand momentum sustain..
28 Nov 2023
- The replacement market for trucks and commercial vehicles is..
- Demand for newer trucks is strong due to their ability to r..
Ferrous prices continue to decline; copper and alu..
27 Nov 2023
- Indian steel prices have decreased for both flat and long st..
- Steel spreads are at their lowest levels, and market partic..
Automobiles: Navigating 2W resurgence amid initial..
23 Nov 2023
- Auto sector rebounded with strong demand, supply chains, and..
- Nifty Auto index outperformed Nifty, reflecting robust sect..
EMS: 2QFY24 a mixed bag, but 2H outlook bright..
22 Nov 2023
- Mixed performance in 2QFY24, positive outlook for second hal..
- Strong revenue growth, but margin pressure due to company-s..
General Insurance:: Premium growth driven by Retai..
21 Nov 2023
- The general insurance industry in India saw a 13% YoY increa..
- The growth was driven by the Motor OD segment, which expand..
Aviation: Demand strong; IndiGo loses market share..
17 Nov 2023
- Domestic air passenger growth increased 11% YoY in Oct23, su..
- IndiGo experienced a dip in market share for the first time..
Retail: Value Retail: Unlocking the vast potential..
17 Nov 2023
- Value fashion segment in retail industry growing with big pl..
- Trent's Zudio successful with high store productivity and l..
Financials: RBI increases risk weight on consumer ..
16 Nov 2023
- The RBI has increased risk weight on consumer loans, which w..
- The increase in risk weight will lead to a 2-5% increase in..
Capital Market: Overall ADTO moderates MoM; NSE ac..
15 Nov 2023
- Overall ADTO volume declined 1.5% MoM to INR330t, with F&O A..
- Demat account additions stood at 2.7m in Oct23 vs. average ..
Healthcare: Growth momentum fortifies in Oct'2..
15 Nov 2023
- Indian pharma market grew 16.5% YoY in Oct23, driven by anti..
- IPCA, Macleods, and Intas recorded higher growth rates than..
Logistics activity robust in Oct'23 as festive..
14 Nov 2023
- Logistics activity experienced a surge in October 2023 due t..
- Daily average e-way bill generations increased by 6% month-..
Festive mood keeps metal prices in check for fifth..
14 Nov 2023
- Indian companies in the steel and non-ferrous sectors have d..
- Steel companies like Tata, JSW, JSP, and SAIL have varying ..
Loan yields showing stickiness; rising CoF to keep..
11 Nov 2023
- The weighted average lending rate (WALR) on fresh loans decl..
- PSU banks reported a decline of 17bp in WALR on fresh loans..
Life Insurance: Individual WRP for private players..
08 Nov 2023
- Individual weighted received premium (WRP) for private playe..
- Industry growth for individual WRP stood at 13.1% YoY in Oc..
Prices increased in October; sustainability is the..
31 Oct 2023
- Cement prices increased in October, with the average price p..
- All-India average cement price also increased 4.5% MoM in O..
Download Our App On:
