Heat wave, elections in India create unlikely earnings winners and losers


Demand from villages and smaller towns outpaced that of cities in the April-June quarter in a sign of India’s broad-based economic growth. - Reuters

MUMBAI: A scorching summer and a long-drawn election in India may throw up some unlikely winners and losers this earnings season with consumption-linked firms Avenue Supermarts Ltd. and Bajaj Auto Ltd. slated to report next week.

Demand from villages and smaller towns outpaced that of cities in the April-June quarter in a sign of India’s broad-based economic growth.

Uh-oh! Daily quota reached.


Experience an ad-free unlimited reading on both web and app.

Follow us on our official WhatsApp channel for breaking news alerts and key updates!

India , heat wave , elections , market report

   

Next In Aseanplus News

China ‘poised to lead’ creation of quantum-proof telecoms security protocol
China’s Zhipu AI says its app can operate your smartphone for you
High Court dismisses NGO's suit against Perhilitan over dusky leaf monkey culling
12 door guardian statues unearthed at Cambodia's Angkor
China, Myanmar mark 10 years of biodiversity conservation partnership
Indonesia arrests former trade minister in sugar import graft case
Five Chinese citizens rescued from alleged abductor in Manila
1MDB trial: Najib’s defence team plans to call 11 witnesses
Thailand ranks fifth in most nerve-racking nations to drive in: Survey
GISB CEO, wife file habeas corpus petition, challenge arrest

Others Also Read