Motherson Sumi Wiring capacity to go up 10% as two new plants get operational in Q1: Management

Motherson  Sumi Wiring  capacity to go up 10% as two new plants get operational in Q1: Management

Mahender Chhabra, CFO & Anurag Gahlot, COO, Motherson Sumi Wiring, in conversation with ET Now. Gaholot says Motherson Sumi Wiring finds the market very interesting and expects very good growth in the future as well. Volume is growing from the OEMs who ate adding capacities and customers are also choosing feature-rich models or topline models. … Read more

In AUM term, we are the largest low-income HFC: Rishi Anand, Aadhar Housing Finance

In AUM term, we are the largest low-income HFC: Rishi Anand, Aadhar Housing Finance

Rishi Anand, MD & CEO, Aadhar Housing Finance, says the timing of the election, as their bankers have suggested, does not matter too much. So, they have gone ahead with the listing. In the entire context of getting Sebi approval for IPO in 2022 and not going ahead with it and then coming back with … Read more

On longer-term structural side, Goldman Sachs overweight on India & Indonesia: Sunil Koul

On longer-term structural side, Goldman Sachs overweight on India & Indonesia: Sunil Koul

Sunil Koul, Executive Director (Asia Pacific Portfolio Strategy, Global Macro Research), Goldman Sachs, says: “We have a barbell approach within the market. We have bets which we like from a more tactical value side of things, so we are overweight China A-share markets, we are overweight some of the North Asian markets which includes Japan … Read more

Indegene looking forward to enhancing EBITDA & PAT margins: Management

Indegene looking forward to enhancing EBITDA & PAT margins: Management

Manish Gupta, Chairman & CEO and Suhas Prabhu, CFO, Indegene, in conversation with ET Now. says: “The margin, especially at the EBITDA level, has consistently grown from 18.8% to 21.9%. We will look at sustaining and growing the margins as we go forward. Another aspect, given the proceeds from the IPO would be to go … Read more

We would keep 12-15% cash and wait for stocks that would outperform over next 12 months: Sandip Sabharwal

We would keep 12-15% cash and wait for stocks that would outperform over next 12 months: Sandip Sabharwal

Sandip Sabharwal, asksandipsabharwal.com, says “the markets have corrected and people are correlating it to what might happen in the election. I do not think that is the right way to do it. I think markets fall under their own weight when they become overweight. So, the Indian market became overweight and is correcting a bit. … Read more

What RBI proposal for tighter project finance rules will mean for REC, PFC?

What RBI proposal for tighter project finance rules will mean for REC, PFC?

Anil Gupta, Sr VP & Co-Group Head-Financial Sector Ratings, ICRA, in conversation with ET Now on RBI proposal for tighter project finance rules. Gupta says “given the market reaction, there could be a case where maybe more clarification will emerge as to whether 5% provision requirement is on the entire under-construction portfolio of the lenders … Read more

Blue Star has a very balanced growth in both B2B and B2C segments; Jan-July overall market growth to be 30-35%: Vir Advani

Blue Star has a very balanced growth in both B2B and B2C segments; Jan-July overall market growth to be 30-35%: Vir Advani

Vir Advani, CMD, Blue Star, says “room air conditioners had a fantastic Q4. April, of course, has been very strong for the industry as well as for us, as has our commercial refrigeration products, deep freezers, water coolers, etc. I think that the outlook for the summer is, of course, strong. In May and June, … Read more

Adani Wilmar food business should double for next 3-5 years: Angshu Mallick

Adani Wilmar food business should double for next 3-5 years: Angshu Mallick

Angshu Mallick, MD & CEO, Adani Wilmar, says going forward, as the new mustard season has just started, the new meal, oil meal, rapeseed oil meal will be available now for exports. So, the Q1 of FY25 should be better. Overall, the edible oil has been growing. This year has grown at 10%, which is … Read more

Wireless equipment, wireline offer significant opportunities of replacement: Tejas Networks management

Wireless equipment, wireline offer significant opportunities of replacement: Tejas Networks management

Anand Athreya, CEO & MD and Arnob Roy, COO & ED, Tejas Networks , in conversation with ET NOW. Though BSNL has given the biggest order, a significant amount of the order book is for other customers and for Tejas’ wireline products. The order book is mainly the business and tenders that they have won … Read more

Our aspiration is to make Persistent a $2 billion plus company in next three years: CEO

Our aspiration is to make Persistent a $2 billion plus company in next three years: CEO

Sandeep Kalra, CEO, Persistent Systems, says “as we go ahead, as the market conditions stabilise, that will give us the opportunity to have the leverage of all the investments we have done whether they are in the next generation technologies like generative AI or increased sales and marketing investments, etc, and that should help us … Read more