Brokerage firm Motilal Oswal expects 14-15 percent growth in the business of banks analysed by it during 2013-14 and 2014-15. The firm expects stabilization in asset quality and margins, higher trading gains for the banks analysed by it. This would enable the banks to report a comp
Tag: margins
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Weak pricing power may have hit profitability of steel firms
Weak pricing power and high cost of raw materials may have eroded the profitability of many steel makers in India, some brokerages feel. Despite high cost of raw material, domestic steelmakers are unable to raise prices because of subdued demand. Therefore, analysts expects steel firms to a
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Investment in infra holds key for steel demand
Experts and industry bodies feel that steel demand may not pick up in the country unless the government realises its targeted investment of $1 trillion in infrastructure sector during 2012-17 (12th five-year plan). In order to attain this target, government must address regulatory hurdles, delays in project execution, amo
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Weakness in rupee may hit margins of steel firms
Credit ratings agency India Ratings expects the margins of firms producing flat steel through the blast furnace route to come under pressure if the rupee depreciates further against dollar. Therefore, the agency expects profit margin of these producers to remain under pressure in 2013, even after effec