Welcome to the Indian Market tracker, we constantly support traders to analyze the rise and fall of the market for ten categories on the daily basis. We analyze and display the beginning value of the market on the morning updates and the Ending value on the evening updates. We examine the everyday trends for these categories and flash them as push notifications in our mobile applications and our success rate is above 80 percent. Play Store
Tata Power, one of India’s largest power generation companies has lined up a capital expenditure of ₹75,000 crores for renewable energy over the next five years, Chairman, N Chandrasekaran said to shareholders at the company’s 103rd annual general meeting. The focus on the renewable energy sector has led to steady growth of India’s renewable energy…
In the first quarter of FY23, as many as 72,474 EVs were registered in the country in June, according to the data available on the Vahan portal. This is a 547% jump, compared to the June 2021 figures. In fact, the first quarter of the current fiscal (Q1 FY23) saw the most number of Electrical…
India’s mobile imports decreased 33 percent year-on-year in FY22, according to a research report by credit rating company Crisil. Dependency on China reduced to 60 percent from 64 percent in FY21 and is expected to fall more in the medium-term. Crisil estimates that Indian consumption will reach ₹3.5 lakh crore to ₹4 lakh crore in…
A weakened Asian order book and competitively priced Chinese offerings saw Indian steel exports take a hit in May, down by 42% over the same period last year. Finished steel exports in May were around 6,82,000 tonnes, flattish on a month-on-month basis. In April and May, exports declined 35% (y-o-y) to 13,58,000 tonnes. Steel exports…
Maruti Suzuki India (MSIL) said on Thursday that it is conscious of its market share falling and to fix that it will introduce new and right products. The company’s overall share in the Indian passenger vehicle market had come down to 43.4 percent in FY22 from nearly 50 percent earlier, mainly due to decreasing sales…
Market leader Tata Motors is surveying setting up new standalone Electrical Vehicle showrooms, which could become a first in the car industry. However, since Tata Motors has a limited number of EV offerings at present, containing just two models, the company does not see an urgent need for a separate retail network. For the traditional…
Leading two and three wheeler producers, TVS Motor Company, plans a ‘product offensive’ strategy and strong success story on the export front in FY23 even as it is cautiously optimistic about the growth outlook. “The company will launch additional products, including electric vehicles with outstanding technologies,” Ralf Dieter Speth, Chairman, TVS Motor, said at the…
NMDC’s three million tonnes per annum (mtpa) greenfield steel plant at Nagarnar in Chhattisgarh is likely to be operational towards the end of September, after a delay of nearly seven years. The state-run company spent Rs 20,240 crore as of May this year for the plant and is likely to spend another Rs 1,700 crore…
Vodafone Idea has decided to hold over an additional Adjusted Gross Revenue (AGR) dues of Rs 8,837 crore for a period of four years, and avail of the Government’s four-year prohibition on such payments. The dues concern FY18 and FY19, which were not covered by the Supreme Court’s October 2019 order, under which telecom operators…
India’s steel exports is expected to fall by 40% to 12 million tonnes (mt) this fiscal, owing to duty related measures taken by the government last month, “Steel exports will drop 35-40% to 10-12 mt this fiscal following the 15% export duty imposed on several finished steel products last month. Exports of iron ore and…
