As can be seen, the growth rate of Infosys has been high in the recent past and margin wise as well, Infosys is coming close to TCS. It will be interesting to watch if Infosys is able to cross over TCS in margins front. In that case, Infosys which trades at a lower PE compared to TCS may start commanding higher PE ratios. So watch closely for the next few quarters with regards to margin trends.
Indian tire industry Currently, India sells around 22 crore tires – of these 2-wheeler tires are around 11 crores, 4-wheeler tires are 6 crores, Commercial vehicles are around 3 crores and tractors at around 0.7 crores. Also, the replacement demand is around 14 crore tires and OEM demand is 8…
Following are some of the key numbers about the global and Indian battery industry and the expected evolution of both of them. Global battery industry In terms of revenue, the global battery industry was valued at $111.86 billion in the year 2021 and is projected to reach $423.90 billion by…
