Sat, Jan 2, 2021 10:03 AM
KKR to float private InvIT in bid to house renewable assets
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After witnessing an all-time high numbers in FY 2023-24, passenger vehicle (PV) sales during April 2024 remained flat at 3,38,341 units. Industry players reckon that due to the “high base effect” of last year and “lukewarm retails” during election season, the total industry car wholesales were up by just 1.76 percent in April 2024 from 3,32,468 units dispatched during April 2023.
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Stock markets may continue their winning run in May after registering gains in the past three months as investors' sentiment are upbeat amid India's promising economic growth prospects, the current government's potential re-election in the ongoing polls and robust participation from domestic investors. The 30-share BSE Sensex had declined 0.67 per cent in the month of January this year.
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Solar energy stocks have had a terrible year and volumes are down across the board in the industry. But there's a bright side to falling volumes and that's lower prices for components, which JinkoSolar (NYSE: JKS) confirmed in its quarterly report. Travis Hoium covers the numbers and what it means for the industry in this video.*Stock prices used were end-of-day prices of April 29, 2024.
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