India s exports are expected to grow by around 12%, resulting in a global export share of around 4% by 2030, or $1.6 trillion. However, weak global growth in the medium term, further supply chain fractures, and rising protectionism could challenge the strategy. India has been a key beneficiary of the "China+1" strategy, with the tech-intensity of exports gradually increasing.
Shares of KPR Mill have corrected nearly 9% from their recent high, providing a good opportunity for investors to enter the textile market, says brokerage firm Sharekhan.
The credit ratio - that is, the ratio of upgrade to downgrade - decreased sequentially to 1.67 in the first half of FY24 from 2.72 in the second half of FY23. The credit ratio, though, is slightly higher than its 10-year average of 1.54 and is expected to remain range bound, CareEdge said.