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Industry expecting double-digit growth this festive season: Hero MotoCorp CEO, ET Auto

Hero MotoCorp CEO, Niranjan Gupta, is optimistic about the upcoming festive season, stating that the company s booking and inquiry numbers are up by 20% compared to last year. Gupta expects the industry to experience double-digit growth, driven by strong brands and the addition of new models. Incentives have been extended to salespeople and technicians to boost sales, and Gupta believes that pent-up demand and a delayed festive season will further contribute to sales.

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Dabur hopes for festive cheer

On the brighter side, Dabur expects Q2 gross margin to expand at a faster pace than Q1 when the metric had risen by 74 basis points year-on-year to 46.6%.

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stock market outlook: Not in a hurry to buy now, but will hold on to IT stocks: Dilip Bhat

Market expert Dilip Bhat suggests that investors should not rush to buy stocks and instead wait for prices to potentially decrease or remain steady. He believes that the IT sector may take time to return to double-digit growth, as the focus has shifted to artificial intelligence (AI) and its impact on the industry. Despite the lack of guidance from IT companies, Bhat believes that their current prices already reflect the changing dynamics. He advises holding onto IT stocks as they can provide a defensive position in investment portfolios.

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Lululemon s Q2 Triumph: Beyond Athleisure To Building A Legacy (LULU)

Lululemon s Q2 Triumph: Beyond Athleisure To Building A Legacy (LULU)
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Best s Market Segment Report: Fifth Straight Year of Double-Digit Growth for the U S Surplus Lines Segment in 2022

Best s Market Segment Report: Fifth Straight Year of Double-Digit Growth for the U S Surplus Lines Segment in 2022
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