Lifestyle Companies: January has been soft, but February was slightly better, benefiting from the wedding season and partly from the extended winter season. Further, the management expects March to be better, due to Holi and Eid celebrations, coupled with election spending.
Many lifestyle companies are experiencing softness in demand across product categories, Motilal Oswal Financial Services said.Stores witnessed the liquidation of old, piled-up inventories, and companies have introduced fresh summer .
Passenger vehicle discounts are likely to remain elevated in FY25, global brokerage Nomura said.Domestic PV industry wholesales were at 371K units in March-2024, while retails are likely to be lower at 360K, up 6 per cent y-y. We estimate .