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Healthy balance sheets, cash flows lift India Inc's capex spends

India s corporate capex spending is rising due to rising cash flows and improving balance sheets, with three out of four companies from a sample of 373 of the S&P BSE 500 index reporting year-on-year improvement in gross fixed assets for FY23. Mainly oil and gas, metals and power firms form a major part of incremental GFA. ....

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Healthy Balance Sheets, Cash Flows Lift Capex Spends

India Inc is gradually stepping up capital expenditure, buoyed by improving balance sheets and rising cash flows, an ETIG analysis shows. ....

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Tata Motors' share of M&HCV mkt hits 10-year low in Q1 | Mint #AskBetterQuestions

Tata Motors market share for medium and heavy commercial vehicles in India dropped to a 10-year low in Q1 FY24, according to data from SIAM. The company s market share fell to 44%, down 560 basis points from the previous year. While bus volumes rose 42%, sales of goods vehicles fell 1.5%. The preference for higher tonnage commercial vehicles has impacted Tata Motors, a key player in the light and small commercial vehicle categories. In contrast, Volvo Eicher Commercial Vehicles and Ashok Leyland saw gains in market share. ....

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