ICRA VP Srikumar Krishnamurthy discusses post-COVID PV segment recovery driven by pent-up demand, new SUV launches, and government support for hybrid/CNG vehicles. Despite an elevated base, higher inventory, and softened demand, utility vehicles remain preferred. Temporary discounting reflects a pre-festive marketing strategy, highlighting OEMs’ competitive intensity and M&M’s celebratory offers.
Crude oil shock clouds near-term outlook, but FY27 earnings growth still intact: Karthikraj Lakshmanan
UTI AMC’s Karthikraj Lakshmanan sees cautiously optimistic Indian market outlook with intact FY27 earnings trajectory, despite near-term crude oil volatility. Macro pressures from rising oil
June 1, 2026