Hyundai Motor is expected to report a decline in third-quarter results due to lower volumes and higher discounts. Revenues could drop 2% year-on-year, leading to a 10% dip in profitability. Analysis suggests declining margins and muted stock performance. However, future growth prospects look promising with new plant developments and an upcoming e-Creta launch, according to CLSA.
As safe-haven gold surges again, loan demand to also shoot up
Gold loan companies expect a significant increase in demand. Record gold prices, fueled by geopolitical tensions, are driving this trend. MSMEs and individuals are likely