Page 8 - Crisil

Order book position of road EPC firms to get better, says CRISIL

Asset monetisation in the roads sector will see an acceleration as EPC companies in this space pursue growth

Domestic electronics sector set to grow 12-17% in FY22: CRISIL SME Tracker

As the economy recovers, so should discretionary spending, which again will be salutary.

Expect complete recovery in residential realty only in 2024: Crisil

Better affordability, sustained WFH will spike demand in top six cities this fiscal. But Mumbai and Pune may see contraction due to the higher base of last fiscal

Housing demand to reach pre-Covid level after two years: Crisil

Housing sales in volume terms are expected to rise 5-10 per cent this financial year across six big cities but demand will reach to a pre-COVID level only after two years

Second Covid wave flattens fizz for soft-drink makers, says Crisil

India's non-alcoholic beverages industry is unlikely to reclaim pre-pandemic levels this fiscal: Crisil

ICICI Prudential Savings Fund: Conservative portfolio, consistent performer

The fund has consistently outperformed its peers (funds ranked under the low duration category in CMFR in March 2021) over the trailing periods under analysis

Tractor sales volume growth to be at 3-5% in current financial year: Crisil

Growth in the domestic tractor sales volume is likely to be at 3-5 per cent this fiscal, given the strong second wave of COVID-19 and rising cases in the hinterland, rating agency Crisil said.

Surge in vaccination to fortify revenues growth of glass makers: Crisil

Sharp increase in Covid-19 vaccination led pharma demand as well as expected healthy growth in end-user sectors is expected to drive revenue growth of glass makers, says ratings agency Crisil

Amid declining trend, Crisil says too early to say 2nd wave has peaked

Even as new Covid-19 infections have shown a declining trend, credit rating agency Crisil said it is too early to say that the second wave of the pandemic has peaked

Cheviot Co zooms 20% as firm announces special dividend of Rs 175 per share

The company has fixed July 16, 2021, as the record date fixed for the purpose of dividend

FY22 growth may slip to 8.2% if second wave peak comes in end-June: Crisil

India's economic growth may slip to 8.2% if the second wave peaks at end of June, domestic rating agency Crisil warned on Monday, maintaining its baseline estimate of an 11% uptick in activity

RBI's Rs 50K cr liquidity facility can augment hospital bed capacity Crisil

Reserve Bank's Rs 50,000-crore liquidity window can help augment the bed capacity at hospitals by up to 20% as credit will be available at cheaper costs, credit ratings agency Crisil said on Friday

About 3,400 rated firms eligible for recast under fresh rules: CRISIL

Actual number of units going for recast could be much lower as the impact of pandemic might be contained over next 2-3 months, says rating agency

Auto companies may see sharp increase in prices for steel contracts

Some have temporarily shut down units in the wake of rising Covid cases, but at least three major suppliers to the auto industry said the move was unlikely to impact negotiations

India's 4G subscriber base may grow to 820 mn in FY22, says Crisil

The active subscriber market share data indicates the top two players, Jio and Airtel, are neck and neck, with neither ready to bite the bullet and raise tariffs, says the rating agency

Limited industrial oxygen supplies to temporarily impact 5 sectors: Crisil

Metal fabrication, automotive components, ship-breaking, paper and engineering sectors are likely to suffer, according to global analytics firm Crisil

Crisil downgrades its PVR's long-term rating to AA-minus negative

Crisil has downgraded its rating on long-term bank facilities and non-convertible debentures (NCDs) of PVR Ltd to AA-minus negative from AA negative.

mRNA Covid vaccine maker Gennova lines up Rs 250-crore capex: Crisil

The Emcure Pharma arm has tied up with Seattle-based HDT Biotech Corp for the vaccine, on which animal trials have been completed. Phase-I and II trials likely to be completed in 2-3 months

Bank credit to grow 10% in FY22 on GDP expansion, policy measures: Crisil

NBFCs focused on gold loans and mortgages will be the least affected by the setbacks, Crisil report said

Indiabulls Housing Finance says CRISIL has upgraded outlook to stable

Agency affirms company's long-term credit rating of "AA" and short term of "A1+"