Hero Moto a buy for BofA on strong rebound prospects https://ift.tt/MwZpBvr financial services firm has based its estimate on improving two-wheeler industry demand, better supply chain, high rural exposure and scope for channel restocking with the current inventory at six weeks - lower than the typical 8-10 weeks of inventory in the run-up to the festive season.
Government's cash surplus tops Rs 3.4 lakh crore https://ift.tt/54P3HSG from the deceleration in government spending, higher direct tax collections and a likely sharp rise in issuances of Treasury Bills by the Centre in FY24 were factors pushing up the government's cash balances, analysts said. The flow of government cash balances to and from the banking system is a key factor that influences liquidity conditions.
Comments
Post a Comment