Thursday, February 22, 2018

Tractor Sales Growth to Moderate in FY19

Central Statistics Office’s (CSO) advance estimates suggest gross value added of ‘agriculture, forestry and fishing’ would fall to 2.1% in FY18 (FY17: 4.9%), primarily due to the uneven spread of rainfall leading to lower kharif and rabi crop yield and affecting farmers’ cash generation. Higher delinquencies for tractor loans also show the continued stress in the agricultural sector. As around 45% of the total tractor sales are financed through organised channels, loan delinquency rightly represents the average credit profile of a farmer; which might worsen in case of inadequate monsoons in FY-2019, thus impacting the additional demand for tractors.
Join Us at   WhatsApp:   1 .     https://chat.whatsapp.com/BkfsuTmAwUnBnKY1yh3nWE   ( Free )
                                                            2.   https://chat.whatsapp.com/DZKa9EpkyTF5bpvGwNvzeK        ( Premium )  


No comments:

Post a Comment

Thanks for Your Valuable comments. It will make Us to Serve You in Better Way. For Any STOCKS Query ,Please Call NiftyNext +91 880 2230 836.

Subscribe to: Post Comments (Atom)

Disclaimer

The recommendations made herein do not constitute an offer to sell or a solicitation to buy any of the securities mentioned. No representations can be made that the recommendations contained herein will be profitable or that they will not result in losses. Readers using the information contained herein are solely responsible for their actions. Information is obtained from sources deemed to be reliable but is not guaranteed as to accuracy and completeness. The above recommendations are based on the theory of Technical Analysis and do not reflect the fundamental validity of the Scrip. www.niftynext..com does 't take any Responsibility for any losses arising from using the Stocks Recommendations.
We( WWW.NIFTYNEXT.COM) are not Registered with Any Regulatory Body in India ie SEBI,NSE,BSE,AMFI or Any Otheres.

Blog Archive

A visitor from Florida viewed 'Nifty Next: Phoenix Mills Ltd ( 532782 ) – Doublin' 31 mins ago
A visitor from Nevada viewed 'Nifty Next: Best Stocks To Buy – Series 2' 2 hrs 31 mins ago
A visitor from Tennessee viewed 'Nifty Next: NIFTY NEXT- Nifty Trading Range for 22' 2 hrs 35 mins ago
A visitor from Wyoming viewed 'Nifty Next: Vardhman Acrylics Ltd(VARDHACRLC)-A Mu' 3 hrs 42 mins ago
A visitor from Washington viewed 'Nifty Next: Asahi India Glass Ltd : Valuations & P' 9 hrs 53 mins ago
A visitor from Kelambakkam viewed 'Nifty Next: Tata Steel Rights Issue & Valuations' 16 hrs 33 mins ago
A visitor from Omsk viewed 'Nifty Next: Pattern Explorer For AmiBroker 3.75' 1 day 6 hrs ago
A visitor from Ohio viewed 'Nifty Next: NIFTY NEXT- Nifty EOD 06 May 2011 Tech' 1 day 16 hrs ago
A visitor from Maryland viewed 'Nifty Next: Matrimony.com Ltd – A Net Profit Multi' 1 day 17 hrs ago
A visitor from Delaware viewed 'Nifty Next: Gujarat State Petronet Ltd – flourishi' 1 day 17 hrs ago