Story thread · 2 reports / 1 sources

El Niño Threat: Why Agri Demand Could Stay Strong Despite Weather Risks & Festival Boost

businesstoday.in · 14dShare

El Niño concerns could impact agricultural demand, but market expert Avinash Gorakshakar believes demand remains strong despite the weather-related risks. He points to robust volume growth in the first quarter and expects another healthy performance in the July-September quarter. The period is also expected to benefit from festive demand, which could provide an additional boost to consumption. Despite the uncertainty around El Niño, Gorakshakar sees limited near-term risks to demand and believes there are no major speed breakers ahead. With GDP growth also remaining strong, the outlook for consumption and related sectors continues to look positive.

First report: Auto Stocks In Top Gear? Avinash Gorakshakar Sees Strong Double-Digit Growth Ahead — businesstoday.in, 14d