ET Intelligence Group: The muted pre-buying of trucks in the fourth quarter of FY20, stable operating margin, falling debt and favourable valuation are factors that will likely support the stock of Ashok Leyland, which has remained range-bound over the past three months. Analysts had anticipated higher advance buying of trucks in the final quarter of FY20 ahead of the implementation of the new emission norms — the Bharat Stage VI (BS-VI) — beginning April, which would increase the prices of new trucks. Globally, sales volume usually jumps up by 40-50 per cent in the quarter prior to a major regulatory change. However, pre-buying has so far been lower in India since banks are hesitant to fund the purchase of BSIV crawlers, which are later on built into a truck or a bus depending upon the requirement of fleet owners. However, such a conversion may be a prolonged process and may even miss the deadline of March 31for registration. If they fail to register by the deadline, … [Read more...] about Ashok Leyland may gain on hopes of higher sales in H1 next fiscal
Closing cost home sale
On Wednesday the planned 25-story luxury condominium project began pre-selling units, each a modern space with designer appliances, savvy tech features and city panoramas. Some of its amenities will include an indoor pool, onsite private storage, valet parking, high ceilings and residence customization. … [Read more...] about Pre-sales begin at Houston’s luxury residential tower The Paramount
“Shay brings an extraordinary amount of experience to Newmark,” Mike Moody, chairman and CEO of Newmark Homes, said in an announcement. “We worked together at Newmark in the 1990s through the mid-2000’s and during that time, I gained a great deal of respect for his ability to build teams. We are very excited to be reuniting with Shay.” … [Read more...] about Newmark Homes starts Austin division
Given that jump, you'll want to know the worth of an average-sized condo, townhouse, or single family home in your neighborhood. See what's happening with housing values and home sales in your community, to help you decide whether it's the right time to buy — or sell. … [Read more...] about What Are the Median Home Values in Mountain Brook?
'I find it deplorable that, not only has no one said 'we've got this spectacularly wrong,' but, everyone involved has either been promoted, ennobled or pensioned off. In any other field if you made a mess up of these proportions you'd have to be held accountable, wouldn't you?' … [Read more...] about Never again: Police face curbs on raiding homes to prevent a repeat of Lord Bramall and Leon Brittan fiasco sparked by Carl Beech’s false claims of a VIP paedophile ring in Westminster