Transportation
Transportation
SECTOR | 12 Apr 2023
ICICI Direct
In Q4, while surface continued its strong run; rail, port made a comeback. Retail prices of petrol, diesel stayed unchanged and remained at highs but had no bearing on domestic freight movement, likely due to higher inventory filling at retail stores, more volume led growth in FMCG companies due to lower commodity prices for certain products and higher e-commerce shipments.
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