Carpenter Technology Corporatio found using ticker (CRS) now have 5 analysts covering the stock. The analyst consensus points to a rating of ''Buy''. The target price ranges between 53 and 40 and has a mean target at 47.6. Given that the stocks previous close was at 33.33 this is indicating there is a potential upside of 42.8%. There is a 50 day moving average of 34.39 and the 200 moving average now moves to 34.15. The company has a market cap of $1,590m. You can visit the company''s website by visiting: https://www.carpentertechnology.com [stock_market_widget type="chart" template="basic" color="green" assets="CRS" range="6mo" interval="1d" axes="true" cursor="true" api="yf"] The potential market cap would be $2,271m based on the market concensus. Carpenter Technology Corporation engages in the manufacture, fabrication, and distribution of specialty metals in the United States, Europe, the Asia Pacific, Mexico, Canada, and internationally. It operates in two segments, Specialty Alloys Operations and Performance Engineered Products.
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Carpenter Technology Corporatio found using ticker (CRS) now have 5 analysts in total covering the stock. The consensus rating is ''Buy''. The target price ranges between 53 and 40 with the average target price sitting at 47.6. Now with the previous closing price of 36.03 this would imply there is a potential upside of 32.1%. There is a 50 day moving average of 33.63 and the 200 day moving average is 34.01. The market capitalisation for the company is $1,824m. Find out more information at: https://www.carpentertechnology.com [stock_market_widget type="chart" template="basic" color="green" assets="CRS" range="6mo" interval="1d" axes="true" cursor="true" api="yf"] The potential market cap would be $2,410m based on the market concensus. Carpenter Technology Corporation engages in the manufacture, fabrication, and distribution of specialty metals in the United States, Europe, the Asia Pacific, Mexico, Canada, and internationally. It operates in two segments, Specialty Alloys Operations and Performance Engineered Products.
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Carpenter Technology sees its Relative Strength Rating hit the elite 90-plus level.
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Carpenter Technology (CRS) upgraded to outperform from market perform with a $45 price target by Cowen analyst Gautam Khanna.Analyst elaborates that recent pullback in the shares…
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Upgrades According to TD Securities, the prior rating for John Hancock Financial Opportunities Fund (NYSE: BTO ) was changed from Buy to Action List Buy. The stock has a 52-week-high of $52.88 and a 52-week-low of $31.95. At the end of the last trading period, John Hancock Finl Opps closed at $35.82. According to RBC Capital, the prior rating for Vale SA (NYSE: VALE ) was changed from Sector Perform to Outperform. Vale earned $1.32 in the second quarter, compared to $1.49 in the year-ago quarter. The stock has a 52-week-high of $21.29 and a 52-week-low of $11.72. At the end of the last trading period, Vale closed at $13.51. According to Raymond James, the prior rating for Enbridge Inc (NYSE: ENB ) was changed from Market Perform to Outperform. In the second quarter, Enbridge showed an EPS of $0.53, compared to $0.54 from the year-ago quarter. At the moment, the stock has a 52-week-high of $47.67 and a 52-week-low of $38.94. Enbridge closed at $41.82 at the end of the last trading period.
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Carpenter Technology Corporatio with ticker code (CRS) now have 5 analysts in total covering the stock. The consensus rating is ''Buy''. The range between the high target price and low target price is between 53 and 40 and has a mean target at 47.6. With the stocks previous close at 32.79 this would imply there is a potential upside of 45.2%. The 50 day MA is 31.93 and the 200 moving average now moves to 33.7. The company has a market cap of $1,576m. Visit the company website at: https://www.carpentertechnology.com [stock_market_widget type="chart" template="basic" color="green" assets="CRS" range="6mo" interval="1d" axes="true" cursor="true" api="yf"] The potential market cap would be $2,288m based on the market concensus. Carpenter Technology Corporation engages in the manufacture, fabrication, and distribution of specialty metals in the United States, Europe, the Asia Pacific, Mexico, Canada, and internationally. It operates in two segments, Specialty Alloys Operations and Performance Engineered Products.
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Carpenter Technology Corporatio found using ticker (CRS) now have 5 analysts covering the stock with the consensus suggesting a rating of ''Buy''. The target price ranges between 53 and 40 with the average target price sitting at 47.6. With the stocks previous close at 37.36 this indicates there is a potential upside of 27.4%. The day 50 moving average is 31.6 while the 200 day moving average is 33.7. The company has a market capitalisation of $1,763m. Find out more information at: https://www.carpentertechnology.com [stock_market_widget type="chart" template="basic" color="green" assets="CRS" range="6mo" interval="1d" axes="true" cursor="true" api="yf"] The potential market cap would be $2,246m based on the market concensus. Carpenter Technology Corporation engages in the manufacture, fabrication, and distribution of specialty metals in the United States, Europe, the Asia Pacific, Mexico, Canada, and internationally. It operates in two segments, Specialty Alloys Operations and Performance Engineered Products.
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Carpenter Technology Corporatio found using ticker (CRS) now have 5 analysts in total covering the stock. The consensus rating is ''Buy''. The range between the high target price and low target price is between 53 and 40 and has a mean target at 47.6. With the stocks previous close at 37.96 this indicates there is a potential upside of 25.4%. There is a 50 day moving average of 30.92 and the 200 day MA is 33.58. The company has a market capitalisation of $1,756m. Company Website: https://www.carpentertechnology.com [stock_market_widget type="chart" template="basic" color="green" assets="CRS" range="6mo" interval="1d" axes="true" cursor="true" api="yf"] The potential market cap would be $2,202m based on the market concensus. Carpenter Technology Corporation engages in the manufacture, fabrication, and distribution of specialty metals in the United States, Europe, the Asia Pacific, Mexico, Canada, and internationally. It operates in two segments, Specialty Alloys Operations and Performance Engineered Products.
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Friday marks the last chance for investors to receive the next dividend payout from Carpenter Tech (NYSE: CRS ). What''s Happening The company announced on Friday that it would pay shareholders a quarterly dividend of 20 per share. On Monday, Carpenter Tech will go ex-dividend, meaning the stock will trade lower to reflect that payout. In other … Full story available on Benzinga.com
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Carpenter Technology (CRS) declares $0.20/share quarterly dividend, in line with previous.Forward yield 2.15%.Payable Sept. 1; for shareholders of record Aug. 23; ex-div Aug.
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PHILADELPHIA, Aug. 12, 2022 (GLOBE NEWSWIRE) -- Carpenter Technology Corporation (NYSE: CRS) announced that its Board of Directors has declared a quarterly cash dividend of $0.20 per share of common stock, payable September 1, 2022, to shareholders of record on August 23, 2022. The ex-dividend date (the date the common stock trades without the dividend) is August 22, 2022.
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Carpenter Technology Corp (NYSE:NYSE:CRS) Q4 2022 Earnings Conference Call July 28, 2022 10:00 AM ET Company Participants Brad Edwards - IR Tony Thene - President, CEO & Director…
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The following slide deck was published by Carpenter Technology Corporation in conjunction with their 2022 Q4 earnings call.
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Carpenter Tech (NYSE: CRS ) reported its Q4 earnings results on Thursday, July 28, 2022 at 08:00 AM. Here''s what investors need to know about the announcement. Earnings Carpenter Tech missed estimated earnings by 100.0%, reporting an EPS of $0.0 versus … Full story available on Benzinga.com
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Carpenter Technology press release (CRS): Q4 Non-GAAP EPS of $0.00 beats by $0.01.Revenue of $563.8M (+33.7% Y/Y) beats by $80.47M.Backlog up 29% sequentially and…
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Reported earnings per share of $0.05, with adjusted earnings per share of $0.00
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Carpenter Technology Corporatio with ticker code (CRS) have now 4 analysts covering the stock. The analyst consensus points to a rating of ''Buy''. The target price ranges between 53 and 40 calculating the average target price we see 47. Given that the stocks previous close was at 28.21 this indicates there is a potential upside of 66.6%. The day 50 moving average is 30.85 and the 200 moving average now moves to 33.36. The company has a market capitalisation of $1,398m. Find out more information at: https://www.carpentertechnology.com [stock_market_widget type="chart" template="basic" color="green" assets="CRS" range="6mo" interval="1d" axes="true" cursor="true" api="yf"] The potential market cap would be $2,329m based on the market concensus. Carpenter Technology Corporation manufactures, fabricates, and distributes specialty metals worldwide. It operates through two segments, Specialty Alloys Operations and Performance Engineered Products. The company offers specialty alloys, including titanium alloys, powder metals, stainless steels, alloy steels, and tool steels, as well as additives, and metal powders and parts.
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Carpenter Technology Corp (NYSE: CRS ) will increase its base prices by … Full story available on Benzinga.com
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Carpenter Technology Corporatio found using ticker (CRS) now have 4 analysts covering the stock. The analyst consensus points to a rating of ''Buy''. The target price ranges between 53 and 40 calculating the average target price we see 47. Now with the previous closing price of 27.91 this indicates there is a potential upside of 68.4%. The day 50 moving average is 33.82 while the 200 day moving average is 33.76. The company has a market capitalisation of $1,323m. Visit the company website at: https://www.carpentertechnology.com [stock_market_widget type="chart" template="basic" color="green" assets="CRS" range="6mo" interval="1d" axes="true" cursor="true" api="yf"] The potential market cap would be $2,228m based on the market concensus. Carpenter Technology Corporation manufactures, fabricates, and distributes specialty metals worldwide. It operates through two segments, Specialty Alloys Operations and Performance Engineered Products. The company offers specialty alloys, including titanium alloys, powder metals, stainless steels, alloy steels, and tool steels, as well as additives, and metal powders and parts.
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Carpenter Technology Corporatio with ticker code (CRS) have now 4 analysts covering the stock with the consensus suggesting a rating of ''Buy''. The range between the high target price and low target price is between 53 and 40 with the average target price sitting at 47. Now with the previous closing price of 28.59 this is indicating there is a potential upside of 64.4%. The 50 day moving average now sits at 36.1 and the 200 moving average now moves to 33.92. The market cap for the company is $1,429m. Find out more information at: https://www.carpentertechnology.com [stock_market_widget type="chart" template="basic" color="green" assets="CRS" range="6mo" interval="1d" axes="true" cursor="true" api="yf"] The potential market cap would be $2,348m based on the market concensus. Carpenter Technology Corporation manufactures, fabricates, and distributes specialty metals worldwide. It operates through two segments, Specialty Alloys Operations and Performance Engineered Products. The company offers specialty alloys, including titanium alloys, powder metals, stainless steels, alloy steels, and tool steels, as well as additives, and metal powders and parts.
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Carpenter Technology Corporatio with ticker code (CRS) have now 4 analysts covering the stock. The analyst consensus points to a rating of ''Buy''. The range between the high target price and low target price is between 53 and 40 calculating the mean target price we have 47. With the stocks previous close at 35.15 this is indicating there is a potential upside of 33.7%. There is a 50 day moving average of 38.42 while the 200 day moving average is 33.98. The company has a market cap of $1,743m. Find out more information at: https://www.carpentertechnology.com [stock_market_widget type="chart" template="basic" color="green" assets="CRS" range="6mo" interval="1d" axes="true" cursor="true" api="yf"] The potential market cap would be $2,331m based on the market concensus. Carpenter Technology Corporation manufactures, fabricates, and distributes specialty metals worldwide. It operates through two segments, Specialty Alloys Operations and Performance Engineered Products. The company offers specialty alloys, including titanium alloys, powder metals, stainless steels, alloy steels, and tool steels, as well as additives, and metal powders and parts.
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Major players in the implantable biomaterials market are Evonik Industries AG, Royal DSM, Zimmer Biomet Holdings, Carpenter Technology Corporation, Collagen Matrix, Corbion, BASF SE, Invibio Ltd. , and Celanese Corporation. Major players in the implantable biomaterials market are Evonik Industries AG, Royal DSM, Zimmer Biomet Holdings, Carpenter Technology Corporation, Collagen Matrix, Corbion, BASF SE, Invibio Ltd. , and Celanese Corporation.
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Carpenter Technology Corporatio with ticker code (CRS) have now 4 analysts covering the stock. The analyst consensus points to a rating of ''Buy''. The range between the high target price and low target price is between 53 and 40 calculating the mean target price we have 47. Given that the stocks previous close was at 32.46 this would imply there is a potential upside of 44.8%. The 50 day MA is 38.64 and the 200 day moving average is 34.06. The market cap for the company is $1,611m. You can visit the company''s website by visiting: https://www.carpentertechnology.com [stock_market_widget type="chart" template="basic" color="green" assets="CRS" range="6mo" interval="1d" axes="true" cursor="true" api="yf"] The potential market cap would be $2,332m based on the market concensus. Carpenter Technology Corporation manufactures, fabricates, and distributes specialty metals worldwide. It operates through two segments, Specialty Alloys Operations and Performance Engineered Products. The company offers specialty alloys, including titanium alloys, powder metals, stainless steels, alloy steels, and tool steels, as well as additives, and metal powders and parts.
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PHILADELPHIA, July 21, 2021 (GLOBE NEWSWIRE) -- Carpenter Technology Corporation (NYSE: CRS) plans to host a conference call and webcast on Thursday, July 29, 2021 at 10:00 a.m. ET to discuss the results of operations for the fourth quarter and full year fiscal 2021, ended June 30, 2021. The call and webcast will follow the release of fourth quarter and full year fiscal 2021 financial results before the market opens on Thursday, July 29, 2021.
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Binder Printing Powder Market research is an intelligence report with meticulous efforts undertaken to study the right and valuable information. The data which has been looked upon is done considering both, the existing top players and the upcoming competitors. Business strategies of the key players and the new entering market industries are studied in detail. []
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Dublin, July 13, 2021 (GLOBE NEWSWIRE) -- The "Aerospace Tube Materials Market Size, Share, Trend, Forecast, & Competitive Analysis: 2021-2026" report has been added to ResearchAndMarkets.com''s offering. The suitable raw materials are the building blocks of any component used in the aerospace industry, and their uninterrupted supply is extremely crucial for the performance-driven industry. The choice of materials for tubes depends on a wide range of factors such as temperature resistance, lightweight property, durability, engine type, the section of the engine where tubes are to be used, etc. Tube materials currently represent < 5% of the total aerospace raw materials market. The aerospace industry supplier landscape after a rather stressful year in 2019, with the grounding of B737 Max, P&W 1100G engine series failure (A320neo), and multiple in-flight incidents in PW1500G and PW1900G on Swiss 220s, had been looking forward to 2020 as a year of healthy growth. However, in 2020, the global pandemic caught the aerospace industry off guard, bringing in brusque changes in the business.
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DUBLIN--(BUSINESS WIRE)--The "Aerospace Tube Materials Market Size, Share, Trend, Forecast, & Competitive Analysis: 2021-2026" report has been added to ResearchAndMarkets.com''s offering. The aerospace tube materials market is expected to witness a promising recovery with a CAGR of more than 6% during the forecast period of 2021-2026 to reach an estimated value of US$ 142.3 million in 2026. Companies Mentioned AMETEK, Inc. Allegheny Technologies, Inc. Carpenter Technology Corporation Kobe St
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The global biomaterials market is expected to reach $139 billion by 2027, from $62 billion in 2020, growing at a CAGR of 11.8% from 2020 to 2027. Metallic biomaterials segment is expected to contribute significantly to the global market revenue
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The latest research on Global Medical Metal Material Report 2021 offered by HTF MI provides a comprehensive investigation into the geographical landscape, industry size along with the revenue estimation of the business. Additionally, the report also highlights the challenges impeding
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PHILADELPHIA, June 14, 2021 (GLOBE NEWSWIRE) -- Carpenter Technology Corporation (NYSE: CRS ) today announced that Dr. David Graf has been appointed to lead Carpenter Technology''s Specialty Alloys Operations (SAO) business segment as Vice President and Group President SAO, effective July 1, 2021. "David''s demonstrated leadership, strong business acumen and deep technical knowledge will play a pivotal role in ensuring SAO and Carpenter Technology continually deliver as the preferred solutions provider to our customers," said Tony R. Thene, President and CEO. Since joining Carpenter Technology in 2018 as Chief Technology Officer (CTO), Dr. Graf has been instrumental in driving improvements in multiple disciplines. As CTO, Dr. Graf increased the focus of the Research & Development (R&D) organization on strategic alignment with commercial targets, resulting in higher value, customer-driven R&D investments, Full story available on Benzinga.com
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PHILADELPHIA, June 14, 2021 (GLOBE NEWSWIRE) -- Carpenter Technology Corporation (NYSE: CRS) today announced that Dr. David Graf has been appointed to lead Carpenter Technologys Specialty Alloys Operations (SAO) business segment as Vice President and Group President SAO, effective July 1, 2021.
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Biomaterial is a substance that is engineered to interact with human biological system for medical and therapeutic purpose. The biomaterials are made up of natural origin or synthesized in a laboratory. Biomaterials are used in various medical applications such as
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https://www.investing.com/analysis/carpenter-technology-crs-hikes-prices-for-specialty-alloy-products-200582886
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PHILADELPHIA, May 24, 2021 (GLOBE NEWSWIRE) -- Carpenter Technology Corporation (NYSE: CRS) announced today that it will increase base prices six percent (6%) to nine percent (9%) on new, non-contract orders across all specialty alloy products. The increases will be effective with new orders placed after May 24, 2021. All applicable surcharges will remain in effect.
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The Medical Metal Implants Market delivers a comprehensive study of the market, including its dynamics, structure, characteristics, Key players, growth and demand drivers, etc. As a Complete Analysis report, it []
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Global biomaterials market is expected to reach $139 billion by 2022, from $62 billion in 2015, growing at a CAGR of 11.8% from 2016 to 2027, according to Allied Market Research. Request Sample Report at: https://www.alliedmarketresearch.com/request-sample/89 The biomaterials market has piqued the
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Carpenter Technology Corporation shares closed 0.7% higher than its previous 52 week high, giving the company a market cap of $2B. The stock is currently up 53.6% year-to-date, up 61.7% over the past 12 months, and up 56.4% over the past five years. This week, the Dow Jones Industrial Average rose 1.4%, and the S&P 500 rose 0.2%. Trading Activity Trading volume this week was 10.4% higher than the 20-day average.Beta, a measure of the stocks volatility relative to the overall market stands at 1.8. Technical Indicators The Relative Strength Index (RSI) on the stock was between 30 and 70.MACD, a trend-following momentum indicator, indicates an upward trend.The stock closed below its Bollinger band, indicating it may be oversold.
Market Comparative Performance The company's share price is the same as the S&P 500 Index , beats it on a 1-year basis, and lags it on a 5-year basis The company's share price is the same as the Dow Jones Industrial Average , beats it on a 1-year basis, and lags it on a 5-year basis The company share price is the same as the performance of its peers in the Materials industry sector , lags it on a 1-year basis, and lags it on a 5 year basis Per Group Comparative Performance The company's stock price performance year-to-date beats the peer average by 66.0% The company's stock price performance over the past 12 months lags the peer average by -47.2%
This story was produced by the Kwhen Automated News Generator. For more articles like this, please visit us at finance.kwhen.com. Write to editors@kwhen.com. © 2020 Kwhen Inc.
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Carpenter Technology Corporation shares closed today at 1.8% below its 52 week high of $45.63, giving the company a market cap of $2B. The stock is currently up 54.8% year-to-date, up 34.8% over the past 12 months, and up 57.8% over the past five years. This week, the Dow Jones Industrial Average rose 0.8%, and the S&P 500 fell 2.0%. Trading Activity Trading volume this week was 3.9% higher than the 20-day average.Beta, a measure of the stocks volatility relative to the overall market stands at 1.8. Technical Indicators The Relative Strength Index (RSI) on the stock was between 30 and 70.MACD, a trend-following momentum indicator, indicates an upward trend.The stock closed below its Bollinger band, indicating it may be oversold.
Market Comparative Performance The company's share price is the same as the S&P 500 Index , beats it on a 1-year basis, and lags it on a 5-year basis The company's share price is the same as the Dow Jones Industrial Average , beats it on a 1-year basis, and lags it on a 5-year basis The company share price is the same as the performance of its peers in the Materials industry sector , lags it on a 1-year basis, and lags it on a 5 year basis Per Group Comparative Performance The company's stock price performance year-to-date beats the peer average by 66.3% The company's stock price performance over the past 12 months lags the peer average by -58.0%
This story was produced by the Kwhen Automated News Generator. For more articles like this, please visit us at finance.kwhen.com. Write to editors@kwhen.com. © 2020 Kwhen Inc.
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Carpenter Technology Corporation shares closed 0.6% lower than its previous 52 week high, giving the company a market cap of $2B. The stock is currently up 44.5% year-to-date, down 1.4% over the past 12 months, and up 60.5% over the past five years. This week, the Dow Jones Industrial Average rose 0.2%, and the S&P 500 fell 0.7%. Trading Activity Trading volume this week was 16.4% lower than the 20-day average.Beta, a measure of the stocks volatility relative to the overall market stands at 1.7. Technical Indicators The Relative Strength Index (RSI) on the stock was above 70, indicating it may be overbought.MACD, a trend-following momentum indicator, indicates an upward trend.The stock closed below its Bollinger band, indicating it may be oversold.
Market Comparative Performance The company's share price is the same as the S&P 500 Index , lags it on a 1-year basis, and lags it on a 5-year basis The company's share price is the same as the Dow Jones Industrial Average , lags it on a 1-year basis, and lags it on a 5-year basis The company share price is the same as the performance of its peers in the Materials industry sector , lags it on a 1-year basis, and lags it on a 5 year basis Per Group Comparative Performance The company's stock price performance year-to-date beats the peer average by 100.1% The company's stock price performance over the past 12 months lags the peer average by -104.0%
This story was produced by the Kwhen Automated News Generator. For more articles like this, please visit us at finance.kwhen.com. Write to editors@kwhen.com. © 2020 Kwhen Inc.
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Carpenter Technology (NYSE:CRS) posted its earnings results on Wednesday. The basic materials company reported ($0.61) EPS for the quarter, beating the consensus estimate of ($0.64) by $0.03, MarketWatch Earnings reports. The firm had revenue of $348.80 million during the quarter, compared to the consensus estimate of $363.00 million. Carpenter Technology had a positive return on […]
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PHILADELPHIA, Jan. 19, 2021 (GLOBE NEWSWIRE) — Carpenter Technology Corporation (NYSE: CRS) plans to host a conference call and webcast on Thursday, January 28, 2021 at 10:00 a.m. ET to discuss the results of operations for the second quarter of fiscal 2021, ended December 31, 2020. The call and webcast will follow the release of… Read More »Carpenter Technology Announces Conference Call and Webcast
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Carpenter Technology Corporation shares closed today 10.5% higher than it did at the end of yesterday. The stock is currently down 3.5% year-to-date, down 40.4% over the past 12 months, and up 6.2% over the past five years. Today, the Dow Jones Industrial Average rose 0.5%, and the S&P 500 rose 0.7%. Trading Activity Shares traded as high as $30.21 and as low as $27.55 this week.Shares closed 3e+1% below its 52-week high and 1e+2% above its 52-week low.Trading volume this week was 17.1% higher than the 10-day average and 14.9% lower than the 30-day average.Beta, a measure of the stocks volatility relative to the overall market stands at 1.7. Technical Indicators The Relative Strength Index (RSI) on the stock was above 70, indicating it may be overbought.MACD, a trend-following momentum indicator, indicates a downward trend.The stock closed above its Bollinger band, indicating it may be overbought.
Market Comparative Performance The company's share price beats the S&P 500 Index today, lags it on a 1-year basis, and lags it on a 5-year basis The company's share price beats the Dow Jones Industrial Average today, lags it on a 1-year basis, and lags it on a 5-year basis The company share price beats the performance of its peers in the Materials industry sector today, lags it on a 1-year basis, and lags it on a 5 year basis Per Group Comparative Performance The company's stock priceperformance year-to-date lags the peer average by -420.6% The company's stock price performance over the past 12 months lags the peer average by -2336.3%
This story was produced by the Kwhen Automated News Generator. For more articles like this, please visit us at finance.kwhen.com. Write to editors@kwhen.com. © 2020 Kwhen Inc.
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Carpenter Technology (NYSE:CRS) released its earnings results on Thursday. The basic materials company reported ($0.58) earnings per share for the quarter, missing the consensus estimate of ($0.56) by ($0.02), MarketWatch Earnings reports. Carpenter Technology had a net margin of 0.07% and a return on equity of 6.84%. The firm had revenue of $353.40 million during […]
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Carpenter Technology Co. (NYSE:CRS)’s share price shot up 6.3% during trading on Thursday . The stock traded as high as $18.19 and last traded at $18.16. 911,486 shares traded hands during trading, an increase of 70% from the average session volume of 534,883 shares. The stock had previously closed at $17.08. A number of research […]
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Carpenter Technology (NYSE:CRS) will be announcing its earnings results before the market opens on Thursday, October 22nd. Analysts expect the company to announce earnings of ($0.56) per share for the quarter. Investors that wish to register for the company’s conference call can do so using this link. Carpenter Technology (NYSE:CRS) last issued its quarterly earnings […]
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New Delhi: Given the anti-China mood in the country, 97 per cent people say they will boycott buying major Chinese brands like Xiaomi, Vivo, Oppo, WeChat, Tik Tok, according to a Local Circles survey. 87 per cent Indians say they are willing to boycott buying Chinese products for next 1 year in light of the latest India-China faceoff while 78 per cent citizens support government imposing a 200 per cent duty on Chinese imports. 90 per cent Indians say all products with country of origin as China must be required to have a mandatory BIS, CRS, CDSCO, FSSAI or relevant Indian Standards certification for them to be sold in India. When asked if they are willing to boycott buying/using products & services of Chinese companies like Xiaomi, Oppo, Vivo, One Plus, Club Factory, Aliexpress, Shein, Tik tok, WeChat etc. effective immediately, 58 per cent said 'yes, won't buy from now', while 39 per cent said 'yes, won't buy from now but have to use what I have already purchased'. This means that 97 per cent Indians say they will boycott buying major Chinese brands and instead, support Indian brands.
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