SEBI Reg. Investment Advisor

Download App

MoneyWorks4Me

Manufacturing PMI expands at slower pace; falls to 5-month low of 51 in March

03 Apr 2018 Evaluate

Amid softer expansion in output and new orders, India’s manufacturing sector activity expanded at its slowest pace in the month of March to fall at 5-month low. As per the survey report, the seasonally adjusted Nikkei India Manufacturing Purchasing Managers’ Index (PMI) - a composite single-figure indicator of manufacturing performance - slowed down to 51.0 in March from 52.1 in February. However, the reading remained above the watershed 50 mark indicating expansion for the eighth consecutive month.

According to the report, thought the output rose to continue expansion rally for eighth successive month with growth in new orders and favourable demand conditions, rate of expansion was modest and the weakest since October, in March. Further, growth was reported across all three broad market groups and consumption goods outperformed the other two market groups. The survey report found that new business placed at manufacturing companies rose for the fifth consecutive month during March but at the weakest pace in the current sequence.

Besides, the inflationary pressures eased in the reported month, as input costs rose at the softer pace and one that was below the series trend, while output charge inflation was marginal and the weakest in the current sequence. However, payroll numbers declined for the first time in eight months, amid reports of spare operating capacity.

About MoneyWorks4Me

MoneyWorks4Me is a SEBI-registered Investment Adviser (IA) dedicated to helping investors build long-term wealth through transparent, research-driven, conflict-free guidance. Founded in 2008, we started our journey as a Research Analyst (RA), providing deep fundamental analysis, intrinsic value insights, and long-term investing frameworks for Indian equities. In 2017, we transitioned to a full-fledged SEBI-registered Investment Adviser, strengthening our commitment to acting as a fiduciary—always putting the investor’s interest first.

Our Vision

To become India’s most trusted, research-powered fiduciary advisory platform—where every investor, regardless of experience, can make calm, confident, and well-reasoned investment decisions.

What Makes MoneyWorks4Me Different

Our Approach: Ensuring compounding work its magic on client portfolio.

MoneyWorks4Me ensures this through: