Pre-Budget Expectations 2025-26
The impact of the Union Budget on the equity market has reduced notably over the past few years, with the government undertaking most of the...
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Autos: Near-term headwinds, time to be selective
The automotive sector is going through an interesting phase, with a once-in-a-century kind of transition towards greener energies
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Q3FY25 Earnings Preview - Automobile
We expect Revenue/EBITDA/PAT for our OEM coverage universe to grow by ~12.7%/10.3%/10.6% YoY with a 30 bps decline expected in EBITDA Margins.
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Auto Monthly Sales Volume - December 2024
Dec’24 Wholesale Volumes: Domestic PV sales grew by 15-17% YoY (down 7% MoM), largely due to strong domestic volumes from Maruti, Toyota, M&M, and MG.
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Mahindra & Mahindra Ltd - In Comes INGLO - Launchpad for BEVs
Timely launch of attractively-priced and feature-rich BEVs would help M&M adhere to CAFÉ norms; models seem poised well accepted in market.
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