Automotive Axles - Short-Term Pain, Long-Term Gain!
Industry Outlook: In FY24, the MHCV/LCV production volumes grew ~2.97%/2.68% YoY; and in Q4FY24 production volumes grew ~15%/20% QoQ.
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Pick of the Week: Automotive Axles Ltd - 13 MAY 2024
AAL serves major domestic and global manufacturers of trucks & buses across various segments, including light, medium & heavy commercial vehicles,...
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Automotive Axles - Q3FY24: OVERALL MISS; OUTLOOK LIKELY TO BE MUTED
PAT stood at Rs 39 Cr, down 23%/13% YoY/QoQ(8% Miss), largely following the EBITDA; partly offset by higher nonoperating income.
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Q3FY24 Consolidated Preview
Q3FY24 earnings season was marked by a) Strong domestic macroeconomic environment, b) Festival season c) Robust PMI manufacturing and Services
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Axis Research Scorecard Report for Nov 2023
We are proud to share that our Axis Top Picks basket delivered impressive returns of 31% in the last one year (till 1st Dec’23), notably beating...
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