Eicher Motors - Encouraging Q2 Numbers; Maintain BUY
Eicher Motors Ltd (Eicher) reported a good set of numbers. Standalone Revenue/EBITDA both grew by 5%/2% sequentially (56%/82% YoY).
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Automotive Industry - Strong Momentum in PV & CV Sales
The domestic PV wholesale volumes grew 31% YoY in Oct’22 fueled by robust festive demand and OEMs deliveringto cater the strong order books.
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Autos (Q2FY23 Results Preview): Margins likely to bottom out
However, all the segments have seen QoQ growth in volumes as all OEMs prepare for a pick-up in demand during the festive season
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Auto Q2fy23preview - Volume Growth & Operating Leverage to Drive Ebitda Growth
In Q2FY23, wholesale volumes across PV/CV/2W (other than tractors) segments stood robust QoQ, led by inventory channel filling ahead of the festive...
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Q2fy23 Preview - Non-Commodities Likely to Do Better
Q2FY23 marked a cool-off in the key commodity prices including the base metals and the crude oil as against the Q1FY23 period that witnessed...
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