Autos - Margin Pressure to Be Lower than Earlier Envisaged
We refrain from comparing YoY numbers, given the low base of last year and, hence, compare numbers on a QoQ basis for all companies.
289 Views
Auto/Auto-Ancillary Sector - Spillover of RM Inflation to Impact Margins
We expect 1QFY23 earnings of Auto & Auto Ancillary companies in our coverage universe to grow significantly over a lower base of 1QFY22.
353 Views
Autos - Two Wheelers: Some Green-Shoots Visible
We interacted with 22 two-wheeler (2W) dealers’ pan-India to get a sense of demand trends in June. One common feedback we got is that 2W demand is...
290 Views
Automobile Sales Estimates – 2Ws Rising from Dust; Demand Outlook for PVs and CVs Positive
Based on our channel checks, we saw some improvement in 2W demand in April’22 while demand in CV and PV segments continued to remain robust.
303 Views
Autos: Time to relook
We expect auto demand (across segments) to revive on a low base relative to the peak of FY19, led by a pick-up in economic growth and expected...
276 Views