Minda Industries - Outlook Intact; New Products to Drive Outperformance
Production ramp-up in progress on improving demand: The Pune switches plant caters to PV switches for OEMs such as Mahindra & Mahindra, Tata...
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Growth, Margin Concerns Resurface for Auto Sector Amid Prevailing Geopolitical Crises
Resurfaced chip availability concerns amid geopolitical issues Russia is the largest producer (~40% share in global production) of rare earth metal...
358 Views
Tata Motors: Investment Thesis Unchanged, Positive View Retained
Tata Motors (TML) is an auto OEM from the house of Tatas, operating in domestic (PV, CV) as well as global markets (Jaguar Land Rover i.e. JLR)
277 Views
Below our estimate; JLR beat led by mix, India misses
strong recovery/ traction in JLR/India businesses from 3QFY22E onwards. We have lowered our FY22E/FY23E EPS estimate by PTL/8% to account for the...
194 Views
Tata Motors: India Volumes Picking up Pace, EV Optimism Persists
India PV business posted decade-high quarterly sales of ~84,000 units in Q2FY22 despite ongoing semiconductor supply shortages. Domestic EV sales...
283 Views