Automotive Industry Update: Electric Vehicle Policy
The crux of the EV Policy lies in its strategic initiative to entice Global Original Equipment Manufacturers (OEMs) to establish local production...
335 Views
Uno Minda - Q3: Reports Mixed Nos; Outperformance Likely To Continue
The company’s EBITDA (inline) grew by 12% YoY (flat QoQ), and EBITDA margins (missing by 20 bps) stood at 10.8%, down 83 bps YoY (flat QoQ).
461 Views
Uno Minda - Outperformance Across All Divisions; Sustainable Business Model
Revenue grew by 26%/17% YoY/QoQ with growth across all key product segments, led by the ramp-up of Lighting plant and higher-than-expected growth...
372 Views
ASK Automotive Pre-IPO - Business Has Been Resilient, Although Concentration Risk Remains Elevated
Ask Automotive (7175293Z IN) is looking to raise around US$145m in its upcoming India IPO. ASK Automotive (ASKA) manufactures brake-shoe and...
443 Views
Uno Minda - Estimates Largely Inline; Valuations Full at CMP
We like UNO Minda as a play on Auto, especially with a strong EV product portfolio, robust order book and capacity expansion projects, the benefits...
442 Views