Auto Q4fy23 Preview - Improved Product Mix, Moderation in Rm Costs to Drive Margin Growth
EBITDA margins are expected to expand both YoY/QoQ due to a richer product mix, absorption of price hikes, and marginally lower RM costs.
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Auto Q4FY22 Preview: A Mixed Bag Quarter with a Sequential Volume Recovery
The auto volumes reported during the quarter stood patchy with certain segments such as the Passenger Vehicle (PV) and premium motorcycle...
351 Views
PLI Scheme - EV Advantage Continues
We expect Minda Industries and Minda Corp to benefit from this scheme. The Union Cabinet has approved Rs 26,058 Cr of Production Linked Incentives...
393 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...
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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...
485 Views