External broker reports(aggregated public sources), Emkay Global Financial Services Limited

Emkay

Emkay Global Financial Services Ltd. is a leader in the financial services sector, actively creating wealth for our clients for over two decades.

Content available is external broker reports authored by a third party outside the Smartkarma network and has been aggregated by an online aggregator through publicly available sources and is displayed by Smartkarma in this format for user's convenience and general informational purposes only. Content does not constitute investment or financial advice and Smartkarma makes no representation or warranty regarding its accuracy or contents. Original third party author retains all copyright and other proprietary rights in the content. Access or use of third party links not controlled by Smartkarma are at the user's own risk.

External broker reports(aggregated public sources)

Emkay Global Financial Services Limited

Emkay Global Financial Services Ltd. is a leader in the financial services sector, actively creating wealth for our clients for over two decades. 

Content available is external broker reports authored by a third party outside the Smartkarma network and has been aggregated by an online aggregator through publicly available sources and is displayed by Smartkarma in this format for user's convenience and general informational purposes only. Content does not constitute investment or financial advice and Smartkarma makes no representation or warranty regarding its accuracy or contents. Original third party author retains all copyright and other proprietary rights in the content. Access or use of third party links not controlled by Smartkarma are at the user's own risk.

Equity Bottom-Up

<ul><li>We attended M&amp;M’s unveiling of its first two born EV SUVs—BE 6e and XEV 9e (press release), and are impressed by the strong specifications/features and competitive pricing (introductory prices ~6% and 22%, respectively, below those of current top-selling models in the targeted ICE-SUV segments).</li><li>Notably though, the E-PV category as a whole continues to see slow offtake despite multiple new launches amid customer worries around charging infra and resale value, which is likely to get exacerbated by the intensifying launch action/likely competitive pricing in the EV industry over the coming 6-12 months.</li><li>Outlook Our estimates are unchanged (~9% core EPS CAGR in FY24-27E); we retain REDUCE given that the best of the SUV launch cycle is now behind.</li></ul><p><em>Content is external broker report sourced from online content aggregator through publicly available sources and is displayed below for general informational purposes only. Refer full disclaimer below.</em></p>

We attended M&amp;M’s unveiling of its first two born EV SUVs—BE 6e and XEV 9e (press release), and are impressed by the strong specifications/features and competitive pricing (introductory prices ~6% and 22%, respectively, below those of current top-selling models in the targeted ICE-SUV segments).Notably though, the E-PV category as a whole continues to see slow offtake despite multiple new launches amid customer worries around charging infra and resale value, which is likely to get exacerbated by the intensifying launch action/likely competitive pricing in the EV industry over the coming 6-12 months.Outlook Our estimates are unchanged (~9% core EPS CAGR in FY24-27E); we retain REDUCE given that the best of the SUV launch cycle is now behind.Content is external broker report sourced from online content aggregator through publicly available sources and is displayed below for general informational purposes only. Refer full disclaimer below.

マヒンドラ＆マヒンドラ - 印象的なEVの発売、ただしカテゴリーの採用は段階的

Mahindra & Mahindra

マヒンドラ＆マヒンドラ - 印象的なEVの発売、ただしカテゴリーの採用は段階的