Automotive Industry - Mar’23 Wholesale Dispatches Continue to Grow YoY
The Domestic PV industry sales grew by ~6% YoY (flat MoM) to fulfill the order backlogs, especially in the SUV segment as the production...
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India Channel Insight #50 | Commercial Vehicles - Discounts & Market Share
Indian commercial vehicle industry faces challenges from discounting, new regulations and competition. Tata Motors may regain market share, while...
416 Views
Mahindra & Mahindra (MM IN) | Cracks Widening
Mahindra & Mahindra faces SUV competition, declining sales for Scorpio, XUV300, XUV700. High-end focus risks confusion, loss of market share.
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Automotive Industry - Robust Domestic Sales; 2W Exports Continue to Remain Weak
The domestic CV wholesale volumes registered positive momentum with 11% YoY growth (5% MoM) in Feb’23, which was driven by the growth in the MHCV...
252 Views
India Equity Strategy: Commodity pressure easing, margin expansion on the cards
Aggregate revenue/PAT grew by 19%/6% YoY across the HSIE coverage universe (~208 stocks), their three-year CAGR being 15%/15%
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