Ashok Leyland - Robust Q2 with Market Share Gains; Growth & Profitability to Sustain
Ashok Leyland Ltd (AL) reported a robust set of numbers with revenues of Rs 8,266 Cr, up 85%/14% YoY/QoQ and 1.6% beat vs. our estimate.
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Axis Research Scorecard Report - Oct 22
The report contains carefully selected and deeply researched stocks that are well-positioned to benefit from the robust festive demand and India’s...
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Top Picks -Earnings Commentary & The Direction of Dollar Index to Drive Market
Axis Top Picks - Nov 22Content is external broker report sourced from online content aggregator through publicly available sources and is displayed...
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Automotive Industry - Strong Momentum in PV & CV Sales
The domestic PV wholesale volumes grew 31% YoY in Oct’22 fueled by robust festive demand and OEMs deliveringto cater the strong order books.
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Autos (Q2FY23 Results Preview): Margins likely to bottom out
However, all the segments have seen QoQ growth in volumes as all OEMs prepare for a pick-up in demand during the festive season
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