Auto Monthly Volume Update - Mar 2022 - Easing Supply Chain Issues Improve PV & CV Traction
FY22 was a difficult year for the auto industry on account of supply-chain challenges as well as RM headwinds, resulting in an increased total cost...
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Growth, Margin Concerns Resurface for Auto Sector Amid Prevailing Geopolitical Crises
Resurfaced chip availability concerns amid geopolitical issues Russia is the largest producer (~40% share in global production) of rare earth metal...
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Eicher Motors: Weak Quarter; Gradual Improvement in Supply Chain
We maintain our HOLD rating on the stock with a revised TP of Rs 2,800/share (Rs 2,850 earlier), resulting in an upside of 9% from the current levels.
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Easing supply chain, ramp-up in exports to drive growth
The performance miss in EIM was led by lower realization and launch/event related marketing spends. With supply chain issues showing some signs of...
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HSIE Results Daily: Titan, Eicher Motors
Eicher Motors: Royal Enfield's (RE) Q2 margin of 20.3% (+280bps QoQ) was aided by a benefit of INR400mn in employee expenses (gains due to unvested...
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