Hero Motocorp - Inline Q3; Sustenance of Market Share to Remain Critical
Hero’s 2W domestic market share declined to 31.2% in Q3FY23 (Q3FY22 was at 34.3%) as its Motorcycle market share fell to 43.3% in Q3FY23 from 47%...
300 Views
Automotive Industry - CVs, PVs Outperform
The domestic CV wholesale volumes registered positive momentum with 9% YoY growth in Jan’23, which was driven by the pick-up in infrastructure...
354 Views
Autos (Q3FY23 Results Preview): CVs could outperform in Q3
In Q3, while 2W demand failed to pick up even in the festive season, PV, tractor and CV demand remained healthySupply chain constraints for major...
463 Views
Auto Q3FY23 Preview - Margin Recovery Likely in Q3
We expect Revenue/EBITDA/PAT of Auto OEMs to grow at 17%/39%/45% YoY in Q3FY23. However, we expect Auto OEMs to post de-growth of 6%/1.5%/2.3% on a...
295 Views
Q3fy23 Preview: Margins Likely to Expand
We believe the broad-based earnings momentum which remained robust for multiple quarters is likely to take a brief pause in Q3FY23.
265 Views