Margins impacted by RM Cost and operating deleverage
New order wins in EVs/hybrids; Focus on energy cost pass on to customers MACA's weak performance in 4QCY21 was reflection of high RM/energy...
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Mahindra CIE Automotive: Renewed Focus on Growth, Margins, Capital Efficiency
Mahindra CIE (MCI), part of the Spain-based CIE Automotive Group, is a multi-technology, multi-product automotive component supplier.
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Sona Comstar - Has Its Positives, but We Remain Unconvinced
Sona Comstar aims to raise around US$761m in its Indian IPO. The company is backed by Blackstone, which held a 66.2% stake prior to listing.
234 Views
Sona Comstar IPO Initiation: Shifting Gears
Sona Comstar is looking to raise Rs60 bn ($820 m) through an IPO in India. Overall, we think that Sona Comstar is an attractive and alternative...
238 Views
Mahindra CIE 3QCY18 Result – Strong Revenue Growth, Temporary Challenges in Europe
In 3QCY18, Mahindra Cie Automotive (MACA IN) Mahindra CIE reported consolidated revenue growth of 23% YoY to Rs 19,300 mn (-2% QoQ), EBITDA growth...
417 Views