Maruti Suzuki: Weak Q1, Volume Outlook Positive
We maintain our HOLD rating while revising our TP upwards to Rs 7,500(from Rs 6,950 earlier) and value the stock at 25x its FY23E EPS, implying an...
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HSIE Results Daily: Maruti Suzuk, Nestle India, Dalmia Bharat, Teamlease Services
HSIE Results Daily Maruti Suzuki: Marutis Q1FY22 PAT, at INR 4.4bn (-62% QoQ), was adversely impacted by the second wave of COVID. We believe that...
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Suzuki – Maruti Weakness Makes Our Predicted Miss Likely
Maruti results showed that in addition to the material cost inflation we pointed to, labour cost was also surprisingly high, illustrating the...
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India Channel Insight | Maruti, Hyundai, Tata Motors, Eicher, Ola Electric
In this Insight, we present commentary from our interactions with dealers of Maruti, Hyundai, Royal Enfield. We also present anecdotal commentary...
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Sona Comstar IPO Trading - Strong Anchors but Tepid Demand
Sona Comstar (Sona) raised around US$761m in its Indian IPO. The company is backed by Blackstone, which held a 66.2% stake prior to listing.
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