Minda Corporation Ltd - Acquisition of a 15.7% Stake in Pricol Ltd
Pricol is a market leader in India with 50%/70%/50% market share in the 2W/CV and tractor segment respectively for Driver Information System and...
249 Views
Minda Corporation Ltd - Mostly Inline with Estimates; Maintain Buy
Minda Corp has been focusing on the premiumisation trend with products like Keyless Smart Lock, Dc-Dc Converter, Compressor Housing, Powertrain...
369 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.
264 Views
Auto Q2fy23preview - Volume Growth & Operating Leverage to Drive Ebitda Growth
In Q2FY23, wholesale volumes across PV/CV/2W (other than tractors) segments stood robust QoQ, led by inventory channel filling ahead of the festive...
101 Views