TVS Motor Co Ltd - Robust Q3FY24; New Launches to Boost Growth!
GM’s improved by 183 bps YoY (32bps QoQ) basis to ~26.3%. PAT grew by robust ~68% YoY (11% QoQ) and 9.7% beat largely on account of higher other...
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Monthly Auto Volume Update - Automotive Industry - October 2024
The domestic 2W industry witnessed strong volume growth of ~11% YoY and 6% MoM, while total exports were up by 23% YoY and 2% MoM, respectively.
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Axis Top Picks for the Month of November 2024
The Axis Top Picks Basket delivered a return of 11.6% in the last six months against the 7.5% returns posted by Nifty 50 over the same period.
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HSIE Results Daily: TVS Motor, IndusInd Bank, Dixon Technologies, Petronet LNG, Metro Brands
TVS Motor: TVS Motors’ Q2 PAT at INR 6.6bn (+24% YoY/+12% QoQ) was marginally lower than our estimates. Higher investments in digital, brand...
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Autos (Q2FY25 Results Preview): 2W to Drive Growth, Soft Quarter for PVs
The premiumisation trend remains in focus with UVs and premium 2Ws driving the growth. The entry-level 2W demand is expected to increase after a...
168 Views