TVS Motors - Overall Miss; But Growth Levers Intact!
TVS Motors Ltd (TVSL) Q1FY24 numbers missed ours and streets estimate. Revenue (2% miss) grew by 20%/9% YoY/QoQ led by higher sales volumes (up 5%...
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Rural India - State-Wise Divergences Evident in Recovery Phase
Rural India’s economic recovery post the COVID-19 pandemic has been a much debated topic over the past year, and rightfully so
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Auto Preview Q1FY24: Growth tapers but margins will remain strong
The auto sector has outperformed the Nifty Index by about 14% over the last six months on the back of the expectation of rural revival and...
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Auto Preview Q1FY24 - Growth Tapers but Margins Will Remain Strong
The auto sector has outperformed the Nifty Index by about 14% over the last six months on the back of the expectation of rural revival and...
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Auto - Q1FY24 - Earnings Preview
On a QoQ basis, we forecast margin expansion for TVS/Bajaj in the 2W segment, which will be driven by higher export volume and a better product mix.
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