External broker reports(aggregated public sources), ICICI Securities Ltd

ICICI Securities Limited

ICICI Securities Limited provides investment services. The Company provides corporate and investment banking, securities, wealth management, retail brokerage, initial public offerings, and advisory services. 

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External broker reports(aggregated public sources)

Equity Bottom-Up

<p>Better product mix, o/p leverage to outweigh cost pressures ALL has an ambition of being among the top 10 global CV players and is thus looking at exports as a major enabler. In line with this, it has introduced left hand drive (LHD) functionality across new platforms in both M&amp;HCV; (modular programme, AVTR) and LCV (Project Phoenix). Higher share of exports, going forward, is set to improve blended realizations. Under Project Reset', ALL expects profitability actions on costs, cash &amp; capex to reflect in financials meaningfully from FY22E onwards.</p>
<div class="content-highlight"><em>Content is external broker report sourced from online content aggregator through publicly available sources and is displayed below for general informational purposes only. Refer full disclaimer below.</em></div>

Better product mix, o/p leverage to outweigh cost pressures ALL has an ambition of being among the top 10 global CV players and is thus looking at exports as a major enabler. In line with this, it has introduced left hand drive (LHD) functionality across new platforms in both M&amp;HCV; (modular programme, AVTR) and LCV (Project Phoenix). Higher share of exports, going forward, is set to improve blended realizations. Under Project Reset', ALL expects profitability actions on costs, cash &amp; capex to reflect in financials meaningfully from FY22E onwards.
Content is external broker report sourced from online content aggregator through publicly available sources and is displayed below for general informational purposes only. Refer full disclaimer below.

Ashok Leyland: Well Poised to Capture Industry Tailwinds