External broker reports(aggregated public sources), Topline Securities

Topline Securities

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External broker reports(aggregated public sources)

Equity Bottom-Up

<ul><li>Indus Motor Company Limited (INDU) conducted its FY23 corporate briefing session today where management discussed financial performance and future outlook.</li><li>INDU expects to sell 28,000 to 30,000 units in FY24, compared to 31,602 units in FY23.</li><li>The hybrid vehicle is on schedule and expected to be launched early next year. The management did not comment on the price range, stating that it's too early to provide a range given the current economic situation, with the US dollar fluctuating every day.</li></ul><p><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></p>

Indus Motor Company Limited (INDU) conducted its FY23 corporate briefing session today where management discussed financial performance and future outlook.INDU expects to sell 28,000 to 30,000 units in FY24, compared to 31,602 units in FY23.The hybrid vehicle is on schedule and expected to be launched early next year. The management did not comment on the price range, stating that it's too early to provide a range given the current economic situation, with the US dollar fluctuating every day.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.

Topline Flash Note: Indus Motor Company (INDU): Corporate Briefing Key Takeaways