
BUSINESS
M&M Q4 FY23: Auto segment firing, valuation offers upside
A wide range of products and a strong new-product pipeline augur well for the auto company though the tractor segment remains a near-term worry

BUSINESS
Ashok Leyland: Sector tailwinds add to its horsepower
A strong product portfolio and an increase in market share augur well for the company

BUSINESS
What the IPO of Tata Technologies brings to Tata Motors
With more than 74 percent stake in Tata Tech, Tata Motors can garner huge returns from the flotation of its subsidiary

BUSINESS
IndiGo: Decent numbers in a seasonally weak quarter
Strong domestic and international demand and the high-yield scenario can help the airline gain altitude.

BUSINESS
Airtel Q4 FY23: Higher proportion of 4G/5G customers is the key growth driver
A larger share of high-value customers, coupled with tariff hikes, helped the company post robust growth in revenues and operating margins

BUSINESS
Tata Motors Q4FY23: A double-engine growth story
International and domestic businesses are expected to continue doing well with EVs providing the extra spark

BUSINESS
Eicher posts stellar numbers, riding fast on premium products
Volumes register good growth in fourth quarter, EBITDA margin expands

BUSINESS
Mixed results by Escorts, outlook depends on monsoon
Weak tractor demand is a drag on revenues but construction equipment & railway segments recover sharply

BUSINESS
Hero MotoCorp Q4 FY23 — Decent set of numbers; new products key growth drivers
Realisations improved and volumes grew while demand momentum is likely to be sustained going forward

BUSINESS
TVS Q4 FY23: Motorcycles weigh on financials; new products key drivers

BUSINESS
A mixed run for automobiles in April 2023
Inventory correction leads to a drop in MoM numbers in the CV segment; PVs and premium bikes do well

BUSINESS
GoFirst’s insolvency: An opportunity for others?
Passengers of GoFirst are expected to shift to other well-placed airlines

BUSINESS
Maruti: Why is it a good buy now?
The car-maker’s order book is strong and the stock valuation is reasonable

BUSINESS
Bajaj Auto Q4 FY23: Strong numbers despite challenges
Going forward, the company plans to roll out new products and increase market share

BUSINESS
Reliance Industries puts up a strong show across new-age businesses
There’s scope for re-rating as the conglomerate’s current valuation implies near-zero value for the new energy business and little upside from the growing consumer business

BUSINESS
Delta Corp Q4 FY23: Final quarter weak, but full-year picture shows improvement
Expansion is the key to growth; online gaming IPO to unlock value

BUSINESS
Subros: Wider EV adoption, PV demand augur well
With demand remaining buoyant in the passenger vehicle (PV) and commercial vehicle (CV) segments, semiconductor chip-supply issues waning, and raw material prices softening, Subros can be added in the portfolio from a long-term perspective

BUSINESS
Craftsman Automation: Riding the CV momentum, higher aluminium use in auto sector
Moderating raw material prices and encouraging demand outlook to boost company’s margin

BUSINESS
Auto: What will be the journey in FY24 after a bumpy ride in FY23?
CVs, EVs, premium bikes and PVs expected to maintain momentum with rural-centric companies facing demand challenges

BUSINESS
Mahindra CIE: Strategic move to improve profitability
The sale of loss-making business in Germany, strong domestic demand, and EV opportunities augur well for the out parts maker

BUSINESS
Ramkrishna Forgings is riding the CV upswing
Valuation coupled with encouraging outlook make this auto ancillary a long-term buy

BUSINESS
Diamond in the dust: This premium bike maker is up for grabs, at a discount
Customer preference for premium bikes and a strong demand momentum augur well for Eicher Motors

BUSINESS
ZFCV takes the pole position to make the most of sector tailwinds
The outlook for this auto ancillary looks promising with a demand pick-up in the CV segment

BUSINESS
Growth play makes this leader of the auto ancillary pack red-hot
Strong demand coming in from CV segment and opportunities in EVs position this auto component player well