MONEYCONTROL-RESEARCH
Govt to become largest shareholder in Vodafone-Idea — What it means for investors & industry
Conversion of dues to equity and transferring it to the government does not augur well from VIL shareholders' perspective
BUSINESS
Automakers end year on a mixed note
Auto manufacturers posted a mixed set of wholesale monthly numbers for December 2021. The easing of semiconductor chip shortage has helped passenger vehicle (PV) manufacturers post growth on a month-on-month (MoM) basis
BUSINESS
Battery makers hit a soft patch. Good time to look at?
The current stock prices of Amara Raja Batteries and Exide Industries offer a favourable risk-to-reward ratio to investors, given their strong standing
BUSINESS
Subros: A proxy play on PV segment growth
Subros' leadership in the autocomponent space is driven by the quality of products and the product portfolio
MONEYCONTROL-RESEARCH
Bosch and Wabco: How should investors play these stocks?
A strong recovery in demand helped Bosch and Wabco post a robust financial performance for Q2 FY22
BUSINESS
Automakers face challenges galore
Auto manufactures continue to remain under pressure as is evident from November 2021 wholesale numbers. Most of the segments have reported a significant decline on a month-on-month (MoM) basis
MONEYCONTROL-RESEARCH
Deep Value Series: Market correction offers a chance to buy these two stocks
A severe correction in the stock markets due to concerns related to the new COVID-19 variant gives us a good opportunity to buy some of the companies in the automobile pack
MONEYCONTROL-RESEARCH
Suprajit Engineering: Strong show, long-term outlook promising
Its diversification across products and clients, promising aftermarket and export potential, coupled with attractive valuations make it worthy of investor consideration.
MONEYCONTROL-RESEARCH
Gabriel: A strong play on 2W, PV segments in India
What continues to boost our confidence in Gabriel is the sharp rebound in demand across segments and its leadership position. Further, its valuation at 18.2 times FY23 projected earnings lends support
MONEYCONTROL-RESEARCH
With tariff hike, Airtel moves to make business sustainable for the long term
Increase in ARPU will help Airtel in long-term sustainability of business and aid investments in upcoming opportunities
BUSINESS
Demand play, product launches to rev up engine for Ashok Leyland
A strong volume growth, coupled with higher realization, helped Ashok Leyland post strong revenues. However, commodity-linked cost inflation continues to put pressure on operating profitability
MONEYCONTROL-RESEARCH
Strong show by Bharat Forge at home and abroad
The Bharat Forge management continues to focus on the growth areas it has identified: electric vehicles (EVs), light-weighting and defence
BUSINESS
M&M to outperform on strong order book, new products
M&M's strong leadership in farm equipment, positive rural sentiment, and a slew of new products in the auto segment make it a candidate for the long-term portfolio
MONEYCONTROL-RESEARCH
A decent show by Eicher Motors, a ride for the long term
The outlook for Eicher is positive, driven by pent-up demand, exports momentum, significant improvement in the CV segment, improvement in fleet utilisation and rural recovery
MONEYCONTROL-RESEARCH
Stellar quarter from Airtel, accumulate for long term
Performances of both the India and the Africa operations remained strong. An increasing subscriber base helped the company to post a significant growth in revenues and operating margin.
BUSINESS
October auto sales: Sequential improvement brings cheer
While the scarcity of semiconductor chips continues to pose a challenge for auto makers, there has been a perceptible improvement in the month-on-month wholesale numbers in October 2021
MONEYCONTROL-RESEARCH
For Escorts, numbers on track; demand picking up, but higher input cost a concern
Escorts' strong position in the domestic market and new products make us confident about its business
BUSINESS
SJS Enterprises IPO: Will it add aesthetics to your portfolio?
Though the IPO has been priced at a fair value, we advise investors to subscribe for the long term, given SJS Enterprises' dominant position, promising outlook and strong operating performance
BUSINESS
Bajaj Auto: Valuation reasonable for a long-term ride
Decent set of numbers by Bajaj Auto, driven by strong demand in domestic 3W and international 2W segments
MONEYCONTROL-RESEARCH
IndiGo: Sky is clear to get to the next altitude
Indigo saw a significant growth in passenger traffic and load factor. However, rising fuel prices have put pressure on the operating margin
BUSINESS
Chip shortage, commodity prices dent Maruti Q2
The semiconductor chip shortage and the commodity-linked cost inflation have hit the quarterly numbers of Maruti Suzuki India hard
BUSINESS
Reliance Industries’ Q2 performance boosts re-rating prospects
RIL’s balance sheet appears in a much healthier shape with a series of fund raising programmes in the last one year
BUSINESS
Strong show by TVS Motor in Q2 FY22, buy for long term
Robust demand recovery, coupled with focus on managing costs, helped TVS post record revenue and operating profit in Q2 FY22
BUSINESS
Mahindra CIE: A decent show in Q3 CY21, valuation attractive
Demand in both India and Europe continues to be strong and the performance of Mahindra CIE is set to improve, with the likely easing of chip shortage. Further, the EV space provides huge opportunities. The company can beat industry growth
