BUSINESS
Tata Motors says hello to TPG Rise to unlock EV's huge potential
This transaction assigns a post money valuation of $9.1 billion (Rs 68,250 crore) to TML’s EV business, which is 45 per cent of the current market capitalisation of the listed entity TML.
BUSINESS
EV sales are running up in India. Seven stocks to ride
In a bid to move towards cleaner energy and environment-friendly transportation, the world has been moving away from internal combustion engine (ICE)-driven vehicles to battery-driven electric vehicles (EVs). In this note, we identify companies, across the EV ecosystem, which could benefit when EV penetration starts to pick up at a faster pace
MONEYCONTROL-RESEARCH
September auto sales: Semiconductor chip shortage a big dampener
At present, the biggest challenge for auto makers is the supply-side shock from the shortage of semiconductor chips. There are, however, early signs of it easing from October 2021
BUSINESS
Telecom relief package: What does it mean for Vodafone-Idea?
VIL will still need external funding for it to undertake the necessary capex that will enable it to retain subscribers
BUSINESS
Exide Industries: Exit from non-core business lays a sunny pitch
Exiting the non-core insurance business and overall demand outlook in both automotive and industrial segments remain strong, post the second wave of COVID, Exide is likely to get re-rated
BUSINESS
August auto sales -- Chips are down, the spark goes missing
Auto majors are facing a severe shortage of semiconductor chips impacting production. In fact, most of them have indicated a significant impact on production if supply constraints do not ease
BUSINESS
This auto ancillary stock is worth adding to long-term portfolio
SEL’s diversification across products and clients, promising aftermarket and export potential, and attractive valuations make it worthy of investor consideration
BUSINESS
Hero MotoCorp Q1 numbers weak; valuation reasonable
Customers’ preference towards personal mobility, a positive rural sentiment, and new products are likely to aid demand for Hero MotoCorp
BUSINESS
Eicher Motors posts weak numbers, opportunity to accumulate
The outlook for Eicher is positive, driven by the pent-up demand for bikes, export demand, significant improvement in the CV segment, an improvement in fleet utilisation, and the resilience in rural demand
BUSINESS
Motherson Sumi: A company for the long haul
At the current market price, MSSL’s valuation is at a discount to its long-term average. We advise investors to accumulate the stock on dips
BUSINESS
A soft patch in the growth journey of Gabriel
What continues to boost our confidence in Gabriel is the sharp rebound in demand across segments and its leadership position. Further, its valuation, at 18.7 times FY23 projected earnings, lends support
BUSINESS
CarTrade IPO: A fast and furious journey to profits?
With an asset-light, profitable business model, CarTrade is poised to grow its size and margins as the sector evolves
BUSINESS
Strong order book and new products to take M&M to the next level
Mahindra & Mahindra'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
Escorts – Ride this tractor for long term
Escorts continues to be in a sweet spot as it caters to rural areas where sentiment is very positive.
BUSINESS
Airtel continues to benefit from the pandemic
After a long struggle, Airtel has moved to raise tariffs in order to boost ARPU and operating metrics
BUSINESS
July auto sales indicate strong rebound in demand
Buoyed by a significant reduction in fresh COVID-19 cases and an increase in the vaccine coverage, demand for automobiles across segments picked up significantly in July compared with the year-ago month.
BUSINESS
TVS Motors: Demand on a comeback trail; long-term outlook positive
TVS Motors' operating margin has remained robust despite commodity-linked cost pressure and negative operating leverage
BUSINESS
Rolex Rings IPO: Should investors weld this bearing into their portfolio?
Investors tracking Rolex Rings need to keep an eye on cyclicality in the auto sector
BUSINESS
IndiGo: Waiting for a slow but gradual recovery in demand
With increased vaccination and a significant reduction in new COVID cases, domestic demand is expected to pick up for IndiGo
BUSINESS
Tata Motors: Near-term challenges persist, second half to be better
Tata Motors expects improvement in chip supply from September 2021 once new capacity goes on stream. JLR expects a strong ramp-up in volumes in the second half
BUSINESS
Mahindra CIE poised to outperform industry growth
For the India business of Mahindra CIE, demand is shaping up post the second wave and the second half of the year is expected to get better
BUSINESS
Reliance Industries Q1 FY22: The digital and renewable businesses have the potential to drive a re-rating
Overall, in our view, RIL’s shift to digital and renewables businesses has the potential to re-rate the company.
BUSINESS
Craftsman Automation: Decent Q1 FY22, a play on economic recovery
Craftsman Automation's leadership position in its segments, coupled with encouraging CV segment demand outlook, make us upbeat about the company
BUSINESS
Vodafone Idea: Struggle for survival is on
We believe there is no investment argument for Vodafone Idea that we can put forward unless we see the company progressing towards raising capital
