BUSINESS
SJS Enterprises: Premiumisation continues to be a key driver
One of the key growth drivers for the company is the increasing demand for premium vehicles, including big cars, SUVs, and high-end bikes
BUSINESS
M&M Q3 FY24: SUV continues to boost performance
The tractor segment continues to face challenges but should do better than the industry average
MONEYCONTROL-RESEARCH
Premium launches drive growth for Eicher in Q3 FY24
Outlook promising, supported by better fleet utilisation and resilience in rural demand
BUSINESS
Bharat Forge Q3 FY24: Strong performance led by a rich product mix
The India business was strong, while the international business remained stable
BUSINESS
Hero MotoCorp Q3 FY24: Premium launches improve performance
A substantial drop in raw material prices and operating leverage helped the bike maker
BUSINESS
Escorts Q3 FY24: Muted volumes and revenue
A decline in raw material prices rescues margins
BUSINESS
Ashok Leyland Q3 FY24: A fall in RM prices augurs well for the company
Strong product lineup and an expanding market share will drive growth
BUSINESS
Airtel Q3 FY24: Strong run continues, but pace of growth moderates
Proactive tariff hikes and increased proportion of high-value customers are key catalysts for growth
BUSINESS
Tata Motors Q3FY24: New products help JLR shine
The management is optimistic about the sustained demand momentum, driven by a robust recovery in macroeconomic activities and the gradual opening up of the broader economy
MONEYCONTROL-RESEARCH
IndiGo continues to soar high, an investment for long haul
With robust domestic and international demand, coupled with a favourable high-yield environment, the company is expected to reach new heights
BUSINESS
Auto sales in January 2024 showed a mixed trend
2W and PV continue to shine, CV and tractor remain muted
BUSINESS
Aviation sector is flying high. Budget acknowledges it
Interglobe Aviation a major beneficiary of the sector’s growth in India
BUSINESS
Maruti Q3 FY24: Drives ahead with strong momentum, utility vehicles in the driver's seat
The company now expects to outperform the industry, thanks to its strong network and product launches, especially in the SUV category
BUSINESS
Craftsman Automation: Wider use of aluminium in vehicles augurs well; reasonable valuation
With the automotive industry moving towards advanced emission standards, there is an anticipated rise in aluminum usage per vehicle. Shift towards EVs is another positive
BUSINESS
Bajaj Auto Q3 FY24: Premium products helping, valuation expensive
Strategic initiatives to introduce new products and expand market share
BUSINESS
TVS Q3FY24: Strong quarter, valuation at elevated levels
With a solid product portfolio, strong market position, and a focus on electric vehicles, the company is expected to outperform the industry
BUSINESS
Sona BLW Q3: In-line numbers, compelling bet to play the EV market growth
Increased raw material prices and employee costs adversely impacted operating margin
BUSINESS
RIL: Q3 results reflect broad-based business strength
RIL’s solid financial strength and business strategy potential augur well for its shareholders over medium term
BUSINESS
Ramkrishna Forgings is riding the CV upswing, but stock at an elevated level
The company is adding new products and exploring new markets for growth
BUSINESS
Delta Corp Q3FY24: A weak quarter, multiple headwinds ahead
The company faces structural challenges as the GST rates for both offline and online gaming have been raised. There are also substantial pending GST dues.
BUSINESS
Bosch is cruising along the growth highway
Multiple triggers to boost the performance of the auto ancillary
BUSINESS
Fiem's growth driven by LED adoption, EV expansion
The rising market share of LED lights, acquisition of new clients, and wider acceptance of EVs make it an attractive long-term bet
BUSINESS
Happy Forging IPO: Will the growth narrative make investors happy?
Business fundamentals are robust, financial performance excellent, and growth outlook promising
BUSINESS
Mandatory ACs in trucks: Multiple companies to benefit from the move
With the outlook for commercial vehicles remaining positive, Subros, Amber, SRF, and Navin Flurine will be gainers
