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
Maruti: Drop in demand, pricey inputs dent numbers; outlook positive
The wobbly performance of Maruti affected the stock, which has now fallen 15 per cent from its January 2021 high, making valuations reasonable
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
Bajaj Auto is a promising candidate for long term
We continue to remain upbeat on Bajaj Auto as the company plans to roll out new products, increase its market share and see strong demand momentum in export markets
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
This leader from auto ancillary pack deserves a place in long-term portfolio
Barring Q1 FY22 which is expected to perform badly due to the second wave of COVID, the oulook for Wabco for the remaining fiscal is encouraging with pick-up in economic activities
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
BUSINESS
June auto sales show waning impact of COVID
After hitting a speed breaker in May due to the severe second wave of COVID-19 across the country, automobile demand across segments bounced back sharply in June
BUSINESS
Weekly Tactical Pick – Amara Raja Batteries
Several factors to charge up performance of Amara Raja Batteries further
BUSINESS
Subros: Banking on plenty of growth drivers
Demand is expected to remain buoyant for CVs, which should aid Subros’ performance
BUSINESS
Ashok Leyland -- In a sweet spot to ride the economic recovery
Though demand hit a speed breaker for Ashok Leyland due to the second wave of COVID, the outlook for the medium to long term looks promising
BUSINESS
Reliance AGM 2021 | Jio Platforms: Walking the talk
RIL AGM 2021: Jio Platforms has started executing what it had promised last fiscal while partnering with global companies
BUSINESS
Demand curve shapes up for tyre makers, should you book a ride?
Tyre makers CEAT, Apollo Tyres and MRF are riding on a sharp pick-up in demand from original equipment manufacturers (OEMs) and the replacement segment
BUSINESS
GNA Axles — A niche player with a strong brand and healthy financials
The surge in GNA’s stock price has been corroborated by the strong financial performance for the quarter ended March 2021. The company posted a strong growth in its top line, and there is a substantial improvement in its margin profile as well.
BUSINESS
Multiple factors switch it on for battery manufacturers
Battery makers Amara Raja Batteries and Exide Industries are expected to remain strong this time too aided by replacement demand
BUSINESS
Sona BLW Precision Forgings: Is this expensive IPO worth betting on?
Though the IPO has been priced at elevated levels, we advise investors to subscribe for the long term, given the massive growth opportunities and Sona BLW's stellar operating performance
