BUSINESS
Mahindra CIE: promising outlook, a long-term portfolio candidate
Mahindra CIE, an auto component manufacturer, has performed well in Q3 CY21 as there has been a sharp recovery in both India and Europe businesses. However, the prospects of it outperforming the industry make us upbeat about the company
BUSINESS
Fiem: riding well on growth in the two-wheeler segment
The wider adoption of light-emitting diode (LED) lights will play a critical role for Fiem Industries' growth
BUSINESS
Battery manufacturers charging well on recovery in automobile segment
Exide trailed Amara Raja Battery in Q2 numbers, but the recovery has been sharp post the pandemic
BUSINESS
Gabriel – A good proxy to play growth in commuter segment
The demand in PV and 2W segments has recovered sharply after lockdown restrictions were relaxed and Gabriel India is one of the key beneficiaries
BUSINESS
Bajaj Auto Q2 FY21: Strong recovery, positive outlook
We continue to remain upbeat on Bajaj Auto as the company plans to roll out new products, increase its market share and capitalise on the opportunity thrown up by COVID-19
BUSINESS
Ramkrishna Forgings: Strong recovery in place, buy for long term
What could act as a key growth catalyst for Ramkrishna Forgings in the near term is the vehicle scrappage policy
BUSINESS
Avenue Supermarts - Smart recovery, but elevated competition and valuation keep us sideways
A differentiating aspect about DMart, run by Avenue Supermarts, is it remains a zero debt company -- excluding lease liabilities -- with strong operating cash flows
BUSINESS
Jamna Auto Industries – Recovery in sight, buy for long term
We continue to be upbeat on Jamna Auto as it has a dominant position in its product market segment and a robust client base. Further, recovery in the CV segment has been reasonable, which would help the company, going forward
MONEYCONTROL-RESEARCH
Auto ancillary company to bet on for the long term
Factors such as strong recovery in auto segments, opportunities arising out of BS VI emission norms, strong order book and reasonable valuation make Minda Corp a long-term buy
BUSINESS
Schaeffler India: Recovery on track
What is working in favour of Schaeffler India is the sharp recovery in the automotive segment and a steady pick-up in the industrial segment. Moreover, new export markets offer a significant opportunity
BUSINESS
September brings cheer to auto makers
Auto sales for September suggest that demand will continue to remain strong as people, wary of public transport post the pandemic, shift towards personal transport
MONEYCONTROL-RESEARCH
Mahindra CIE Q2 CY20: Recovery in business, buy for long term
Mahindra CIE expects operating margin to hit the peak level by the December quarter
BUSINESS
Harley Davidson exits India: How should Eicher’s investors read the same?
Harley exited world’s largest two-wheeler market. What is it that prompted the iconic brand to zoom out of the picture?
MONEYCONTROL-RESEARCH
Ramkrishna Forgings: time to buy amid weakness?
What could act as a key growth catalyst for Ramkrishna Forgings in the near term is the vehicle scrappage policy, which is back on the radar
BUSINESS
Route Mobile – What should you do if you’ve missed the IPO?
Even if we assume that valuation expansion is unlikely, there is significant scope for the Route Mobile stock price to move up on the promising growth outlook
MONEYCONTROL-RESEARCH
Endurance Tech: A good proxy to play the recovery in two-wheelers
We expect ENDU to outperform the industry by acquiring new clients and increasing its share of wallet from existing clients
BUSINESS
The road ahead of Wabco and Bosch
Wabco and Bosch, leaders in their respective segments, have posted a weak set of numbers in the first quarter of FY21. Both saw their revenues decline sharply while a negative operating leverage hurt their operating profitability
BUSINESS
Route Mobile IPO – Fundamentally strong business priced reasonably
With a strong financial performance and cutting-edge technology, coupled with reasonable valuation, the RML public issue looks to be a good bet
BUSINESS
TVS Motors hit hard by operating losses
With a sustained rise in volumes, TVS Motors expects to return to operating profit in the July-September quarter
BUSINESS
Escorts posts decent Q1, but high valuations temper excitement
Escorts's Q1 FY21 operating profitability improved, thanks to soft raw material prices, a rich product mix and operational efficiency
BUSINESS
Bajaj Auto outlook holds out hope
We remain bullish on Bajaj Auto as the company plans to roll out new products, increase its market share and capitalise on the opportunity thrown up by COVID-19
BUSINESS
This auto ancillary has a bright outlook and is reasonably valued, buy
Minda Corporation is riding on growth drivers such as an increase in content per vehicle because of BS VI emission norms and premiumisation
ANNOUNCEMENTS
RIL AGM | Google on board; 5G ready
The RIL AGM saw two big-bang announcements: Google’s investment in Jio Platforms, which was more or less expected, and being 5G ready with solutions
BUSINESS
Tyre stocks: A worthy investment bet
The Apollo Tyre’s stock is trading at a valuation discount compared with MRF and CEAT
