Suprajit Engineering is India’s largest manufacturer of automotive cables. Its diversification across products and clients, a promising aftermarket and export potential, coupled with attractive valuations make it worthy of investor consideration. Here’s why MC Pro recommends you to add this stock
Ahead of the festive season, the auto industry is gearing up with new launches and fresh variants. Here are the key launches to look out for in September.
Maruti Suzuki’s Chairman RC Bhargava has expressed scepticism over switching to electric vehicles, lampooning the Centre for not reducing tax on CNG vehicles. Speaking at the 61st annual convention of the Society of Indian Automobile Manufacturers, Bhargava said that the country’s largest carmaker will not be entering the EV space in the short term. Here’s why.
Mahindra’s latest SUV offering, the XUV 700 has officially been launched, to a predominantly positive reception. Mahindra’s 7-seater SUV has been launched at a starting price of Rs 11.99 lakh – an ex-showroom price tag that significantly undercuts even the outgoing XUV500, which it directly replaces. How does it fare against its competitors – Hyundai Alcazar, MG Hector Plus and the Tata Safari? Let’s find out.
One of the most eagerly-awaited vehicle launches of this year, the all new Mahindra XUV is the perfect combination of beauty with brains. It perfectly combines engines, features, safety equipment, ride and handling It is the first Mahindra model to wear the ‘Twin Peaks’ logo ‘HD Superscreen’ setup is the standout feature of XUV which combines two 10.25-inch screens for infotainment and instrumentation purposes #MahindraXUV700 #XUV700 #700 #Mahindra #video
M&M XUV700 combines engines, features, safety equipment, ride and handling well and ergo, is far ahead of the current competition.
Though demand hit a speed breaker due to the pandemic, the outlook for medium-to-long term looks promising for Ashok Leyland. Demand is expected to recover post the resumption of economic activities. Current valuations also appear reasonable. Watch this video to know why we advise investors to accumulate this stock for the long term.
Though demand hit a speed breaker due to the second Covid wave, the outlook for the medium to long term looks promising for Ashok Leyland
Bharat Forge is trading at a valuation of 23.5 times FY23 projected consolidated earnings, which we believe is at a reasonable level given the strong growth potential. We advise investors to buy and also accumulate at lower levels. Watch the video for more.
The demand momentum in international markets for Bharat Forge is expected to continue and new focus areas are likely to drive growth in the coming years
Multichannel mobility platform CarTrade Tech is making its debut in the market with an IPO. CarTrade Tech incorporated in 2000, functions as a host of sorts connecting new car owners and used car owners via the platform in the buying and selling of their vehicles. Karunya Rao gets you all the details you need about the offering.
Nifty heavyweight Hindalco and Mahindra and Mahindra are set to report their earnings report for Q1FY22 on August 6, 2021. Here’s a detailed preview of what to expect.
Tech Mahindra is seeing positive momentum from enterprise as well communication with strong visibility on 5G front. The investment made in areas of 5G, customer experience, management, AI, cloud, data analytics and IOT puts TechM on a strong pedestal. The robust outlook along with an undemanding valuation makes it an attractive large cap bet to ride on the strong technology up-cycle.
On the back of the uncertainty triggered by the second wave of Covid and the apprehension of a demand slowdown, Maruti’s stock price has fallen 15% from its 52-week high seen in January 2021. Valuations now look reasonable at 31.2 times FY23 projected earnings. We, therefore, advise investors to accumulate the stock in a staggered manner during this soft patch
With a significant reduction in fresh Covid-19 cases, Tata Motors’ management highlighted that demand is coming back sharply and the second half should see significant demand growth. Encouraged by the economic resilience seen after the first wave of the pandemic, the management is confident of a quick revival this time as well.
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
The fortunes of Subros are directly linked to the growth of the passenger vehicle industry. Though the first quarter of FY22 is expected to be impacted by the second wave of COVID, the outlook for the remaining fiscal seems encouraging. The company management has indicated that the demand is expected to pick up post-easing of lockdown restrictions in various states. At the current valuation of 17.9 times FY23 projected earnings, the stock looks attractive.
Demand is expected to remain buoyant for CVs, which should aid Subros’ performance
Tyre manufacturers — CEAT, Apollo Tyres and MRF — are seeing a stellar ride on the back of a sharp pick-up in demand from OEMs and the replacement segment. Q4 FY21 numbers corroborate the strong pick-up in demand. At the current market price, valuations of these companies look attractive given the demand outlook. Here’s why you should include them in your core portfolio.
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
As part of the discovery series, Moneycontrol Pro had identified GNA Axles as one of the ideas that can be a part of a long-term portfolio. The stock price has run up 46% since then as compared to 20% rise in Midcap index. And the surge in price has been corroborated by the strong financial performance for Q4FY21.
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.
Battery makers Amara Raja Batteries and Exide Industries are expected to remain strong this time too aided by replacement demand
Minda Corp's strong order book and robust product portfolio add to our confidence. At the current valuation of 15.3 times FY23 projected earnings, the stock looks attractive
Karunya Rao decodes why Motherson Sumi is still an attractive bet to buy on dips, the company’s growth outlook for global and domestic markets and what are the key risks to watch out for.
Automated driving, or self-driving, cars are no longer a fantasy with automakers in a race to bring out the first Level 5 or fully functional self-driving car but what are the other levels of automation technology? Let’s take a look
Just a few days after announcing plans to set up a dedicated EV design centre in Bengaluru, Ola Electric is back in the spotlight again for appointing former JLR Design Director, Wayne Burgess, as its VP of Design. Find out more about this high profile car designer.
Positive outlook for domestic and export segments, reasonable valuation, strong product pipeline and a bounce-back in demand for premium bikes make Bajaj Auto an attractive bet for the long haul.
Hero MotoCorp has announced the India price list for Harley Davidson motorcycles. For more details on the offerings and price range, watch this video
Ola Electric, which has ambitions of building the largest two-wheeler plant in the world, said the company and its partners will invest $2 billion over the next five years to set up more than 1 lakh charging stations across 400 cities. Of this, 5,000 charging points across 100 cities in India will come up this year. Ola Chairman and group CEO Bhavish Aggarwal said this will also be the fastest two-wheeler charging network. Watch his interview with Moneycontrol's Chandra R Srikanth.
Airlines were looking at a good summer recovery but the rising number of COVID-19 cases and the consequent restrictions along with curfews have led to a sharp decline in passenger traffic. Watch the video to know how the aviation sector is fighting for its survival.
The demand for personal vehicles and two-wheeler segments shot through the roof post the unlocking as people tried to avoid public transport, the recovery in demand was quite exceptional. Tractor & commercial vehicles witnessed slow recovery post unlocking. But now they are catching up fast as sales start to witness growth from pre-COVID levels. Watch the video to know more
Craftsman Automation is a leading engineering company. Its shares got listed on the bourses at Rs1,359, which was at an 8 percent discount to the upper end of the IPO price band. The weak listing was also due to poor market sentiments. However, the demand picked up post listing and price is up 4 percent from the listing price. Watch the video to know whether investors should look at buying the stock at the market price or sell the share they got from the IPO allocation?
With the government fast-tracking ethanol blending, Praj Industries' bio-energy segment has received a boost
A sharp recovery in demand for passenger vehicles (PV) and commercial vehicles (CVs) coupled with the localisation effort to improve profitability make us upbeat about Subros
Tesla boss Elon Musk's old video from 2008 explains why Tesla cars are so expensive
Even as the Chairman of Tata Sons bets on new areas such as electric vehicles, digital and healthcare, legacy challenges continue to shadow the $106 billion conglomerate.
IIT Madras-Incubated Startup Pi Beam has launched an Electric Two-Wheeler that can charge faster than a smartphone and comes with a range of 50 km. Watch the video for more
Preference for personal mobility, festive season and recovery in export market led to a significant recovery in demand for two-wheelers. That's clearly visible in Bajaj Auto numbers
In terms of valuation, GNA is trading at 10 times FY21 projected earnings, which is very reasonable
Vehicles that have applied for HSRP and colour-coded stickers will not be fined for now.
TVS group will abolish the holding structure. Each family group will get complete ownership of the companies on a royalty-free basis.
Gabriel India is a leading manufacturer and supplier of a wide range of ride control products across automotive segments and railways. With the automotive segment seeing recovery, should investors see Gabriel India as a long-term bet? Let's find out in this edition of Ideas For Profit.
The demand in PV and 2W segments has recovered sharply after lockdown restrictions were relaxed and Gabriel India is one of the key beneficiaries
Lumax Industries sees a huge potential in the LED segment as its penetration in India is still very low
"The guidelines may be applicable to aggregators on boarding transport vehicles in the area of operation. The vehicles that may be integrated by the aggregator shall include all motor vehicles under the act and e-rickshaw," said the 26-page Motor Vehicle Aggregator Guidelines issued on November 27.
We continue to remain upbeat on Endurance, primarily on the back of its significant presence in the high growth two-wheeler segment and a strong order book. Moreover, the company is trading at a discount to its 5-year average valuation
Watch the video to find out what is an air bubble and with which countries India has air bubble agreements?
A sharp recovery in the demand for passenger vehicles (PVs) and two-wheelers coupled with an increase in content per vehicle due to the BS VI emission norms make us upbeat about Minda Corp
Watch this edition of 3-Point Analysis to find out if the festive sales suggest the auto sector is out of the woods