Oct 25, 2012 12:08 PM IST
Amit Kasat of Standard Chartered Securities expects volume growth of two-wheeler vehicles to pick up from January onwards. "Inventory will not be a bigger issue for the two-wheeler industry going forward because it gets readjusted very fast according to readjustment in their production schedules," he said in an interview to CNBC-TV18.
- Oct 25, 2012 11:08 AM IST
India's largest two-wheeler maker Hero MotoCorp delivered second quarter results in-line with street expectations on Tuesday. However, there are no particular reasons to celebrate just yet, warn analysts.
- Oct 23, 2012 10:00 AM IST
Hero MotoCorp will report its earnings on Tuesday amid what has been a very sluggish second quarter for the two-wheeler industry in general.
- Oct 23, 2012 07:38 AM IST
For the second quarter, analysts on average expect Hero's net profit to decline 27% at Rs 440 crore, while revenue is seen down 12.5% at Rs 5,100 crore, according to a CNBC-TV18 poll.
- Oct 10, 2012 12:25 PM IST
Motilal Oswal has come with its September`12 quarterly earning estimates for auto sector. The research firm is downgrading their earnings estimates for Bajaj Auto and Hero MotoCorp to factor in weaker than expected demand and adverse currency movement (except Bajaj).
- Oct 09, 2012 01:39 PM IST
Dolat Capital has come with its September`12 quarterly earning estimates for auto sector. The research firm expects demand for UV segment to be robust. Due to production disruption, Maruti‘s 2QFY13 will disappoint, M&M continues to report strong numbers.
- Oct 09, 2012 12:33 PM IST
Angel Broking has come with its September`12 quarterly earning estimates for auto sector. The research firm prefers stocks that have strong fundamentals, high exposure to rural and exports markets and commanding superior pricing power.
- Oct 09, 2012 12:14 PM IST
Emkay Global Financial Services has come with its September`12 quarterly earning estimates for auto and auto ancillaries sector. The research firms maintains neutral stance on the sector and believe auto ancillaries are a better investment theme at this point than OEMs.
- Oct 08, 2012 01:45 PM IST
KRChoksey has come with its September quarterly earning estimates for auto sector. According to the research firm, it was a mixed quarter for the overall Auto industry with higher crude prices & higher interest rates playing as the spoil sport.
- Jul 19, 2012 04:30 PM IST
In an interview to CNBC-TV18 Dilip Bhat of Prabhudas Lilladher gave readings on the first quarter numbers of stocks across various sectors like Dr Reddy's, Hero Moto Corp and Bhat is bullish on both these stocks.
- Jul 19, 2012 11:35 AM IST
Revenues of Hero Motocorp are seen going up by 12% YoY and 5.5% QoQ to Rs 6,370 crore during the quarter. Growth in revenues was due to 7.5% volume growth and 5% YoY growth in average realisations.
- Jul 19, 2012 09:11 AM IST
Country's largest two-wheeler manufacturer Hero Motocorp is set to declare its first quarter earnings today. Analysts on an average expect a growth of 13% year-on-year and 4.4% quarter-on-quarter in profit after tax of Rs 630 crore for the quarter ended June 2012.
- Jul 10, 2012 07:31 PM IST
Motilal Oswal has come with its June quarterly earning estimates for automobile sector. According to the research firm two-wheeler stocks, Bajaj Auto and Hero MotoCorp are likely to report muted earnings growth at 2% and 8%, respectively.
- Jul 10, 2012 02:04 PM IST
Dolat Capital has come with its June quarterly earning estimates for auto sector. The research firm expects margin improvement QoQ for Maruti and M&M.
- Jul 09, 2012 01:17 PM IST
Angel Broking has come out with its June quarterly earning estimates for automobile sector. The research firm expects Apollo Tyres (APTY) to outperform the overall sector's earnings growth in 1QFY2013 primarily on account of receding cost pressures, leading to strong margin expansion.
- Jul 09, 2012 12:47 PM IST
Emkay Global Financial Services has come out with its June quarterly earning estimates for automobiles sector. The research firm expects adjusted EBIDTA margins to decline by 90bps YoY and 70bps QoQ to 11.7%.
- May 16, 2012 05:18 PM IST
Two-wheeler makers, which saw good growth for most of 2011-12, have hit speed bumps in the last few months. Competition has also increased with Honda Motorcycle & Scooter India (HMSI) becoming aggressive post the break-up of Hero and Honda.
- May 03, 2012 01:14 PM IST
Hero MotoCorp shares skidded over 6% on Thursday after investors were disappointed with the India's largest two-wheeler maker's lower-than-expected fourth quarter results.
- Apr 17, 2012 10:18 AM IST
Fourth quarter revenues of auto companies could grow 30% year-on-year on an average, much of it driven by a surge in passenger car sales. On the whole, FY11 was not great year for passenger car makers, though two-wheeler firms and commercial vehicle makers did much better.
- Apr 09, 2012 12:50 PM IST
Angel Broking has come out with its earnings estimates on Hero Motocorp for March FY12. According to the research firm, company's Q4FY12 sales are likely to go up by 11.8% at Rs 5984 crore, Year-on-Year (YoY) basis.
- Apr 05, 2012 03:25 PM IST
Angel Broking has come with its March quarterly earning estimates for automobile and auto ancillary sector. The research firm expects auto ancillary cos to report moderate net profit growth.
- Apr 02, 2012 03:36 PM IST
Emkay Global Financial Services has come with its quarterly earning estimates on automobiles sector for March 2012. The research firm believes budget has raised red flags which can delay the cyclical recovery in demand for 4 wheelers. We maintain our preference for 2 wheelers.
- Jan 19, 2012 10:09 AM IST
India's largest two-wheeler producer Hero Motocorp is expected to report a profit after tax of Rs 631 crore in the third quarter of FY12, a massive growth of 47% as compared to Rs 429 crore in the corresponding quarter of last fiscal.
- Jan 18, 2012 05:09 PM IST
India's top two-wheeler makers Hero MotoCorp and Bajaj Auto will report third quarter earnings on Thursday amid signs that the slowdown that has hurt passenger vehicle sales is catching up with scooters and motorcycles.
- Jan 10, 2012 02:54 PM IST
The road so far this fiscal has been full of speed bumps for passenger car makers. But good growth among two-wheelers and light commercial vehicles is expected to drive automobile sector's revenue up 20-22% from a year ago in the third quarter.