The prevalent weakness in the market provides an opportunity to buy into these businesses with an eye on the long term
Market leadership, a strong uptick in CVs, marquee clientele, operating leverage, and strong financial performance should support valuation for some of these companies, going forward
Speaking to CNBC-TV18, Yogesh Munjal, MD of Munjal Showa said demonetisation impact has started waning off and things should return to normalcy soon.
After seeing increased demand for scooters in rural areas, the company has increased its capacity by about 10 percent, Yogesh Munjal, MD of Munjal Showa told CNBC-TV18
Yogesh Munjal, MD of Munjal Showa said the on-going Delhi Auto Expo is garnering interest and will contribute to growth in near-term.
Prakash Diwan is bullish on Escorts despite lower-than-expected Q2 earnings due to possibility of increase in sales from its constriction equipment segment which is a huge area of margin growth for the company.
Yogesh Munjal, MD, Munjal Showa Limited says margins should expand if demand is strong. He expects 11 percent revenue growth in FY15.