Personal Vehicle

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.

Ideas For Profit | Minda Corp: Why this auto ancillary stock is still a favourite

Minda Corporation posted a stellar set of numbers for the final quarter of FY21. A sharp recovery in demand post COVID-related lockdown for PVs and two-wheelers, increase in content per vehicle due to BS VI and growth driven by new focus areas make us upbeat about the prospects of the company. Moreover, the company’s strong order book and the robust product portfolio add to our confidence. The stock is currently trading at an attractive valuation of 15.3 times FY23 projected earnings. Karunya Rao tells us why investors can bet on this stock for the long haul.

Ideas For Profit | Will the auto sector continue its fast-track race amidst the second wave of COVID-19?

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