The outlook for this auto ancillary looks promising with a demand pick-up in the CV segment
A big beneficiary of the ongoing commercial vehicle (CV) upcycle. It has been operating in a promising business environment
Rich product mix helps the company offset impact of raw material price rise while new products are expected to drive growth
A strong recovery in demand helped Bosch and Wabco post a robust financial performance for Q2 FY22
On the back of strong product portfolio, Wabco enjoys a leadership position in its market segments. The stock of Wabco is trading at a valuation of 41.9 times FY23 projected earnings – 10% lower than its long-term average of 46 times. We advise investors to buy the stock in a staggered manner. Here’s why.
Barring Q1 FY22 which is expected to perform badly due to the second wave of COVID, the oulook for Wabco for the remaining fiscal is encouraging with pick-up in economic activities
Lessons from an arbitrage trade that went wrong in the Wabco offer for sale
A strong recovery in demand helped Wabco and Bosch post robust financial performance for Q3 FY21. Top line saw a strong expansion on a year-on-year (YoY) basis for both
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
Net Sales are expected to increase by 25.4 percent Q-o-Q (up 9.2 percent Y-o-Y) to Rs 618.4 crore, according to ICICI Securities. Wabco Limited to report net profit at 71.3 crore up 66.6% quarter-on-quarter.
Motor Vehicles (Amendment) Bill, 2016, that will become an Act post its clearance by Rajya Sabha may seem stringent but it can go a long way in making the sector transparent.
Firstcall is bullish on Wabco has recommended buy rating on the stock with a target price of Rs 6000 in its research report dated March 8, 2016.
ICICIDirect has recommended hold rating on Wabco Ind with a target price of Rs 6250 in its research report dated February 1, 2016.
The total income during the quarter grew by 19 percent, at Rs 651.7 crore against Rs 545.6 crore the same quarter of the previous fiscal.
Aashish Tater, head of research at Fort Share Broking shares his multibagger ideas on CNBC-TV18. He analyses Wabco and BOC India his targets for both these stocks.
Belgium-based WABCO Holdings has embarked upon a Rs 60-crore investment plan for its Indian operations during this financial year, a top company official said today.