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Tesla is one of the major clients for Indian auto companies having presence globally Says Ashwin Patil, LKP Securities Below Quote On Impact of Tesla on the Indian Auto Sector 03rd July 2023 By Ashwin Patil, Senior Research Analyst at LKP Securities. Tesla is one of the major clients for Indian auto companies having presence globally, particularly in North America. Tesla's sales and production growth seen in June is definitely positive for auto ancillaries in India as well which will enable higher business and order book for them. Entry of Tesla in India will have a negative impact on OEMs th...
Tesla is one of the major clients for Indian auto companies having presence globally Says Ashwin Patil, LKP Securities
Tesla is one of the major clients for Indian auto companies having presence globally Says Ashwin Patil, LKP Securities
Source: LKP Securities
3/07/2023 12:52:04 PM
Quote on El Nino`s effect on Auto Sector By Ashwin Patil, LKP Securities Below are Quote on the auto sector from Ashwin Patil Senior Research analyst at LKP Securities. It is a slightly positive prediction for the Auto sector. But the normal range according to the weather experts is between 96-104%, while IMD has predicted it at the lowest end of this range which is 96%. So it shows cautiousness. It can go either way. So nothing to rejoice at this point in time. Will have to wait and watch when the El Nino sets in in the month of July. However, any positive ris...
Quote on El Nino`s effect on Auto Sector By Ashwin Patil, LKP Securities
Quote on El Nino`s effect on Auto Sector By Ashwin Patil, LKP Securities
Source: LKP Securities
13/04/2023 12:39:05 PM
Quote on the Defence sector By Ashwin Patil, LKP Securities Below are Quote on the Defence sector from Ashwin Patil. Senior Research Analyst at LKP Securities "Defence sector, as every year before the budget has a wishlist out of which the important one is outlay for emphasis on indigenisation, which means emphasis on local production. The GOI definitely does a lot for the sector every year, also on the R&D side where they plan to spend a substantial amount. Therefore even this year we expect them to announce a significant budget for the...
Quote on the Defence sector By Ashwin Patil, LKP Securities
Quote on the Defence sector By Ashwin Patil, LKP Securities
Source: LKP Securities Ltd
31/01/2023 4:12:24 PM
December outlook View on Auto sector By Ashwin Patil, LKP Securities Below view on Auto sector December outlook post the wedding season from Ashwin Patil, Senior Research analyst at LKP Securities "Wedding season is always an upbeat one for the auto sector. Definitely November and December are good seasons for weddings, thus in turn for the auto sales. Therefore we saw great retail numbers then. December is generally weak as customers wait to buy a vehicle with a new year registration date from a reselling point of view. So we expect a slight...
December outlook View on Auto sector By Ashwin Patil, LKP Securities
December outlook View on Auto sector By Ashwin Patil, LKP Securities
Source: LKP Securities Ltd
9/12/2022 2:57:14 PM
View on Tyre sector/ stocks: Tyre sector looks comfortably positioned going forward with auto demand looking strong Says Ashwin Patil,LKP Securities Below are Views on Tyre sector/ stocks By Ashwin Patil, Senior Research Analyst at LKP Securities "Tyre sector looks comfortably positioned going forward with auto demand looking strong especially in the PV and CV segments. Replacement demand too remains robust on the back of strong demand in FY 19 considering the fact that the tyre replacement cycle on an average is about 3-3.5 years. On the profitability front as well we believe that softening of natural rubber and c...
View on Tyre sector/ stocks: Tyre sector looks comfortably positioned going forward with auto demand looking strong Says Ashwin Patil,LKP Securities
View on Tyre sector/ stocks: Tyre sector looks comfortably positioned going forward with auto demand looking strong Says Ashwin Patil,LKP Securities
Source: LKP Securities Ltd
29/11/2022 4:54:21 PM
Quote on Tata Motors: Domestic numbers were good with both CV and PV segments performing well Says Ashwin Patil,LKP Securities Below Quote On Tata Motors Pace On Volume Recovery From Ashwin Patil, Senior Research Analyst at LKP Securities. "TaMo's numbers were subdued in the quarter. Volume growth in JLR was not very strong. Weakness is seen in European markets, while margins are impacted by unfavorable currency, higher input costs, marketing spends etc. Domestic numbers were good with both CV and PV segments performing well. But overall numbers still show room for improvement. We remain Neutral on t...
Quote on Tata Motors: Domestic numbers were good with both CV and PV segments performing well Says Ashwin Patil,LKP Securities
Quote on Tata Motors: Domestic numbers were good with both CV and PV segments performing well Says Ashwin Patil,LKP Securities
Source: LKP Securities Ltd
11/11/2022 2:20:55 PM
Quote on Mahindra & Mahindra: At the bottom line, higher other income Says Ashwin Patil, LKP Securities Below Quote On Mahindra & Mahindra Q2 from Ashwin Patil, Senior Research Analyst at LKP Securities. "Strong set of numbers from MnM. Outperformance was seen on topline as both the Auto as well as Farm equipment segment performed robustly. Margins at 12% were in line with expectations. Auto as well as FES margins grew on a qoq basis. At the bottom line, higher other income and good operational performance led to an above expected growth Remain BUY."   ...
Quote on Mahindra & Mahindra: At the bottom line, higher other income Says Ashwin Patil, LKP Securities
Quote on Mahindra & Mahindra: At the bottom line, higher other income Says Ashwin Patil, LKP Securities
Source: LKP Securities
11/11/2022 2:09:24 PM
View on Zee Entertainment: Sony merger gives an altogether different fillip to the business Says Ashwin Patil,LKP Securities Below Views on Zee Entertainment By Ashwin Patil, Senior Research Analyst at LKP Securities Zee's 99.99% of shareholders have given their approval for the Zee Sony merger. That has led to almost an end to the speculations over the deal and crossed the major hurdles. This would make the merged entity the largest media house with a market share above 26%. Outlook is positive. Ad revenues should increase from here considering pick up in the economy, good monsoons dri...
View on Zee Entertainment: Sony merger gives an altogether different fillip to the business Says Ashwin Patil,LKP Securities
View on Zee Entertainment: Sony merger gives an altogether different fillip to the business Says Ashwin Patil,LKP Securities
Source: LKP Securities Ltd
18/10/2022 5:05:12 PM
Quote On Auto firms: The quarter ended September witnessed a good growth in volumes for the auto industry Says Ashwin Patil, Senior Research Analyst at Geojit Financial Services Below Quote On Auto firms By Ashwin Patil, Senior Research Analyst at Geojit Financial Services "The quarter ended September witnessed a good growth in volumes for the auto industry across sectors except for exports in the two wheelers space which depend on Africa, where currency depreciation and resulted slump in retail demand played the spoilsport. In the domestic markets, the quarter was strong on good monsoons (except for some eastern states), higher demand for new launc...
Quote On Auto firms: The quarter ended September witnessed a good growth in volumes for the auto industry Says Ashwin Patil, Senior Research Analyst at Geojit Financial Services
Quote On Auto firms: The quarter ended September witnessed a good growth in volumes for the auto industry Says Ashwin Patil, Senior Research Analyst at Geojit Financial Services
Source: Geojit Financial Services
13/10/2022 5:31:11 PM
Quote on Defense sector/ stocks By Ashwin Patil, LKP Securities Below is Quote on Defense sector/ stocks from Ashwin Patil. Senior Research Analyst at LKP Securities "Defense sector is buzzing currently on the back of a strong order book, orders from GOI under the Ministry of Defense, technological advancements and requirements according to the geopolitical environment and export orders. This gives us a visibility of upto 4-5 years as the country needs to match the international standards. Furthermore, profitability led by higher indigenisati...
Quote on Defense sector/ stocks By Ashwin Patil, LKP Securities
Quote on Defense sector/ stocks By Ashwin Patil, LKP Securities
Source: LKP Securities Ltd
12/09/2022 3:05:06 PM
Outlook on `Bajaj Auto announces Open Market Buyback` By Ashwin Patil, LKP Securities Below is Outlook on Bajaj Auto announces Open Market Buyback By Ashwin Patil, Senior Research Analyst at LKP Securities "The size of the buyback is Rs2500 cr and at a price of Rs4600. However it's an open market buyback and not through a tender offer. This means that the stock may not reach those levels by the time the buyback offer closes. Therefore for retail investors, there may not be any significant upside because of this buyback. However, we believe that the stock ...
Outlook on `Bajaj Auto announces Open Market Buyback` By Ashwin Patil, LKP Securities
Outlook on `Bajaj Auto announces Open Market Buyback` By Ashwin Patil, LKP Securities
Source: LKP Securities Ltd
27/06/2022 5:10:46 PM
Quote on Defence Stocks post Government Rs 76,390 Crore Approval By Ashwin Patil, LKP Securities Below is Quote on the Defence Stocks/Sector post Government Rs 76,390 Crore Approval from Ashwin Patil. Senior Research Analyst (Auto) at LKP Securities "These companies are the front runners to gain from any positive moves from the GOI as it is their one of the most important sources of business. Such a move from the GOI entails higher revenues and order book for the coming years. It gives higher visibility of numbers going forward and comfort to investors. Given the geopolitica...
Quote on Defence Stocks post Government Rs 76,390 Crore Approval By Ashwin Patil, LKP Securities
Quote on Defence Stocks post Government Rs 76,390 Crore Approval By Ashwin Patil, LKP Securities
Source: LKP Securities Ltd
7/06/2022 4:56:37 PM
Quote on Hero Moto stock tanks 8% By Ashwin Patil, LKP Securities Below are Quote on the auto sector from Ashwin Patil. Senior Research Analyst (Auto) at LKP Securities "Despite the fall, the stock does not look very attractive to us in the long term mainly due to pressure on its volumes and a tepid outlook given the rise in fuel costs, slow recovery in both urban and rural markets and a 25-30% hike in acquisition costs of the two-wheelers since the pandemic started. However, the knee jerk reaction shown today in the stock may see some recovery tomo...
Quote on Hero Moto stock tanks 8% By Ashwin Patil, LKP Securities
Quote on Hero Moto stock tanks 8% By Ashwin Patil, LKP Securities
Source: LKP Securities Ltd
29/03/2022 4:32:27 PM
View on Zee-Sony merger By Ashwin Patil, LKP Securities Below are Views on Zee-Sony merger By Ashwin Patil, Senior Research Analyst at LKP Securities * Total synergies of the merger will be 6-8% in the first full year of the combined entity, mainly driven by revenue synergies. Cost synergies shall follow suit. * Zee shares will be delisted for three weeks at the time of merger completion before the merged entity gets listed. * It will take 8 months for the final completion of the merger as it still needs regulatory ( CCI, S...
View on Zee-Sony merger By Ashwin Patil, LKP Securities
View on Zee-Sony merger By Ashwin Patil, LKP Securities
Source: LKP Securities Ltd
23/12/2021 11:47:29 AM
Quote on vehicles price hike By Ashwin Patil, LKP Securities Below is quote on vehicles price hike By Ashwin Patil, Senior Research Analyst at LKP Securities "In line with the continuous increase in input costs led by steel, aluminium etc, automakers are increasing prices of vehicles to maintain profitability. This move shall not impact demand significantly since customers are waiting for production to normalise given the fact that semiconductor chip availability has been haunting the sector. Once the chip issue gets sorted, buyers may ign...
Quote on vehicles price hike By Ashwin Patil, LKP Securities
Quote on vehicles price hike By Ashwin Patil, LKP Securities
Source: LKP Securities Ltd
2/12/2021 4:58:19 PM