Maruti Suzuki India on Friday announced the launch of its online financing platform -- Smart Finance, for Maruti Suzuki ARENA customers across more than 30 cities.
In line with est. at 13.6k, up 2.3% YoY
Demand outpacing supply, resulting in lower-than-normal inventories
* Tractor dispatches grew ~2.3% YoY to 13.6k units (v/..
Below est.; RE sales decline ~7% YoY to 66.9k units
VECV volumes increased 11.9% to 4,200 units (v/s est. 3,954 units)
* Royal Enfield (RE) dispatches declined ~7..
Above est.; Volumes grew 34.6% YoY to 806.8k units
Highest-ever sales as it get readies for all important Diwali
* HMCL’s volumes grew 34.6% YoY to 806.8k u..
In-line; Volumes down 7% YoY to 90.9k due to supply issues
Tractors grew 2.5% YoY (in-line); UVs decline ~7% YoY (below est.)
* MM’s tractor volumes grew 2...
In-line; Highest ever volumes, with growth of 17% to 182.4k
Domestic sales grew ~20% YoY; Supply to Toyota steps-up to 6k
* MSIL’s Oct’20 who..
Play on hope of M&HCV demand rebound
Ashok Leyland’s (AL) operating performance in Q2FY21 was below consensus estimates as EBITDA margin came in at 2.8%. FCF..
CHENNAI/NEW DELHI/DETROIT - Indian automaker Mahindra & Mahindra Ltd has cut more than half of the workforce at its North American unit, two sources familiar wi..
Robust performance, firm growth prospects lie ahead
Balkrishna Industries (BIL) reported stellar Q2FY21 results. Standalone revenue was at | 1,579 crore (up 47% YoY), a..
Quarter falls short of expectations
Bosch’s (BOS) Q2FY21 operating performance was below consensus estimates as EBITDA margin came in at 11.6% (down 295bps YoY)..
India's industrial production activity decelerated by 1.9 per cent in November 2020 on a year-on-year (YoY) basis, according to data from the Ministry of Statistics a..
We had initiated coverage on Eicher Motors Ltd on July 30, 2020 at a market price of Rs. 2138 for a target price of Rs 2868, showcasing an upside of ~34%.
Eicher is cu..
Rupee falls 10 paise to 73.94 against US dollar in early trade
Rate decision, US stimulus likely constraints to rupee's further appreciation
NCLT approves sale of IL&FS education arm to LEHL
Hyundai Motor India adds new Board members
Vodafone Idea board to mull raising funds post AGR verdict
NCDEX Guar Seed future price has been trading sideways in the month - Choice Broking
MCX Gold futures witnessed decline during the January month - Choice Broking
The movement in USDINR spot is in tandem with other Asian peers By Rahul Gupta, Emkay Global
Views On Indigo Paints IPO By Mr. Keshav Lahoti, Angel Broking
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