Eicher investors may need to focus on margins as volume accelerates
The volume growth can be attributed to several factors.
Ashutosh R Shyam
Unsure Motown shelves $3 billion capex plans
Maruti’s parent Suzuki Motor corporation has deferred its $550-million third plant in Gujarat while Honda Motorcycle and Scooter India has pushed back plans to commence production from its third manufacturing line in Gujarat. Suzuki Motorcycle India has also put off by a few years its proposal to set up a second plant.
New geographies lift Royal Enfield retail sales to record
The wholesales domestic volume of Royal Enfield fell 3.6 per cent to 67,538 units in October.
Escorts stock may continue to outperform its peers in H2
Tractor industry growth is expected to recover in the second half due to favourable monsoon and release of subsidy by some state governments to purchase tractors.
Japanese parent revises FY20 outlook: Suzuki Motor forecasts Maruti sales to fall 20%
Maruti’s 25% drop in volumes in the 1st half ended Sept has pulled Suzuki’s global sales down by 17%.
Sharp gains in JLR margins may bring investors back to Tata Motors
Co needs to maintain show for a few quarters to build a case for sustainable re-rating.
Refining edge, consumer biz success can keep RIL on top
Even as earnings beat estimates, upside for the stock will depend on its core vertical.
Mutual fund holdings in private banks hit a record
The weight of private banks in the portfolios of domestic mutual funds has gone up to a record high of 20.8 per cent in September, 2019, according to Motilal Oswal Securities. HDFC Bank & ICICI Bank dominate the pack for 14 of the 20 top MFs.
Cross-badging with Toyota hurts Maruti Baleno sales
Baleno’s monthly sales slip to 12,000 units a month after Toyota Glanza launch.
Sustained volume growth key for Concor bidder, investors
The Street expects incremental volumes will start reflecting in the financials from FY21.
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