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LCV MARKET FORECAST
Buy, Sell or Hold: Morgan Stanley remains overweight on M&M; retain underweight on Urban CompanyMorgan Stanley has released fresh insights on key Indian stocks, maintaining an 'Overweight' rating on Mahindra & Mahindra with an 18% upsi...- GST cut sparks unlikely hero in auto sector. Which stocks to buy before Diwali?The GST cut has boosted India’s auto sector, with tractors leading a 50% YoY surge and two-wheelers, PVs, and LCVs also gaining. Analysts s...
- Mahindra & Mahindra shares slip nearly 2% after Q1 results. Should you buy, sell or hold?Mahindra & Mahindra shares: The company reported revenue of Rs 45,436 crore for the quarter, marking a 23% increase compared to Rs 37,010 c...
- Ashok Leyland plans flurry of launches to boost light trucks market shareAshok Leyland, the Hinduja Group flagship, is set to introduce six new light commercial vehicles (LCVs) in the next year, aiming to boost i...
- Hot Stocks: Brokerages view on D-Mart, Federal Bank, M&M Finance and M&MMorgan Stanley maintained an overweight rating on D-Mart with a target price of Rs 4471. The Q3 operational metrics improve further, howeve...
- We expect domestic CV industry to see a sizable growth: Kinjal ShahWhen we are saying the domestic industry as of now we are forecasting only for the domestic demand. I mean, we are not talking about the ex...
- Commercial vehicle sales may reach previous peak by FY24: ReportThe ratings agency expects CV sales to grow at a rate of 14-19% over the coming few years. Apart from a better macroeconomic environment, t...
- Key to growth is opening up of the economy: Gopal Mahadevan"As far as FY22 growth is concerned, a lot is going to depend on the opening up of the lockdown."
- Excess truck fleet capacity to extend medium and heavy truck segment recovery cycle: India RatingsThe rating agency says while medium & heavy commercial vehicle (MHCV) sales are unlikely to recover before fourth quarter of next financial...
- Commercial vehicles may end up in slow lane, tooCrisis in the NBFCs that finance more than half of new truck sales has affected the sector.
- Maruti’s Q4 earnings: What slowed it down & where is it headed next yearMaruti Suzuki sold 428,863 cars in the domestic market, a growth of 0.4 per cent.
- Sales of scooters slip for first time in 13 years, PV segment sees slowest pace in 5 yearsJobs strain and growing pains in rural and semi-urban India have started to adversely affect the auto industry.
- Maruti aims for 10% increase in sales network in FY19The company, which currently has a network of around 2,625 dealerships across the country, is also aiming for a double digit growth in the ...
- Ashok Leyland to expand 'DOST' range of modelsThe heavy commercial vehicle maker recently rolled out two lakh units of light commercial vehicle 'Dost' produced from its Hosur plant.
- Ashok Leyland likely to see another 10% growth in coming year: Gopal MahadevanIt has been a good year for the Indian M&HCV industry.
- Buy Mahindra & Mahindra Ltd. target Rs 1525: SharekhanBuy Mahindra & Mahindra Ltd. at a price target of Rs 1525.
- Financing defaults in SCV front due to two and a half years of recession: Ravi Pisharody, Tata Motors"There are couple of things which are quite favourable from the point of 16-17 years."
- Tata Motors sees turnaround in CV marketTata Motors, the largest commercial vehicle (CV) maker in India, sees an imminent turnaround in the industry that has been passing through ...
- Sundaram Finance to deepen presence in FY14, logs 15% rise in netSundaram Finance will lay focus on penetrating market segments like financing light commercial vehicles and by deepening its presence in th...
- Auto stocks may have a difficult year ahead as sales show no signs of pickupThe downgrade is not a surprise since almost all automobile cos have been struggling, as sales have failed to pick up in the face of a slow...
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