Tata Motors shares decline over 3% after Q4 results. What are Motilal Oswal and Nuvama saying?Tata Motors (Commercial Vehicles) reported strong quarterly earnings with a sharp rise in net profit and revenue, but its stock fell by ove...
India's commercial vehicle volumes to hit 12.4 lakh units in FY27 surpassing previous peak: CrisilIndia's commercial vehicle sector is set for a record year in fiscal 2027, reaching 12.4 lakh units. Growth is expected to settle at 5-6 pe...
Nomura initiates coverage on Tata Motors CV, predicts 22% upside potential on CV cycle recoveryNomura initiates coverage on Tata Motors Commercial Vehicles (TMCV) with a 'Buy' rating and a Rs 481 target price, anticipating a 22% upsid...
Mixed growth signals, India’s FY25 GDP may slow to 6.7%: NomuraNomura is forecasting India's GDP growth to slow to 6.7% in FY25, below the RBI's 7.2% prediction. The report cited mixed growth signals, w...
Ashok Leyland sees high enquiry from fleet operators amid consolidationAshok Leyland reported a rise in fleet operator enquiries amid MHCV segment consolidation. The company now expects single-digit growth in M...
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...
What has put Ashok Leyland stock in fast laneCommentaries by several leading auto ancillary companies suggest that the MHCV industry volume will take another four to five years to rega...
Coronavirus could spell further trouble for commercial vehicle financiersThe new MHCV segment in the country is going through a challenging period due to reduction in investment activity, contraction in mining & ...
Ashok Leyland skids, but brokerages stay bullishThe roads sector has been a major contributor to MHCV demand.
Better CV sales growth prepares Ashok Leyland for a smooth rideAshok Leyland has a market share of 57.5 per cent in the 35.2 tonne and above vehicles.
Indian markets heading for good times: Nitasha Shankar, Yes SecuritiesOnly disappointing part had been the fact that MHCV sales have come down
Expect growth this year to be better than that of previous: Anant Goenka, Ceat"About 60% of our sales comes in from the replacement market. About 25% to 27% from the OEM segment and the balance 15% comes in from expor...
Ashok Leyland in top gear with volume growth, export focusAshok Leyland has maintained volume growth guidance of 20 per cent for FY16 since it expects replacement demand to continue.
Clutch maker Setco Automotive's bet on aftermarket business pays offThe component maker is the largest clutch supplier to MHCV makers, accounting for 100% requirement of automakers such as Tata Motors, Eiche...
Auto part suppliers unsure of MHCV segment recoveryAuto part suppliers said that they would wait until the end of this fiscal year to decide whether to consider the current trend as sustaina...
- Hot stock: Edelweiss sees over 30% upside in Wabco India
Edelweiss is of the view that the in the medium term, bottoming out of MHCV downturn and cut in policy interest rates by RBI will lead to m...
- Bearish on auto sector: Motilal Oswal Asset Management
The numbers are not very impressive. The medium and heavy commercial vehicles are clearly in a downtrend. The first quarter MHCV segment ha...