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RAGHUNANDHAN NL
Auto in upcycle, stock rally likely to continueThe NSE Auto index has surged 17.5 per cent compared to a 4.5 per cent gain in the Nifty on the back of multiple factors.
This CV maker is about to pick up speed after a slow reboundShares of the company have added about 14 per cent over last 11 months, but have surged by a handsome 175 per cent from their March lows.
Motown Diaries: Sep wholesale volume likely to grow; retail auto sales to be sluggishNomura sees passenger vehicles volume to jump by 25 per cent, year-on-year led by Maruti Suzuki while two-wheeler sales may grow 7 per cent...
Expect Maruti to outperform boosted by aggressive launches: Raghunandhan NL, Quant Broking"Going ahead, we expect a strong double digit growth in the domestic passenger vehicle segment, led by aggressive launches."
Sustaining current level of margins extremely difficult for Tata Motors: Raghunandhan NL, Quant Broking"The EBITDA margin has certainly surprised on the positive side, and it is certainly better than anybody’s expectation on the street."
Tata Motors may see gap-up opening tomorrow as Q1 up 212%: ExpertsThe car maker beat forecasts as the first-quarter net profit more than tripled on strong sales of its luxury Jaguar and Land Rover vehicles.
Expect a low single digit growth for domestic two wheelers in FY15: Raghunandhan NL, Quant Broking"With reference to sales, it is broadly in line with estimates, be it our estimates or Street estimates. However, PAT is about 9% lower tha...