The auto sector witnessed a healthy rebound in terms of demand, supply chains, and operational costs after overcoming its numerous macro as well as sector-specific challenges. Read here: Q2 earnings review: Topline growth slows further, margins improve 2W in focus as MHCVs remain stable Positive on 2Ws and cautious on PVs: The brokerage noted that India is already witnessing a …
Among automakers, Bajaj Auto Ltd will be the first to announce the September quarter results on Friday. View Full Image Roas to recovery Why you aren’t getting 5G on your phone A taboo is now on the table for India Inc How this Mumbai couple got into goal-linked investments Substantial margin improvement because of lower commodity costs is likely to …
The Nifty Auto index was the biggest loser among sectoral indices on Wednesday, falling by almost 3%, on a day when the Nifty50 index fell by 1%. “Our Commodity Cost Index has started inching up and is 50-100 basis points higher for PVs and 150-200 bps higher for 2Ws currently versus the Q3FY22 levels," said analysts from Nomura Financial Advisory …
