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This Article is From Mar 25, 2022

Auto OEM Monthly Preview - PVs, CVs On Recovery Path Amid Multiple Macro Headwinds: Dolat Capital

Auto OEM Monthly Preview - PVs, CVs On Recovery Path Amid Multiple Macro Headwinds: Dolat Capital

Auto OEM Monthly Preview - PVs, CVs On Recovery Path Amid Multiple Macro Headwinds: Dolat Capital
Cars in a parking lot. (Photographer: Bing Guan/Bloomberg)

BQ Blue's special research section collates quality and in-depth equity and economy research reports from across India's top brokerages, asset managers and research agencies. These reports offer BloombergQuint's subscribers an opportunity to expand their understanding of companies, sectors and the economy.

Dolat Capital Report

Although auto numbers started on a weak note in March 2022, enquiries improved across segments from second half post Holi. Our channel checks suggest numbers to improve gradually from April onwards due to opening of educational institutions and offices along with pick up in rural volume led by marriage season demand and cash flow in the hand of farmers post harvesting of Rabi crops.

Passenger vehicles volume witnessing gradual recovery due to better supply chain management by original equipment manufacturer (multiple vendor sourcing) amid shortage of chip supply.

Also Read | Layoffs Are Rising In Tech, But These Skills Are Helping People Unlock Better Pay

Supply chain issues are expected to continue due to the ongoing war in Europe disrupting supply chain further coupled with elevated metal prices

Click on the attachment to read the full report:

DISCLAIMER

This report is authored by an external party. BloombergQuint does not vouch for the accuracy of its contents nor is responsible for them in any way. The contents of this section do not constitute investment advice. For that you must always consult an expert based on your individual needs. The views expressed in the report are that of the author entity and do not represent the views of BloombergQuint.

Users have no license to copy, modify, or distribute the content without permission of the Original Owner.

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