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.
Prabhudas Lilladher Report
We are positive on Mahindra & Mahindra Ltd. due to -
1. better rural sentiments and stable tractor outlook providing margins and cash-flow cushion to compete in Utility Vehicle business,
2. renewed focus to gain back lost market share in UV business with new product launches,
3. dominating presence in light commercial vehicles to help ride commercial vehicle upcycle and
4. increased focus on capital allocation with exit of non-core business like GenZ, USPS (MANA) and Gipps Aerospace (aircraft manufacturing) in H1 Y21.
However, key factors such as increased competition in UVs led by new entrant and feedback on newly launched passenger UVs are to be watched out.
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 brokerage 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.
Essential Business Intelligence, Continuous LIVE TV, Sharp Market Insights, Practical Personal Finance Advice and Latest Stories — On NDTV Profit.
