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This Article is From Sep 23, 2022

Auto OEM Monthly Preview - Growth Momentum Continues: Dolat Capital

Auto OEM Monthly Preview - Growth Momentum Continues: Dolat Capital
Car manufacturing assembly line. (Photo: Laurel and Michael/ Unsplash)

BQ Prime'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 BQ Prime's subscribers an opportunity to expand their understanding of companies, sectors and the economy.

Dolat Capital Report

Wholesale numbers are expected to be strong in September 2022 across segments (two-wheeler, commercial vehicles and passenger vehicles) led by channel stocking and strong demand for PVs and premium bikes.

Although enquiries are strong, retail sales in the month of September was little slower due to unprecedented excess rainfall, Shraddha period (from Sep 10 to Sep 25) and weaker Ganesha Chaturthi festive sales.

We expect recent fall in metal prices will provide a room for original equipment manufacturers to render discounts and persuade customers.

Cost pressures and supply chain issues are easing off gradually and footfalls and customer walk-ins are picking up. Dealers are anticipating strong festive season demand this year and are focused on inventory building to meet festive season demand.

Click on the attachment to read the full report:

DISCLAIMER

This report is authored by an external party. BQ Prime 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 BQ Prime.

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

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