Automobiles Sector Outlook - To Fire On All Cylinders; Gearing Up For The Festive Demand: Motilal Oswal

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..Motilal Oswal Report.Our interactions with the leading channel partners indicate a sustained recovery in domestic two-wheeler demand as the retail is expected to grow 4-5% YoY. This will be fueled by 5-7%/3-5% YoY volume growth in urban/rural. In commercial vehicles, while fleet utilisation remained weak due to seasonality impact, medium and heavy commercial vehicle retail is expected to grow 4-6% YoY as freight demand is likely to improve post-monsoon owing to the upcoming festive season. Passenger vehicle retail is likely to jump 5-7% YoY propelled by execution of order backlog and moderating supply chain issues. However, inventory has inched up across geographies and remains on the higher side at 40-45 days in South India while remaining lower in western and central parts at 35-40 days each. Tractor volumes are expected to grow 3-5% YoY led by healthy reservoir level and favorable crop realisation. However, demand has remained muted in the southern markets..Click on the attachment to read the full report:.Cement Channel Checks - Aggressive Volume Push, A Headwind To Prices: Yes Securities.DISCLAIMERThis 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.

Automobiles Sector Outlook - To Fire On All Cylinders; Gearing Up For The Festive Demand: Motilal Oswal

Expect YoY retail growth across the segments.

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