Results Update The domestic MHCV industry volume grew by 12% for FY 2017-18 to 340,313 nos (as per SIAM). Ashok Leyland volumes grew by 14% to 116,534 nos for FY 2017-18 in the domRead More
Jindal Steel & Power recently got its credit rating upgrade from major credit rating agencies Crisil, ICRA and Care. Crisil upgraded JSPL long-term rating to investment grade BRead More
Results Update There are two segments in which the company reports their business revenues – software development services (SDS) and system integration and support services (Read More
Dear Advisory Client, I am releasing the monthly letter to you a few days earlier than usual as i have been thinking on how best to advise you on your portfolios going into 2019 geRead More
The Reuters CRB Commodity index touched a three year high but is still more than 50% below peaks seen in 2008. The recent rally in crude oil and Aluminium is more due to supply conRead More
The overall Commercial Vehicles segment grew by 19.94 percent in April-March 2018 as compared to the same period last year. Medium & Heavy Commercial Vehicles (M&HCVs) grewRead More
Company Profile Ashok Leyland Limited manufactures and sells commercial vehicles and related components in India and internationally. The company offers city, sub-urban, inter-citRead More
Dear Advisory Client, It is not easy to watch the value of your investments fall when markets turn bearish. You suddenly wonder whether you have done the right investment and whethRead More
Results Update – Q4FY18 HMCL’s domestic Motorcycle market shares remain strong at 51.5% (+30bps YoY) in FY18 led by strong volume growth in HF Deluxe, Splendor Plus and GlamoRead More
March, historically, is not seen as a good month in the calendar with “Ides of March” on the 15th of March, being seen as the most ominous day in the Roman Calendar as Read More
The overall Commercial Vehicles segment grew by 19.30 percent in April-February 2018 as compared to the same period last year. Medium & Heavy Commercial Vehicles (M&HCVs) gRead More
The Sensex and the Nifty have witnessed high volatility in recent times with the benchmark indices falling sharply in the last few days. Your Strong Core Portfolios continue to remRead More
Dear Advisory Client, Market Correction The month of February has been an eventful month for the markets and your portfolio has seen the effects of many of the events. The month stRead More
Company Profile Incorporated in 1991, Multibase India is engaged in the business of manufacturing of high-technology thermoplastic elastomeric compounds and has diversified into thRead More
Company Profile Hero MotoCorp Limited manufactures and sells motorized two-wheelers, spare parts, and components in India. It offers motorcycles, scooters, and related engines and Read More
The PNB scam is seeing repercussions for PSU banks, with many of them coming under scrutiny for their internal processes and controls. PSU banks have already been heavily scrutinisRead More
The overall Commercial Vehicles segment grew by 17.88 percent in April-January 2018 as compared to the same period last year. Medium & Heavy Commercial Vehicles (M&HCVs) inRead More
The Indian auto-components industry can be broadly classified into the organized and unorganized sectors. The organized sector caters to the Original Equipment Manufacturers (OEMs)Read More
Results Update There are two segments in which the company reports their business revenues – software development services (SDS) and system integration and support services (Read More
Demonetization effect in the month of November 2016 continued to contribute to the low base for growth in the month of December 2017 as well. The sales of Commercial Vehicles have Read More