Company has tough time ahead with competitive intensity increasing in commercial vehicles market and high discounts being offered
Company will get a 10% mark-up on construction costs, as well as 5% of the project profits, as management fee
While it has underperformed its peers in March qtr, it expects realisations to improve due to price rises and steady volumes
Despite the muted March quarter show, most analysts continue to have a buy recommendation due to expected upsides from listing of the cold chain subsidiary
The company had overall sales volume of 5.63 lakh for the March quarter
Posts 16% y-o-y increase in consolidated revenue at Rs 7,043 cr for the quarter ended March
On a sequential basis, the company recorded a growth of 6.5%
IT services drove growth, cost control helped notch best margins in five quarters
While demand remains subdued, ongoing deleveraging measures coupled with operational gains are positives
Doing well in other markets and most segments, too; analysts expect a further upward re-rating of the scrip
Analysts are bullish due to steady tractor growth & attractive valuations; volume growth in compact UV space likely next year, after new launches
While rentals have been stable and firm thus far in March, they had moved up six - eight per cent in January and three - four per cent in February
US growth in FY15 will be driven by existing niche and recently launched low-competition products
Content costs rises about 25% year-on-year in first nine months of fiscal and accounted for 32.3% of revenues
With the recent Reliance Jio deal and likely roll-outs by operators set to support data growth, expect Bharti Infratel to improve operational performance
With domestic volumes seen improving on new launches & robust export growth, analysts are positive on the company
Fund managers say Suzuki has got nearly 40% of Maruti's operating profit as royalty; plan to move Sebi