CLSA says that if current conditions persist for the next two to three months, there could be earnings cuts of 30 to 40 per ...
With retail traction improving, the brokerage expects discounting in the passenger vehicle segment to gradually moderate going forward.
If the current geopolitical situation persists that results in supply chain disruptions and firm commodity prices, CLSA expects 30-40 per cent cuts to auto sector's FY27 earnings.
The domestic brokerage house has maintained a ‘Buy’ rating on Belrise Industries, raising its target price to Rs 225 from Rs ...
The brokerage said the key uncertainty is whether the impact remains limited to the near term or evolves into a broader earnings downgrade cycle. It noted that during the first Covid wave, auto OEM ...
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With NYers paying some of the highest car insurance rates in the country, Gov. Hochul is pushing a package of reforms she says would lower costs for drivers.
During the first Covid wave, over a 40-day period, Indian auto OEMs generally corrected in a range of 30-45 per cent, driven by fears of prolonged demand and production disruption, CLSA said.
If elevated oil prices persist, the brokerage warns of a potential 3040% earnings correction, in line with past periods of prolonged demand slowdown and cost pressures.
Vigyapan Mart is a pioneer in creating innovative outdoor advertising solutions. Among its standout offerings is the Backlit Auto Hood advertisement, which is reinventing how brands achieve hyperlocal ...
Vicksburg police chief warns residents of the recent cases.
The British auto market is moving faster than expected in the push toward zero-emission vehicles, with new data showing the ...