BQ Blue’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 BloombergQuint’s subscribers an opportunity to expand their understanding of companies, sectors and the economy.
Prabhudas Lilladher Report
Our channel checks indicate volume de-growth for two-wheelers and passenger vehicles. Though sales for both segments are expected to be weak, passenger vehicle sales are faring better than the two-wheeler segment on the back of huge order backlogs.
Demand remains strong for passenger vehicles, especially sports utility vehicles and luxury cars, but supply shortage is creating extended waiting periods.
In two-wheeler, premium bike sales are affected due to semiconductors. Two-wheeler retails are likely to remain low until rural sentiments improve – higher ownership costs, fuel costs and erratic monsoons have affected demand.
Commercial vehicle sales will continue to witness improving demand due to improving fleet utilisation, freight availability and easier financing.
Click on the attachment to read the full report:
DISCLAIMER
This report is authored by an external party. BloombergQuint 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 BloombergQuint.
Users have no license to copy, modify, or distribute the content without permission of the Original Owner.
