ICICI Securities Ltd | Retail Equity Research Wabco India (WIL) reported strong Q2FY18 result that were above our estimates on all parameters. Revenues came in at | 610 crore (up 31.1% YoY). Revival in domestic M&HCV; demand and strong export order (from US & Europe) lifted overall revenues Revenue from the domestic business increased 28.4% YoY to | 403 crore and outperformed the M&HCV; industry (production up 11.3% YoY in Q2FY18) mainly by adding higher content per vehicle. The...