Prabhudas Lilladhar
Fleet utilzation in June'20 increased to ~40-45% (v/s 25-30% in May'20). for the month of June largely led by i) pent up demand (~45%) ii) marriage season demand (~35%), iii) robust Rabi crop output and iv) increased preference for personal mobility to drive shift towards entry level products. Cancellation rates for the booking happened during April-May remained low (~15%). However, urban demand continued to remain subdued due to i) unstable...
Ventura released a report for Brokerage Research Reports on 19 Sep, 2025.
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