Brokerage Research Reports
Brokerage Research Reports
TREND | 02 Sep 2020
ICICI Securities Limited
On PV side, MSIL's total volume rose a healthy 17.1% YoY to 1.24 lakh units. Its strong volume rebound was backed by 26.8% YoY rise in mini & compact portfolio, 13.5% growth in UVs. M&M;'s UV portfolio posted modest 2.8% YoY growth by comparison, with overall PV rise at 1.1% YoY to 13,651 units. CV segment's improvement from a low base continued, led by LCVs. LCV decline for Ashok Leyland was at 3.8% YoY while M&M;, MSIL posted healthy growth of 9%, 47.4% YoY, respectively. M&HCV; sub-segment continued to lag, albeit directional uptick carried over from the previous month. Ashok...
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