Automobiles & Auto Components
Automobiles & Auto Components
SECTOR | 12 Apr 2024
KRChoksey
For Q4FY24E, we expect our OEM coverage to report a revenue growth of 15.0% YoY (+10.2% QoQ), driven by a YoY volume uptick for PV, 2-wheeler and 3-wheeler segments and a YoY increase in average realizations across all the coverage companies.
Realization growth has continued for all segments due to price hikes and improvement in product mix.
Axis Direct released a Sector Update report for Automobiles & Auto Components on 05 May, 2025.
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