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.
Motilal Oswal Report
Eicher Motors Ltd.’s Q2 FY21 performance has been strong, especially considering it was trailing in terms of volume recovery due to supply-side issues.
Despite cost inflation (BS-VI and precious metals), gross margins per unit were stable YoY.
Strong booking and inquiries, positive initial response to Meteor, and normalized production would support volume recovery going forward.
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