Auto Channel Check - Sustenance Of Post Lockdown Recovery Uncertain: Prabhudas Lilladher

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..Prabhudas Lilladher Report.Our interactions with leading channel partners indicate healthy pick up in enquiry level (up 13-15% YoY) for two-wheelers/passenger vehicles due to increased preference for personal mobility and pent up demand. Commercial vehicle demand sentiments remained intact as gradual improvement was visible in both fleet utilisation rate as well as loan recovery rate. This coupled with healthy demand from different segments (infra, agri and e-commerce) and aggressive commercial vehicle funding by financier’s should bring in more commercial vehicle demand by Q2 end. On the other hand, expectations of normal monsoon, higher rabi sowing (up 3-4%) and steady financing, should improve tractors demand momentum in Q2..Click on the attachment to read the full report:.DISCLAIMERThis report is authored by an external party. BloombergQuint does not vouch for the accuracy of its contents nor is responsible for them in any way. The contents of this section do not constitute investment advice. For that you must always consult an expert based on your individual needs. The views expressed in the report are that of the author entity and do not represent the views of BloombergQuint. .Users have no license to copy, modify, or distribute the content without permission of the Original Owner.

Auto Channel Check - Sustenance Of Post Lockdown Recovery Uncertain: Prabhudas Lilladher

Auto Channel Check - Sustenance Of Post Lockdown Recovery Uncertain: Prabhudas Lilladher

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