Commercial Vehicle Financiers - Cherry Picking The Quality: Prabhudas Lilladher
Trucks are parked-up at depot near the Delhi-Haryana border crossing. (Photographer: Anindito Mukherjee/Bloomberg)

Commercial Vehicle Financiers - Cherry Picking The Quality: 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 interaction with industry experts over commercial vehicle finance business scenario in light of second Covid-19 wave suggest:

  1. Not the state-wise movement curbs, but the labour/driver exodus (Maharashtra, Delhi) is creating fresh hurdles for transport operators.

  2. Second wave has engulfed functioning of e-commerce operations; Delhi market is witnessing operators withdrawal.

  3. Bus segment continues to remain under stress.

  4. Medium Heavy Duty Commercial Vehicles better placed than Small Commercial Vehicles; Government of India schemes aiding MHCV operators.

  5. Emergency Credit Line Guarantee Scheme borrower collections to be watched out for; clarity to emerge post September 2021.

Click on the attachment to read the full report:

Prabhudas Lilladher Financial Services Sector- Commercial Vehicles Update.pdf

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This 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.

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