ADVERTISEMENT

M&M’s South Korean Subsidiary SsangYong’s Resolution In Sight: Motilal Oswal 

M&M’s South Korean Subsidiary SsangYong’s Resolution In Sight: Motilal Oswal

A Ssangyong Motor Co. badge sits on the front grille of the company’s Tivoli crossover utility vehicle (Photographer: SeongJoon Cho/Bloomberg)
A Ssangyong Motor Co. badge sits on the front grille of the company’s Tivoli crossover utility vehicle (Photographer: SeongJoon Cho/Bloomberg)

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

Mahindra and Mahindra Ltd.’s management hosted a concall to update on Ssangyong Motor Co., its decision to not pursue the Ford joint venture further, and supply-side issues impacting the auto business.

The Ssangyong resolution seems near as there is a court deadline (of February 2021) to get a buyer or proceed with bankruptcy.

The decision to not go ahead with the Ford JV has been a surprise as there were credible synergies that were visible.

However, the management indicated that the increased investment requirement made this JV a less attractive proposition.

Both these decisions signal seriousness of its intent to correct capital allocation even within the auto business.

Click on the attachment to read the full report:

Motilal Oswal Mahindra & Mahindra Company Update.pdf

DISCLAIMER

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.

Users have no license to copy, modify, or distribute the content without permission of the Original Owner.