India Two Wheeler Sector
Apr 28, 2016 | 11:00 AM IST
Apr 28, 2016 | 11:00 AM IST
Cyclical recovery likely but prefer 4W to play the same. A good monsoon and a pickup in the pace of the economic recovery should augur well for auto volumes. In our view, it is much better to play this recovery through 4W rather than 2W. Not only is the cyclical correction deeper in 4W vs 2W (2% CAGR vs 7% CAGR in the past five years), 4W also have a much higher operating leverage once volumes bounce back....Read More>>
At Niveza India Pvt Ltd., we all come to work everyday to take the challenges of stock market head on and to change people's perception that stock market investment is like a gamble. Over the years, we have built our profile as a company which has brought optimum value to our subscribers through our well-researched stock recommendations.... More>>
Disclaimer: Niveza does not guarantee the accuracy or completeness of information on the site, nor does Niveza assume any liability for any loss that may result from reliance upon any such information or recommendations. Information and recommendations on the site are for general information only. Nothing contained herein is an offer to sell nor solicitation to buy any securities.