AUTO OEM'S TO REPORT VOLUME NUMBERS TODAY FOR THE MONTH OF AUGUST 2023
News: Auto OEM'S to report volume numbers today for the month of August 2023. We expect the volume prints to be healthy with most of the players reporting high single digit volume growth on YoY basis.
Views: M&M is likely to outperform in the PV space amidst ramp up of its new capacity while Eicher Motors is expected to outperform in the 2-W. In the CV domain we expect outperformance to at Ashok Leyland. Tractor space is expected to report muted prints amidst seasonality with August traditionally being one of the weakest for Tractor sales.
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