Bosch’s (BOS) 2QFY21 performance was impacted due to adverse forex, product mix and non-recurring cost. We expect faster growth on account of strong tractor demand, addition of 2W segment and content increase.
Collection efficiency in September was strong (96% in individual business) and on expected lines although the performance of its moratorium book was a tad weak and may need to be monitored over the next few months.
Ebitda was lower than our estimates because of lower ASPs and higher other expenses. Even as the volume growth outlook is quite strong for 3QFY21, we believe it is more due to pent-up demand and the strength may not sustain p
Business tracking expected lines, reflected in price. Bajaj Finance’s performance seems to be broadly tracking its guidance with likely bottoming out of loan book, building adequate buffers for the year and control over exp
Dmart reported 12.3% yoy decline in 2QFY21 largely on account of slow recovery in footfalls, partial store shutdowns due to local lockdowns and sluggish sales in general merchandise and apparel category.
The past few years have seen the sector and the market leader making losses due to the twin impact of higher fuel prices and eagerness of airlines to increase their network coverage to explore new growth opportunities.