Research And Views Archives | Equitymaster

Helping You Build Wealth With Honest Research
Since 1996. Try Now

  • MyStocks

MEMBER'S LOGINX

     
Login Failure
   
     
   
     
 
 
 
(Please do not use this option on a public machine)
 
     
 
 
 
  Sign Up | Forgot Password?  

Archives... Don't Miss Anything, Ever!

Here you will find all the research and views that we post on Equitymaster. Use the tools to customize the results to suit your preference!


















Authors
 

AGC Networks Share price, NSE/BSE Forecast News and Quotes| Equitymaster

Oct 28, 2021 | Updated on Oct 28, 2021

AGC Networks: Get the latest AGC Networks Share price and stock price updates, live NSE/BSE share price, share market reports, financial report, balance sheet, price charts, financial forecast news and quotes only at Equitymaster.com.

Tata Motors Share price, NSE/BSE Forecast News and Quotes| Equitymaster

Oct 28, 2021 | Updated on Oct 28, 2021

Tata Motors: Get the latest Tata Motors Share price and stock price updates, live NSE/BSE share price, share market reports, financial report, balance sheet, price charts, financial forecast news and quotes only at Equitymaster.com.

STELCO STRIP Share price, NSE/BSE Forecast News and Quotes| Equitymaster

Dec 18, 2013 | Updated on Dec 18, 2013

STELCO STRIP: Get the latest STELCO STRIP Share price and stock price updates, live NSE/BSE share price, share market reports, financial report, balance sheet, price charts, financial forecast news and quotes only at Equitymaster.com.

Maruti Vs Suzuki Vs Nissan

Jan 7, 2004

After comparing the largest commercial vehicle manufacturer in India i.e. Telco with global majors like Scania and Navistar (Click here to read the article), it is time to compare the country's largest car manufacturer, Maruti Suzuki, with some behemoths. Instead of comparing with the likes of GM and Ford that are not equally comparable owing to a diversified business interest, we have compared Maruti with Suzuki (the parent company) and Nissan.

Telco: Topline grows 47% YoY

Oct 29, 2003

Tata Motors (Telco), formerly Tata Engineering, has posted a sharp rise in net profit for the second quarter ended September 2003. While net sales has risen by 47%, the rise in net profit is even higher at 252% YoY. Benefits of continuation in demand for commercial vehicle (CV) and new product launches in the passenger car segment have benefit Telco significantly.

Telco: 1QFY04 revenues up 43%

Jul 21, 2003

Tata Engineering (Telco) has posted yet another impressive quarterly result. Led by a sharp rise in commercial vehicle and passenger car sales, the company has posted a 43% rise in net sales and a significant growth in net profit for FY04.

Telco Vs Scania Vs Navistar

Jun 12, 2003

There is a marked difference between the Indian commercial vehicle (CV) and the global CV market in terms of competition. While the international market is fragmented in nature, there are only four CV manufacturers in India viz. Telco, Ashok Leyland, Volvo and Eicher. Tata Engineering (Telco) dominates the domestic CV segment with a 68% market share. But how does the company compare in terms of technology and cost efficiency with global peers?

Auto: Take your pick

Jun 7, 2003

Consider the graph below that represents the change in stock price of key automobile stocks on the bourses over the last one year (i.e. from 5th June 2002 to 6th June 2003). On the top of the charts are Mahindra & Mahindra (M&M) and Tata Engineering (Telco) with gains of 34% and 37% respectively. Just to put things in perspective, in the same period, the benchmark BSE Sensex has moved up by just 1%. On the other hand, Hero Honda has significantly under-performed the index (down 28% YoY).

Telco: All round performance

May 27, 2003

FY03 has been an eventful year for Tata Engineering. With the turnaround in the commercial vehicle (CV) sector in September 2001, the largest CV manufacturer in the country has also seen a revival of sorts. For FY03, the company has posted a net profit of Rs 3 bn as against a net loss of Rs 537 m last year.

Telco: Robust profit growth

Oct 30, 2002

Tata Engineering (Telco) has posted an impressive performance for the second quarter ended September 2002. Backed by a robust growth in commercial vehicle sales (CVs) and increase in market share in the passenger car segment, both revenues and operating profits have vaulted significantly in 2QFY03 as well in 1HFY03. Operating profits in 1HFY03 have more than doubled.

Telco: Advantage size

Sep 12, 2002

It has been an eventful first five months of the current fiscal year for commercial vehicle (CV) manufacturers. After remaining sluggish more almost three years, volume growth in recent months clearly suggests that the worst is behind them. But slower economic growth projections in FY03 could cap demand towards the second half of the current financial year.

Ashok Leyland: Moves into the profit zone

Jul 26, 2002

It has been a sharp reversal in trend for commercial vehicle majors like Ashok Leyland since 3QFY02. The No. 2 in the CV sector has posted a 11% rise in sales for 1QFY03. Similar to Tata Engineering (Telco), Leyland is also back in the black led by a notable improvement in operating margins.

Telco: Turnover spurts 23%

Jul 25, 2002

Tata Engineering (Telco), the commercial vehicles major, has posted a sharp rise in sales on the back of impressive rise in CV sales in the first quarter ended June 2002. The auto major is back in black, which was also aided by improvement in operating margins.

Auto: FY02 in perspective

Jun 19, 2002

FY02 was a turnaround year for the auto sector as a whole. A number of factors including slowdown in the economy, volatile monsoons, series of natural calamities and a change in regulatory regime had significantly affected growth prospects of the industry in the last three years. But it has to be said that the Indian auto companies have come of age. In this article, we have consolidated financial performance of key players like Telco, Ashok Leyland, Hero Honda, Bajaj Auto, TVS, M&M and Punjab Tr

Telco: FY02 net loss at Rs 537 m

Jun 5, 2002

Tata Engineering (Telco) has reported a stellar performance for FY02. The company's net loss, which stood at Rs 5 bn last year has come down to Rs 537 m in FY02. The sharp spurt in sales was led by the run-away success of 'Indica V2' as well as recovery in commercial vehicle (CV) sales. The results are above our expectations.

Telco: Round two

Jun 4, 2002

It was an eventful year for auto majors. Led by recovery in commercial vehicle sales and robust passenger car demand, turnover grew at a healthy rate in FY02. Tata Engineering (Telco) was one of them. With the company expected to announce its full year results tomorrow, we take a look at the company's first nine months performance and future growth prospects.

Passenger cars: Bright outlook

May 15, 2002

While most of the segments in the auto sector have been affected as a result of slowdown in the economy, the Indian passenger car and two-wheeler categories have been buzzing with activity in the last two years. The success of Hyundai, a smart comeback by Tata Engineering (Telco) and a rejuvenated Fiat have been fired the consumer's imagination. We take a look at the performance of the passenger car segment during the fiscal and the future growth prospects.

Telco: Concerns amidst positives

Apr 1, 2002

Tata Engineering (Telco), the commercial vehicle major has had a mixed year. After remaining depressed over the last two years, commercial vehicles (CV) sales gained momentum in FY02. But after rising for five consecutive months, CV sales declined notably in February 2002. This has come as a surprise to many. Nevertheless, Telco has managed to increase market share during the same period.

Telco: 3QFY02 net loss halves

Jan 22, 2002

Tata Engineering (Telco), the market leader in the commercial vehicle segment, has reported a good performance for the third quarter ended December 31, 2001. While sales have risen by 16%, a sharp expansion in margins has enabled the company to halve its net loss for 3QFY02. However, the performance is below expectations.

Ashok Leyland: Below par

Dec 5, 2001

One of the key reasons behind the rally in auto stocks is the sharp rise in passenger car volumes and revival in commercial vehicles demand towards the later half of 1HFY02. While Telco reported a rise in heavy and medium commercial vehicle demand (M/HCV), Ashok Leyland's (ALL) CV sales continues to remain sluggish.


Become A Smarter Investor
In Just 5 Minutes

Multibagger Stock Guide 2022
Get our special report Multibagger Stocks Guide (2022 Edition) Now!
We will never sell or rent your email id.
Please read our Terms

MARKET STATS