Auto Sector Check - Price Hikes, Supply-Chain Woes Hurt Outlook: CareEdge

BQ Prime’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 BQ Prime’s subscribers an opportunity to expand their understanding of companies, sectors and the economy..CareEdge Research Report.We expect that consumer sentiments might get dampened owing to price hikes by original equipment manufacturers and fuel inflation. The Reserve Bank of India’s decision to increase the repo rate by 40 basis points will lead to more expensive auto loans and thus hurt demand further. In addition, concerns regarding global supply chain constraints due to the lockdown in China and the Russia-Ukraine war also persist. However, automobile sales in this fiscal year are expected to be supported by a normal monsoon forecast, good water reservoirs levels, increased Kharif sowing, ongoing marriage season, new launches, and continued support by the government in the agriculture sector and infrastructure spending..Click on the attachment to read the full report:.DISCLAIMERThis report is authored by an external party. BQ Prime 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 BQ Prime..Users have no license to copy, modify, or distribute the content without permission of the Original Owner.

Auto Sector Check - Price Hikes, Supply-Chain Woes Hurt Outlook: CareEdge

Auto Sector Check - Price Hikes, Supply-Chain Woes Hurt Outlook: CareEdge

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