Post Tagged with: "Kotak"

Multiple headwinds in the near term for heavy truck sector

Announcing that there will be multiple headwinds in the near term for heavy truck sector, analysts at Kotak Institutional Equities, in their report on ‘Automobiles’, have claimed that the domestic truck industry is likely to grow in low single digit during FY2018-20. They attribute this to low road freight demand, improvement in truck fleet utilisation led by market share gains[Read More…]

by April 24, 2017 News