AUTOMOTIVE MECHATRONICS
Weekly Top Picks: These stocks scored 10 on 10 on Stock Reports Plus
Stock Reports Plus, powered by Refinitiv, undertakes detailed company analysis for 4,000+ listed stocks. In addition to detailed company analysis, the report also collates analysts’ forecasts and trend analysis for each component. An average score in Stock Reports Plus is calculated by undertaking quantitative analysis of five key investment tools - earnings, fundamentals, relative valuation, risk and price momentum.
Stay bullish, just add some checks and balances : 4 midcap stocks with upside potential of up to 36%
In the last few trading sessions, the way market breadth has panned out in the mid-cap segment it is very clear that demand for midcap paper is still very high. If one looks at the reaction of the street to a positive surprise in Q4 results coming from a mid-cap company, it is very clear there is still lots of money which is ready to move into midcap stocks. While good results will bring some moderation in valuations, but on an overall basis, the valuations are still at the higher end. But as the liquidity support continues, there is no point in fighting it. The only thing that needs to be done, that while buy the stocks, be more selective and have a long term perspective. Don't panic if tomorrow due to what the US Fed does or anything happening in the Middle east, there is a correction. That will only happen, if one has done his or her homework before buying the stocks.
Expect 15-25% pay hike while shifting jobs at senior level, shows Michael Page report
The Michael Page's Salary Guide 2024 for India indicates significant demand for various roles across sectors, with senior-level job shifts offering substantial salary increases of 15-25%. Manufacturing, data, generative AI, and sustainability skills are particularly sought after.
Some are transforming better than others to stay relevant in the EV space: 6 auto ancillary stocks with upside potential of up to 31%
There has been a transformation going in the automobile sector and its supply chain, the auto ancillary industry. Now a number of the large auto companies have been re-rated in the last one year. But the re-rating of the auto ancillary unit has been slower, for a valid reason. These auto ancillary units are dependent on their main buyers. So, for an auto ancillary company which has been supplying to TVS, Tata motors the process of transformation started a long time back but for some other where the major buyer has not even launched a single EV model, transition has been slower. But the biggest factor which distinguishes a winner and laggard in the auto ancillary industry is how proactive the management has been. We take a look at 6 stocks from auto ancillary space. Where either they are a literal monopoly in their segment or they have been focussing on EV much earlier or have been sharp to react to changing market conditions.
Amid booming EV sales in India, a nagging issue: Who will service your car?
For now, the pressure on service centres is not much as the share of EVs on the road is low. As per Jato Dynamics data, in CY 2023, the share of electric four-wheelers was 1.7% and two-wheelers 5.03%. Meanwhile, over 50% of three-wheelers were electric.
For long term investor looking for midcaps: 4 stocks from different sectors with potential upside of up to 28%
In equity markets, whatever precaution one might take, the probability of a mistake of getting stuck with a wrong stock is always high. But then there are mistakes and silly mistakes, just try to avoid silly mistakes. How ? Stay away from stocks where there is a narrative that this sector will do well because of ABCD reasons or the company will get such and such orders worth this much. There is enough evidence in history to show that more than anything else, checks and balances are most important at a point of time when valuations are high and sentiment extremely bullish. How do one put checks and balances? Integrate both quantitative and qualitative criteria to assess stocks, aligning expectations with realistic market performances and avoiding impulsive shifts based on short-term fluctuations.
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Stock picks of the week: 5 stocks with consistent score improvement and upside potential of up to 47%
While the correction in the broader market indices nifty and sensex might make one look at the ones portfolio and think about decisions made in the recent days. However the fact is that if tomorrow there is rebound in nifty then all the rethinking will once again go on the back burner. So before investing in time when valuations are not on your side and the sentiment is of course pushing toward investing, first have a look at what is happening in the underlying business. These selected stocks depict a strong upward trajectory in their overall average score which is based on five key pillars i.e. earnings, fundamentals, relative valuation, risk and price momentum. This implies that there has been a significant improvement in their market outlook in the given time frame.
EV ecosystem is equally important if not more: 4 auto ancillary stocks with upside potential of up to 32%
It might surprise some, but years before a new car or motorcycle is launched, automakers go in huddle with their backend supplier to finalize the supply chain management of components which will go in that new car or the bike. Until the component supply chain is not planned and perfected, things are not taken forward. Such is the importance of the backend component supplier which are more commonly known as auto ancillary units. Now there is a major transition taking place in the Automobile sector with EV coming close to that inflection point. So a transition is bound to take place in the auto ancillary sector.
Put checks and balances: 5 midcap stocks from different sectors with potential upside of up to 34%
The movement of nifty and sensex needs to be delinked with what has happened in the last quarter and what might happen to mid-cap in the coming quarter. There is no way one can fight with liquidity, if it is going to mid caps and they are moving up irrespective of valuations or quality of stocks one cannot argue. But the only thing which as an investor one can do is to be careful when taking exposure to this segment of the market. Stay away from stocks where there is a narrative that this sector will do well because of XYZ reasons. At this point of time there is no dearth of tips floating in whatsapp group and telegram channels. But there is enough evidence in history to show that more than anything else, it is time to use checks and balances while making investment decisions.
For a volatile market: 5 largecap stocks from different sectors with upside potential of up to 34%
Volatility never gives notice before coming. While some might be feeling volatility has come in just the last two trading sessions, the fact is that markets have been volatile since the start of 2024. There is a high probability that we might see more of it in the coming weeks. So, it would be better to stay prepared for volatility. One of the ways for that would be to stay with large caps and especially the ones which have shown streak of outperformance at a time when other large caps have been under pressure. Another reason valuations are high in large part of the mid and small caps and they are the ones which might lose more weight if the markets stay under pressure due to profit booking.
Vehicles to soon drive around with 'shields' to fend off cyberattacks
The Ministry of Road Transport and Highways (MoRTH) has put forth a proposal for uniform Cyber Security and Management Systems (CSMS) provisions, specifically targeting certain categories of four-wheelers, encompassing both passenger and commercial vehicles. The objective is to fortify these vehicles against potential cyber threats that could compromise their functions.
In the new world of EV: 5 auto ancillary stocks with upside potential of up to 37%
In the last five years, many auto ancillary companies have been trying to stay relevant to the EV space. Some got into EV space through organic routes as their existing product lines were still relevant to an electric vehicle, a few went through an inorganic route. Over the next one to two years, there would be shakeout in the auto ancillary space. The ones which are relevant to EV space are likely to get premium; others will probably just survive. So, while looking at an auto ancillary unit it would be worthwhile to figure out abouts its probability of staying relevant in EV space rather than what is happening to its margins and other financial factors in the short term. We take a look at companies where analysts are projecting further upside in the next 12 months. The list is based on upside estimated by the analysts, with the highest potential stock coming on the top of the list
Changing for the new order of EV? 5 auto ancillary stocks with upside potential of up to 32%
While the whole focus of transition to EV space has been on auto companies. The fact is that any auto company cannot make transition till the time its own supply chain, which essentially are auto ancillary companies make that transition. While there are some auto ancillary that cannot make that change because their products are not required in an EV, there are others who had to make the modification to adjust it to what is likely to be the future. We take a look at companies where analysts are projecting further upside in the next 12 months. The list is based on upside estimated by the analysts, with the highest potential stock coming on the top of the list.
Entuple, Aditya Auto form JV to set up manufacturing units to supply electric traction hub, mid-drive motors
Entuple E-Mobility and Aditya Auto have partnered to establish manufacturing facilities in Bangalore to produce electric traction hubs and mid-drive motors. The joint venture will be funded through equity contributions, and the facility will have a manufacturing capacity of 2,70,000 units per annum of hub motors and 2,25,000 units per annum of mid-drive motors. Production is expected to begin next month for hub motors and in December for mid-drive motors.
EV adaptability to decide winner: 5 auto ancillary stocks with upside potential of up to 27%
Few weeks back an auto ancillary major announced the opening of two plants for Electric Vehicle space only. Probably this is just the beginning, more auto ancillary companies, some of which have been readjusting their business model toward EV space, would be announcing it sooner than later. We take a look at companies where analysts are projecting further upside in the next 12 months. The list is based on upside estimated by the analysts, with the highest potential stock coming on the top of the list.
Tata Motors to upskill 50 pc of employees with new-age auto tech in five years
Tata Motors plans to equip more than 50% of its workforce with new-age auto tech capabilities within five years. The company aims to develop skilled and future-ready staff focused on electric vehicles and other emerging technologies. Tata Motors has collaborated with various organizations to provide professional certification programs in connected, electric, shared, and safe (CESS) through its upskilling program. The company has also partnered with local universities to create bespoke courses and offers higher education opportunities to its employees. Tata Motors is committed to promoting diversity and inclusion in manufacturing.
Tech adoption carves a new hiring path in auto sector
The Indian electric vehicle (EV) market is expected to reach $113.99 billion by 2029, driving changes in the automotive industry and creating skill gaps. The Automotive Skills Development Council emphasizes the need for skilling and reskilling to keep up with technological transformations. While hiring in the auto industry remained flat in July 2023, there was a 38% increase in hiring for senior professionals with 16+ years of experience.
EV tailwinds? 5 auto ancillary stocks with upside potential of up to 37%
As the whole landscape for the auto sector changes, select auto ancillary stocks are coming back on the attention list. Last week an auto ancillary major announced the opening of two plants for Electric Vehicle space only. Probably this is just the beginning, more auto ancillary units would be announcing it sooner than later. We take a look at companies where analysts are projecting further upside in the next 12 months. The list is based on upside estimated by the analysts, with the highest potential stock coming on the top of the list
Auto companies to step up B-school, Engineering campus hiring this year
Auto companies are increasing campus hiring numbers in order to find young talent with knowledge of data analytics, electrification, industry 5.0 skills and operations management. Mercedes-Benz is looking to hire around 15-20% more candidates than last year and has already begun the process of hiring campus talent, while Maruti Suzuki is seeking to hire around 1,000 graduates across various functions.
These 4 midcap stocks that beat volatile markets have upside potential of up to 27%, according to analysts
While the nifty might have recovered, the broader market which went into a correction phase post Ukraine war continues to stay under pressure. A look at market breadth will show that the number of mid caps which have shed weight is far more than stocks which have gained weight. ET screener powered by Refinitiv’s Stock Report Plus applies different algorithms & filters to all BSE and NSE stocks, and lists stocks which fulfill the various criteria as specified into the algorithms & filters to find those which might help navigate the stock market.
Auto Inc keeps tech talent in demand as big tech companies continue with large-scale layoffs
With tech companies resorting to downsizing manpower the last few months, "in the last two quarters there is a significant improvement" in supply of tech talent, said Manu Saigal, director (general staffing) at staffing and recruitment services firm Adecco. This is a boon especially to the automobile industry that is witnessing disruptions on account of the advent of connected, electric and autonomous technologies, experts said.
Minda-Pricol deal puts focus on auto ancillary sector. 5 stocks from the pack that can rise up to 39%
Macro environment in which auto ancillaries companies operate have turned favourable after a long period of time. In the second half of 2018 it was the NBFC crisis which hit the growth of some segments of the automobile industry, which in turn led to slower demand for auto ancillary units. The lockdown during covid and finally there was a sharp spike in steel and other commodity prices. All this is behind now and Minda corp taking a stake in Pricol has brought the sector back to limelight. We take a look at companies where analysts are projecting further upside in the next 12 months. The list is based on upside estimated by the analysts, with the highest potential stock coming on the top of the list.
Auto component sectoral body welcomes govt's push on exports, manufacturing, local value addition
Sunjay J Kapur, President, ACMA, said, "The Budget is a blueprint of a digitally-enabled Aatmanirbhar Bharat, coupled with measures that will drive sustainable yet inclusive growth at a rapid pace. Focus on exports, manufacturing, local value addition and encouraging green energy and mobility are indeed steps in the right direction..."
6 mid & smallcaps with “Strong Buy” recommendations & upside potential of up to 38%
Mid and Small caps are the first ones to bear the brunt when the market corrects and that is what is happening in stock markets for the last few days. However, if one takes care in terms of looking at their debt levels and other financial parameters while picking the stocks, risks come down significantly. ET screener powered by Refinitiv’s Stock Report Plus lists down stocks with high upside potential over the next 12 months, having an average recommendation rating of “buy” or "strong buy".
These 6 midcap stocks with “Strong Buy” and “Buy” recommendations have potential upside of up to 26%
While NIFTY continues to remain in a volatile mode, there are select midcaps which are witnessing an improvement in their scores. A engineering company to an auto ancillary company to sanitary ware company are the ones which have seen their rating moving up. ET screener powered by Refinitiv’s Stock Report Plus applies different algorithms & filters to all BSE and NSE stocks, and lists down stocks which fulfill the various criteria as specified into the algorithms & filters.
DSEU courses: Last dates to apply for UG courses, diploma
The varsity authorities have also announced that the last date to apply for undergraduate programs in the institution is August 15.DSEU took to Twitter and wrote, "Last date to apply for Diploma programs and BA Digital Media and Design is 27th July 2022. Last date to apply for Undergraduate programs is 15th August 2022."
Toyota joins hands with ACMA to share best practices with auto component firms
Toyota Learning and Development India (TLDI) will share its best practices like people development and lean management principles with the industry members of ACMA. The training programs will be conducted either at the TKM manufacturing plant or at the premises of the ACMA member companies.
Brose eyes electrification business in India, may make motors and electronic parts locally
The company is considering plans to manufacture motors and electronics for electric two and three wheelers, apart from participating in the sensor-based connectivity technology for passenger vehicles. A door module expert, Brose has only a modest presence in India.
GB Pant Institute of Technology-Mercedes-Benz India sign MoU for one-year course
Mechatronics initiative will focus on training students on mechanical, electronics and informatics expertise and other modern automation technologies.
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