Jaguar Land Rover Monthly sales January 2013

Jaguar and Land Rover (JLR) registered better-than-expected wholesale volume growth of 30.3% yoy (18.2% mom) to 38,173 units; against our expectations of 35,500 units. The growth was driven by strong performance across the Jaguar and Land Rover brands. Jaguar sales registered a robust 41.6% yoy (18.3% mom) growth led by the introduction of the model year 2013 models - XF Sportbrake, XF AWD and smaller engine variants of XF and XJ. Land Rover sales too grew at a robust rate of 28.2% yoy (18.2% mom) primarily driven by Evoque, Freelander and the new Range Rover. While, the Evoque and Freelander models continue to benefit from the availability of additional capacity (due to third shift at Halewood plant); the new Range Rover grew on the back of ramp-up in deliveries. We expect the volume performance to improve in 4QFY2013 led by ramp-up at the Halewood plant which would boost the production of Evoque and Freelander. Further dispatches of the new Range Rover, and AWD and smaller engine variants of XF and XJ will also aid volume growth going ahead. We retain our positive view on JLR and expect a ~15% volume CAGR over FY2012-14 driven by Evoque and new product launches (Range Rover, Range Rover Sport, Jaguar XF Sportbrake and AWD and smaller engine options in the XF and XJ models). Further, a favorable market and product-mix and stable commodity prices will help mitigate raw-material cost pressures. Source: Angel Broking

Comments

NDPMS Stock Advisory

It is entirely possible that NDPMS could have, from time to time, some trading or investment positions in the stocks being discussed on the blog. This blog is not intended for distribution to, or use by, any person or entity, any jurisdiction or country, where such distribution or use would be contrary to local law or regulation. Reproduction in whole or in part without written permission is prohibited.

12.1% Equity Return in 10 days !! Review it to believe it !!

This is a pseudo folio. The base folio amount was kept at Rs 1 lakh and was created on September 26, 2015. Most of the positions are still open hence please consider this post as an update on the folio.The folio heat was kept at 10% which in simpler words mean that of all position gets their stop losses hit, the folio will drop maximum by 10%. Risk reward ratio is kept at 3:1 which implies that target points are set at 3 times the risks per position taken. This post is subjected to promotion of NDPMS Stock Markets Training Program. Please read the disclaimer before forming any opinions about the post, stock markets or NDPMS Wealth Management. Disclaimer: The intention of this post is not at all to entice the blog viewers to take up NDPMS Advisory Service. The post is solely used to promote NDPMS Training Program. It is entirely possible that NDPMS could have, from time to time, some trading or investment positions in the stocks being discussed on the blog. This blog is not int...

Professional Trading - Business like no other !!

My primary love is professional trading. That's what I do, that's what I breathe. Trading gives me passive income, my money is busy making money for me. It is my passion, however that is not my occupation. My job is somewhat of a missionary set out to educate people about the art of investing and trading. My job as a coach is to find talented people and make sure they learn and follow the fundamentals of the art. This is the goal I have set for myself. This is why I wake up every morning. This is why I sleep every night. However on this journey I encounter many people who come into trading having accumulated either a lot of money or a lot of dreams. I have seen a lot of doctors, lawyers, engineers, techies, accountants, architects and the like. All those professions require a lot of training to master the skills involved. You simply cannot go to a realtor without any proper training or qualification and say "I'd like to design this structure for you today." ...

NDPMS Wealth Management

Search This Blog