Auto Q2 Preview- Good qtr marked by margin gains: Religare
According to Religare, Q2FY16 is likely to be a good quarter for the RCML auto universe, with AL (+550% YoY), Eicher (consolidated; 67%+ YoY) and MSIL (+52% YoY) set to report the strongest earnings growth. The research firm remained positive on MSIL, Eicher and AL as volume growth continues to be strong for these companies.