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GB Auto: 2Q22 – GB Capital steady as a rock; auto segment falters against a heavy storm

Passenger cars and 2&3 wheelers continue to suffer while the remaining LoBs soar; GB Capital running on a green track
Seasonality slumps A&AR's bottom line; Capital’s charged by trickling down of a healthy top line and cost optimization
Possible CKD portfolio to save volumes from sinking; GB Capital has a bright future; Maintain Overweight

Marina William

Equity Research Analyst @ Al Ahly Pharos Securities Brokerage

17 August 2022

Published byAl Ahly Pharos Securities Brokerage

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GB Auto: 2Q22 – GB Capital steady as a rock; auto segment falters against a heavy storm

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