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Equity Research Report: Religare Investment Pick

Key Triggers Four-wheeler replacement market provides a big opportunity as 70% of ARBL’s auto segment revenue comes form it. Growth in telecom tower provides a sizeable business opportunity as it is expected to increase to 460,000 by 2015 from 350,000. UPS segment market share will benefit from recovery in government spend and acceleration in bank ATM additions.
16 Apr 2014 | 07:00 AM

Key Triggers

  •  Four-wheeler replacement market provides a big opportunity as 70% of ARBL’s auto segment revenue comes form it.
  •  Growth in telecom tower provides a sizeable business opportunity as it is expected to increase to 460,000 by 2015 from 350,000.
  •  UPS segment market share will benefit from recovery in government spend and acceleration in bank ATM additions.
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