Tag: Auto stocks

D-Street Buzz: Auto stocks rise led by Hero Moto, Tata Motors; PNB, SBI add 2% each

Source: moneycontrol.com Nifty is trading higher by 84 points at 11,583 level while the Sensex jumped 289 points and is trading at 38,846 level in this afternoon session. Nifty Auto gained 1.5 percent led by Hero MotoCorp which jumped over 4 percent followed by Bharat Forge, Tata Motors, Mahindra & Mahindra, Maruti Suzuki and TVS Motor Company. Media

D-Street Buzz: Auto stocks rise led by Hero Moto, Tata Motors; PNB, SBI add 2% each

Source: moneycontrol.com Nifty is trading higher by 84 points at 11,583 level while the Sensex jumped 289 points and is trading at 38,846 level in this afternoon session. Nifty Auto gained 1.5 percent led by Hero MotoCorp which jumped over 4 percent followed by Bharat Forge, Tata Motors, Mahindra & Mahindra, Maruti Suzuki and TVS Motor Company. Media

Auto stocks on a bumpy road; these key worries to weigh for another year

Source: financialexpress.com Rising input costs, falling gross domestic product or GDP growth and weak demand are likely to weigh on the stocks of automobile companies in the current financial year, according to analysts. Moreover, the recent imposition of additional cess on petrol, diesel prices and increase in duties on auto parts can further trigger distress

Auto stocks skid; Maruti Suzuki, Hero MotoCorp, TVS Motor hit 52-week low

Source: business-standard.com Shares of automobile manufacturers, including auto ancillary companies, were reeling under pressure with the Nifty Auto index hitting 52-week low on Monday after no major direct measure to revive demand growth for the sector was announced in the Union Budget for the financial year 2019-20 (FY20). At 09:30 am, the counter was the biggest loser

Maruti Suzuki to Motherson Sumi, here are stocks that are top picks of experts in auto sector

Source: zeebiz.com The bitterness in auto sales continued even for the month of June this year. Right from passenger vehicles, commercial vehicles, tractors, to two-wheelers all saw either subdued or weak demand. This was also the performance indicator for first quarter of FY20 in the auto industry, which will have its own impact on financial