Commercial vehicle companies may report better earnings in second half of FY22
As many as 22 stocks in the Sensex pack traded in the green. With a rally of 3.22%, IndusInd Bank was among the top gainers in the index.
Among sectors seeing traction today, Bolinjkar believes energy stocks are in focus and Coal India in that theme will be an important stock to track
Sansera Engineering IPO: The company managed to reduce its net debt from Rs 563.76 crore in FY19 to Rs 484.60 crore in FY21.
Sales of motorcycles were 20% lower last month and was at 8,25,849 units, as compared to 10,32,476 units in August 2020
It goes against the avowed principle of self-reliance that production of cars would suffer since chips are not made in the country.
Brokerage houses see weakness across the board due to lockdowns and impact of the second wave on consumer sentiments
The automotive components sector will see revenue rebound 21 to 23% next fiscal as domestic and export demand revives after two straight contractions
The rating agency said it expects auto volumes to rebound at 16-20% year-on-year in 2021-22 after recording an estimated decline of 14-18% year-on-yea
Shashank Srivastava, Executive Director of Maruti Suzuki, told Money9 that the auto industry has huge expectations from the Budget, to be presented on