Categories
Auto

Large and Midcap Auto Stocks performance after corporate tax cut

One of the sector performed well after recent corporate tax cut was Auto sector. Because of various issues like BS6, Sales dump, electric vehicles etc auto sector was under-performing compared to other sectors for past many months. So after the tax cut news many auto stocks zoomed up to 15 to 20% and finally settled […]

Categories
Auto

India Auto Sales Overview : Sep 2019 : Cars, Two Wheeler, Commercial Vehicles

India’s car and scooter sales continue to slide despite heavy discount from manufactures to clear the inventory. Top car maker Maruti posted 24.81% dip in sales on yearly basis. Hyundai Motors reported 14.81% dip and Mahindra reported 33.06% drop in its Sep 2019 sales. Passenger Vehicle Sales Numbers Manufacturer Sep 2019 Sep 2018 % Change […]