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AUTO SECTOR BOOSTER
Defence, hospitals, and T&D are the pockets worth owning right now: Narendra SolankiNarendra Solanki of Anand Rathi Shares anticipates one difficult quarter for consumption. However, he strongly recommends defense, infrastr...- ET Prime Special Series: Multibagger or Bankrupt - Part 56: An acquisition, a divestment, and a JV for EV. Ready for re-rating?Bulls argue this company is becoming a complete mobility-platform supplier in India: Power solutions and aftermarket, braking and safety. B...
- Auto companies surge; govt steps likely to benefit Hero, Leyland the mostAnalysts said the levy of export duties on steel inputs and outputs as well as reduction of customs duty on inputs are a booster for the se...
- Government approves PLI scheme for auto and drone sector, offers incentive worth Rs 26,058 croreThe focus of the auto sector PLI scheme is likely to promote manufacture of electric vehicles and hydrogen fuel cell vehicles.
- Budget Insights: Top experts break down real impact of FM’s big movesHere is what experts have to say about the real impact of Nirmala Sitharaman's Budget announcement.
- Auto sector needs boosters like scrappage policy soon: JK Tyre & Industries Chairman Raghupati SinghaniaIndia's automotive industry needs a series of boosters including an early announcement of the vehicle scrappage policy to come out of the s...
- Consumer staples trading at premium valuations, auto promising in long term: Pawan ParakhFor a long-term view, the auto sector is extremely promising given that a lot of these stocks are trading at substantial discounts from the...
- Positive on Axis, ICICI and HDFC Bank ALL, Bajaj Auto and Tata MotorsIndices continue to move higher for the fourth consecutive month in a row.
- Valuation-wise auto stocks look compelling: Yogesh MehtaWe can see some 15-20% upside in Bharti Airtel over the next 12 to 15 months.
- Auto sales could rise 30% next year: Sandip SabharwalThe issue with the govt is that it seem to be unsure of what to do, says Sandip Sabharwal.
- Sitharaman isn't done yet. Govt to announce one more economic booster dose this weekRBI Governor Shaktikanta Das had said the government has taken a number of measures to boost the economy in three phases and indicated that...
- Auto stocks raring to rebound, but may not see good old daysBSE Auto index has eroded 23 per cent value since the end of 2018.
- Not lack of money, risk aversion kept investors away: Kunj BansalPending GST cut, whatever could be done by the finance minister, has been done for auto sector.
- Auto industry wanted GST cut and that was not feasible right now: Pawan GoenkaAnnouncements to improve sentiment at industry level but we have to see if customers return.
- Both dealer and customer finance costs are going to come down: RC Bhargava, MarutiFM’s quick responsiveness to industry issues bodes well for the future, says Maruti chairman.
- Industry, market leaders say kudos to FM for active steps to pump-prime economySitharaman withdraws enhanced surcharge levied on long and short-term capital gains.
- Sensex logs best day in 9 months on likely relief for FPIsThe BSE Midcap index advanced 0.42% and the BSE Smallcap index ended 0.74% higher.
- Maruti shares edge higher ahead of Q3 numbersBrokerages are expecting a subdued show from Maruti.
- Vote on account 2014: How excise duty cut will be a booster for auto stocks, sectorIn an effort to boost the slowing auto sector, FM announced a cut in excise duty for bikes, small cars, mid-segment cars and SUVs.
- India Inc cheers stimulus packageIndia Inc on Sunday cheered the mega stimulus package announced by the government, saying the duty cuts and other sectoral incentives would...
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