Page 7 - Auto Stocks
Auto stocks down; Eicher Motors hits 52-week low
Eicher Motors hit a 52-week low of Rs 23,072.75, down 6.8 per cent in intraday trade.
 "Auto stocks down; Eicher Motors hits 52-week low")
Auto stocks: Rising cost of ownership to impact volumes and margins
While firms have increased prices, it will be difficult to pass on the entire cost burden as this might impact volumes in the festive season
 "Auto stocks: Rising cost of ownership to impact volumes and margins")
Analysts expect a bumpy ride for auto stocks
The pick-up in demand was, however, was not reflected at the bourses with the Nifty Auto index slipping 9.5% during this period
 "Analysts expect a bumpy ride for auto stocks")
Cess hike on large cars will not dent volumes, say analysts
Mahindra & Mahindra, which is the most exposed to the SUV segment, was the sole loser
 "Cess hike on large cars will not dent volumes, say analysts")
Auto stocks rally up to 16% in July; more steam left, say experts
Analysts believe the strong sales momentum could continue going ahead
 "Auto stocks rally up to 16% in July; more steam left, say experts")
Auto stocks in top gear; auto index up 6% in two weeks
Shares of auto and auto-related companies continued toremain in top gear for the 10th consecutive day, with both S&P BSE Auto andNifty Auto indices hitting their respective record highs on Monday. In the past 10 trading sessions, the S&P BSE Auto andNifty Auto indices have rallied 6% as against 2% rise in the benchmark indices,the S&P BSE Sensex and Nifty50. Among individual stocks, Maruti Suzuki India, Mahindra& Mahindra (M&M), Hero MotoCorp, Tata Motors, Eicher Motors, AshokLeyland and Bharat Forge from the auto index, have gained more than 6% duringthe period. While Hero MotoCorp, Apollo Tyres and Motherson SumiSystems hit new highs during intra-day trade on Monday, Maruti Suzuki India,TVS Motor Company and Eicher Motors, too, are close to their all-time highlevels. The rally in automobile stocks, analysts say, comes onthe back of expectations of a good monsoon, higher rural incomes and, agovernment thrust in agricultural and rural sectors that is likely to ...
 "Auto stocks in top gear; auto index up 6% in two weeks")
Auto stocks fall as SC bans sale of BS-III vehicles from April 1
The Nifty Auto index fell nearly 1% post the decision dragged by HeroMoto Corp & Ashok Leyland
 "Auto stocks fall as SC bans sale of BS-III vehicles from April 1")
LIC coffers swell by Rs 10,000 crore as automobile stocks zoom
Value of holding in five auto companies up 32% to Rs 42,000 crore since April
 "LIC coffers swell by Rs 10,000 crore as automobile stocks zoom")
