Rudra Investment Stock Market Tips
The auto sector business-auto-auto-auto-auto-expo -2018 has improved the auto sector's outlook by increasing its new launches of vehicles and month-to-month sales. Demand for two-wheeler and commercial vehicles with passenger vehicles is improved. At the same time, companies have increased prices in the new year. Experts say that new launches will increase the sales of companies, which will help the company to increase margins. In this, stocks of auto and related companies have become more hopeful for better performance.
Demand settings positive
Rudra Investment Stock Market report of Borrower House Motilal Oswal, according to the report, the auto sector is getting the benefit of coming to new products, so that the sentiments remain positives. The financier Year 2018 is a two-wheeler and 4-wheeler industry growth. So far the Wheeler Industry has increased by 13.6%. Scooters and motorcycles both have a growth in the segment. Retail growth in the Overall Passenger Vehicle segment remains healthy. Commercial vehicles have mixed demand.
According to the breaking firm, in the current year, strong pick-up is being seen in rural demand. In India, the advantages of a competitive environment are also being given to the sector.
Estimates of profit growth in fourth quarter
Rudra Investment Stock Market Expert, says that sales of auto companies have been better in January. The best performance was seen in the Commercial Vehicle Segment. There are also two-wheeler and utility vehicles figures. Sales figures estimate that in the fourth quarter the companies can get a better effect on the income.
According to them, the monsoon has been better, in the coming time, demand in the rural areas will increase. In rural areas, the direct impact of demand can be seen in Two Wheeler Segment. At the same time, the government's focus in the budget is on increasing the income of rural India. Its auto companies will benefit. At the same time, Jagdish Thakkar, director of Fortune Fiscal, says that the wedding season has started. Two-wheeler and car demand for this season increases.
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