These Auto stocks will be in focus rally today
The country’s largest auto company Maruti Suzuki India reported 9.3% growth in total sales at 1,63,071 units in Sept.
Similarly, Hero MotoCorp, the largest 2-wheeler maker has reportedly sold over a million units in the festive season so far, while Bajaj Auto reported 14% increase in total sales at 4,28,752 units in Sept.
Eicher Motors: Royal Enfield, the two-wheeler division of Eicher Motors reported a 22% growth in sales at 70,431 units in Sept.
Further, the state-run Energy Efficiency Services Tata Motors has announced that it will procure 10,000 electric cars from Tata Motors, valued at around Rs 1,120 crore. The company reported a 25% increase in domestic sales at 53,965 units in Sept month.
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