After the easing of lockdown in mid-May, auto companies were able to resume production in a phased manner, but the ramp-up was slow due to a broken supply chain, and lockdown-induced restrictions.
From Dabur to HUL, here are 10 stocks with significant rural exposure in the auto, agri-chemical and fast moving consumer goods sectors, which should see an uptick in sales growth.
Mahindra and Mahindra has posted a 52.21 per cent rise in sales of utility vehicles at 8,638 units in February compared to 5,675 units sold in the same month of 2003.
M&M continued its recent uptrend on Monday after notching up a solid jump in vehicle sales in March 2003.
Despite the car having a very low localisation level of around 50 per cent, as the engine and transmission is imported into the country, M&M says the reduction has been a result of rationalisation efforts undertaken by the company at its plant in Nashik.
To be able to tide over the current crisis, automobile manufacturers have waged a war against all cost heads.
To merge arms, sell stake in combined entity to CIE for Rs 770 cr; to use proceeds to buy 13.5% in Spanish firm for Rs 740 cr
'While most companies were bullish before the second wave of double-digit sales growth in FY22, that may not be the case now.'
Implementation of the Seventh Pay Commission recommendations, One Rank, One Pension are the other triggers going ahead, analysts say
M&M will assemble 5,000 completely knocked down kits of Scorpio and pick-up trucks in this plant per annum. This would eventually be scaled up to its full capacity of 10,000 units a year.
Well, these engineering students race them too.
Pawan Munjal, chairman and managing director of Hero MotoCorp, the country's biggest two-wheeler maker, leads the pack among automobile CEOs.
CEOs have complained that high interest rates have blocked their investment decisions. At the same time, customers are also deferring their purchases for new consumer durables, cars, and homes.
Buses that run on battery, trucks that purr on LNG, and more from the stables of Tata Motors, Mahindras and Ashok Leyland. The Auto Expo 2018 had these and more.
Investors engaged in profit booking in the recent gainers at attractive and higher valuations.
Since last month, the realty (down 23%), auto (down 16%) and finance (down 14%) indices have underperformed the market by falling over 13%, as against 8% decline in the benchmark indices
Promoted by conglomerate Mahindra & Mahindra, Autoinspekt, a cloud-based vehicle inspection platform, is fast emerging as a critical tool for used car buyers and sellers.
Riding on a stock market boom since 2009, India Inc's chief executives have been able to salvage a lot of lost pride in their second innings.
The Sensex closed the day at 27,490, higher by 479 points and the Nifty ended at 8331.95, up 150.45 points.
Among the stocks that have seen the largest cut by MFs, the DVR shares (shares with differential voting rights) of Tata Motors have seen a cut of 243 basis points (bps) in MFs' stake.
For non-banks, the IL&FS crisis was nothing short of India's Lehman moment, which has for a foreseeable future reset the sector on multiple grounds.
50-odd biz leaders are part of Modi's entourage for the 3-nation tour
Product launches to drive incremental volume growth for players such as Maruti Suzuki; medium and heavy commercial vehicle revival on track.
Ghosn's partnership with motorcycle and auto-rickshaw maker Bajaj Auto got most publicity.
The total dividend income for seven firms grows 25%.
Three M777 Ultra Light Howitzers, ten K9 Vajra tracked self propelled guns and field artillery tractors were inducted into the Indian Army.
Urban and rural FMCG sales growth data for the last five quarters show the latter outperformed the former consistently.
Stocks and sectors impacted most by GST.
Companies have also managed to find talent created by frequent exits.
Based on the evidence at hand, Modi's goal of scripting a broader, lasting upturn appears some way off, says Rajesh Kumar Singh.
Ajit Mishra, vice president, Research, Religare Broking, answers your queries.
Sensex plunges 322.39 points to over 1-month closing low of 27,797.01; Nifty tumbles 97.55 points to 8,340.70.
Financials emerged as the top gainers while auto shares rallied on robust September sales
Markets finished the session on a dismal note with Sensex closing at its lowest level since August 2014.
These companies had an accumulated loss of Rs 55,656 crore (Rs 556.56 billion) in 2012-13.
Markets recovered in late trades, amid firm European cues, led by rebound in financials and gains in IT shares.
The India Meteorological Department on Tuesday said the monsoon this year is expected to be 'above normal.'
The government will release the Index of Industrial Production for July 2015 on Friday, September 11, 2015.
