You are here: Home » Companies » Financial X-Ray
Business Standard

CV makers or financiers, whom to bet on?

The BSE Auto index scaled a 52-week high last week

Hamsini Karthik  |  Mumbai 

Automobile companies have been the biggest gainers on the bourses this year. The BSE Auto index scaled a 52-week high last week, with Maruti Suzuki, Hero MotoCorp and TVS Motor gaining 24-50 per cent year-to-date. Mahindra & Mahindra (M&M) and Ashok Leyland have been top gainers with a 17-18 per cent increase in their stock prices since January despite the overhang of a change in emission norms and a tough March quarter. A part of stock price run-up for original equipment manufacturers (OEMs), or automakers, may also be credited to the hopes of a normal monsoon this year. Earnings and ...

TO READ THE FULL STORY, SUBSCRIBE NOW AT JUST Rs 149 A MONTH

Key stories on business-standard.com are available to premium subscribers only.

LOGIN

EMAIL / USER NAME
PASSWORD
REMEMBER ME Forgot password?

Not a member yet ? Resister Now

Connect using any below

  • Don't lose the opportunity of saving $26.77 per month
  • Don't lose the opportunity of saving $26.77 per month
Total Amount
Rs. 0.00
To proceed, kindly select a subscription package

WHAT YOU GET

On Business Standard Digital

  • Access your subscription from anywhere. Be it your computer, tablet or smartphone using a browser or the App, Your Choice.
  • Access to exclusive content, features, opinions and comment, hand-picked by our editors, just for you.
  • Pick your 5 favourite companies. Get all the news upates at the end of each day through E-Mail.
  • Pick the industry that you want to track. And get a daily news letter specific to that industry. Cut out the clutter.
  • And stay on top of your investments. Track stock prices in your portfolio
  • Access 18 years of archival data

On Digital

  • Seamless access to WSJ.com with your Business Standard digital account.
  • Experience the best of the Journal's reporting, video and interactive features.
  • Read about the people and events shaping business, finance, technology, politics, technology and culture.
  • Stay informed with newsletters - an easy way to get WSJ content straight to your inbox - making life easier on your busiest days.
  • More business executives read the Journal globally than any other publication.
*Note :
Our Partners are proud to be associated with this initiative and will contribute Rs 100 x 6 months thereafter, standard rate of Rs 149 will be charged.
Offer valid for Indian residents only
Requires you to share personal information like PAN, Date of Birth, and Income.
*Annual saving on WSJ subscription price of US$ 347.88 (12 months @ US$ 28.99 per month)
* 1US$ = 67.50 INR.
*Please note that this offer is not valid if you are/were a registered/existing user on WSJ Digital
RECOMMENDED FOR YOU

CV makers or financiers, whom to bet on?

The BSE Auto index scaled a 52-week high last week

Automobile companies have been the biggest gainers on the bourses this year. The BSE Auto index scaled a 52-week high last week, with Maruti Suzuki, Hero MotoCorp and TVS Motor gaining 24-50 per cent year-to-date. Mahindra & Mahindra (M&M) and Ashok Leyland have been top gainers with a 17-18 per cent increase in their stock prices since January despite the overhang of a change in emission norms and a tough March quarter.A part of stock price run-up for original equipment manufacturers (OEMs), or automakers, may also be credited to the hopes of a normal monsoon this year. Earnings and sales volume growth for OEMs may remain muted in the first half of FY18 for various reasons, including dealer-level adjustments for goods and services tax (GST), and the ability to implement a price hike. The Street is anticipating a 100-120 basis point pressure on the operating margins of OEMs. But, it is likely that margins may deteriorate even further as OEMs, including commercial vehicle ... Automobile companies have been the biggest gainers on the bourses this year. The BSE Auto index scaled a 52-week high last week, with Maruti Suzuki, Hero MotoCorp and TVS Motor gaining 24-50 per cent year-to-date. Mahindra & Mahindra (M&M) and Ashok Leyland have been top gainers with a 17-18 per cent increase in their stock prices since January despite the overhang of a change in emission norms and a tough March quarter. A part of stock price run-up for original equipment manufacturers (OEMs), or automakers, may also be credited to the hopes of a normal monsoon this year. Earnings and ... image
Business Standard
177 22

CV makers or financiers, whom to bet on?

The BSE Auto index scaled a 52-week high last week

Automobile companies have been the biggest gainers on the bourses this year. The BSE Auto index scaled a 52-week high last week, with Maruti Suzuki, Hero MotoCorp and TVS Motor gaining 24-50 per cent year-to-date. Mahindra & Mahindra (M&M) and Ashok Leyland have been top gainers with a 17-18 per cent increase in their stock prices since January despite the overhang of a change in emission norms and a tough March quarter. A part of stock price run-up for original equipment manufacturers (OEMs), or automakers, may also be credited to the hopes of a normal monsoon this year. Earnings and ...

image
Business Standard
177 22