 "6 auto ancillaries stocks that hit new highs on strong Q2 results")
Shares of six auto ancillaries companies – ABC Bearings, Automobile Corporation of India, Bharat Gears, Bharat Seats, Minda Industries and Timken India – hit their respective new highs on Tuesday. These companies reported strong results for the quarter ended September 2017 (Q2FY18).
The aggregate net profit of these 6 companies increased by 65% to Rs 132 crore in Q2FY18 against Rs 80 crore in the same quarter last year.
Automobile Corporation of Goa locked in upper circuit of 20% at Rs 1,077 on the BSE with no sellers seen on the counter. The trading volumes on the counter
The aggregate net profit of these 6 companies increased by 65% to Rs 132 crore in Q2FY18 against Rs 80 crore in the same quarter last year.
Automobile Corporation of Goa locked in upper circuit of 20% at Rs 1,077 on the BSE with no sellers seen on the counter. The trading volumes on the counter
