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Source: Live Mint Shares of Hero MotoCorp, one of the world’s largest two-wheeler manufacturers, ended Tuesday’s session, March 18, higher, gaining 2% to ₹3,564 apiece, which came as a relief for investors after the stock finished the last four trading days in the red. However, despite today’s pullback, the Nifty auto stock trades at multi-month…
Source: Live Mint Shares of two-wheeler majors have been under severe pressure in recent months, underperforming the market and sliding to levels not seen in a long time. This has raised investor concerns about a potential rebound in these stocks, as some are now trading at discounts of up to 42% from their peaks. Bajaj…
Source: Live Mint Indian auto stocks have made a strong comeback in recent sessions, following a period of significant underperformance throughout August and early September. The recent rally has been largely driven by two-wheeler stocks, buoyed by expectations of improvement in sales during the ongoing festive season and good rainfall across India. Amid the recent…
