Auto shares fall as retail income drop eight.06% in February by admin- Thursday, March 14th, 2019 04:18:06 PM
Auto shares declines as the auto industry’s retail sales in February dropped 8.06 consistent with cent as susceptible patron call for maintains for the 6th instantly month.
Mahindra & Mahindra is currently trading at Rs. 680.70, down by using three.Eighty points or zero.56% from its preceding ultimate of Rs. 684.50 on the BSE. The scrip opened at Rs. 685.00 and has touched a excessive and low of Rs. 686.40 and Rs. 678.00 respectively. So a long way 43400 stocks had been traded on the counter.
Tata Motors is presently buying and selling at Rs. A hundred and eighty.Ninety, down with the aid of zero.70 points or 0.39% from its preceding ultimate of Rs. 181.60 on the BSE. The scrip opened at Rs. 181.00 and has touched a high and low of Rs. 182.30 and Rs. 177.65 respectively. So far 591853 shares were traded at the counter.
Maruti Suzuki India is presently buying and selling at Rs. 7075.00, down through eleven.05 factors or zero.Sixteen% from its previous closing of Rs. 7086.05 on the BSE. The scrip opened at Rs. 7100.00 and has touched a excessive and occasional of Rs. 7147.Ninety five and Rs. 7049.00 respectively. So some distance 15735 stocks have been traded at the counter.
The Federation of Automobile Dealers Associations (FADA) of India records indicates the total vehicle income in February was 1,452,078, in comparison to 1,579,349 units ultimate yr – a drop of 8.06 in step with cent yr-on-yr (YoY). The month-on-month (MoM) drop become 15.30 in step with cent, from 1,714,400 devices bought in January.