Auto Stocks Outlook for the week – 08 to 12.09.2014
( www.rupeedesk.in )
Stocks of automobile companies
are seen continuing to outperform the broader markets
as sales in certain key vehicle
segments have been growing at a steady clip, and there is a
positive sentiment about the
industry among investors.
As the automobile industry
recovers, investors are feeling more confident in investing in
these stocks. Passenger car sales
have been growing on year for the past four months.
Two wheeler sales are growing at
a fast rate, propelled by scooter sales.
Tractor sales have also been
growing and commercial vehicles, particularly light ones,
are staging a recovery, which is
attracting investors.
Manufacturers have realised that
new launches are attracting customers. Therefore, a
slew of new launches are expected
to keep sales volume high and customers interested, which would keep investors within
this industry.
