Auto Stocks Outlook For The Week: 26.02.2018 to 01.03.2018
Stocks of automobile companies are likely to rise next week as the expect automakers to post strong
performance in the sales figures for February. We believe that the stage is set for strong growth in automobile demand led by increase in government infrastructure spending and focus on rural economy, new launches, and benefits of seventh pay commission award. PSU refiners likely to
consolidate next week Automobile companies will detail their sales figures for February in the first week of March, starting Thursday. All vehicle segments are expected to post healthy performance, with commercial vehicle segment being the leader.
Source : Cogencis Information Services Ltd.
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Stocks of automobile companies are likely to rise next week as the expect automakers to post strong
performance in the sales figures for February. We believe that the stage is set for strong growth in automobile demand led by increase in government infrastructure spending and focus on rural economy, new launches, and benefits of seventh pay commission award. PSU refiners likely to
consolidate next week Automobile companies will detail their sales figures for February in the first week of March, starting Thursday. All vehicle segments are expected to post healthy performance, with commercial vehicle segment being the leader.
Source : Cogencis Information Services Ltd.
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