Auto Stocks Outlook For The Week - 24 To 28.12.2018
Stocks of major automakers are likely to fall next week after sector heavyweight Maruti Suzuki India Ltd cut its guidance for sales growth in 2018-19 (Apr-Mar). Ashok Leyland might see a small bounce-back though. Stocks of major auto companies are also seen taking cues from the broader
market. Market will remain closed on Tuesday for Christmas.
Source : Cogencis Information Services Ltd.
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Stocks of major automakers are likely to fall next week after sector heavyweight Maruti Suzuki India Ltd cut its guidance for sales growth in 2018-19 (Apr-Mar). Ashok Leyland might see a small bounce-back though. Stocks of major auto companies are also seen taking cues from the broader
market. Market will remain closed on Tuesday for Christmas.
Source : Cogencis Information Services Ltd.
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