Maruti Suzuki India reported an increase of 3 percent on Wednesday on an annual basis in the total turnover with 1.89,665 units in September. The Major car sold a total of 1,84.727 units in the same month last year. “The GST reform has considerably improved the sentiment of the customer, as reflected in the highest […]
Foreign investors can withdraw from Indian shares, but Kotak Mahindra AMC’s Nilesh Shah says that the priority for India Inc. Growth and administration must remain. In a message about microblog site X (formerly Twitter) on Friday, Shah asked a series of rhetorical questions about the shifting dynamics of the market. “Since FPIs are underweight, they […]
Diwali came early for 1.4 billion consumers when the GST -Council announced a large tax overseeing on Wednesday, leaving only two records behind and reduced the prices of more than 400 articles. Although essential products become cheaper under the reforms of the ‘next gene’, luxury cars have been placed in a ‘special plate’ that attracts […]
Car shares show fatigue, while consumer names such as Titan, Dixon and Havells look stronger in the charts. With the GST Council meeting around the corner, Anand James van Geojit shares why traders should stay careful with cars, but search for rebound options in consumer shares. Edited fragments from a chat: August series saw the […]