Since its launch, Alto has found favour with its customers as an affordable car with good design, performance and high fuel efficiency. Nearly 25% of Alto sales contribution comes from young customers less 30 years of age. This contribution has grown by 4% in the past three years.
Sandeep Wagle of powermywealth.com is of the view that one can sell Titan Company and can buy Adani Enterprises.
Ashwani Gujral of ashwanigujral.com is of the view that one may buy Manappuram Finance, Gruh Finance and Yes Bank.
Sudarshan Sukhani of s2analytics.com is of the view that one may buy Voltas, Ceat and Adani Ports and can hold Maruti Suzuki while one may avoid Infosys.
Ashwani Gujral of ashwanigujral.com recommends buying Piramal Enterprises, Century Ply and Caplin Point.
Ashwani Gujral of ashwanigujral.com is of the view that one may buy Hindustan Unilever, Maruti Suzuki, Chambal Fertiliser and PTC India and can sell GMDC.
Ashwani Gujral of ashwanigujral.com suggests buying United Spirits, Gujarat Fluorochemicals and Maruti Suzuki.
According to the latest data from Society of Indian Automobile Manufacturers (SIAM), in the top 10 best passenger vehicles, Maruti's Alto retained the top position in May with 23,618 units, as against 19,874 units in May last year.
Rahul Shah of Motilal Oswal is of the view that one may go long in JSW Steel, HDFC and Maruti Suzuki.
The total category wise asset under management (AUM) of the mutual fund (MF) industry slipped by 1.2 percent or Rs 22,327 crore to Rs 19.03 lakh crore for the month of May 2017, but equity funds saw an increase of 2.7 percent in the same period.
Datsun refers to the Maruti Alto as ‘purana’ (old) and goes on to request buyers to forget the ‘bekar’ and buy the Datsun redi-Go instead.
Tata Motors could emerge as a dark horse with new launches as well as alliances, says Credit Suisse.
Prakash Gaba of prakashgaba.com is of the view that technically, the trend is still up and has not been compromised though it is stretched and so un-stretching is not ruled out. He feels that and the crucial support to watch still is 9580 and the resistance is at 9724.
Four of the 10 most valued Indian companies witnessed a combined erosion of Rs 36,771.7 crore from their market valuation last week, with ITC and TCS taking the biggest knock.
Here is the comprehensive round-up of the top developments of the week.
Mitessh Thakkar of miteshthacker.com is of the view that one may buy Dalmia Bharat and Maruti Suzuki.
CNBC-TV18's Anisha Jain lists out stocks that you should focus on.
Chandan Taparia of Motilal Oswal Securities suggests buying Dewan Housing Finance, Federal Bank and TVS Motor.
Ashwani Gujral of ashwanigujral.com recommends buying Maruti Suzuki, Colgate Palmolive, Bharat Forge, Muthoot Finance and DCB Bank.
Ashwani Gujral of ashwanigujral.com is of the view that one can get into tyre and small private banks.
The on-going marriage season, fear of rise in prices post implementation of GST and cheaper vehicle loans have pushed demand for new vehicles.
CNBC-TV18's Ekta Batra lists out stocks that you should focus on.
Maruti said its passenger car sales increased 8.7 percent year-on-year to 95,047 units in the month gone by.
Mitessh Thakkar of miteshthacker.com is of the view that one can buy Asian Paints and Hindalco Industries and sell Balrampur Chini.
Ramesh Singh, Executive Director of Dena Bank, said the bank envisioned a sustainable growth in auto loan segment with this tie-up and recent introduction of dealers pay out scheme.