According to Satish Gupta of astrostocktips, auto sector will continue getting astrological support and advises buying Maruti Suzuki India, Hero Motocorp, Eicher Motors , Force Motors, SML Isuzu, Tata Motors and Mahindra & Mahindra on every decline.
Speaking to CNBC-TV18 on a robust set of Q2 numbers, Surinder Kapur, chairman and mananging director, Sona Koyo Steering Systems, says the company has sold its investment in Europe for 7.75 million euros and that will help strengthen the auto component manufacturer‘s balance sheets.
Wipro and Dun & Bradstreet (D&B) report on automobile sector discusses major challenges of automobile sector.
PINC Research has come out with its earning estimates on automobiles sector for the quarter ended March 2011. According to the research firm, Sona Koyo Steering March quarter sales are expected to go up by 20.8% at Rs 291.8 crore, Year-on- Year, (YoY) basis.