Auto Sector

Q4FY23 saw an aggregate Sales/EBITDA/PAT growth of 10%/3%/4% on a YoY basis, for a sample of 458 companies out of the BSE 500.

Company reported a 32.30% y-o-y increase in its domestic sales to 70,795 units.

Auto volumes in May 2023 were marked by a fair beat in 2Ws and PVs, while CVs remained low even after the pre-buy impact reversal in April.

Analysts of IIFL Capital Services outlook for Kharif is in general positive, as Kharif season would see limited impact of El Nino in coming months

Analysts of IIFL Capital Services top picks in the sector are Titan, Shoppers and Vedant Fashions.

Petrol and Diesel prices in cities across India on 02-06-2023

Here are some stocks that may show significant price movement today.

Company’s domestic sales of Small Commercial Vehicles (LCV<3.5T) stood at 19,053 units.

The company’s domestic wholesales stood at 19,379 units in May 2023.

The floor price for the two-day OFS is set at ₹225 per share.