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Auto stocks fell after passenger vehicle sales declined by 24% in September

11 Oct 2019 Evaluate

Auto industry stocks declined as Society of Indian Automobile Manufacturers’ (SIAM) latest data showed that the passenger vehicle sales slumped by 23.69% in September, the eleventh straight month of decline - amid one of the worst slowdowns seen in India's auto industry. The commercial vehicle sales was down by 62.11% in September.

Hero MotoCorp is currently trading at Rs. 2583.00, down by 18.95 points or 0.73% from its previous closing of Rs. 2601.95 on the BSE. The scrip opened at Rs. 2618.80 and has touched a high and low of Rs. 2634.00 and Rs. 2568.90 respectively. So far 9446 shares were traded on the counter.

Force Motors is currently trading at Rs. 1085.00, down by 8.35 points or 0.76% from its previous closing of Rs. 1093.35 on the BSE. The scrip opened at Rs. 1100.00 and has touched a high and low of Rs. 1100.00 and Rs. 1085.00 respectively. So far 1122 shares were traded on the counter.

TVS Motor Company is currently trading at Rs. 382.65, down by 2.15 points or 0.56% from its previous closing of Rs. 384.80 on the BSE. The scrip opened at Rs. 387.00 and has touched a high and low of Rs. 391.10 and Rs. 382.65 respectively. So far 21797 shares were traded on the counter.

Peers
Company Name CMP
Bajaj Auto 10364.40
TVS Motor Company 4085.00
Hero MotoCorp 5203.50
Eicher Motors 7245.00
OLA Electric Mobilit 35.20
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