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Automobile stocks shine after Finance Minister puts spotlight on scrapping old vehicles

01 Feb 2023 Evaluate

Shares of companies related to Automobile soared after Finance Minister reaffirmed that replacing old polluting vehicles will be very necessary to further objective of green growth in the economy.

Eicher Motors is currently trading at Rs. 3330.00, up by 63.80 points or 1.95% from its previous closing of Rs. 3266.20 on the BSE. The scrip opened at Rs. 3220.05 and has touched a high and low of Rs. 3352.90 and Rs. 3220.05 respectively. So far 17896 shares were traded on the counter.

Maruti Suzuki India is currently trading at Rs. 8952.80, up by 61.50 points or 0.69% from its previous closing of Rs. 8891.30 on the BSE. The scrip opened at Rs. 8912.00 and has touched a high and low of Rs. 9027.65 and Rs. 8865.00 respectively. So far 8343 shares were traded on the counter.

Tata Motors is currently trading at Rs. 455.05, up by 2.90 points or 0.64% from its previous closing of Rs. 452.15 on the BSE. The scrip opened at Rs. 455.05 and has touched a high and low of Rs. 461.30 and Rs. 450.15 respectively. So far 1463800 shares were traded on the counter.


Peers
Company Name CMP
Bajaj Auto 10080.00
TVS Motor Company 3977.00
Hero MotoCorp 5035.35
Eicher Motors 7050.00
OLA Electric Mobilit 29.90
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