Automobile sector related stocks trade higher on the BSE after Federation of Automobile Dealers Associations (FADA) has said that automobile retail sales in India saw double-digit growth in 2023-24 driven by record offtake of passenger vehicles, three- wheelers and tractors. The retail sales across segments rose by 10 per cent to 2,45,30,334 units last fiscal as compared with 2,22,41,361 units in 2022-23.
Eicher Motors is currently trading at Rs. 4205.95, up by 175.05 points or 4.34% from its previous closing of Rs. 4030.90 on the BSE.
Maruti Suzuki India is currently trading at Rs. 12868.50, up by 443.85 points or 3.57% from its previous closing of Rs. 12424.65 on the BSE.
TVS Motor Company is currently trading at Rs. 2138.00, up by 69.45 points or 3.36% from its previous closing of Rs. 2068.55 on the BSE.
