Eight out of 15 Nifty Auto constituents have touched new record highs this year. TVS Motor Company and Bajaj Auto have seen significant gains in their stock prices this year. Eicher Motors, Tube Investments, Balkrishna Industries, and MRF have also achieved new all-time highs.
Under Phase 2, the facade of the heritage buildings was to be refurbished with historical and architectural elements. This has been completed partially.
“What is unique about two-wheelers is the kind of double-digit growth we see. I can confidently say that we will be seeing a growth of somewhere between 20% and 25% in the two-wheeler segment. That can only happen when the entry-level has delivered the requisite numbers. So, that is the good part.”
Increase in demand for superior quality alloy wheels for vehicles and increase in production of vehicles drive the growth of the India aluminum alloy wheel market.Wilmington, Delaware, Nov. 15, 2023 (GLOBE NEWSWIRE) Allied Market Research published a report, titled, “India Aluminum Alloy Wheel Market by Application (Two Wheelers, Passenger Cars and Commercial Vehicles), by Material (Aluminum, Silicon and Others), by Distribution Channel (Original Equipment Manufacturers (OEMs) and Aftermarket
"As far as the economy is concerned, we know about the global geopolitical issues that are going on, however, the Indian economy continues to be resilient and is one of the fastest growing major economies in the world," Hero MotoCorp CEO Niranjan Gupta said in an analyst call.