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Passenger vehicle sales in India up 18 pc in February: SIAM

Domestic PV sales rise 18 per cent, two-wheeler sales up 10 per cent in February 2021: SIAM

Auto stocks analysis: Which valuation ratios can help identify the best auto stocks

The automobile sector is one of the largest sectors in terms of revenue and is considered the bellwether of both consumer demand and the overall health of the economy. The sector, by virtue of its deep connects with several key segments of the economy, occupies a prominent place in the country’s growth canvas. Rising income and greater availability of credit and financing options have been the key growth drivers for the sector. Before investing in automotive stocks, investors should understand how economic cycles affect auto companies and how these companies work to maximise profits and stay competitive through good and bad times. Investing in any stock requires careful analysis of financial data to find out a company s true worth. The analysis of a stock should be based on certain factors, including macroeconomic indicators, sectoral trend, government policy, competition, capital structure, operational efficiency, financial ratios etc. Besides, monthly sales data released by SIAM

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