Top Tweets for #AutoSSector
#Indian #AutosSector #Alpha to turn #NEGATIVE. Sector May bVd #ToppedOut … super data by @_ThirdSide_ in this THREAD
Nifty Auto is doing was Nifty IT was doing in April i.e. hanging on to the top as the fundamental floor falls apart.
Latest in Auto is the flop-show of Ganesh Chaturthi retails, particularly in 4-Wheelers. No festive uptick at all, in fact its running lower than last few months

#AutoSSector analysis by us
A 🧵to understand where do we stand in current auto cycle. Let us start with passenger vehicles.
Passenger Vehicles:
📌From 2006 as base, in terms of number of units sold, the segment did a peak long term CAGR of 8.9% in 2018 and topped out in 2018 with continuous 3 year

#India is drawing up an incentive scheme for the #AutosSector aimed at doubling exports of vehicles and components in the next five years
https://t.co/nHhbI7AR0M
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