Tue, Mar 05, 2024
Smallcap stock news: Recent 52-week highs have brought an auto parts maker's shares within Rs 21.5 or 4.5 per cent of an all-time high registered in November 2021. Many analysts are positive on the auto ancillary stock, with some anticipating an upside to the tune of 9.5 per cent over and above the all-time peak. The stock is part of the S&P BSE Smallcap index. Have it in your portfolio?
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Tue, Feb 13, 2024
According to Icra estimates, its sample of 45 auto ancillaries, with aggregate annual revenues of Rs 2.7 lakh crore in FY23, is likely to grow by 9-11 per cent in FY24, driven by healthy domestic demand despite a high base and moderate growth in exports.
Mon, Oct 11, 2021
Rating agency ICRA on Monday revised downwards by 300 basis points the growth forecast for the auto components industry for the ongoing fiscal year citing the impact of semiconductor shortage on domestic vehicle manufacturers as well as on exports revenues.
Fri, Jan 19, 2018
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