Sunday, May 19, 2019
Fundamental Analysis of Automobile Sector
GROUP-15, FINANCE-II By analyzing the fabrication on various parameters with the help of implementing Fundamental and Technical tools we came to know that this industry has a dower of potential to grow in future. So recommending to invest in Automobile Industry have no doubt is going to be a good and smart weft because this industry is booming deal never before not only in India but all around the world.The returns which came out of this industry were very impressive recently, as if we take an example of TATA motors it gives approx 90% return in a completion of just 3 months while Maruti Suzuki shows always a buy and hold position because there is contingency of growth in future, same situation is in two wheeler segment with market leader Hero-Honda a debt free company also have bright future ahead. The numbers which came out in the end of financial year 2009 prove that even in the period of recession the overall gross revenue went up is sufficient to support to this fact.Thro ugh Technical analysis of TATA Motors and Maruti it can be recommended that for now Maruti region price shows that its a cadence to hold the position or buy more shares as there is scope in further rise in share prices until and unless any negative reception or sentiments comes in the Economy. Investing in Maruti Suzuki for long time could be a good option whereas in TATA motors there is a chance of getting correction, as it already went on high incline in a very short period of time so holding the shares for long time could be a wrong step, so at this point of time those who invested earlier can carry their profit or new
Subscribe to:
Post Comments (Atom)
No comments:
Post a Comment
Note: Only a member of this blog may post a comment.