Auto sector slowdown, stock picks from tech analysts; all this and more on Moneycontrol Pro

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Moneycontrol.com August 20, 2019 11:31:12 IST
Auto sector slowdown, stock picks from tech analysts; all this and more on Moneycontrol Pro
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Who’s at fault for the auto sector slowdown?

The automobile sector has become the poster boy of the current slowdown in the Indian economy. The Rs 4.8-lakh crore sector accounts for 7.5 percent of the country’s Gross Domestic Product (GDP) and half the GDP of the manufacturing sector. There have already been plant shutdowns by various auto and auto ancillary companies and large-scale layoffs of the temporary workforce. Analysts say the slowdown is the worst in almost twenty years. What led to this situation? What can the government do to revive the sector? Click here to read more.

Auto sector slowdown stock picks from tech analysts all this and more on Moneycontrol Pro

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Blue Star or Voltas: Which is a better bet?

Blue Star and Voltas, two of India’s largest players in the air conditioning and electro-mechanical projects space, reported a weak set of consolidated numbers in the June quarter gone by. In ACs, the ability to gain market share, a strong brand recall, wide geographic reach, and periodic product launches should augur well for both companies. However, the electromechanical projects segment, which makes up for 45-50 percent of revenues, is going through a rough patch. What should investors do? Click here to read our analyst’s take.

Picks from our technical analysts

GAIL India: This stock which was in sharp decline has seen a shallow bounce in recent times. Will it sustain? Click here to read how to trade the stock.

Hero MotoCorp: This stock has shown upside move and has neared its resistance level. Volatility too is high. Click here to read how to trade the stock.

Independence Day Offer: Pay Rs 289 for 3 months and get Moneycontrol Pro for 1 year.

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Passenger vehicle dispatches fell by over 40 percent in September due to semiconductor crunch
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Passenger vehicle dispatches fell by over 40 percent in September due to semiconductor crunch

While Hero MotoCorp’s dispatches were down 32 percent, Royal Enfield’s wholesales were down by a whopping 62 percent; revival in demand blunted by chip shortage.

Thirty months after launch, Moneycontrol Pro hits new milestone of 400,000 subscribers
India

Thirty months after launch, Moneycontrol Pro hits new milestone of 400,000 subscribers

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