Automobile Sector
Description
This report is about the trends in stocks of automobile sector. Tata Motors, Bajaj Auto & Maruti Udyog are the three companies shown as representing the automobile sector in this report. These companies belong to two-wheeler, three-wheeler, four-wheeler & heavy vehicles segment and hence attempt is made to cover the automobile sector. The financials share holding pattern, historic prices & charts, bonus history, dividend history, right issue allotment along with high-low prices of these companies are shown in this report. The dividend history of these companies shows their growth in declaration of dividend. It also reveals their attitude towards share holders. These companies are able to declare high dividends due to their profit & reserves.
The expected rise in income levels, wide choice of models have resulted in rise in sales of these companies. The Indian auto component industry is likely to almost double to $18.7 billion by 2009 and reach about $40 billion by 2014. But on other hand the high interest rate is also a worry for vehicle finance. So these factors are going to be the deciding ones for automobile sector.
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