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37% Gain in 50 Days:&nbsp;The stock is up 14.76 per cent in one month and 37.25 per cent on a year-to-date basis, which reflects gains in about 50 days.

37% Gain in 50 Days: Auto stock can climb 21% more? Brokerage bullish with Rs 600 target

Stock to Buy:&nbsp;Subros is back on analysts’ radar as a potential outperformer after strong quarterly results and expectations of higher demand from Maruti’s upcoming e-Vitara. With a dominant market share in the auto AC segment, solid fundamentals and improving profitability, analysts see room for a fresh rally and have assigned a Rs 990 – Rs 1,030 target.

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According to the Society of Indian Automobile Manufacturers (SIAM), passenger vehicle wholesales in India saw a modest uptick of 1.3 per cent year-on-year, reaching 335,629 units in April. Additionally, two-wheeler wholesales surged by 31 per cent to 1,751,393 units, while three-wheeler wholesales saw a 14.5 per cent rise, totaling 49,116 units.

Tata Motors, Maruti Suzuki, TVS Motor witness mixed performances in April sales amidst Indian automotive market uptick; know their stock prices

Auto sector is expected to record robust sales in February 2023 which boosted the sentiment on the Dalal Street. Strong buying was seen in scrips such as Tata Motors, Mahindra and Mahindra, Bajaj Auto, and Maruti Suzuki

Tata Motors, Bajaj Auto, Maruti Suzuki among top gainers ahead of auto sector's Feb 2023 sales data

auto-stock

37% Gain in 50 Days: The stock is up 14.76 per cent in one month and 37.25 per cent on a year-to-date basis, which reflects gains in about 50 days.

Stock to Buy: Subros is back on analysts’ radar as a potential outperformer after strong quarterly results and expectations of higher demand from Maruti’s upcoming e-Vitara. With a dominant market share in the auto AC segment, solid fundamentals and improving profitability, analysts see room for a fresh rally and have assigned a Rs 990 – Rs 1,030 target.

Nifty Auto index gains 1 percent on Tuesday, led by Ola Electric, Bajaj Auto, Hero MotoCorp and others amid easing supply concerns and potential tax relief.

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37% Gain in 50 Days: Auto stock can climb 21% more? Brokerage bullish with Rs 600 target

This auto stock set for a sharp rally? Analysts bullish after Maruti e-Vitara launch — check target price

5:1 Bonus Issue: This auto stock to give free shares—Record date fixed

Auto Stock to Buy: Brokerages see up to Rs 550 upside per share—Any guesses?

Auto stocks rally: Tata Motors, Ola Electric, Bajaj Auto gain on GST cut hopes and China supply assurance

HAL & More! Top Brokerage Calls This Week

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