Page 2 - Auto Ancillaries

Auto ancillaries' revenue may grow 8%-10% in FY23 on stable demand: Icra

The revenues are expected to grow 8-10 per cent in 2022-23 on the back of a stable demand and likely easing of supply-chain concerns in the second half of the year, Icra said.

Analysts prefer auto ancillary stocks over OEMs as states push EV policies

Nomura believes that if new players' vehicles sell well, multiples of incumbent OEMs like Hero MotoCorp and Bajaj Auto may de-rate

Auto ancillary shares in focus; Rane Brake zooms 20%, Minda hits new high

Analysts observe ancillaries with high exposure to replacement channel tyre, battery players) have fared relatively better in Q1FY22

Bharat Forge surges 8%, hits 52-week high post March quarter results

The company's management said it expects robust demand to continue in major segment in the export business

CEAT, Pricol: Auto ancillary stocks look set to rally further, charts show

With a "Higher High, Higher low" formation, the stock of Pricol has gradually risen to higher levels recently.

Auto ancillary stocks rally; Amara Raja, MRF, Balkrishna Ind hit 52-wk high

MRF hit a fresh 52-week high of Rs 81,000, up 2.4 per cent on the BSE, thus gaining 26 per cent in the past month.

JK Tyre, CEAT: How to trade auto ancillary stocks post August sales nos

With the "higher high, higher low" formation on the daily chart, Amara Raja Batteries is gradually rising with the support of 50-day moving average (DMA).

6 auto ancillaries stocks hit new highs on strong Q2 results

ABC Bearings, Automobile Corporation of India, Bharat Gears, Bharat Seats, Minda Industries and Timken India - have hit their respective new highs