Thursday, August 25, 2022

Auto sector earnings upgraded as headwinds recede; what should you buy?

Auto sector earnings upgraded as headwinds recede; what should you buy? Semiconductor supplies have returned to normal and prices of key raw materials like metals are off 30-40 percent from their recent highs, relieving margin pressure on auto companies.

from Moneycontrol Market Outlook https://ift.tt/zM8Thtd

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Bajaj Auto shares fall 2% as firm, subsidiary fall prey to ransomware attack

Bajaj Auto shares dipped 2% following a ransomware attack on its systems and subsidiary, Bajaj Auto Technology Ltd, on June 23, 2026. The co...