Auto stocks in focus on buzz of further cut in fuel prices
Source: IRIS | 12 Nov, 2014, 02.15PM
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Auto stocks rallied on Wednesday on buzz of further cut in fuel prices. State run oil marketing firms reportedly plan to cut petrol rates for the seventh time since June 2014 and diesel for the third time since the fuel was decontrolled on 18 October in next revision due on 16 Nov. 2014 as Indian consumers gain from the sharp fall in global oil prices before polls in Jharkhand and Jammu & Kashmir. PSU OMCs review fuel prices on 1st and 16th of every month based on the average imported oil price in the previous fortnight. | Symbol | LTP | Chng | % Chng | | CNX AUTO | 8,293.30 | 120.5 | 1.47 | | ASHOKLEY | 53.35 | 3.65 | 7.34 | | BOSCHLTD | 16,170.00 | 613.4 | 3.94 | | APOLLOTYRE | 240.9 | 7.6 | 3.26 | | MOTHERSUMI | 430.2 | 13 | 3.12 | | AMARAJABAT | 720.95 | 17.35 | 2.47 | | BAJAJ-AUTO | 2,610.00 | 60.45 | 2.37 | | TATAMOTORS | 533 | 11.3 | 2.17 | | HEROMOTOCO | 2,969.00 | 45 | 1.54 | | MRF | 32,959.00 | 324.45 | 0.99 | | EICHERMOT | 13,116.70 | 123.05 | 0.95 | | MARUTI | 3,350.00 | 21 | 0.63 | | EXIDEIND | 164.7 | 0.95 | 0.58 |
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