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Shree Dhanraksha Securities

20th Feb 2025 · SEBI-Registered Analyst

Automobile Industry

The automobile sector reported a remarkable 59% year-on-year earnings growth in Q3 FY24. This surge is driven by increased demand and favorable economic conditions. Companies like

ASHOKLEY
have seen stock advancements, with a 2% rise following an increase in monthly sales in December. The sector's outlook remains positive, supported by consumer demand and potential policy incentives.

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