Slowdown Effect: Out of 15 stocks on Nifty Auto index, 14 have fallen 14-40% this year
Updated : August 20, 2019 01:19 PM IST
According to the recent data released by Society for Indian Automobile Manufacturers, the sector slashed production by over 11 percent in July.
Commercial Vehicle production came down by 26 percent and Passenger Vehicle production came down by 16.5 percent.
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