Considering the global automobile companies with market capitalisation above $5 billion, four Indian automakers including Tata Motors, Bajaj Auto, TVS Motor Company, and Hero MotoCorp figure in the top 10 ranking according to the Bloomberg data.
We identified 12 stocks that gained on all five days, delivering cumulative returns ranging from 10% to 30% during the period.
India’s largest private lender HDFC Bank has submitted the names of two candidates to the Reserve Bank of India for the position of managing director
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