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As per data revealed by the (Society of Indian Automobile Manufacturers (SIAM) Uttar Pradesh tops the list of states with the highest number of vehicles sold across two-wheeler category between April and June of this year. The see-saw battle continues as Maharashtra is second top in the list of states. #twowheeler #sales #siam #dataanalysis #vahan #INDIA

Leaptrucks Commercial Vehicle (CV) sales by state in Q1 '23. a. South and West India show signs of strength followed by North. b. Sales in East also picking up. c. A few surprising trends including Assam overtaking West Bengal in sales. The Top 5: 1. #Maharashtra leads with 12% of CVs sold 2. #UttarPradesh is a close second at 10% 3. #TamilNadu is third at 9% 4. #Karnataka fourth at 8% 5. #Gujarat follows at fifth at 8% Source: Society of Indian Automobile Manufacturers (SIAM)

Bringing you this week's #AutomotiveNewsBulletin: Uttar Pradesh emerged as the leading state in total vehicle sales for October to December 2023, surpassing Maharashtra, Gujarat, and Tamil Nadu, according to data from the Society of Indian Automobile Manufacturers (SIAM). Uttar Pradesh recorded a total of 8,22,472 units sold across passenger and commercial vehicles, as well as two and three-wheelers. In the three-wheeler category, Uttar Pradesh led with 23,859 units, followed by Maharashtra, Gujarat, and Bihar. Additionally, Uttar Pradesh dominated two-wheeler sales with 6,73,962 units, followed by Maharashtra, Madhya Pradesh, and Tamil Nadu. While Maharashtra took the lead in passenger vehicle sales, Uttar Pradesh excelled in commercial vehicles, showcasing 31,055 units. The sales data highlights Uttar Pradesh's significant contribution to the automotive sector during this quarter. In Skill-Lync Auto Bulletin, we bring intriguing tidbits and exciting news from the global and Indian automotive industries right to your feed. Stay tuned to this space for more! #AutomotiveIndustry #IndustryInsights #Automotive #India #AutoBulletin #News #Update #SkillLync

Day 11 - All about Apollo Tyre ~ ⚫ Technical & Fundamental number : ↘ Clean breakout & closing above high of 3rd June. ↘ Stock can go above 600 but entry on retesting. ↘ Stock PE 18 against Industry PE of 27 - Undervalued ↘ ROCE 16.4% & ROE 13% - Fair numbers. ⚫ All about the company : Apollo, established in 1972, manufactures automatic bias and radial tyres, and tubes. It has plants in Kochi, Vadodara, Pune, and Chennai. The product profile includes prominent tyre brands in the T&B, light truck, passenger car, and farm vehicle segments in India, catering to both original equipment manufacturers, and the replacement market. Manufacturing Capabilities : The company owns and operates 5 manufacturing plants in India & 2 manufacturing plants in Europe in the countries of Netherlands and Hungary. Its combined capacity in Europe is 1 crore tyres p.a & 6.3 crore tyres p.a in India. Do let me know in comment section your view on Apollo Tyres Ltd #kscharts #stockmarketlearning11

A 𝟮𝟬𝟬𝟬 𝗖𝗥𝗢𝗥𝗘𝗦/𝗬𝗘𝗔𝗥 business at a measly valuation of 𝟮𝟬𝟬 𝗖𝗥𝗢𝗥𝗘𝗦 . Yes! You heard it right. This is the current state of COMPETENT AUTOMOBILES COMPANY LTD. which is a part of Delhi based Competent group. It is an authorised Maruti and Nexa dealer in Delhi, Haryana and Himachal Pradesh. > It's current market capitalization is Rs. 280 cr and it's TTM sales are Rs. 2074 cr. Which means at this valuation you will get a company which generates 2000 cr yearly for a measly valuation of 200 cr. > Company has 24 showrooms, 8 e-outlets and 15 workshops, and has received approvals to open showrooms in New Delhi, HP and Jammu and Kashmir. > Another important point to be taken under consideration is that it's trading below it's book value. > The company has also declared it's highest ever quarterly revenues at Rs 669.3 cr which is a staggering 42.05% increase QoQ. > In February'24, Maruti Suzuki has granted the company approval to set up a dealership in Srinagar, Union Territory of Jamnu and Kashmir. > In FY24 he company has purchased two properties in Haryana for Rs. 14.04 cr and Rs. 19.35 cr respectively. > In January'24 the company has opened 2 new workshops in Haryana. > All in all, from the recent developments it can be said that business has been booming and that the company has been keen on expansion and is also taking steps to fulfill that. It's measly valuation makes a re-rating candidate. I would personally quite like to see how this #growthstory plays out. If you found this post to be informative, please follow Aryansingh Jaswal for more such content. #nifty50 #undervaluedstocks #stockstowatch #potentialmultibagger

May the spirit of Maharashtra Day inspire us to work towards a brighter future, where every dream finds its wings and every heart finds its home. Happy Maharashtra Diwas! #maharashtra #rubberindustry #rubberproducts #automotive #automotiveindustry #automobile #automobileindustry #automobileengineering

Society of Indian Automobile Manufacturers (SIAM) has released a report on the share of states in the total sales of vehicles in the country. According to this report released for the third quarter of the current financial year, Gujarat ranks third in the country in vehicle sales. In the October-December 2023 quarter, more than 61.65 lakh vehicles, including cars and scooters, were sold in India. Out of which 4,23,416 vehicles were sold in Gujarat. Gujarat ranks third in the entire country with a share of 6.86%. According to the report, Uttar Pradesh ranks first and Maharashtra ranks second. #Gujarat #Automobile #VehicleSales #CarSales #CommercialVehicles #Sales

Ashok Leyland, a major commercial vehicle manufacturer, plans to establish an electric bus manufacturing unit in Uttar Pradesh. The memorandum of understanding (MoU) between Ashok Leyland and the state government was signed in the presence of Chief Minister Yogi Adityanath. The Key points of the agreement are: ✅ The unit is expected to be operational in Lucknow within 18 months, with the specific location yet to be finalized. ✅ The company has selected about 70 acres of land owned by Scooters India Limited (SIL) in Lucknow for the electric bus manufacturing unit. ✅ Initial investment in the first phase is estimated to be between ₹200 to ₹500 crore, with a total investment of ₹1,000 crore planned for later phases. ✅ The manufacturing capacity is projected to start with 2,500 buses annually and later increase to 5,000 buses. ✅ Ashok Leyland may also consider manufacturing batteries in the future. ✅ The Chief Minister has urged the company to commence production before Kumbh Mela-2025, as the state government plans to procure new electric vehicles for the event. This initiative would create additional employment opportunities for the youth, improve their skills and strengthen the overall economy of the region. #InvestInUP #AshokLeyland #ElectricBus #Development #UP

Did you know that the race for vehicle sales supremacy in India has taken an exhilarating turn? Uttar Pradesh has sped past Maharashtra in two-wheeler sales, establishing a dominant lead in the category. Meanwhile, Maharashtra continues to hold its position as India's number one car state. The dynamics of the vehicle market are clearly in flux! When it comes to three-wheeler sales, UP takes the lead again, followed by Maharashtra and Gujarat. However, in the commercial vehicle segment, Maharashtra powers ahead. It's fascinating to track the shifting terrain of vehicle sales, as it gives us critical insights into consumer preferences, regional growth, and economic trends. What do you think is driving these changes? And how do you see the landscape evolving in the future? Data Source: Society of Indian Automobile Manufacturers #VehicleSales #AutomotiveTrends #EconomicGrowth #MarketInsights

Jamna Auto Industries Ltd. Jamna Auto Industries Ltd JAMNA AUTO INDS Upside of almost 51 % ( 125 / 133 / 145 / 160 / 180 +) . Top clients are tata motors & Ashok leyland. Existing eight manufacturing plants as well as its new four plants (in construction phase) in India, are all located near its customers units. In comparison, its competitors have a limited presence in terms of geographical footprint as well as capacity, which is reflected by JAI’s dominant market position. This has helped it continue its position as India’s largest spring manufacturer, which has enabled it to maintain healthy operating margin sowing to a competitive cost structure through economies of scale despite the commoditised nature of leaf springs. For Investing Queries / Stocks analysis do join https://lnkd.in/g7jhPTZX #stocks #stockstowatch #stockstobuy #stocksinfocus #stocksinnews #stockstotrade #stocksandshares #nifty #nse #nseindia #investing #investmentopportunity #investmentadvice