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Nomura Expects These Auto Firms To Benefit From PLI Scheme

Nomura Expects These Auto Firms To Benefit From PLI Scheme Dec 29 2020, 1:46 PM December 29 2020, 1:04 PM December 29 2020, 1:46 PM Nomura expects select auto and auto components makers to benefit from the government s Rs 1.46-lakh-crore ($20 billion) incentive programme to set up manufacturing in India.Bajaj Auto Ltd., TVS Motor Company Ltd. and Ashok Leyland Ltd. among original equipment makers and Balkrishna Industries Ltd., Bharat Forge Ltd., Sundaram Clayton Ltd., Wabco India Ltd. and Ramkrishna Forgings Ltd. in auto parts are potential beneficiaries of the . Nomura expects select auto and auto components makers to benefit from the government s Rs 1.46-lakh-crore ($20 billion) incentive programme to set up manufacturing in India.

Volumes jump at WABCO India Ltd counter

WABCO India Ltd saw volume of 11447 shares by 14:14 IST on NSE, a 7.07 fold spurt over two-week average daily volume of 1619 shares Wipro Ltd, Tata Elxsi Ltd, Ircon International Ltd, Mphasis Ltd are among the other stocks to see a surge in volumes on NSE today, 23 December 2020. WABCO India Ltd saw volume of 11447 shares by 14:14 IST on NSE, a 7.07 fold spurt over two-week average daily volume of 1619 shares. The stock increased 4.42% to Rs.5,758.75. Volumes stood at 1519 shares in the last session. Wipro Ltd recorded volume of 337.13 lakh shares by 14:14 IST on NSE, a 3.91 times surge over two-week average daily volume of 86.19 lakh shares. The stock gained 5.20% to Rs.383.15. Volumes stood at 81.86 lakh shares in the last session.

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