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Auto stocks clock significant gains in FY2021


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It is the dawn of a brand-new financial year for India. Automotive sales-wise, it has not been a particularly noteworthy fiscal for most players. From passenger vehicles to commercial operators, none of the segments are completely out of the woods. However, in terms of stock market performance, it’s been a rather smooth ride for the auto stocks this financial year. The BSE Auto Index closed trade on March 31, 2021 at 22,252.21, up over 107 percent from April 1, 2020.
Tata Motors stock value increased over 300 percent in FY2021
Maruti Suzuki stock fell 8 percent in the last quarter, but gained nearly 60 percent in the fiscal ....

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