MARKET EYE-Carmakers' stocks rise on price hike hopes

Fri Dec 7, 2012 11:15am IST

Related Topics

Stocks

   

* Shares in Maruti Suzuki India gains 3.4 percent on
media reports of price hike in January.
* Among other auto gainers, Tata Motors rises 2.1
percent while Mahindra and Mahindra gains 2.1 percent.
* Dealers say January may see a lot of auto manufactures going
for price hike after December inventory gets sold off.
* General Motors Co's Indian unit said on Thursday it
will increase car prices in the country by 1-3 percent from
January due to high input costs and currency fluctuation.
 

 (abhishek.vishnoi@thomsonreuters.com /;
abhishek.vishnoi.reuters.com@reuters.net)
FILED UNDER:
Comments (0)
This discussion is now closed. We welcome comments on our articles for a limited period after their publication.

  • Most Popular
  • Most Shared

Pricing Controls

REUTERS SHOWCASE

India-China Relations

India-China Relations

India says to defend China border after standoff ahead of Xi visit.  Full Article 

Importing Iron Ore

Importing Iron Ore

As mining curbs bite, India offers market to glut-hit iron ore.  Full Article 

Drug Approval

Drug Approval

Epirus, Ranbaxy win India approval for arthritis drug copy.  Full Article 

Rajan Speaks

Rajan Speaks

RBI chief Rajan says limiting reliance on foreign debt.  Full Article 

Debt & Equity Deal

Debt & Equity Deal

KKR to lend $175 million to GMR Infrastructure - source.  Full Article 

Preparing for IPO

Preparing for IPO

Alibaba boosts IPO as demand strengthens.  Full Article 

India-Vietnam Ties

India-Vietnam Ties

India tightens Vietnam defence, oil ties ahead of China Xi's visit.  Full Article 

Reuters India Mobile

Reuters India Mobile

Get the latest news on the go. Visit Reuters India on your mobile device.  Full Coverage