A Comparative Study of Fundamental and Technical Analysis on Selected Automobile Companies In India
- Author Dr.S.Kamalasaravanan
- DOI
- Country : India
- Subject : Financial Management
Keywords : Fundamental analysis, Technical analysis, Automobile industry India, investment decisions, Risk and Return Analysis
Abstract
The Automotive industry in India is one of the largest in the world with an annual production of 23.96 million vehicles in FY (fiscal year) 2016–17. The Government of India aims to make automobile manufacturing the main driver of "Make in India" initiative, as it expects the passenger vehicles market to triple to 9.4 million units by 2026, as highlighted in the Auto Mission Plan (AMP) 2016-26. So, There is wide opportunities occurs in automobile industry in share market, this study is helpful to investors for safe invest money in selected shares.
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