Auto stocks add $33 billion in market cap in less than a month boosted by GST rate cut
BSE Ltd.’s measure of 20 auto firms has added about $33 billion in market value since Aug. 15 when Prime Minister Narendra Modi first announced the government’s plan to lower goods and services levies in the steepest tax reduction in a decade.
BSE Ltd.’s measure of 20 auto firms has added about $33 billion in market value since Aug. 15 when Prime Minister Narendra Modi first announced the government’s plan to lower goods and services levies in the steepest tax reduction in a decade.
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