31st August 2017
In the month of August 2017, the S&P BSE Sensex and CNX Nifty fell 2.4% and 1.6% respectively. Indian shares suffered their steepest monthly loss since November, weighed down by geopolitical tensions, weaker-than-expected earnings, and a surprise management reshuffles at technology heavyweight Infosys. An escalation in tensions following firing of a missile by North Korea over Japan had investors on knife-edge as both the Sensex and the Nifty took a sharp fall, in line 10100 10050 10000 9950 9900 9850 9800 9750 9700 Nifty-50 movement in August'17 BSE Sensex Kospi Straits Times Nikkie 225 DAX S&P 500 Dow Jones Jakarta FTSE Nasdaq Composite Hang Seng Shanghai Composite Bovespa -2.41% -1.64% -1.57% -1.40% -0.52% with a general weakness across the globe. Doklam standoff between India & China, and SEBI s order to ban trading in 331 shell companies also hit market sentiments. Meanwhile the indication from midterm Economic Survey of likely failure in meeting the upper end of FY18 economic growth forecast of 6.5-7.5% also played as an important factor. World markets ended the month of August 2017 on a mixed note. Brazil Bovespa was the top gainer gaining 7.5%. Chinese - Shanghai composite, Hong Kong Hang Seng, US - Nasdaq, UK - FTSE, Indonesia Jakarta Composite and US - Dow Jones were the other gainers gaining 2.7%, 2.4%, 1.3%, 0.8%, 0.4%,and 0.3% respectively. On the other hand, Singapore - Strait Times, Japan Nikkei and Germany DAX fell 1.6%, 1.4% and 0.5% respectively. On investment front, the FIIs sold Rs 12,631.74 Crore in equities during Aug 17. USD/INR strengthened from 64.2 to 63.935 during Aug 17 resulting in appreciation of INR by 0.41% against USD. % Change In Global Indices 0.05% 0.26% 0.40% 0.80% 1.27% 2.37% 2.68% -4% -2% 0% 2% 4% 6% 8% BSE HEALTHCARE BSE IT BSE CG BSE BANKEX BSE AUTO BSE POWER BSE REALTY BSE PSU BSE FMCG BSE METAL BSE OIL&GAS BSE CD -7.37% -3.58% -3.57% -3.33% 7.46% -3.17% % Change in Sectoral indices -2.67% -2.22% -0.48% 0.80% 6.91% 6.96% 7.49% -9% -7% -5% -3% -1% 1% 3% 5% 7% 9%
Auto Sales August 2017 Auto sales for Aug 17 were strong across segments given the inventory build-up for the festive season and well-spread monsoon. Passenger Vehicle volumes continued to rise on anticipation of strong festive demand ahead. Good monsoon along with rural demand aided healthy growth in 2 wheelers. MHCV sales saw rebound on the back of recovery in freight rate and pick up in infra segment. Maruti Suzuki India In the passenger vehicle segment, Maruti Suzuki India continued to lead in sales selling a total of 163,701 units in August 2017, growing 23.8% over the same period of last fiscal. In domestic sales, the volumes stood at 152,000 units with a growth of 26.7% with exports down by 4.7% at 11,701 units. Mahindra & Mahindra reported total PV sales of 42,116 units in August 2017 against 40,591 units in August 2016, up by 4%. The domestic sales were 7% higher on the contrary the export was at 29% low. Hyundai Motor India Ltd, posted domestic sales of 47,103 units for the month of August 2017 growing 9% over August 2016 and 9.5 % over July this year. The company attributes this growth to the successful launch of the next gen Verna. The Verna has received 7000 bookings within 10 days of its launch. Honda Cars India Ltd posted domestic sales of 17,365 units in August 2017 against 13,941 units in the corresponding month last year, up by 25%. Tata Motors total sales in August 2017 stood at 48,988 vehicles, up by 14% (43,105 vehicles).the company s domestic sales were at 45,906 units, higher by 26% (36,510 units) due to a rise in demand across segments and increased positive customer sentiment. Exports were at 3,082 units in August 2017, a decline of 53% compared to 6,595 vehicles sold in August 2016, due to continued drop in industry volumes in Sri Lanka and Nepal. Amongst the two wheeler segment, Hero MotoCorp has recorded has clocked its highest-ever sales in any single month during August 2017. Hero sold 678,797 units of two-wheelers in August 2017, growing 10% over the corresponding month last year when the company had sold 616,424 units. TVS Motor Company registered a total sales growth of 16% up from 274,303 units in August 2016 to 317,563 units in August 2017.The company s total exports grew by 33.7% to 45,604 units (34,097 units) in August 2017. Bajaj Auto posted domestic sales of 200,659 units, up 3%. The company recorded exports of 134,372 units in August 2017 which rose 7% while domestic sales of 200,659 units were flat compared to August 2016. Finally continuing its dream run, Royal Enfield sales in the month of August stood at 67,977 units, higher by 22% over same month last year. Exports during the month grew by 12% to 1,105 units compared with 986 units sold in overseas markets in corresponding month of previous year..
Total Figure BAJAJ AUTO LTD 335031 325347 2.98% 307727 8.87% TATA MOTORS LTD 48,988 43,105 13.65% 46,216 6.00% MARUTI SUZUKI (INDIA) LTD 163701 132,211 23.82% 165346-0.99% MAHINDRA & MAHINDRA 42116 40591 3.76% 41747 0.88% TVS MOTORS 317,563 274,303 15.77% 271,171 17.11% EICHER MOTORS 67977 55,721 22.00% 64459 5.46% ASHOK LEYLAND 13634 10,897 25.12% 11981 13.80% HERO MOTOCORP LIMITED 678,797 616,424 10.12% 623,269 8.91% ESCORT 4587 3,722 23.24% 5418-15.34% Export Figure BAJAJ AUTO LTD 134372 125033 7.47% 121230 10.84% TATA MOTORS LTD 3,082 6,595-53.27% 3,441-10.43% MARUTI SUZUKI (INDIA) LTD 11701 12280-4.71% 11345 3.14% MAHINDRA & MAHINDRA 2582 3647-29.20% 1985 30.08% TVS MOTORS 45604 34097 33.75% 50957-10.50% EICHER MOTORS 1,105 986 12.07% 1,302-15.13% ESCORT 189 55 243.64% 143 32.17% Total Domestic Sales (Excluding Export) Figure BAJAJ AUTO LTD 200659 200314 0.17% 186497 7.59% TATA MOTORS LTD 45906 36510 25.74% 42775 7.32% MARUTI SUZUKI (INDIA) LTD 152000 119931 26.74% 154001-1.30% MAHINDRA & MAHINDRA 39534 36944 7.01% 39762-0.57% TVS MOTORS 271959 240206 13.22% 220214 23.50% EICHER MOTORS 66872 54735 22.17% 63157 5.88% ESCORT 4,398 3,667 19.93% 5,275-16.63% TATA MOTORS GLOBAL WHOLESALES 94,210 86288 9.18% 98,534-4.39% GLOBAL WHOLESALES(JLR) 44,420 42260 5.11% 51,425-13.62% Global Wholesales (Jaguar) 10,978 13038-15.80% 14,452-24.04% Global Wholesales (Land Rover) 33,442 29222 14.44% 36,973-9.55%
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