Article 1
Interesting read on CNG and Commercial Vehicle companies take on CNG. One can derive both positives and negatives from the above article. There is assumption that increases are in the offing in the second half of this fiscal year. “CNG prices may rise above petrol and diesel prices,” the report said.
Article 2
Where numbers of TATA Motors were shared. In CVs the details of CNG were not there however their Passenger vehicle CNG sales were at the highest to date.
However as per concall Everest Kanto was not a client of Tata Motors in PV( Q by Viraj Mahadevia pg 11 of 17). Now it’s upon the management how well the grasp the opportunity in PV segment when CV is down.
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Where after the decrease in CNG price Auto Sector is bullish again.
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