The Supreme Court in Delhi on registration of vehicles with 2000 cc diesel engine is stopped. It is only applicable to stop the current three months. The auto sector's Mahindra & Mahindra (M & M) and Tata Motors negative impact on the stock of both companies large SUV sells. M & M's stock has tumbled five per cent and Tata Motors.
What is the Supreme Court decision
The Supreme Court in its landmark judgment partial ban on the registration of diesel vehicles in Delhi decided. The Supreme Court in Delhi over 2000 cc engine capacity of diesel vehicles has decided to stop. The engine capacity of 2000 cc diesel in Delhi more vehicles registration will be withheld from 1 January. The engine capacity of 2000 cc diesel in Delhi more vehicles registration will continue till March 31. However, the Supreme Court ruled that the order will not affect the common man ....
Expert opinion
According to ABP, Bonanza Portfolio Puneet Kinro MSI's focus on gasoline vehicles and the NGT's decision will not have much impact. Maruti will also benefit from it because of its gasoline vehicles will boost sales. Like most in the auto sector, Tata Motors and Maruti Suzuki bets on. Ashok Leyland and M & M may also be invested ....
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