WE INITIATED COVERAGE THREAD OF @sonacomstar WITH A LINK TO OUR RESEARCH ABOUT THE COMPANY IN OUR SUBSTACK

#SONACOMS #SONABLW #StockMarketindia @sunjaykapur @vivek_vikram

resglostocks.substack.com/p/sona-comstar
In the period of July to September, EV accounted for 7% of the total number of vehicles registered with the Delhi government's transport department, while CNG vehicles accounted for 6%, official figures showed

livemint.com/auto-news/regi…

#SONACOMS @sonacomstar #StockMarketindia
🇮🇳 Union transport minister Nitin Gadkari said that the cost of electric vehicles (EV) in India will drop to the level of petrol vehicles in the next two years

#SonaComstar
"The government has already framed a policy allowing petrol pumps to set up EV charging stations. In two years there will be a lot charging points across India as well,”

#SonaComstar
Tata Motors dominates EV sales in first half of this fiscal

autocarindia.com/car-news/tata-…

#SONACOMSTAR
EVs accounted for 0.45 percent of total PV sales

Nexon EV is best selling EV with 58 percent market share

MG ZS EV, Tata Tigor EV hold 29 percent, 13 percent market share respectively

EV sales for first half of FY2022 already surpassed total FY2021 sales
Nice interview with @sunjaykapur from #SonaComstar 

"two-wheeler space is much quicker to adopt to electric vehicles as opposed to passenger car, to passenger kind that passenger increasing slowly however"

Visit at #SonaComstar #sonacoms Manesar Plant

Interview with #SonaComstar Ceo Vivek Vikram

#SonaComstar rose 2.19% to Rs 775.15 after the company said that India Ratings and Research has upgraded its long-term issuer rating to 'IND AA' from 'IND AA-' with 'Stable' outlook

wap.business-standard.com/article/news-c…
🇮🇳When a company looks for so many workers... it only indicates growth.

#SonaComstar #Sonacoms

🇮🇳 @sunjaykapur #SonaComstar Roadmap And Demand Trends For 2022

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More from @ResGloStocks

3 Jan
🇨🇳China has the largest food reserves: Beijing accelerated food purchases during the pandemic, when the first signs of a disruption in food supplies and rapid rise in world prices appeared
As a result, China, which is home to 20% of the world's population, managed to accumulate more than half of the world's reserves of corn and other grain crops. This has accelerated the rise in the cost of food in the world, said Nikkei Asia.
China is maintaining its food stocks at "historically high levels," Qin Yuyun, head of the grain reserves division at the National Food and Strategic Reserves Administration, told reporters in November.
Read 5 tweets
2 Jan
🇪🇺EU drafts plan to label gas and nuclear investments as green

reuters.com/markets/commod…
European Commission drawing up green investment rules

Draft proposal labels nuclear, some gas plants as green

Countries disagree on the fuels' green credentials

EU advisors said gas not compatible with climate goals
Gas and nuclear power generation would be labelled green on the grounds that they are "transitional" activities - defined as those that are not fully sustainable, but which have emissions below industry average and do not lock in polluting assets.
Read 6 tweets
1 Jan
🇮🇳 Tata Motors Electric Passenger Vehicle sales increased 439% in December 2021 versus December 2020.

$TTM #TATAMOTORS Image
🇨🇳The total annual delivery volume of Xiaopeng Motors in 2021 will reach 98155 units, 3.6 times more than in 2020

In December 2021, Xiaopeng Motors delivered a total of 16,000 units, an increase of 181% year-on-year

$XPEV #ElectricVehicles Image
🇨🇳 $NIO delivered 91,429 vehicles in 2021, a year-on-year increase of 109.1%

#ElectricVehicles
Read 5 tweets
1 Aug 21
Excellent note from Ray Dalio about the recent interventions of the CCP
"To understand what’s going on you need to understand that China is a state capitalist system which means that the state runs capitalism to serve the interests of most people and...
...that policy makers won’t let the sensitivities of those in the capital markets and rich capitalists stand in the way of doing what they believe is best for the most people of the country."
Read 7 tweets
1 Aug 21
Union 1 of Minera Escondida rejects 18 million bond and starts strike

Minera Escondida workers block route 5.

99.5% of the workers approved the stoppage. Within their petition they demand to distribute profits from the mining company. Image
Workers from union 1 of Minera Escondida rejected the latest offer presented by mining company BHP Billiton and approved the strike. With 2,164 votes in favor and only 11 against, the option to go on strike was accepted this Saturday night.
"This overwhelming result demonstrates once again the high union awareness of our bases, which have been able to appreciate that this offer does not contain any progress in the legitimate demands of the workers," the union said in a statement.
Read 6 tweets
31 Jul 21
Portfolio @ResGloStocks - 31/7/2021 ImageImage
Nice 4.3% rise in July 2021. The rise was mainly due to the rise of China Nonferrous Mining after its positive profit alert.
Increased cash position from dividend collections from China Nonferrous, Shenzhen Expressway, Gazprom and NMTP.
Read 10 tweets

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