Nifty Auto rallies 5% in 3 sessions, Eicher Motors leads the charge
1 week, 2 days ago

Nifty Auto rallies 5% in 3 sessions, Eicher Motors leads the charge

Live Mint  

While the Indian benchmark indices moved back and forth during the first week of the current year, auto stocks have managed to beat the volatility, as investors were impressed by the December wholesale numbers, which came in above Street estimates. It was the passenger vehicle stocks that drew significant interest from Dalal Street investors, as major carmakers posted double-digit sales growth, led by a positive response to recent UV launches and CNG vehicles, with Maruti Suzuki leading the way. Over the last three trading sessions, the Nifty Auto Index surged 5.12%, with Eicher Motors leading the charge, rising 10%. In its recent report, domestic brokerage firm JM Financial stated that 2W wholesale performance remained steady, led by strong double-digit growth in export volumes. Although the December numbers exceeded street estimates, the PV industry posted moderate growth in CY24, and carmakers expect to reach a sales volume of 4.3 million units in Q3 FY25, with strong growth in the SUV segment and sustained demand for emission-friendly powertrains.

India Maruti Suzuki Strong Eicher Motors Sales Growth Tata Motors Segment Motors Inventory Correction  nifty  motors  2w  eicher  charge  sales  growth  segment  leads  street  sessions  volumes  yoy  auto  strong  rallies  launches

History of this topic

Maruti Suzuki: 3 key reasons why IIFL expects more than 15% upside for the stock that remains its top pick for 2025
1 hour, 57 minutes ago

Maruti Suzuki: 3 key reasons why IIFL expects more than 15% upside for the stock that remains its top pick for 2025

Live Mint  

Stock Market Today: Maruti Suzuki India Ltd share price gained up to 4% during intraday traded on Wednesday. Maruti Suzuki share price that opened at ₹11856.00 on the BSE on Wednesday, slightly higher than the previous close of ₹11742.50. The Maruti Suzuki share price gained further to highs of ₹12194.50, marking gains of almost 4% Maruti Suzuki remains the Top …

Stocks to buy or sell: Sagar Doshi of Nuvama suggests ONGC, Maruti Suzuki, Bajaj Finance today - 15 January
5 hours, 48 minutes ago

Stocks to buy or sell: Sagar Doshi of Nuvama suggests ONGC, Maruti Suzuki, Bajaj Finance today - 15 January

Live Mint  

Stock Market today: The domestic benchmark indices, Nifty 50 and Sensex, maintained their upward trend on Wednesday, with both indices starting with slight increases. Nifty 50 Outlook by Sagar Doshi, Senior Vice President- Research, Nuvama Professional Clients Group Nifty 50 Nifty 50 attempted to recover from the selling pressure it had been witnessing over the past couple of trading sessions, …

Auto Sector Q3 Results Preview: Expect modest revenue, profit growth, stable margins for OEMs; Maruti, Hyundai top picks
6 days ago

Auto Sector Q3 Results Preview: Expect modest revenue, profit growth, stable margins for OEMs; Maruti, Hyundai top picks

Live Mint  

The Indian automobile sector is projected to deliver a mixed performance in the third quarter of FY25, as the festive season appears to have fallen short in reviving overall demand. Maruti Suzuki India is its top pick among auto OEMs as its upcoming new launches are expected to continue to help improve the mix and drive healthy earnings growth. Here …

Sensex Nears 80K, Nifty Touches 24188
Top News
1 week, 5 days ago

Sensex Nears 80K, Nifty Touches 24188

Deccan Chronicle  

MUMBAI: The Indian equity markets continued its positive rally for the second consecutive trading session of 2025 with bullish sentiment driving Thursday's performance. The benchmark S&P BSE Sensex ended 1436 points or 1.83 per cent higher at 79,943 while the Nifty rose 445.75 points or 1.88 per cent to 24,188. Gains in banking, IT, auto and metals triggered a major …

Strong show by Maruti in 2024, wholesales grow 3% as WagonR, Ertiga, Brezza, Swift shine
1 week, 6 days ago

Strong show by Maruti in 2024, wholesales grow 3% as WagonR, Ertiga, Brezza, Swift shine

India Today  

The country's largest carmaker, Maruti Suzuki India, recorded its highest-ever calendar year wholesales in the domestic market at 17,90,877 units in 2024, driven by a robust show from models like the WagonR, Ertiga, Brezza, Swift, Baleno, Dzire and Fronx. Top-selling Maruti cars in 2024 Maruti Suzuki WagonR - 1.98 lakh units Maruti Suzuki Ertiga - 1.90 lakh units Maruti Suzuki …

Explained: Why Eicher Motors share price rallied 7% today
1 week, 6 days ago

Explained: Why Eicher Motors share price rallied 7% today

India Today  

Shares of Eicher Motors, the parent company of Royal Enfield, surged over 7% on Tuesday, driven by robust December sales figures and positive developments in its global operations. Eicher Motors reported a 25% year-on-year increase in total motorcycle sales for December 2024, delivering 79,466 units compared to 63,387 units in December 2023. Royal Enfield recently commenced operations at its first …

Maruti Suzuki share price jumps over 4%. What's behind today's gain?
Trending News
1 week, 6 days ago

Maruti Suzuki share price jumps over 4%. What's behind today's gain?

India Today  

Shares of Maruti Suzuki India Ltd surged over 4% in Thursday’s trading session, hitting an intraday high of Rs 11,675 on the Bombay Stock Exchange. December 2024 proved to be a strong month for Maruti Suzuki, as total sales rose 29.5% year-on-year to 1,78,248 units compared to 1,37,551 units in December 2023. Sales in the mini-segment, including models like Alto …

Top Gainers and Losers today on 1 January, 2025: Maruti Suzuki India, Mahindra & Mahindra, Hindalco Industries, Dr Reddys Laboratories among most active stocks; Check full list here
1 week, 6 days ago

Top Gainers and Losers today on 1 January, 2025: Maruti Suzuki India, Mahindra & Mahindra, Hindalco Industries, Dr Reddys Laboratories among most active stocks; Check full list here

Live Mint  

Top Gainers and Losers Today : The Top Gainers And Losers Today: The Nifty index closed at 23,644.8, reflecting an increase of 0.41%. The performance of the Nifty 50 over various timeframes is as follows: - In the last 1 Week: -0.04% - In the last 1 Month: -2.21% - In the last 3 Months: -7.97% - In the last …

Automakers drive India’s blue-chips higher in first session of 2025
2 weeks ago

Automakers drive India’s blue-chips higher in first session of 2025

Live Mint  

By Bharath Rajeswaran Jan 1 - India's benchmark indexes rose on the first day of 2025, led by auto stocks that were boosted by a rise in monthly sales for top carmaker Maruti Suzuki and peer Mahindra & Mahindra. India's blue-chip indexes rose to record highs early in 2024 but slowing corporate earnings and an exodus of foreign funds curtailed …

Auto stocks drive Sensex, Nifty gains on 2025's first trading day
2 weeks ago

Auto stocks drive Sensex, Nifty gains on 2025's first trading day

India Today  

Benchmark stock market indices closed higher after witnessing a brief rally on the first day of trading in 2025 fuelled by a rally in auto sector stocks. Both Nifty Consumer Durables and Nifty Financial Services Ex-Bank gained 0.77%, while Nifty Midsmall Healthcare increased by 0.57%. Nifty Midsmall Financial Services advanced 0.53%, Nifty Private Bank and Nifty Financial Services both added …

Sensex jumps over 600 points: 2 reasons why stock market is rising today
2 weeks ago

Sensex jumps over 600 points: 2 reasons why stock market is rising today

India Today  

Benchmark stock market indices erased the losses made in early trade and witnessed a rally in the afternoon session on the first trading day of 2025 as Sensex gained over 600 poinst whereas Nifty managed to jum over 200 points. The stock market rally was fuelled by a rise in auto, banking, media and FMCG sector stocks which helped both …

Stocks to buy for long term: Maruti Suzuki, Hero MotoCorp among top auto sector stock picks for 2025 by Vinit Bolinjkar
2 weeks, 5 days ago

Stocks to buy for long term: Maruti Suzuki, Hero MotoCorp among top auto sector stock picks for 2025 by Vinit Bolinjkar

Live Mint  

The Indian automotive sector has emerged as a standout performer in 2024, with the Nifty Auto index delivering an impressive year-to-date rally of over 24%, significantly outpacing the benchmark Nifty 50, which recorded nearly 10% YTD returns. Two-Wheelers and Tractors: Rural Demand Driving Growth The two-wheeler segment clocked an impressive 18% YoY growth driven by a rural market recovery. Auto …

Sensex, Nifty open higher as auto stocks fuel early rally; Tata Motors up 2%
Trending News
2 weeks, 5 days ago

Sensex, Nifty open higher as auto stocks fuel early rally; Tata Motors up 2%

India Today  

Benchmark stock market indices opened higher on Friday as auto stocks surged in early trade, helping the markets gain some momentum. A change in FII strategy from selling to buying will happen when macros indicate recovery in growth and corporate earnings," said Dr. V K Vijayakumar, Chief Investment Strategist, Geojit Financial Services. Tata Consultancy Services declined 0.33%, while HDFC Life …

Sensex, Nifty rise for 2nd straight day as auto stocks rally
2 weeks, 5 days ago

Sensex, Nifty rise for 2nd straight day as auto stocks rally

India Today  

Benchmark stock market indices continued their rally for the second straight day, supported by gains in automobile stocks. The S&P BSE Sensex settled 226.59 points higher at 78,690.07, while the NSE Nifty50 gained 63.20 points to end at 23,813.40. Vinod Nair, Head of Research, Geojit Financial Services, said, "The Christmas week trading ended on a subdued note; a lack of …

Top Gainers and Losers today on 23 December, 2024: JSW Steel, ITC, Hero Motocorp, Maruti Suzuki India among most active stocks; Check full list here
3 weeks, 1 day ago

Top Gainers and Losers today on 23 December, 2024: JSW Steel, ITC, Hero Motocorp, Maruti Suzuki India among most active stocks; Check full list here

Live Mint  

Top Gainers and Losers Today : **The Top Gainers And Losers Today:** The Nifty index concluded the trading session at 23,587.5, reflecting an increase of 0.7%. The Nifty 50 has exhibited varying returns over different time periods, as follows: - In the last week: -3.67% - In the last month: -1.9% - In the last three months: -8.39% - In …

Stock market today: Nifty 50, Sensex snap 5-day winning run despite RBI’s balancing act
1 month, 1 week ago

Stock market today: Nifty 50, Sensex snap 5-day winning run despite RBI’s balancing act

Live Mint  

Stock Market Today: Indian equity markets ended flat with a negative bias on Friday, December 6, with the Nifty 50 and Sensex showing little movement after a series of key announcements by the Reserve Bank of India in its MPC meeting today. Front-line indices end lower but close strong for the week The Nifty 50 ended the session with a …

Stocks to watch today: Hyundai, Tata Motors, Cochin Shipyard, Eicher Motors
1 month, 1 week ago

Stocks to watch today: Hyundai, Tata Motors, Cochin Shipyard, Eicher Motors

India Today  

Stock markets ended last week with nearly a 1% gain, in a volatile week marking the second consecutive week of advances despite mixed global cues. In today's trade, several stocks, including Eicher Motors, Tata Motors, Hyundai, and Cipla, are expected to be in focus due to recent developments. EICHER MOTORS Eicher Motors shares will likely see activity as the company …

Stocks to buy or sell: Sagar Doshi of Nuvama recommends Cochin Shipyard, JK Tyre, Bharat Dynamics today
1 month, 2 weeks ago

Stocks to buy or sell: Sagar Doshi of Nuvama recommends Cochin Shipyard, JK Tyre, Bharat Dynamics today

Live Mint  

Stock Market today: On Wednesday, the domestic benchmark indices, Nifty 50 and Sensex, showed a subdued performance as they mirrored the cautious sentiment in Asian markets, primarily driven by ongoing concerns about a potential global tariff war. Nifty 50 Outlook by Sagar Doshi, Senior Vice President- Research, Nuvama Professional Clients Group Nifty 50 has been witnessing a breather ahead of …

Nifty Auto stocks lose nearly ₹6 lakh crore in market cap amid recent selloff
2 months ago

Nifty Auto stocks lose nearly ₹6 lakh crore in market cap amid recent selloff

Live Mint  

Indian auto stocks have been among the biggest casualties of the recent market sell-off. At its peak, the market capitalisation of Tata Motors stood at ₹4.33 lakh crore when the stock reached an all-time high of ₹1,179 per share. Similarly, Bajaj Auto's market capitalisation touched ₹3.56 lakh crore when its stock hit a record high of ₹12,774 apiece in late …

Eicher Motors leads rise in Indian shares
2 months ago

Eicher Motors leads rise in Indian shares

Live Mint  

By Bharath Rajeswaran Nov 14 - Indian shares rose on Thursday, after sinking into correction territory in the previous session, with Eicher Motors driving the gains in the blue-chip indexes following a better-than expected quarterly profit. The NSE Nifty 50 rose 0.18% to 23,602.25 as of 10:32 a.m. IST, while the BSE Sensex gained 0.15% to 77,808.18. Eicher, which makes …

Eicher Motors leads Indian shares higher at the open
Trending News
2 months ago

Eicher Motors leads Indian shares higher at the open

Live Mint  

By Bharath Rajeswaran Nov 14 - Indian shares opened marginally higher on Thursday, after sinking into correction territory in the previous session, with Eicher Motors driving the gains in the blue-chip indexes following a better-than expected quarterly profit. Eicher, which makes the Royal Enfield motorcycles, jumped 7%, the most on the Nifty, after its September-quarter profit beat market expectations, helped …

Eicher Motors leads rise in Indian shares
Trending News
2 months ago

Eicher Motors leads rise in Indian shares

Live Mint  

By Bharath Rajeswaran -Indian shares rose on Thursday, after sinking into correction territory in the previous session, with Eicher Motors driving the gains in the blue-chip indexes following a better-than expected quarterly profit. The NSE Nifty 50 rose 0.18% to 23,602.25 as of 10:32 a.m. IST, while the BSE Sensex gained 0.15% to 77,808.18. Eicher, which makes Royal Enfield motorcycles, …

Eicher Motors share price jumps over 8% after Q2 results. Should you buy?
2 months ago

Eicher Motors share price jumps over 8% after Q2 results. Should you buy?

India Today  

Eicher Motors shares surged over 8% in early trading after brokerages shared their views about the company's Q2 earnings. Nuvama upgraded Eicher to a “Buy” with a revised target price of Rs 5,500, citing an expected boost from Royal Enfield’s strong festive demand, new product focus on models like the Classic and Bullet, and increased marketing efforts. Emkay Global, raising …

Hezbollah Names Sheikh Naim Kassem as New Leader
2 months, 2 weeks ago

Hezbollah Names Sheikh Naim Kassem as New Leader

Live Mint  

Indian stock markets experienced a rebound on Tuesday, October 29, with the Sensex and Nifty indices making smart turnarounds. The recovery was driven by strong performances from major heavyweights like Reliance Industries, HDFC Bank ICICI Bank, and State Bank of India. Meanwhile, Adani Ports and Special Economic Zone reported strong Q2 results, while Ola Electric shares experienced a significant decline …

Maruti Suzuki shares drive markets higher
6 months ago

Maruti Suzuki shares drive markets higher

The Hindu  

Indian shares rose on July 9, led by Maruti Suzuki after the car maker's shares were traded at a premium to its closing price. Maruti Suzuki jumped 4.75% after the automaker's shares were traded in eight block deals — the trade of a large number of shares negotiated outside the open market — at a premium of 2.5%-4.3% over their …

Maruti Suzuki clocks 12.42% sales growth, exports surge; shares close 0.62% higher
6 months, 1 week ago

Maruti Suzuki clocks 12.42% sales growth, exports surge; shares close 0.62% higher

Live Mint  

Maruti Suzuki, India's largest carmaker, posted a robust 12.42 per cent sales growth in June. However, Maruti Suzuki's mid-segment cars like Alto and S-Presso faced a decline in sales figures, going down 49.5 per cent to 9,395 units as compared to 14,054 units in June 2023. The sale of the company's utility vehicles, which include Brezza, Ertiga, Fronx, Jimny, and …

Maruti Suzuki clocks 12.42% sales growth, exports surge; shares close 0.62% higher
6 months, 1 week ago

Maruti Suzuki clocks 12.42% sales growth, exports surge; shares close 0.62% higher

Live Mint  

India's largest carmaker posted a 12.42 per cent increase in the number of cars sold. {{^adFree}} {{/adFree}} However, Maruti Suzuki's mid-segment cars like Alto and S-Presso faced a decline in sales figures, going down 49.5 per cent to 9,395 units as compared to 14,054 units in June 2023. The sale of the company's utility vehicles, which include Brezza, Ertiga, Fronx, …

Maruti Suzuki sales rise 12% to 1,79,228 units in June
6 months, 2 weeks ago

Maruti Suzuki sales rise 12% to 1,79,228 units in June

Hindustan Times  

Automaker Maruti Suzuki India on Monday reported a 12 per cent increase in total wholesales to 1,79,228 units in June. The company had dispatched 1,59,418 units to its dealers in the same month last year, Maruti Suzuki India said in a statement. The total domestic passenger vehicle sales were 1,37,160 units last month compared to 1,33,027 units in the year-ago …

Sensex, Nifty tank in early trade on foreign fund outflows; Tata Motors down by more than 7%
8 months ago

Sensex, Nifty tank in early trade on foreign fund outflows; Tata Motors down by more than 7%

The Hindu  

Benchmark equity indices Sensex and Nifty declined in early trade on May 13 amid continuous foreign fund outflows, weak trends from Asian markets and heavy selling in Tata Motors. From the Sensex basket, Tata Motors dropped more than 7% despite reporting over three-fold jump in consolidated net profit at ₹17,528.59 crore for the fourth quarter ended March 31, 2024. Foreign …

Car Sales In April Rise Marginally To 3.38 Lakh Units
8 months, 1 week ago

Car Sales In April Rise Marginally To 3.38 Lakh Units

Deccan Chronicle  

After a record all-time high numbers in fiscal 2024, passenger vehicle wholesales during April grew marginally 1.76 per cent year-on-year at 3,38,341 units due to high base of last year and lukewarm retails during the electioneering season in the country. Tata Motors, the third-ranked passenger vehicle maker’s wholesales also grew 2 per cent at 47,983 units as against 47,107 units …

Nifty hits fresh record high surpassing April 10 peak, nears 22,800. Here's why
8 months, 2 weeks ago

Nifty hits fresh record high surpassing April 10 peak, nears 22,800. Here's why

Hindustan Times  

Nifty 50 hit a fresh record high at 22,779.75 today after tracking major gains in the auto sector, as Mahindra & Mahindra, Maruti Suzuki and Tata Motors were among the top gainers on the index. Nifty Auto index hit an all-time high of 22,634.05, led by gains in Mahindra & Mahindra and Bajaj Auto. Nifty Realty index was also up …

Maruti Suzuki stock jumps 3.7% to record high, crosses ₹12,000 mark for first time
9 months, 3 weeks ago

Maruti Suzuki stock jumps 3.7% to record high, crosses ₹12,000 mark for first time

Live Mint  

In a noteworthy achievement, shares of Maruti Suzuki India, the country's largest automaker, surged to a historic high, crossing the ₹12,000 per share mark for the first time in today's trading session to set a new record high of ₹12,025 apiece by gaining 3.7%. Today's rally came after the global brokerage firm CLSA stated in its recent note that the …

Maruti Suzuki Q3 results preview: Net profit likely to rise 20%, say analysts
11 months, 2 weeks ago

Maruti Suzuki Q3 results preview: Net profit likely to rise 20%, say analysts

Live Mint  

India's largest carmaker Maruti Suzuki is all set to announce its financial results for the third quarter ended December 31, 2023, on January 31. Analysts from various brokerages anticipate that the company is likely to experience a decline in margins on a sequential basis due to an unfavourable product mix and increased discounts offered during the December quarter. “We expect …

Sensex, Nifty 50 end with healthy gains; investors earn about ₹4 lakh crore
1 year ago

Sensex, Nifty 50 end with healthy gains; investors earn about ₹4 lakh crore

Live Mint  

Key equity indices saw strong gains on Thursday, December 21, a day after suffering strong losses on profit booking. Benchmarks Nifty 50 and Sensex rose by half a per cent each on gains in the majority of stocks even as global cues were weak. Sensex finally closed the day with a gain of 359 points, or 0.51 per cent, at …

Bajaj Auto posts 5% rise in Q2 revenue at ₹10,777.27 crore
1 year, 2 months ago

Bajaj Auto posts 5% rise in Q2 revenue at ₹10,777.27 crore

Live Mint  

Bajaj Auto on Wednesday reported a 5.6% rise in second-quarter revenue as price hikes offset weak demand for its motorcycles. Key takeaways from Q2 results Revenue from Operations registers a new high of <10,777 crores Underpinned by double digit volume growth, with the sustained buoyancy on the domestic front cushioning the weak, albeit improving exports performance. At Rs2, 133 crores, …

Nifty Auto Index touches new 52-week high, Tata Motors, M&M zoom; check details
1 year, 7 months ago

Nifty Auto Index touches new 52-week high, Tata Motors, M&M zoom; check details

Live Mint  

In a overall upbeat market on Monday, the Nifty Auto index gained more than 1% and touched a new 52-week high. The Nifty Auto index is anticipated to maintain this trend going forward, with prices ideally moving towards 14800 in the short term and 14300 acting as immediate support. "Nifty auto index has breached 55 months resistance followed by retest …

Maruti Suzuki May sales rise 10% to 1.78 lakh units; PV sales up 15%
1 year, 7 months ago

Maruti Suzuki May sales rise 10% to 1.78 lakh units; PV sales up 15%

Live Mint  

Maruti Suzuki India, the largest passenger car manufacturer in India, reported total vehicle sales at 178,083 units in May 2023, registering a rise of 10.32% as compared to 161,413 units sold in the same month last year. In the passenger vehicle segment, the company's domestic sales increased 15.3% to 143,708 units as against 124,474 units, YoY. Among its Mini and …

Top gainers, losers May 25: Bajaj Auto, ITC, Tata Motors among most active stocs
1 year, 7 months ago

Top gainers, losers May 25: Bajaj Auto, ITC, Tata Motors among most active stocs

Live Mint  

The Indian benchmark indices ended Thursday’s volatile session higher led by gains in auto, FMCG and realty stocks amid mixed global cues. Here is the list of top gainers and losers during the current trading session: Sensex: Top gainers: Bharti Airtel, ITC, Kotak Mahindra Bank, L&T and PowerGrid Corporation. Nifty 50: Top gainers: Bajaj Auto, Adani Enterprises, Bharti Airtel, ITC …

Stocks to Watch: Eicher Motors, Bharat Electronics, Tata Motors, Adani Ports, and Others
1 year, 9 months ago

Stocks to Watch: Eicher Motors, Bharat Electronics, Tata Motors, Adani Ports, and Others

News 18  

The Nifty futures contract traded on the Singapore Exchange indicates a positive start to domestic equities. Eicher Motors Ltd The auto company reported a 6.73 percent rise in the sales of its motorcycle, Royal Enfield at 72,235 motorcycles in March 2023 as against 67,677 motorcycles sold during the same period last year. For the financial year ended March 2023, Royal …

From Maruti Suzuki to Tata Motors - A look at vehicle sales in March
1 year, 9 months ago

From Maruti Suzuki to Tata Motors - A look at vehicle sales in March

Live Mint  

As the financial year comes to an end, several automobile companies have posted their sale records for the month of March. Total two-wheelers sales grew 5% last month to 3,07,559 units while domestic two-wheeler sales rose 22% to 2,40,780 units. Kia India Automaker Kia India said on Saturday that its sales wholesales had declined by 5% to 21,501 units last …

Maruti Suzuki targets sales via Nexa outlets to overtake Hyundai, Tata Motors
1 year, 9 months ago

Maruti Suzuki targets sales via Nexa outlets to overtake Hyundai, Tata Motors

Live Mint  

Maruti Suzuki India Senior Executive Officer, Marketing and Sales, Shashank Srivastava said that the auto maker expects the sale of its premium vehicles sold through the Nexa retail outlets to exceed the overall sales of Hyundai and Tata Motors by 2023. Maruti Suzuki's Nexa chain accounts for about 23 per cent of the company's overall sales this year and has …

Carmakers begin 2023 on a strong note, post handsome growth in domestic volumes in January
1 year, 11 months ago

Carmakers begin 2023 on a strong note, post handsome growth in domestic volumes in January

India Today  

After a stupendous performance in 2022, during which the passenger vehicle industry witnessed its highest-ever domestic volumes in a calendar year, the carmakers have begun 2023 on a strong note, posting handsome growth in domestic wholesale despatches in January on the back of robust customer demand and relatively better semiconductor supply leading to higher production. The domestic wholesales of Hyundai …

Tata Motors among 7 auto stocks to buy as Jefferies sees strong returns in 2023
2 years ago

Tata Motors among 7 auto stocks to buy as Jefferies sees strong returns in 2023

Live Mint  

The Indian auto sector is poised to deliver strong stock returns in 2023, in Jefferies' view. TVS, Maruti, Tata Motors and Eicher Motors are Jefferies preferred buys in the Indian auto stocks. It has Buy tags on auto stocks Ashok Leyland with a target price of ₹180, Bajaj Auto, TVS Motor, Maruti Suzuki, Tata Motors, Eicher Motors, Hero MotoCorp Meanwhile, …

What's driving investor interest in Eicher Motors stock?
2 years, 5 months ago

What's driving investor interest in Eicher Motors stock?

Live Mint  

Shares of Eicher Motors Ltd rose to a 52-week high of ₹3,265.95 on the NSE on Thursday. View Full Image In top gear Further, the introduction of a new and lighter model would aid overall Royal Enfield volumes, which grew by a mere 0.8% sequentially in Q1. Second, Hunter could be a lower gross margin generator, which means a higher …

Demand for cars in India strong despite slowdown, says Suzuki
2 years, 5 months ago

Demand for cars in India strong despite slowdown, says Suzuki

Hindustan Times  

Japan's Suzuki Motor said on Friday it did not see demand for vehicles slowing at home or in its key market of India amid growing concerns about a global economic downturn. Suzuki kept its operating profit forecast of 195 billion yen for the year to March 31, saying it was premature to change it at this point The view from …

Maruti Suzuki reports over two-fold jump in Q1 net profit
2 years, 5 months ago

Maruti Suzuki reports over two-fold jump in Q1 net profit

Hindustan Times  

Maruti Suzuki Ltd on Wednesday reported a two-fold jump in consolidated net profit for the quarter ending June 30. Every second car sold in India is a Maruti and the company hiked prices six times from January last year and June this year. Every second car sold in India is a Maruti and the company hiked prices six times from …

Sensex rallies 443 pts; Nifty holds 15,550; Maruti rises 7%, Hero Moto 6%
2 years, 6 months ago

Sensex rallies 443 pts; Nifty holds 15,550; Maruti rises 7%, Hero Moto 6%

Business Standard  

CLOSING BELL Stock market highlights : Equities turned extremely volatile on the day of the weekly F&O expiry with the Nifty50 gyrating between 15,368 and 15,628. Views by: Ruchit Jain, Lead Research, 5paisa.com Currency view :: Rupee's weakness can continue till Crude stays above $95 Rupee traded in a range between 78.20-78.40, ended near 78.30, as the dollar traded neutral …

Sensex, Nifty rebound; top stocks in focus
2 years, 11 months ago

Sensex, Nifty rebound; top stocks in focus

India Today  

India shares rose on Tuesday after a three-session losing streak, boosted by top carmaker Maruti Suzuki and metals stocks, while TVS Motor jumped 5 per cent after the automotive company posted better-than-expected quarterly numbers. The blue-chip NSE Nifty 50 index was up 0.23 per cent at 17,254, while the S&P BSE Sensex gained 0.19 per cent to 57,728.84. Maruti Suzuki …

Sensex, Nifty rise on strong Q2FY22 GDP growth
3 years, 1 month ago

Sensex, Nifty rise on strong Q2FY22 GDP growth

India Today  

Indian shares rose over 1% on Wednesday, boosted by metals, auto and banking stocks, after growth data showed India grew at a faster pace than any major economy in the September quarter. GDP data released on Tuesday showed India's economy grew 8.4% in the September quarter, at the fastest pace of any major economy in the July-September quarter, but economists …

Discover Related