Automakers drive India’s blue-chips higher in first session of 2025
1 week 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 annual gains to about 8.5%, the least among major global peers, and pushed the indexes into correction territory. In 2025, the markets will be shaped by corporate earnings, India's upcoming federal budget, the policies of U.S. President-elect Donald Trump's administration as well as the Federal Reserve's rate trajectory, Ross Maxwell, global strategy operations lead at trading platform VT Markets, said. Among individual stocks, two-wheeler maker Bajaj Auto and tractor maker Escorts Kubota lost 0.7% and 1%, respectively, after posting a drop in December sales.

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History of this topic

Auto stocks surge up to 7% on robust December sales; Eicher Motors leads the rally
Trending News
1 week ago

Auto stocks surge up to 7% on robust December sales; Eicher Motors leads the rally

Live Mint  

Stock market today: Indian auto stocks experienced strong demand in today's trading session, as investors responded positively to the December sales data, particularly strong numbers from the PV segment, prompting brokerages to maintain a positive outlook on the sector. In terms of PV sales, Maruti Suzuki led in 2024 as the country's leading car manufacturer sold 178,248 car units in …

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

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

Maruti, Mahindra lead Indian carmakers’ December sales to dealers
1 week ago

Maruti, Mahindra lead Indian carmakers’ December sales to dealers

Live Mint  

By Meenakshi Maidas and Nandan Mandayam -Indian carmakers Mahindra & Mahindra and Tata Motors reported a rise in sales to domestic dealers in December on steady sport utility vehicle demand, while year-end discounts helped Maruti Suzuki record its first small-car sales growth in 20 months, company data showed. Market leader Maruti Suzuki's domestic sales rose 24% in December and Mahindra …

Sensex jumps over 600 points: 2 reasons why stock market is rising today
1 week, 1 day 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 …

Auto, IT drag India’s benchmark indexes lower
1 week, 3 days ago

Auto, IT drag India’s benchmark indexes lower

Live Mint  

By Bharath Rajeswaran Dec 30 - India's benchmark indexes fell marginally at the start of the week, dragged by information technology and auto stocks, in thin volume trade ahead of the end of 2024. "Persistent concerns such as sustained foreign institutional investor outflows, diminishing expectations of U.S. rate cuts in 2025 and a lack of major domestic triggers amid the …

Sensex, Nifty open higher as auto stocks fuel early rally; Tata Motors up 2%
Trending News
1 week, 6 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 …

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
2 weeks, 2 days 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 …

Maruti Suzuki car prices to rise by up to 4 percent from January 2025
1 month ago

Maruti Suzuki car prices to rise by up to 4 percent from January 2025

India TV News  

Maruti Suzuki India Limited has announced that it will raise the prices of its cars starting in January 2025. This price increase announcement from Maruti Suzuki follows similar decisions from other major car brands. For instance, Hyundai Motor India Limited announced on December 5 that it would increase prices by up to Rs 25,000 for its 2025 models, effective January …

Indian shares erase early losses led by Ultratech, Maruti
1 month, 1 week ago

Indian shares erase early losses led by Ultratech, Maruti

Live Mint  

By Bharath Rajeswaran -Indian benchmark indexes were muted on Monday, as gains in cement maker Ultratech and carmaker Maruti Suzuki offset broader losses due to concerns over domestic economic growth and its effect on the central bank's monetary policy decision. Data released late Friday showed that India's economic growth decelerated more than anticipated in the third quarter, hindered by slow …

Market shrugs off concerns over weak growth numbers, Trump tariff threat
1 month, 1 week ago

Market shrugs off concerns over weak growth numbers, Trump tariff threat

New Indian Express  

Contrary to expectations that India’s equity market would react negatively to weak gross domestic product growth numbers, key benchmark indices—BSE Sensex and NSE Nifty 50—surged by over 0.50% each on Monday. Investors reaped significant gains as the market capitalisation of BSE-listed companies increased by ₹3.25 lakh crore, rising from ₹446.47 lakh crore in the previous session to ₹449.72 lakh crore. …

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 …

Bajaj Auto stock plummets to 4-month low, slides 29% from recent peak. Can it fall more?
1 month, 1 week ago

Bajaj Auto stock plummets to 4-month low, slides 29% from recent peak. Can it fall more?

Live Mint  

Shares of Bajaj Auto, one of the leading manufacturers of two-wheelers, fell nearly 2% in trade on Thursday, November 28 to hit a 4-month low of ₹9,013 per share. Further contributing to the negative sentiment, Bajaj Auto reported weak domestic sales for October, with a year-on-year decline of 8%, dropping from 3.29 lakh units to 3.03 lakh units. Bajaj Auto …

M&M outpaces rivals with strong PV volume growth, margin expansion in Q2; becomes Jefferies’ top auto pick
1 month, 3 weeks ago

M&M outpaces rivals with strong PV volume growth, margin expansion in Q2; becomes Jefferies’ top auto pick

Live Mint  

The Indian Passenger Vehicle industry experienced a subdued September quarter, with Original Equipment Manufacturers reporting varied performance in terms of volume growth and margin trajectories. In contrast, Maruti Suzuki India, Tata Motors, and Hyundai Motor India reported volume declines of 2–9% YoY during the same period. > Tata Motors India PV: EBIT margin declined by 10 bps QoQ and a …

Maruti Suzuki vs Hyundai Motor India shares: Which auto stock to buy after Q2FY25 results?
1 month, 3 weeks ago

Maruti Suzuki vs Hyundai Motor India shares: Which auto stock to buy after Q2FY25 results?

Live Mint  

Indian stock market has been witnessing an intriguing contest between automobile industry stalwart Maruti Suzuki India and the newly-listed Hyundai Motor India. According to him, the choice between these two would ultimately depend on whether investors are interested in Hyundai Motor India’s technological leadership and premium positioning or Maruti Suzuki’s prospects for growth and value-driven approach. Emkay Global has a …

Eicher Motors leads rise in Indian shares
1 month, 3 weeks 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
1 month, 3 weeks 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
1 month, 3 weeks 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, …

Hezbollah Names Sheikh Naim Kassem as New Leader
2 months, 1 week 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 …

Gift Nifty: A Pricey Start for Indian Stock Market
Trending News
2 months, 2 weeks ago

Gift Nifty: A Pricey Start for Indian Stock Market

Live Mint  

Indian stock market remains flat, with mixed global market cues. The Sensex ends flat, while the Nifty 50 settles lower. Tesla stock price jumps 22%, its biggest single-day gain in over a decade. US jobless claims unexpectedly decline, with initial claims for state unemployment benefits dropping to 227,000 for the week ended October 19.

Bajaj Auto Q1 Results Live : profit rise by 18.1% YOY
5 months, 3 weeks ago

Bajaj Auto Q1 Results Live : profit rise by 18.1% YOY

Live Mint  

Bajaj Auto Q1 Results Live : Bajaj Auto declared their Q1 results on 16 Jul, 2024, with the topline increasing by 15.71% and the profit increasing by 18.1% YoY. Bajaj Auto delivered 1.93% return in the last week, 33.24% return in the last 6 months, and 42.97% YTD return. As of 17 Jul, 2024, out of 39 analysts covering the …

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 …

Stock market update: Sensex climbs 176 points to 74,515 in early trade, Nifty up 50 points to 22,620
8 months, 2 weeks ago

Stock market update: Sensex climbs 176 points to 74,515 in early trade, Nifty up 50 points to 22,620

India TV News  

In the early hours of trading on Friday, stock markets witnessed a significant uptick, marking the sixth consecutive day of gains, driven by robust buying in Tech Mahindra and positive trends in Asian markets. The 30-share BSE Sensex soared by 176.47 points to reach 74,515.91, while the NSE Nifty climbed 50.05 points to stand at 22,620.40. Oil prices also saw …

Maruti Suzuki stock jumps 3.7% to record high, crosses ₹12,000 mark for first time
9 months, 2 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 …

JM Financial raises target on Maruti Suzuki as trend seems shifting to hybrids
10 months, 1 week ago

JM Financial raises target on Maruti Suzuki as trend seems shifting to hybrids

Live Mint  

Maruti Suzuki India, the largest passenger car manufacturer in India, is likely to be a key beneficiary as the customer preference seems to be slowly shifting towards hybrid vehicles from electric vehicles, analysts said. Meanwhile, Maruti Suzuki India is working on multiple technologies, such as Hybrids, EVs, Flex-fuel and Biogas in addition to ICE and CNG as the company believes …

Entry-level cars below ₹5 lakh witness a sharp decline in demand
10 months, 3 weeks ago

Entry-level cars below ₹5 lakh witness a sharp decline in demand

Hindustan Times  

The demand for entry-level cars priced below ₹5 lakh has sharply declined among Indian customers. Substantial increase in the price of entry-level cars During the past five years, the prices of cars in the sub- ₹5 lakh segment have experienced a substantial increase of 65 per cent. On the contrary, cars priced between ₹7 to 8 lakh, such as Baleno, …

Stock market today: Sensex, Nifty trade flat; Tata Motors climbs 6 per cent, Paytm plunges 10 per cent
11 months ago

Stock market today: Sensex, Nifty trade flat; Tata Motors climbs 6 per cent, Paytm plunges 10 per cent

India TV News  

The BSE Sensex rose by 193.43 points, reaching 72,279.06 in early trade, while the Nifty gained 51.15 points, reaching 21,904.95. Major gainers on the Nifty included Tata Motors, Sun Pharma, Britannia, Eicher Motors, and Cipla. Tata Motors saw a 6 per cent jump after reporting a twofold increase in net profit at Rs 7,100 crore for the December 2023 quarter. …

Auto makers start 2024 on high note, report growth in January sales
11 months, 1 week ago

Auto makers start 2024 on high note, report growth in January sales

Hindustan Times  

Automobile makers in the country started the New Year on a positive note with most players across segments reporting higher sales volume in January compared to the same month last year. Maruti Suzuki India's total vehicle sales increased by 15.5 per cent at 1,99,364 units in January from 1,72,535 units in the same month last year, the company said in …

Maruti Suzuki Q3 results preview: Net profit likely to rise 20%, say analysts
11 months, 1 week 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 …

Bajaj Auto Q2 Results Preview: Net profit may rise 13%; revenue seen up 5% YoY
1 year, 2 months ago

Bajaj Auto Q2 Results Preview: Net profit may rise 13%; revenue seen up 5% YoY

Live Mint  

Bajaj Auto, the two and three-wheeler manufacturer, will announce its financial results for the second quarter of FY24 on Wednesday, 18 October 2023. For Bajaj Auto, net profit in Q2FY24 is expected to rise 13.6% to ₹1,738 crore from ₹1,530 crore in the same quarter last year, as per average estimates of analysts. Analysts expect earnings before interest, tax, depreciation …

Markets settle with gains after two days of fall
1 year, 7 months ago

Markets settle with gains after two days of fall

The Hindu  

Benchmark stock indices Sensex and Nifty closed higher on June 2 after two days of fall, helped by buying in metal, telecom and auto stocks amid a firm trend in global markets. Automakers led by Maruti Suzuki India, Hyundai, Mahindra & Mahindra reporting robust wholesales of passenger vehicles and GST collections crossing ₹1.50 lakh crore for the third straight month …

Maruti Suzuki expects June sales to be impacted by chip shortage: Report
1 year, 7 months ago

Maruti Suzuki expects June sales to be impacted by chip shortage: Report

Live Mint  

Maruti Suzuki India, the largest passenger vehicle manufacturer in India, expects its sales in June to be impacted by semiconductor shortage, as per report. Speaking to CNBC-TV18, Shashank Srivastava, Senior Executive Officer, Marketing & Sales, Maruti Suzuki India said that its June sales are likely to be impacted due to semiconductor availability still under pressure for some of its models. …

Maruti in high gear
1 year, 11 months ago

Maruti in high gear

Live Mint  

Maruti Suzuki India Ltd on Tuesday reported a more than doubling of its net profit in the last quarter of 2022 to ₹2,351 crore, helping its stock price end more than 3% higher on bourses. With chip shortages easing, assembly lines look less likely to be disrupted now, which bodes well for future sales. Commodities coming off their recent price …

India is 3rd biggest auto market now. What do the numbers reveal?
1 year, 11 months ago

India is 3rd biggest auto market now. What do the numbers reveal?

Live Mint  

The automobile sector, which was bogged down for months by the semiconductor shortage last year, is slowly coming out of the woods with easing supply-chain constraints. With vehicle sales topping 4.5 million in 2022, India became the world’s third-largest automotive market, beating Japan, Nikkei Asia reported earlier this month. Budget may put India's missing middle in Ayushman Bharat UPI for …

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, …

Passenger vehicle segment expected to touch record sales this fiscal: Maruti
2 years, 2 months ago

Passenger vehicle segment expected to touch record sales this fiscal: Maruti

Hindustan Times  

Maruti Suzuki India Limited chairman RC Bhargava said on Friday that the passenger vehicle segment in India is expected to touch record sales this fiscal and follow it up in FY24 with an 8 per cent growth. Addressing a virtual presser on MSIL's second-quarter earnings, Bhargava said that several factors including the easing of semiconductor shortage are propelling automobile sales …

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 …

Auto sales fell 8% in July; 2-wheeler & PV sales dip 11% & 5% each
2 years, 5 months ago

Auto sales fell 8% in July; 2-wheeler & PV sales dip 11% & 5% each

Live Mint  

The total vehicle retail sales for the month of July 2022 saw a dip of 8% as compared with July 2021 and a drop of 20% when compared with July 2019, data from the Federation of Automobiles Dealers Association showed on Thursday. This was 5 per cent down compared to the 2,63,238 units sold in July 2021. while two-wheeler sales …

Passenger vehicle sales rise on improved chip supply
2 years, 5 months ago

Passenger vehicle sales rise on improved chip supply

The Hindu  

Improvement in semiconductor supplies helped automakers, including Maruti Suzuki, Hyundai, Tata Motors and Mahindra & Mahindra, report single to high double-digit growth on Monday in their domestic passenger vehicles sales in July. Other manufacturers, Kia India, Toyota Kirloskar Motor, Honda Cars India, Skoda Auto India, also reported robust growth in their domestic passenger vehicle sales with the auto industry estimated …

Tata Motors, Maruti Suzuki to M&M: Auto stocks in top gear. Should you buy?
2 years, 6 months ago

Tata Motors, Maruti Suzuki to M&M: Auto stocks in top gear. Should you buy?

Live Mint  

Stocks to buy today: After breakout in BSE Auto index last week, most of the auto majors are ascending at a faster rate this week. Speaking on the reasons for rise in auto stocks, Sumeet Bagadia, Executive Director at Choice Broking said, "After breakout in BSE Auto index last week, most of the auto stocks have given breakout this week. …

Sensex rises 443.19 pts to end above 52,200 driven by auto stocks
2 years, 6 months ago

Sensex rises 443.19 pts to end above 52,200 driven by auto stocks

India Today  

Indian shares bucked a broader downturn on Thursday as weak metal and oil prices drove beaten-down automakers to their best day since April 2020. "Fall in crude oil prices gave some respite to the market, although concerns of persistent foreign investor selling and rising bond yields in the U.S. will continue to keep traders on edge," said Shrikant Chouhan, head …

Investor wealth erodes by ₹6.47 lakh cr as markets tumble for second day
2 years, 8 months ago

Investor wealth erodes by ₹6.47 lakh cr as markets tumble for second day

Live Mint  

Investors' wealth tumbled over ₹6.47 lakh crore in two days of market crash amid weak cues from global markets. Indian indices extended their losing run on Monday, dragged down by heavyweights Reliance, ITC, TCS, and M&M as weakness in global stocks due to interest rate hike worries ruined investors' mood. Nifty opened lower and remained under selling pressure throughout the …

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 …

Major Automakers in India Report Decline in Sales in Jan Due to Semiconductor Shortage
2 years, 11 months ago

Major Automakers in India Report Decline in Sales in Jan Due to Semiconductor Shortage

News 18  

Top passenger vehicle makers, Maruti Suzuki, Hyundai, Mahindra & Mahindra, Toyota Kirloskar Motor and Honda, on Tuesday reported decline in vehicle dispatches from factories to dealers in January amid shortage of semiconductors continuing to hamper production. Maruti Suzuki India’s domestic sales slipped by 8 per cent to 1,36,442 units last month as against 1,48,307 units in January 2021. Similarly, Hyundai …

Maruti Suzuki, Hyundai Report Decline in Sales For Dec; Tata Motors, M&M Register Growth
3 years ago

Maruti Suzuki, Hyundai Report Decline in Sales For Dec; Tata Motors, M&M Register Growth

News 18  

Passenger vehicle market leaders Maruti Suzuki and Hyundai on Saturday reported a decline in wholesales in December 2021, although homegrown majors Tata Motors and Mahindra & Mahindra reported growth, amid semiconductor shortage continuing to impact production. The country's largest carmaker Maruti Suzuki India reported a 4 percent fall in wholesales to 1,53,149 units in December 2021 as against 1,60,226 units …

Maruti Suzuki, Hyundai report decline in wholesales for Dec; Tata Motors, M&M register growth
3 years ago

Maruti Suzuki, Hyundai report decline in wholesales for Dec; Tata Motors, M&M register growth

Live Mint  

Passenger vehicle market leaders Maruti Suzuki and Hyundai on Saturday reported a decline in wholesales in December 2021, although homegrown majors Tata Motors and Mahindra & Mahindra reported growth, amid semiconductor shortage continuing to impact production. The country's largest carmaker Maruti Suzuki India reported a 4 per cent fall in wholesales to 1,53,149 units in December 2021 as against 1,60,226 …

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 …

Maruti Suzuki Witnesses Decline In Car Sales Due To Shortage Of Semiconductor Chips
3 years, 2 months ago

Maruti Suzuki Witnesses Decline In Car Sales Due To Shortage Of Semiconductor Chips

ABP News  

New Delhi: Maruti Suzuki, India's largest car company, has seen a decline in its sales in October. Although the demand for its cars has increased, the sales saw a decline due to the shortage in production, which can mainly be attributed to the shortage of semiconductor chips in the Indian market. Production falls due to chip shortage: According to Maruti …

Bajaj Auto’s higher exports drive September quarter show
3 years, 2 months ago

Bajaj Auto’s higher exports drive September quarter show

Live Mint  

Bajaj Auto Ltd reported robust performance for the September quarter, boosted by export volumes. Overall CV volumes grew 29% year-on-year helped by 8% growth in exports and 88% y-o-y growth in domestic sales. Raw material costs at 74.9% of sales were much higher than 73% of sales in Q1 and 70.7 % of sales in the year-ago quarter. The impact …

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