Tue, Nov 28, 2023
The news of Maruti Suzuki's decision to raise prices followed similar announcements from homegrown rival Tata Motors and German luxury carmaker Audi as rising input costs eat into the margins for the entire auto space.
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Thu, Nov 23, 2023
In the Nifty Auto basket, several stocks, including the likes of Bajaj Auto, Hero MotoCorp, TVS Motor, and Eicher Motors, hit their respective 52-week highs today.
Mon, Oct 16, 2023
Out of the 9.9 per cent stake, 9.0 per cent will be acquired by private equity fund TPG Rise Climate, the lead investor for the transaction, for Rs 1,467 crore and the remaining 0.9 per cent to Ratan Tata Foundation for Rs 146.7 crore, at an equity valuation of Rs 16,300 crore, Tata Motors said on Friday.
Wed, Oct 11, 2023
DAM Capital maintained its 'buy' rating on TVS Motor Company with a price target of Rs 3,051 for the stock, which suggests an upside of almost 100 per cent from the previous close.
Tue, Aug 22, 2023
Zee Business Analyst Kushal Gupta has a long-term ‘buy’ call on Tata Motors. He believes the Tata group auto giant can be a great play in the EV space.
Fri, Aug 11, 2023
Hero MotoCorp shares were under pressure on Friday, a day after the auto major reported a mixed set of results for the April-June period. Brokerages are divided on the stock, with their targets ranging from Rs 2,344 to Rs 3,600.
Wed, Aug 09, 2023
Hero MotoCorp is likely to report a 36.8 per cent year-on-year jump in standalone net profit to Rs 855 crore for the first quarter of the current financial year, according to Zee Business research.
Tue, Aug 01, 2023
Maruti Suzuki shares were under pressure on Tuesday, a day after the country's largest carmaker reported a set of quarterly numbers that fell short of analysts' estimates on most parameters.
Mon, Jul 31, 2023
Maruti Suzuki on Monday reported a standalone net profit of Rs 2,485.1 crore for the April-June period. The auto major's margin improved by 200 basis points to 9.2 per cent.
Wed, Jul 26, 2023
Tata Motors shares will be in focus on Wednesday, a day after the Tata group auto major reported a set of financial results that were better than analysts' estimates.
Tue, Jul 25, 2023
Tata Motors on Tuesday reported a net profit of Rs 3,202.8 crore for the quarter ended June 2023.
Mon, Jul 03, 2023
Automobile stocks will be in focus on Monday amid a mixed set of sales reports from top manufacturers.
Mon, Jun 12, 2023
TVS Motor Company shares jumped to scale an all-time high on Monday, after the auto maker said it will acquire the remaining 25 per cent in Swiss e-bike platform SEMG.
Thu, Jun 01, 2023
Bajaj Auto sold 2,28,401 vehicles in the domestic market last month, as against 1,12,308 units in May 2022, according to a regulatory filing.
Wed, May 24, 2023
Mahindra & Mahindra (M&M) Q4 results: M&M reported a 22.1 per cent year-on-year increase in standalone net profit to Rs 1,549 crore for the quarter ended March 2023, missing analysts' estimates. Its revenue, however, grew 30.9 per cent to Rs 22,571.4 crore, which was higher than market expectations.
Wed, Apr 26, 2023
Maruti Suzuki India — the country's largest carmaker — on Wednesday announced a dividend of Rs 90 per share — a payout of 1,800 per cent given the face value of Rs 5 per share. This is the final dividend for the financial year 2022-23, which ended on March 31, 2023.
Tue, Apr 25, 2023
Bajaj Auto Q4 results: Bajaj Auto on Tuesday reported a standalone net profit of Rs 1,432.9 crore for the quarter ended March 2023, beating analysts' estimates. The auto maker's revenue grew 11.7 per cent on a year-on-year basis to Rs 8,904.7 crore, according to a regulatory filing.
Bajaj Auto Q4 results preview: Bajaj Auto is all set to report its financial results for the January-March 2023 period on Tuesday, April 25. According to Zee Business research, the auto maker — whose popular models include Pulsar, Discover and Dominar — is estimated to report a 6.6 per cent year-on-year drop in net profit to Rs 1,373 crore.
Mon, Apr 10, 2023
Tata Motors share price: The Tata group stock gained by as much as Rs 35.6 or 8.1 per cent to Rs 473.1 apiece after a double upgrade by Goldman Sachs to 'buy' from 'neutral'. The brokerage also raised its target price for the stock, by Rs 70 to Rs 550.
Thu, Apr 06, 2023
A voluntary retirement scheme (VRS) by Hero MotoCorp, India's largest two-wheeler manufacturer by volumes, could help the auto giant reduce its employee costs and improve efficiency, according to Prabhudas Lilladher analysts.
Tue, Jan 24, 2023
Maruti Suzuki shares jumped immediately after the earnings announcement, rising more than three per cent to Rs 8,681.3 apiece on BSE.
Mon, Jan 23, 2023
Bajaj Auto Q3 Results Preview: The auto major is all set to report its corporate earnings on January 25. The Pune-based auto major is likely to report a 12.4 per cent year-on-year increase in quarterly net profit to Rs 1,365 crore, according to Zee Business research.
Mon, Dec 26, 2022
Market expert Sanjiv Bhasin said that he is bullish on the Tata Group company and called it one of his favourites in the auto sector. He said that the company commercial vehicle sales are four times than what Ashok Leyland sells
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