Mon, Mar 04, 2024
Tata Motors business demerger: The demerger will be implemented through an NCLT scheme of arrangement, and all shareholders of TML shall continue to have identical shareholding in both of the listed entities.
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Tue, Feb 06, 2024
Ashok Leyland share price NSE: Ashok Leyland shares gained on Tuesday, February 6, after the truck and bus manufacturer reported a record set of quarterly results that easily exceeded Street estimates.
Tue, Jan 16, 2024
Maruti Suzuki India shares were in high demand on Dalal Street after a price hike announced by the auto major earlier took effect on Tuesday, January 16.
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.
Tue, Jun 20, 2023
Stocks such as Amber Enterprises and Subros zoomed on Tuesday after Union Minister Nitin Gadkari said trucks will need to have AC compartments for drivers.
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.
Tue, May 23, 2023
Ashok Leyland Q4 results: Hinduja group flagship Ashok Leyland reported a standalone net profit of Rs 751.4 crore for the quarter ended March, a fall of 16.6 per cent compared with the corresponding period a year ago. The auto major's net profit met analysts' estimates.
Wed, May 10, 2023
L&T’s consolidated revenue for FY23 stood at Rs 183,341 crore, recording a 17% Y-o-Y growth, aided by strong execution of a large order book in the Infrastructure Projects segment and robust momentum in the IT&TS portfolio.
Thu, May 04, 2023
The association noted that the buyers preponed purchases to March in order to avoid enhanced prices on account of stricter emission norms kicking in from April 1, 2023.
Tue, May 02, 2023
Automakers Maruti Suzuki India and Tata Motors reported a double-digit increase in dispatches to dealers in April as the demand remained robust, especially for the sports utility vehicles.
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.
Wed, Apr 05, 2023
Some consolidation after the recent surge is likely in the market as we’ve almost reached closer to the immediate target of 17,600 in Nifty, Ajit Mishra, VP - Technical Research, Religare Broking said.
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