The Nifty Auto index has declined nearly 3% in the last two trading sessions amid a fresh spike in Brent oil prices owing to the US-Iran standoff.
Car market leader Maruti Suzuki India Ltd on Thursday said it clocked its highest-ever annual production volume of 23.4 lakh units in FY 2025-26. The feat makes the company the only passenger vehicles manufacturer in India to achieve such record production volume as per SIAM data, Maruti Suzuki India Ltd (MSIL) said in a statement. The company has also become the only firm among Suzuki Motor Corporation's global automobile manufacturing facilities, to achieve this landmark volume, it added. Commenting on the record, MSIL Managing Director & CEO Hisashi Takeuchi said very few companies across the world have been able to manufacture such large volumes in a single country. "This achievement is the outcome of a carefully nurtured automobile ecosystem built over four and a half decades. At its foundation lies the mutual trust and long-standing collaboration that we share with our employees, vendor and dealer partners," he said. This ecosystem supported by the current government's ...
R C Bhargava, Maruti Suzuki chairman, said production was likely to hit 500,000 cars in FY27
Maruti Suzuki phases out Ignis amid weak demand, even as strong bookings and production constraints lead to supply shortages in Wagon R and S-Presso models
Q4 results today: Shares of ICICI AMC, Swaraj Engines, Just Dial Ltd, among others, will be in focus ahead of their quarterly earnings announcement today.
Most brokerages expect healthy earnings growth across auto original equipment manufacturers (OEMs) and ancillary players on both a year-on-year (Y-o-Y) and quarter-on-quarter (Q-o-Q) basis
Maruti Suzuki India Ltd is aiming to scale up its service network to around 8,000 touchpoints by FY 2030-31, its Managing Director & CEO Hisashi Takeuchi said on Friday. The company added 502 new service touchpoints in FY 2025-26, Maruti Suzuki India Ltd (MSIL) said in a statement. "As our customers are spread across the nation and their requirements continue to evolve, we are continuously innovating and expanding our service touchpoints... Currently, we have 5,926 touchpoints, and we aim to expand this network to around 8,000 touchpoints by FY 2030-31," Takeuchi said. Noting that for a car customer, nothing gives more comfort than knowing that they can easily find a service touchpoint and spare parts whenever and wherever they need them, he said the company's service touchpoint is always within reach. Customers can visit a workshop, opt for doorstep service, get their vehicle serviced at locations they frequently visit, or seek service support during a road trip, Takeuchi ...
Brokerage analysis suggests that auto pack delivered a strong performance in March 2026; however, they flagged demand risks going ahead
The carmaker, majority-owned by Japan's Suzuki Motor, said it has not faced any supply disruptions, but acknowledged potential disruptions in the future
Elara said the Nifty50 is currently trading at around 17.3 times one-year forward earnings, nearly 7 per cent below its 10-year average of 18.6 times, placing it in a historical 'bounce zone'
Maruti Suzuki India Ltd on Wednesday said it plans to scale up rail-based vehicle dispatches to 35 per cent by FY31, up from the current 26 per cent. The company's Manesar in-plant railway siding has reached 1 lakh vehicle dispatches since the start of operations in June 2025, the company said in a statement. It has resulted in an estimated avoidance of 16,800 metric tonnes CO2e (carbon dioxide equivalent), it added. "In CY 2025, the company set a record by dispatching over 5.85 lakh vehicles through railways. Interestingly, in the past decade, our share of rail mode in outbound logistics has grown exponentially, from 5 per cent in 2016 to 26 per cent in 2025," Maruti Suzuki India Managing Director & CEO, Hisashi Takeuchi said, Further, he said, "We aim to scale up rail-based vehicle dispatches from the current 26 per cent to 35 per cent by FY 2030-31, in line with our commitment to build efficient and sustainable logistics and contribute to India's net-zero ambition." The ...
Maruti Suzuki India will invest Rs 10,189 crore to set up the first phase of its Khoraj plant in Gujarat, with a capacity of 250,000 units per annum by 2029
If the current geopolitical situation persists that results in supply chain disruptions and firm commodity prices, CLSA expects 30-40 per cent cuts to auto sector's FY27 earnings.
Among Nifty Auto constituents, Samvardhana Motherson International, Bharat Forge, and Ashok Leyland slipped over 4 per cent each
The Nifty Auto Index has corrected approximately 10 per cent year-to-date (Y-T-D), compared to Nifty's 9 per cent decline
Maruti Suzuki India (MSI) on Tuesday said it has received a draft assessment order worth Rs 5,786.4 crore from the income tax authority and the company will challenge the order. "The company has received a Draft Assessment Order for FY 2022 23 wherein certain additions / disallowances amounting to Rs 57,864 million with respect to returned income has been proposed," the carmaker said in a BSE filing. MSI will file its objections before the dispute resolution panel, it stated. There is no impact on financial, operation or other activities of the company due to this order, it added. Maruti Suzuki shares settled at Rs 12,993.55 apiece, up 1.88 per cent on BSE.
Rising input costs, export risks to the Middle East and fears of gas supply disruptions weigh on Indian auto stocks amid the escalating Iran conflict
Among others, Bharat Forge, TVS Motor, and Tata Motors Passenger Vehicles slipped over 3 per cent
Overall, MOFSL expects Maruti Suzuki India to post a 16 per cent earnings CAGR over FY25-FY28E, and has set a target price of ₹17,406 per share
Auto stock: Individually, among others, Hero MotoCorp, TVS Motor Company, Samvardhana Motherson International, Sona BLW Precision Forgings, Uno Minda, and Ashok Leyland climbed over 3 per cent