The gap between car wholesales and retail registrations narrowed 45% Y-o-Y in September, as strong festive demand kept dealer inventories lower than last year despite increased dispatches.
The expanded partnership will combine Tata Motors' vehicle technology with Stellantis' engineering capabilities to develop India-made vehicles for more than 50 global markets
The expanded partnership adds advanced technology and vehicle architecture collaboration to the companies' existing manufacturing relationship
Final CAFE-3 rules drop the special 909-kg concession but soften targets for lighter cars through a revised formula, while tightening norms for heavier vehicles
Nifty Auto index decline 3 per cent to 25,507, hitting an over four month low on the National Stock Exchange in Thursday's intraday deal.
Car manufacturers will face revised emission targets from April 2027 as govt settles a long-running industry dispute
Tata Trusts, led by Chairman Noel Tata and holding 66% of Tata Sons, has proposed merging TESS and TCE with Tata Sons to help the holding company remain private and exit the RBI's NBFC/CIC framework.
ACC, Ambuja Cements, India Cements, Bank of Baroda, CESC, Britannia, Crompton Greaves Consumer, Havells, REC, PFC and UPL among others from the Nifty 500 index also touched 52-week lows on Monday.
Motherson Sumi Wiring India, India Cements, Wipro, Tata Elxsi, UPL, NSDL and Zensar Technologies were few of the other notable BSE 500 stocks that hit 52-week lows on Friday.
Tata Sons board approved extension of N Chandrasekaran's term as the executive chairman for another 5 years.
The ministry has also asked OEMs to make customers more aware of FFVs, as sales have not picked up to the expected level
Tata Chemicals, Tata Investment Corporation, Afcon Infrastructure, and Forbes & Company zoomed up to 20 per cent on the BSE in intra-day deals.
VinFast climbs to 4th, Hyundai's registrations more than double
Stocks to watch today: IT services major HCLTech said it had collaborated with chemicals and biotechnology company Wacker Chemie to set up its global capability centre (GCC) in Pune.
Third price increase this year comes amid rising input costs and sustained inflationary pressure
The Nexon EV maker said the price increase aimed to partially offset rising input costs and persistent commodity inflation amid continued geopolitical uncertainty
Heavyweights, including Tata Consultancy Services (TCS), Tata Steel, Tata Communications, Trent and Tata Motors Passenger Vehicles traded lower, with losses up to 6 per cent in some counters.
Tata Motors Passenger Vehicles on Thursday reported a 78.54 per cent decline in net profit to Rs 859 crore in the June quarter amid supply chain headwinds and persistent commodity pressure. The company had posted a net profit of Rs 4,003 crore in Q1FY26, according to a statement. Total revenue from operations for the reporting quarter, however, rose 9 per cent year-on-year to Rs 95,799 crore from Rs 87,677 crore in the first quarter of the preceding fiscal. During the quarter under review, JLR wholesales dropped 9.2 per cent year-on-year on account of temporary supply constraints, including a fire at a key component supplier, West Asia conflict and planned Jaguar wind-down, the company said. In addition to the impact of reduced volumes, JLR's YoY profitability was impacted as VMEs continued to remain elevated, partially offset by favourable structural costs. The domestic business delivered a strong revenue growth of 65 per cent YoY. However, elevated commodities and Forex moderate
A sentiment knock across the pack was the realistic expectation, said Anirudh Garg, Fund Manager and Partner, INVasset PMS, with the magnitude inversely proportional to succession clarity.
Virat Jagad, technical research analyst at Bonanza identifies key support and resistance levels in 5 prominent Tata group stocks amid Tata Sons chairman Chandrasekaran's resignation on Wednesday.