MRF, TVS Motor, Tata Motors, Maruti, Mahindra & Mahindra and Ashok Leyland from the Nifty Auto index have witnessed a 'Golden Crossover' in recent months; here's a detailed outlook.
Tyre stocks outlook: After a weak performance in FY25 - largely due to a sharp rise in input costs; analysts expect margins to gradually revive, aided by softening costs and focus on premiumization.
BPCL, HPCL, IOC, Asian Paints, and other downstream oil companies' stock surged, while ONGC, Oil India dropped after Brent crude oil slipped 5 per cent
BPCL, HPCL, IOC, Asian Paints and other downstream oil companies' stock fell, while ONGC, Oil India rose after Brent crude oil spiked 13 per cent
Short-term trading strategies in stocks - MRF, Apollo Tyres, Escorts Kubota, Deepak Nitrite and Ramco Cements - that will be excluded from the NSE F&O segment after the May expiry.
Technical charts indicate that shares of these 3 tyre-manufacturers can potentially rally up to another 19% from present levels; check details here
Tyre maker MRF reported 29.29 per cent YoY profit growth in Q4FY25 while FY25 net profit fell due to rising input costs; revenue rose 11.8 per cent for the full year
The BSE Auto index, the top gainer among sectoral indices, was up 1.3 per cent at 01:36 pm, as compared to 0.16 per cent decline in the BSE Sensex.
The tyre maker's stock rose as much as 4.8 per cent during the day to ₹1,41,500 per share
MRF Q4 FY25 result: The board of directors of the company proposed a final dividend of ₹229 per equity share
Q4 FY25 company results today: 50 companies will post earnings reports for the January-March quarter on May 7
The fall in auto stocks came after the US President Donald Trump, on Wednesday, announced that he would impose a 25% tariff on all cars imported into the US that are not manufactured domestically
Q3 company results, February 6: Hero Motorcorp, NMDC, PVR INOX, State Bank of India, JK Lakshmi Cement, and Apollo Tyres will release their reports for the Oct-Dec 2024 quarter
MRF Q3FY25 results: The board of directors announced a second interim dividend of Rs 3 per equity share (30%) for the financial year ending March 31, 2025
Shares of MRF, Astral, 3M India, Adani Wilmar, Godrej Properties, IDFC First Bank, Star Healthcare, Sona BLW and Procter & Gamble Hygiene from the BSE 200 index hit 52-week lows
MRF Vice-chairman about the company's growth strategy, export roadmap, and raw material price concerns, among others
PVR Inox, Lodha, Glaxo, MRF and Astral are trading in oversold zone. Technical charts show these stocks can gain up to 33% from present level, or fall by another 19%; here's why.
In one month, the BSE 500 index has underperformed the market by falling 8.1 per cent, as compared to the 6.5 per cent decline in the BSE Sensex during the period