NEWS ON AUTO
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April 16, 2021, Friday
Maruti Suzuki hikes price of selected models, others may follow suit
Raw material prices are hardening with the full impact of cumulative increases set to be felt in Q3 and Q4 of this financial year
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April 16, 2021, Friday
Bajaj puts brakes on bookings of e-scooter Chetak due to high demand
Attributes move to supply chain uncertainties, receives 'overwhelming' response for model
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April 15, 2021, Thursday
Bajaj Auto halts Chetak bookings within 48 hrs, cites supply issues
Bajaj's maiden electric scooter, which went on sale in Jan 2020, hasn't been able to align production with demand due to Covid-induced supply ...
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April 15, 2021, Thursday
Eicher Motors shares skid 4%, hit over 3-month low
In past three months, the stock declined 16 per cent, against 1.5 per cent fall in the S&P BSE Sensex.
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April 15, 2021, Thursday
S Korea's SsangYong Motor in receivership as owner M&M fails to find buyer
SsangYong applied to the court in December for receivership after it defaulted on a loan repayment
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April 15, 2021, Thursday
Nifty pullback can extend till 14,700: Vinay Rajani of HDFC Securities
Longs should be protected with the stoploss of 14,275 in Nifty
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April 15, 2021, Thursday
Fag-end buying lifts Sensex 260 pts, Nifty tops 14,550; Infosys dips 2.5%
Overall, the Nifty Bank, Pharma, Metal, IT, Financial Services, and Private Bank indices ended up to 1.4 per cent higher
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April 15, 2021, Thursday
Apollo Tyres forays into truck and bus tyre segment in US, Canada
Apollo Tyres on Wednesday announced its foray into the truck and bus tyre segment in the US and Canada, following the launch of its passenger ...
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April 14, 2021, Wednesday
Weak product cycle could lead to further market share loss for Maruti
Higher commodity prices could worsen its margin profile
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April 13, 2021, Tuesday
RIL, Voda Idea, Escorts: These 38 stocks breached 200-DMA amid market crash
If the indices fail to reverse the downward trend, these stocks may further plunge up to 10 per cent
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April 12, 2021, Monday
Financials, auto, realty stocks dip as daily Covid-19 cases hit new peak
India recorded a massive surge of 1.69 lakh Covid-19 cases in the last 24 hours
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April 12, 2021, Monday
Escorts, Schneider Electric: Two stocks that Vaishali Parekh is bullish on
The chart of Escorts looks attractive with the RSI also improving the bias and indicating a trend reversal to signal a buy
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April 09, 2021, Friday
Stocks to watch: Airtel, Srei Infrastructure, Ashok Leyland, Infosys
Arindam Haldar has resigned as Chief Executive Officer of Thyrocare Technologies, for personal reasons
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April 08, 2021, Thursday
Hero MotoCorp to bear coronavirus vaccination cost of its workforce
The country's largest two wheeler maker Hero MotoCorp on Thursday said it will cover the Covid-19 vaccination cost of its workforce, including ...
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April 08, 2021, Thursday
Ashok Leyland to set up green arms; stock rallies 7%, nears 52-week high
The first unit -- Switch Mobility Automotive Ltd -- is being formed to carry on the electric vehicle strategy in India and forms part of its ...
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April 07, 2021, Wednesday
Vehicle scrapping: M&M inks agreement with Mahindra MSTC Recycling
Mahindra MSTC is into acquiring used/end-of-life vehicles for dismantling and scrapping. The pact will enable M&M customers to get a hassle free ...
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April 07, 2021, Wednesday
Rate-sensitive stocks trade firm as RBI keeps key policy rates unchanged
At 10:52 am, Nifty PSU Bank, Nifty Auto and Nifty Realty indices were trading higher in the range of 1 per cent to 1.5 per cent on the NSE
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April 06, 2021, Tuesday
Investors bet on FMCG, pharma amid Covid-led restrictions; Sensex up 42 pts
The broader markets, however, braved the volatility and settled higher. The S&P BSE MidCap and SmallCap indices added 1 per cent and 0.8 per ...
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April 05, 2021, Monday
Stocks to watch: Tata Motors, RIL, Adani Enterprises, Britannia, SAIL
MCL, a subsidiary of Coal India Ltd, on Friday said it has posted a record production of148.01 million tonne and achieved the highest-ever ...
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April 05, 2021, Monday
Bull spread strategy on Apollo Tyres by Nandish Shah of HDFC Securities
The stock price has broken out on the daily line chart where it closed at highest level since March 12 with higher volumes
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April 02, 2021, Friday
Slowing entry segment volumes may derail Hero MotoCorp's sales trajectory
While overall two-wheelers sales are down, what is hurting Hero MotoCorp is that the slowdown is impacting the entry and executive segments the ...
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April 02, 2021, Friday
Low base, recovery in demand drive March auto sales into fast lane
Maruti Suzuki, India's largest carmaker, reported a near 100 per cent jump in sales in March at 167,014 units against just 83,792 units last
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April 01, 2021, Thursday
Major auto firms log robust sales in March on pent up demand
Leading automakers Maruti Suzuki, Hyundai and Tata Motors on Thursday reported robust sales in March as a shift towards personal mobility and ...
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April 01, 2021, Thursday
We made significant progress in bolstering our balance sheet: Onkar Kanwar
The strategy going forward is really to sweat our assets and get our utilisation levels to reach 90-95% in all our plants, said Kanwar
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April 01, 2021, Thursday
Sensex starts FY22 with a 521-pt gain, ends above 50K; Metals, PSBs shine
The overall market breadth was in the ratio of 1:3 in the favour of advances
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March 31, 2021, Wednesday
TVS Motor exports 100,000 two-wheeler units in March, calls it milestone
TVS Motor does business in more than 60 countries and its key exports include the TVS Apache.
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March 31, 2021, Wednesday
Demand revival, higher realisations and export growth to help Wabco India
One of the key reasons that Wabco India would rank higher compared to other auto component firms is the lower impact from new technology ...
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March 31, 2021, Wednesday
Dead cat bounce: All you need to know about this golden opportunity
A dead cat bounce suggests that more weakness is likely to emerge in the near term
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March 31, 2021, Wednesday
Top trading ideas by Ajit Mishra of Religare Broking: Buy Biocon, TVS Motor
The favorable indication from the pharma index is added positive for Biocon's stock
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March 31, 2021, Wednesday
Sensex dips 627 pts as investors book profit on last trading day of FY21
The S&P BSE Sensex and Nifty50 have rallied 68 per cent and 70.8 per cent, respectively in FY21
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March 30, 2021, Tuesday
Top headlines today: Misty's exit valuation, auto aftermarket, and more
Here are the top business headlines on Tuesday morning
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March 30, 2021, Tuesday
TVS Automobile Solutions revs up for the automobile aftermarket
With the acquisition of Mahindra First Choice, the subsidiary is driving its pan-India presence with tech solutions and tie-ups
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March 29, 2021, Monday
Car buyers in India moving up value chain despite salary cuts, job losses
Maruti Suzuki India (MSIL), the market leader, has seen the contribution of mid- and top-end variants as the percentage of a model's sales mix ...
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March 26, 2021, Friday
Tata Group shares rally as Supreme Court rules in favour of Tata Sons
The SC ruled in favour of Tata Sons, allowing its appeals and dismissing the Pallonji Group's plea
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March 26, 2021, Friday
Tata-Mistry battle: Here's how to trade Tata group stocks post the verdict
The Supreme Court ruled in favour of Tata Sons in the Tata vs Mistry case, bringing quietus to the half-decade old legal battle which started in ...
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March 26, 2021, Friday
Wabco India hits 20% upper circuit on strong response to OFS
The promoter group intends to reduce its stake in WIL from 93.1 per cent to 75 per cent post the OFS
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March 26, 2021, Friday
Bear spread strategy on Maruti Suzuki by Nandish Shah of HDFC Securities
Short build-up was seen in the Maruti Futures' where we have seen 69 per cent (prov) rise in the Open Interest with price falling by 4 per cent
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March 26, 2021, Friday
Bulls beat bears after 2 days; Sensex gains 568 pts, Nifty tops 14,500
Bajaj Finserv, Asian Paints, HUL, Titan Company, Bajaj Auto, and HDFC were leading the list of gainers on the Sensex, up between 2.7 per cent ...
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March 26, 2021, Friday
India Inc's earnings recovery signals double-digit growth in next 2 years
The latest trend is in sharp contrast to the sombre mood in corporate board rooms at the end of FY20, when India was in the middle of one of the ...
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March 25, 2021, Thursday
Wabco India slips 10% as promoter begins to offload stake via OFS
The floor price has been fixed at Rs 5,450 a share, an 11 per cent discount to Wednesday's closing price of Rs 6,102 apiece on the BSE
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March 25, 2021, Thursday
Craftsman Automation makes weak market debut, lists at 9% discount
The IPO of Craftsman Automation had received decent response from the investors
