On the bourses at 2:05 PM, Hyundai Motor India share price was trading 1.31 per cent higher at 2,302.50. By comparison, BSE Sensex was trading 0.48 per cent lower at 84,370.08 levels.
On the bourses around 11:00 AM, TVS Motor share price was trading 0.27 per cent higher at ₹3,609.65 per share. In comparison, BSE Sensex was trading 0.33 per cent lower at 84,279.72 level.
But margins may have lost traction due to higher discounts, ad spends
Downside risks from rare-earth magnets an overhang for the sector
The key focus during M&M's Q4FY25 results, analysts believe, will be the demand outlook and new product timeline
The key focus during TVS Motor Company's Q4FY25 results, analysts believe, will be the e-mobility initiatives and demand outlook
The key focus during Maruti Suzuki's Q4FY25 results, analysts believe, will be the demand outlook and new product timeline
Domestic brokerages expect Hero MotoCorp to show strong year-on-year (Y-o-Y) growth in revenue and profitability, driven by volume increases, improved realisations, and a favourable product mix
Analysts are optimistic about major revenue growth for Bajaj Auto, driven by robust volume increases and effective pricing strategies.
Maruti Suzuki Q1 2024 results: Investors will eye margin trajectory amid commodity pressures, elevated discounting.
Analysts anticipate robust double-digit revenue growth driven by ongoing volume recovery, particularly in rural areas.
Bajaj Auto Q2: Brokerages tracking the company expect it to report a double digit sequential growth in net profit on the back of healthy volume-based sales during the quarter
As for the bottom-line, Sharekhan pegs net profit for the major automakers to drop by around 8 per cent while Prabhudas Lilladher expects a much larger 26 per cent dip
Most of the auto stocks over the past month has corrected significantly and is off their peak valuations