The optimism around Q1 earnings is shifting from large caps to midcaps. Following a five-week breather near the all-time high, the Midcap Index regained momentum, said ICICI Securities.
Capacity additions and healthy demand should fuel volume growth even as cost pressures weigh on margins
M&M, which manufactures SUVs and modern electric vehicles like the Scorpio-N, XUV700, and Thar, will post its Q1 FY27 results on Thursday, July 30.
While near-term uncertainties surrounding the monsoon, crude oil prices and geopolitical developments persist, auto sector's growth outlook is increasingly being driven by structural demand.
Exports, premium motorcycles and electric vehicles drove strong June-quarter earnings, while management commentary points to sustained momentum despite cost pressures
Bajaj Auto to raise annual production capacity to over 9 million vehicles
OEM revenue is expected to rise 22-29 per cent in Q1FY27, led by strong vehicle demand, exports and premiumisation, while higher input and freight costs are likely to squeeze margins
Trend leads to more women being employed on vehicle assembly lines
India's automotive sector recorded its lowest quarterly deals transaction volumes in three years at a total of USD 717 million in Q2 2026, according to Grant Thornton Bharat's latest Automotive Dealtracker. In Q2 2026 deal values remained largely strong despite transaction volumes falling to their lowest quarterly level since Q2 2023, Grant Thornton Bharat said in a statement. India's automotive sector recorded 20 overall deals worth USD 717 million in Q2 2026, it added. Overall deal values declined marginally by 4 per cent quarter-on-quarter, as capital remained concentrated in a few high-value transactions across mobility platforms, automotive technology and public market fundraises, it added. "While deal activity slowed during the quarter, investment remained focused on businesses driving the future of mobility," Grant Thornton Bharat Partner and Auto & EV Industry Leader, Saket Mehra said. He further said ,"We are seeing continued interest in EVs, mobility platforms and ...
Volkswagen's CEO indicated in comments published Sunday that he's trying to avoid closing plants as he seeks to turn around the automaker's performance. The Wolfsburg, Germany-based company faces pressure to cut costs at home and increasingly intense competition in the lucrative Chinese market, in particular. Last week, Volkswagen said its "fundamental realignment" over the past three years had reached its next phase, announcing plans to streamline the model lineup by up to half. It didn't provide specifics, and questions remain over how else it will cut costs. There has been renewed speculation about the future of several plants in Germany. "There are more intelligent solutions than closing plants," CEO Oliver Blume told the Bild am Sonntag newspaper. He added that a cost-cutting program in Germany already is producing effects. "We were able to improve our factory costs in Germany by an average 20 per cent last year alone," he said, describing that as "strong progress." Blume ar
The company had been manufacturing seat recliners since 2022, but is now expanding to manufacture complete seating systems.
Q1FY27 earnings preview: VK Vijayakumar of Geojit Investments believes that Q1 will be subdued, impacted by the energy crisis.
The performance was driven by robust domestic demand, higher vehicle production, sustained investments in capacity and technology, and steady export growth
The Centre has asked automakers to audit connected vehicle software and battery systems after security flaws exposed electric vehicles to remote hacking risks
According to FADA, the share of electric vehicles in overall two-wheeler sales rose to 10.6 per cent, hitting the double-digit mark for the first time.
Strong overseas demand and easing shipping disruptions sustain export momentum
Prime Minister Narendra Modi and Japanese Prime Minister Sanae Takaichi inaugurated Maruti Suzuki's Kharkhoda plant, which is set to scale up to 1 million units annually
Two-wheeler maker Hero MotoCorp on Wednesday reported a 2.3 per cent decline in total dispatches to dealers at 5,41,159 units in June as compared to 5,53,963 units in the same month last year. Domestic sales were down at 5,02,890 units last month as against 5,25,136 units in the year-ago period, Hero MotoCorp said in a regulatory filing. Exports were, however, up at 38,269 units as compared to 28,827 units in the same month last year. Motorcycle sales in June were down at 4,78,701 units as compared to 5,12,658 units in the year-ago month, while scooter sales were up at 62,458 units as compared to 41,305 units in June 2025. VIDA, the company's emerging mobility business unit, delivered strong retail performance in June 2026 with 21,812 VAHAN registrations, growth of 185 per cent year-on-year, it added. The company said it posted a 23 per cent year-on-year growth in dispatches to dealers at 16.8 lakh units in the first quarter of FY27, as compared to 13.67 lakh units in the year-ago
Renault India on Monday said it has started exports of its new Duster SUV, with the first shipment leaving for South Africa. The first shipment of 750 vehicles departed from Chennai to South Africa, marking the beginning of Renault India's export programme for the new Duster, with additional international markets planned in the coming months, the company said in a statement. Commenting on the start of exports of the new Duster, Renault Group India CEO Stephane Deblaise said it is a strong validation of the quality, capabilities, and competitiveness of the company's operations in Chennai. "It reflects the progress we have made in building India into an integral part of Renault's global industrial footprint," he added. As Renault continues to expand its international footprint, Deblaise said, "India will play an increasingly strategic role in our future plans. We remain committed to contributing to the country's manufacturing ambitions and are working towards our objective of generat
India's ethanol shift promises lower imports and support for farmers, but older vehicles and the informal repair network may carry the first consumer-level costs in coming years