Emkay analysts believe a possible US recession from tariffs could reduce Nifty's FY26 earnings by 3 per cent, potentially derating the index to 21,500 in the near-term.
Industry observers say the tariff impact on Indian auto sector would be minimal, though some impact could be seen on auto component industry
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
According to analysts at Nuvama, the tractor industry volumes are expected to grow in double digits, with an approximately 16 per cent Y-o-Y increase in the domestic market
According to data released by the Society of Indian Automobile Manufacturers (SIAM), PV wholesales reached an all-time high for February, hitting 377,689 units, a 1.9 per cent increase from the same m
PVs dip 10% in Feb; M&M breaks into number two spot for first time
Firodia talked about his plans for the EV-components business, and the components business at large for the group
The company, one of the few in the sector to have maintained its targets last year, reported operating profit of 4.3 billion euros ($4.49 billion), up 3.5 per cent on the previous year
The mobility industry is evolving fast, and AI is playing a game-changing role! In this episode of Manager’s Mantra, we discuss all of it with Hiroshi Nishijima, CEO of Zoomcar.
On the export front, car exports saw nearly a 13 per cent drop year-on-year (Y-o-Y), while utility vehicle (UV) exports went up by around 61.5 per cent in January
In December, Nissan and Honda announced plans to merge, an outgrowth of talks they had been holding since March 2024, when they said they were looking to cooperate on technology
The M&M share price has jumped about 4.36 per cent in 2 days, including today's gain, on the back of strong Q3 results and outlook
A deal would have created one of the world's biggest carmakers, giving the combined company the scale it needs to compete with EV makers
Bajaj Auto is gearing up to enter the domestic e-rickshaw segment by the end of this fiscal to tap a 'sizable opportunity' in a fast-growing but highly unorganised market, according to a top company official. The company expects to get regulatory clearances towards the end of the ongoing quarter for its e-rickshaw that will enable it to enter the segment which is about 45,000 units a month, Bajaj Auto Executive Director Rakesh Sharma told analysts. "By the end of this financial year, we also intend to launch a modern 'e-rick', which will set an absolutely new standard in the segment and bring a very high level of satisfaction to both owners and passengers. The e-rick segment is almost as large as the auto segment and the new e-Rick should generate new business, he said. When asked for the exact timeline, Sharma said, "We expect to launch the e-rick by the end of this quarter, let's say, by the end of the FY25 fiscal. By the time all the permissions are through, it may just spill ov
The company also posted a strong revenue growth of 17 per cent at Rs 41,470 crore
All segments begin year well, 46% of automobile dealers expect growth: Fada
Hero MotoCorp is expected to report a steady performance for Q3FY25, with revenue growth driven by higher average selling prices (ASPs) rather than volume growth, analysts said
Despite the strong export performance, the overall Q3 results were seen as somewhat lacklustre, leading to mixed reactions from brokerages
On the bourses, at 12:45 PM, Maruti Suzuki share was trading 0.21 per cent lower at Rs 11,965.15 per share. In comparison, BSE Sensex was trading 1.01 per cent higher at 76,128 levels
The company's consolidated revenue from operations for the quarter ended December 31, 2024, stood at Rs 1,441.12 crore