Page 10 - Auto Stocks

Auto, tyre shares on a roll; Nifty Auto, M&M scale new highs; here's why

Auto, tyre stock update: Shares of auto and tyre makers rallied up to 5 per cent in intra-day deals on Tuesday, lifting the Nifty Auto index to a new all-time high on upbeat outlook.

Maruti Suzuki Q4 preview: Profit may soar up to 56% YoY on robust sales mix

Maruti Suzuki Q4 preview: Maruti Suzuki India may also see a solid Ebitda margin expansion on falling commodity prices, analysts said

Stocks to Watch, April 1: Auto, Zomato, ZEE, RVNL, NHPC, Infy, Garden Reach

Stocks to Watch on Monday, April 1, 2024: Zomato has received a tax demand and penalty worth Rs 23.26 crore from Karnataka tax authorities

Maruti Suzuki market cap crosses Rs 4 trillion; stock jumps 4%

The stock has zoomed 31 per cent in the last two months after Suzuki Motor Corporation said it plans to invest up to Rs 35,000 crore to set up its second manufacturing facility in Gujarat.

This auto ancillary stock surged 14% on Monday on healthy outlook

Shares of Gabriel India recovered 27 per cent from their recent lows. They had tanked 37 per cent from the 52-week high level of Rs 440, touched on December 6, 2023

Tata Motors demerger: Stock can potentially rally another 27%; hints chart

The stock Tata Motors has so far rallied 32 per cent in 2024, and a solid 145 per cent in FY24. Charts suggest that the bias is likely to remain bullish as long as the stock trades above Rs 975.

M&M hits new high on strong Feb auto sales; soars 20% in 1 month

The company reported a healthy 24 per cent YoY growth in total auto sales at 72,923 vehicles for the month of February 2024.

Stocks to watch: Paytm, Tata Group, Airtel, Biocon, Suven, Vedanta, L&T

Stocks to watch on March 1, 2024: L&T has commissioned its first hydrogen electrolyser at the green hydrogen plant at Hazira, Gujarat

Stock of this auto company has zoomed over 80% in past 18 trading sessions

Force Motors hit a new high of Rs 6,100 in intra-day trade on Tuesday and has rallied 38% in four days after the has admitted the equity shares of the company to dealings on the exchange from Feb 14.

M&M hits new high, up 12% in 2 days; strong Q3, Volkswagen deal aid buying

M&M and Volkswagen have signed supply agreement on the use of key electric components of the German carmaker's open platform for electric vehicles (EVs).

Mahindra & Mahindra rallies 6%, nears record high on solid Q3 performance

The company said the automotive business continues to gain market share with SUV at 21.0% and LCV at 49.6%, and the farm market share has improved 80 bps to 41.8% despite a decline in the industry.

Rate sensitive shares trade mixed post RBI policy; SBI surges 6%

The Reserve Bank of India's Monetary Policy Committee (RBI MPC) on Thursday decided to keep the repo rate unchanged at 6.5 per cent for the sixth consecutive time.

Tata Motors hits new high, surges 7% on robust December quarter results

The auto major's Q3 net profit beat analyst estimates, growing by 137 per cent YoY to Rs 7,025 crore on favourable volumes, reduced costs on component sourcing with easing semiconductor chip supplies.

Maruti Suzuki Q3: Analysts expect profitability to weaken QoQ; here's why

Maruti Suzuki news: Analysts expect Q3 earnings to take a hit on a sequential basis on the back of adverse product mix and higher discounts offered during the December quarter.

Bajaj Auto hits new peak, gains 4% in weak market on healthy Q3 results

The two-wheeler major reported its highest-ever quarter revenue at Rs 12,114 crore and EBITDA at Rs 2,430 crore for the quarter ended December 2023.

Tata Motors becomes 3rd Tata group firm to cross Rs 3-trillion market cap

A combined market cap of Tata Motors (Rs 273,985 crore) and Tata Motors DVR (Rs 27,940 crore) touched Rs 3.02 trillion in intra-day trades on Tuesday.

Olectra Greentech surges 23% in one week on healthy business outlook

The company had said the strong demand continues with its net order book position of electric buses standing at 8,209 numbers after delivering 214 buses in H1.

Stock of this auto ancillary company has zoomed 40% in 4 trading sessions

Till 01:39 PM; a combined 9.7 million equity shares representing 2.9 per cent of total equity of NRB Bearings have changed had on the NSE and BSE.

This Sensex, Nifty50 stock from Tata Group has zoomed over 100% in 2023

Shares of Tata Motors hit a new high at Rs 801, and have zoomed 107 per cent so far in the calendar year 2023.

Sensex ends 304 pts up, Nifty tests 21,000 as RBI leaves rates untouched

Closing Bell on December 8, 2023: The BSE Sensex touched a high of 69,894, whil the Nifty hit a peak at 21,006. Infosys, HDFC Bank and ICICI Bank were the major movers on Friday.