Page 11 - Auto Stocks
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.
 "Mahindra & Mahindra rallies 6%, nears record high on solid Q3 performance")
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.
 "Rate sensitive shares trade mixed post RBI policy; SBI surges 6%")
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.
 "Tata Motors hits new high, surges 7% on robust December quarter results")
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.
 "Maruti Suzuki Q3: Analysts expect profitability to weaken QoQ; here's why")
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.
 "Bajaj Auto hits new peak, gains 4% in weak market on healthy Q3 results")
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.
 "Tata Motors becomes 3rd Tata group firm to cross Rs 3-trillion market cap")
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.
 "Olectra Greentech surges 23% in one week on healthy business outlook")
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.
 "Stock of this auto ancillary company has zoomed 40% in 4 trading sessions")
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.
 "This Sensex, Nifty50 stock from Tata Group has zoomed over 100% in 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.
 "Sensex ends 304 pts up, Nifty tests 21,000 as RBI leaves rates untouched")
Nifty hits new all-time high: Here's a look at stocks that drove the rally
Nifty hits fresh record high: Since September 15, automobile and energy linked stocks have outperformed the markets
 "Nifty hits new all-time high: Here's a look at stocks that drove the rally")
TMS Ep574: Crypto exchanges, Hardik Pandya and IPL, auto stocks
Are crypto exchanges proving sceptics right? What is the importance of being Hardik Pandya? Is it time to sell passenger vehicle stocks? What are crypto exchanges and how do they work? Answers here
 "TMS Ep574: Crypto exchanges, Hardik Pandya and IPL, auto stocks")
Bharat Forge option trading strategy: Deploy a bull spread for Dec expiry
Nandish Shah of HDFC Securities recommends to Buy Bharat Forge 1130 CALL and simultaneously sell 1180 CALL of the November series.
 "Bharat Forge option trading strategy: Deploy a bull spread for Dec expiry")
TMS Ep574: Crypto exchanges, Hardik Pandya and IPL, auto stocks
Are crypto exchanges proving sceptics right? What is the importance of being Hardik Pandya? Is it time to sell passenger vehicle stocks? What are crypto exchanges and how do they work? Answers here
Healthy outlook, upcoming Tata Tech listing lifts Tata Motors to new high
Tata Motors is looking at a strong second half (H2FY24E) and beyond due to improvements in all 3 business verticals.
From Bajaj to TVS, two-wheeler makers hit full throttle on growth prospects
While demand woes continued to plague the export market, growth was largely on the back of domestic demand
 "From Bajaj to TVS, two-wheeler makers hit full throttle on growth prospects")
Hero MotoCorp hits 33-mth high, soars 15% in 9 days on record festive sales
Last week the company said it recorded highest-ever festive sales, clocking more than 1.4 million units in retail sales during the 32-day festive period.
 "Hero MotoCorp hits 33-mth high, soars 15% in 9 days on record festive sales")
TMS Ep545: Aakash & Byju's, cricket in Olympics, auto stocks, civil union
Can Aakash save Byju's? What does inclusion of cricket in the Olympics mean? How to play the auto theme this festive season? What is a civil union? All answers here
 "TMS Ep545: Aakash & Byju's, cricket in Olympics, auto stocks, civil union")
Bajaj Auto surges 5%, hits record high in weak market on healthy Q2 margin
Bajaj Auto said the margin in Q2 was driven by better realisation and a richer product mix, which more than covered the drag arising from investments on growing electric scooters.
 "Bajaj Auto surges 5%, hits record high in weak market on healthy Q2 margin")
Bajaj Auto zooms 5% to hit new high, tops Rs 5000 on BofA's double-upgrade
Thus far in the calendar year 2023, the stock price of Bajaj Auto has appreciated by 41%, as compared to a 10.7% rise in the S&P BSE Sensex and a 27.7 per cent surge in the S&P BSE Auto index
 "Bajaj Auto zooms 5% to hit new high, tops Rs 5000 on BofA's double-upgrade")