Page 14 - Auto Stocks
TVS Motor gains 3% in weak market on stable Q3 performance
Domestic demand is expected to improve sequentially in 4Q, supported by better rural market sentiment on the back of strong rabi crop sowing and higher MSPs.
 "TVS Motor gains 3% in weak market on stable Q3 performance")
Weak volumes may contract Bajaj Auto's Q3 revenues up to 13% QoQ: Analysts
Bajaj Auto Q3 preview: As per brokerage estimates, the auto major is expected to report marginal improvement in EBITDA margins on a sequential basis to 17.4 per cent in Q3FY23
 "Weak volumes may contract Bajaj Auto's Q3 revenues up to 13% QoQ: Analysts")
Tata Motors gains 4% on heavy volumes; stock surges 12% in one month
Tata Motors and its wholly-owned subsidiary JLR to report December quarter results on Wednesday, January 25, 2023.
 "Tata Motors gains 4% on heavy volumes; stock surges 12% in one month")
No near-term boost likely for auto stocks from Expo 2023, say analysts
Analysts, however, believe investors may adopt 'buy on dips' strategy for the pack as overall sales growth is expected to remain steady going forward
 "No near-term boost likely for auto stocks from Expo 2023, say analysts")
CLSA upgrades Tata Motors to 'Buy' after JLR wholesales jump 15% YoY in Q3
Shares of Tata Motors surged 7 per cent in Tuesday's intra-day trade to hit a high of Rs 417.7 apiece
 "CLSA upgrades Tata Motors to 'Buy' after JLR wholesales jump 15% YoY in Q3")
JBM Auto hits over 7-month high in a volatile market; rises 26% in 2 weeks
In the past two weeks, it has rallied 26 per cent in an otherwise volatile market. In comparison, the S&P BSE Sensex was down 3 per cent, during the same period
 "JBM Auto hits over 7-month high in a volatile market; rises 26% in 2 weeks")
Equity benchmarks slip for third day, Sensex finishes below 61,000 mark
Surrender early gains; banks, automotive stocks among biggest losers
 "Equity benchmarks slip for third day, Sensex finishes below 61,000 mark")
Maruti Suzuki slips 3%, hits over 5-month low
The taxes on motor vehicles in India have historically been among the highest in the world and need to be rationalised, MSIL Chairman RC Bhargava said at an event on Monday.
 "Maruti Suzuki slips 3%, hits over 5-month low")
Manufacturing sector companies outperform on the bourses in 2022
But it remains a laggard on the bourses over the past decade
Stocks to Watch: Auto, Voda Idea, Axis, IDBI Bank, Dabur, Spandana Sphoorty
Stocks to Watch Today: Markets to track Gujarat, Himachal Pradesh assembly results. Shares of rate sensitive sectors to be in focus as RBI policy signals likely further rate hikes.
 "Stocks to Watch: Auto, Voda Idea, Axis, IDBI Bank, Dabur, Spandana Sphoorty")
Realty, auto stocks losers as indices give mixed response to rate hike
Subdued Asian markets and continued selling by foreign investors further weighed on investor sentiment, traders said
Rate sensitive shares trade mixed as RBI hikes repo rate by 35 bps to 6.25%
At 10:35 AM; Nifty Bank, Nifty Financial Services, Nifty PSU Bank and Nifty Private Bank indices were up in the range of 0.10% to 0.90%; while Nifty Auto and Nifty Realty indices slipped up to 0.2%.
 "Rate sensitive shares trade mixed as RBI hikes repo rate by 35 bps to 6.25%")
Stocks to Watch: HDFC AMC, Voda Idea, IDBI Bank, Bikaji, Axis, ICICI Bank
Stocks to Watch Today: Shares of rate sensitive sectors such as auto, banks, NBFCs and real estate are likely to be in focus owing to the RBI policy announcement on Wednesday.
 "Stocks to Watch: HDFC AMC, Voda Idea, IDBI Bank, Bikaji, Axis, ICICI Bank")
TVS Motor dips 3% after 2.6 million shares change hands on BSE
At 09:15 am, around 2.6 million or 0.55 per cent holding of the company changed hands at the counter on the BSE, the exchange data shows.
 "TVS Motor dips 3% after 2.6 million shares change hands on BSE")
Auto shares trade weak post November sales; Eicher, M&M down up to 3%
M&HCV segment witnessed mixed performance while LCV segment witnessed near double digit de-growth leading to overall de-growth in CV space.
 "Auto shares trade weak post November sales; Eicher, M&M down up to 3%")
Stocks to Watch: PB Fintech, NMDC, Axis Bank, Yes Bank, ONGC, Auto, Airline
Stocks to Watch Today: SoftBank Group is likley to sell a 5 per cent stake in PB Fintech via block deal at a base price of Rs 440 per share on Friday.
 "Stocks to Watch: PB Fintech, NMDC, Axis Bank, Yes Bank, ONGC, Auto, Airline")
TMS Ep311: India's FDI Inflows, Second-hand Car, Auto Stocks, India Stack
What's behind the fall in India's FDI inflows? Why is the second-hand car market running in top gear? Will the rally in auto stocks pause after the festive boost? What is India Stack? All answers here
 "TMS Ep311: India's FDI Inflows, Second-hand Car, Auto Stocks, India Stack")
Will low exports pause the rally in auto stocks?
Easing chip shortage helped auto sales touch the 1 million-mark in Q2. As demand entered a slow lane amid weak exports in October, the rally in auto shares lost its steam. Will this trend continue?
 "Will low exports pause the rally in auto stocks?")
Stock of this auto ancillary company has doubled in just 5 months
Shares of Fiem Industries hit a new high at Rs 2,024.95, and have rallied 22% in the past two days after the company reported 54% YoY jump in its consolidated net profit.
Tata Motors only loser among auto stks in 2022. Can it recover lost ground?
Within the auto sector, TVS Motors has soared 79 per cent far this year. Mahindra & Mahindra and Eicher Motors were the other major gainers.
 "Tata Motors only loser among auto stks in 2022. Can it recover lost ground?")
