Page 15 - Auto Stocks

Tata Motors slips 5% on Q2 earnings miss; brokerages divided on outlook

Improving chip supply and cooling commodity prices will aid revenue and margins recovery and hence aim to deliver strong improvements in EBIT and free cash flows in H2 FY23, the company said.

Atul Auto hits highest level since January 2020; stock zooms 58% in October

On October 4, the company's board approved preferential issue of Rs 115 crore worth of warrants to promoters and non-promoters of the company, including investor Vijay Kishanlal Kedia.

Indian shares rise as IT and automobile stocks boost, crude prices fall

The NSE Nifty 50 index rose 0.97% to 17,959.30 as of 0402 GMT, and the S&P BSE Sensex was 0.99% higher at 60,555.83.

Maruti Suzuki surges 8% in 2 days; stock nears record high on strong Q2FY23

The stock of automobiles major traded close to its record high level of Rs 10,000, which it had touched on December 20, 2017

Maruti Suzuki's Q2 suggests a big bounce for auto sector stocks

Revenue and net profit both were ahead of consensus estimates

TVS, Eicher Motors may be the best bets among two-wheeler stocks; check why

On the other hand, Bajaj-Auto and Hero Moto Corp need to adhere their key supports levels to keep the positive bias intact.

TVS Motor gains 4%, scales new summit on hopes of strong Q2 earnings

The company said it has had a robust start to the festive season and the demand is expected to further accelerate during the season.

Bajaj Auto gains 2% in a weak mkt after net profit climbs 20% YoY in Q2FY23

The management expects Q3 to be better than Q2 with supply chain visibility being much better

This auto stock zoomed 54% in 2 weeks on 5 mn warrants issue to Vijay Kedia

Shares of Atul Auto continued its northward movement and surged 12 per cent to hit 52-week high of Rs 289.55 apiece in Friday's intra-day trade

TVS Motor Company roars past Hero MotoCorp in market capitalisation

TVS has seen the highest earnings upgrades among auto makers over the last few months

Auto, retail, BFSI favorable investment bets in Samvat 2079: Vinay Paharia

The fair value growth of the Nifty is expected to be healthy in the long run, driven by a strong economic growth outlook, says Paharia

M&M gains 2%; firm strengthens pact with Jio-bp for EV charging points

CARE Ratings reaffirmed ratings on the existing bank facilities of M&M with stable outlook.

Analysts bet on TaMo's India biz as JLR Q2 sales disappoint; stock dips 5%

Following the development, global brokerage JP Morgan downgraded the stock from 'overweight' to 'neutral' with a September 2023 price target of Rs 455.

Will banks and auto drive Nifty earnings in Q2?

Beginning next week, India Inc will start delivering July to September quarter results for this fiscal year. We delve into what investors should expect from the Q2 earnings season

TVS Motor zooms 109% from March'22 low; m-cap crosses Rs 50,000 crore

At 10:59 am; TVS Motor Company's market capitalisation stood at Rs 50,312 crore, the BSE data shows.

Schaeffler India: Exports, order wins likely to keep ball rolling

Ball-bearing maker expects gains on margin front in the second half of FY23

TMS Ep244: Farmers' agitation, Indian defence, 4-wheeler stocks, e-way bill

Is India seeing a revival of farmers' agitation? Is India becoming self-reliant in defence? Will four-wheeler stocks hit the fast lane in H2 of this fiscal? What is an e-way bill? All answers here

Sona BLW Precision slips 6% after huge block deals

Till 09:30 am; a combined 126 million equity shares or 21.56 per cent of Sona BLW total equity changed hands on the BSE (92.24 million) and NSE (33.76 million shares), the exchanges data show.

BSE Auto index surges 39% from March lows on robust growth momentum

In the financial year 2022-23 (FY23), the BSE Auto index has outperformed the market by surging 26 per cent

Bharat Forge rallies 8% on stable business outlook post Q1 results

Looking ahead in to Q2FY23, the management expects stable performance across both the domestic and export markets despite uncertainty arising from the macro- economic headwinds.