The stock has been in demand after the company's arm Greaves Electric Mobility reported strong sales for December 2021
Vijay Kedia acquired 2.27 per cent stake, while Sanjay Dugar bought 1.09 per cent stake in Talbros Automotive in the December quarter
Why are SUVs catching the fancy of Indians? Are low prices sustainable for Indian OTT industry? What made analysts cautious on auto stocks? What is the Model Tenancy Act? Find all answers here
Price hikes, running costs and supply side pressures are the key concerns
Going ahead, analysts at Motilal Oswal Financial Services see easing semiconductor supplies supporting PV wholesales, but the two-wheeler segment will take time to recover
Automobile shares may breakout after crossing significant resistances
Royal Enfield brand reported 43 per cent rise in month-on-month sales of 73,739 units in the month of December 2021.
Auto stocks are likely to be in focus as the stocks could react to the monthly sales numbers.
Minda Industries hit a record high of Rs 1,179, rallied 7% in intra-day trade today, surged 37% in past 11 trading days as the company announced a fresh round of capex and investment spends.
The board of directors of the company is scheduled to meet on Wednesday, December 8, 2021 to consider and approve the proposal of sub-division of company's equity shares having face value of Rs 5 each
Traders may keep positions light owing to the weekend factor as uncertainty lingers around the threat of Omicron variant
Stocks bearing breakout on moving averages, price strength and technical indicators are ready to see steady upside of up to 9 per cent
Bharti Airtel has hiked tariff on pre-paid plans by 20-25 per cent.
Japan-based Kubota invests Rs 1,874 crore to acquire 9.66 mn shares through preferential route at Rs 2,000 per share
The stock was quoting higher for the fourth straight day and trading close to its 52-week high of Rs 8,400 touched on January 13, 2021
As of 10:09 AM, the S&P BSE Auto index was the top sectoral gainer up 1.1 per cent as compared to 0.31 per cent decline in the S&P BSE Sensex
With better availability of semi-conductors, the management hopes to maintain the volume growth momentum Q3 onwards
TVS board approved the incorporation of a subsidiary to undertake the electric mobility business
The NSE Auto index seems well placed to test its all-time high; Prominent auto stocks like Tata Motors, Bajaj Auto, Hero MotoCorp and TVS Motor can gain 3.5-10 per cent
According to analysts at Emkay Global, commercial vehicles (CVs) should maintain positive momentum in September while passenger vehicles (PVs) volumes are likely to be hit by the chip shortages