Page 23 - Auto Stocks

Auto stocks advance post encouraging July sales numbers; pare gains later

Maruti on Saturday announced it had sold 108,000 units in July, 88.2 per cent more than June 2020

June auto sales: Analysts see Maruti, Hero Moto making a strong comeback

In the past two months, the Nifty Auto index has outrun the benchmark index by surging nearly 13 per cent till Monday as against 4.5 per cent rise in Nifty

Hero MotoCorp: Despite ops returning to normal, raising volumes a challenge

Company's prospects dented by lack of firm demand trend

Auto stocks in top gear despite sales de-growth due to Covid-19

In May, the S&P BSE Auto index gained 5.6 per cent as compared to 3.8 per cent decline in the S&P BSE Sensex.

Sensex drops 740 pts from day's high; auto, tech stocks post strong gains

Markets couldn't hold the strength during the day as selling pressure was witnessed in heavy index

Auto shares skid as companies report zero domestic sales in April

The Nifty Auto index fell 7.33 per cent as compared to 5.1 per cent decline in the Nifty50 index

Defensive stocks soar as investors choose safety over uncertainty

The weight of FMCG, software and pharma companies in Nifty now at 31.5% from 25.3% in December 2017

Street signs: Auto stocks on investors' radar, Gold ETFs outflow, and more

Private sector lender IndusInd Bank has caught the fancy of overseas investors

Auto stocks decline as March sales plunge amid coronavirus lockdown

At the index level, the Nifty Auto index was down 1.4 per cent as compared to 1.3 per cent decline in the Nifty50 index

Auto shares skid; Eicher Motors hits lowest level since November 2014

Eicher Motors, Bharat Forge, M&M, Maruti Suzuki and Hero MotoCorp slipped more than 5 per cent on the NSE today

Auto shares trade weak after 3-day gain; Hero MotoCorp, Bajaj Auto down 5%

Bharat Forge slipped 12 per cent from its intra-day high of Rs 298 on the NSE

Auto stocks skid; M&M, Maruti, Hero Moto Corp, TVS Motors plunge up to 12%

Maruti Suzuki India (MSI), the country's largest carmaker, said it was suspending production at its facilities in Haryana "till further notice".

Eicher Motors gains 4% as company to consider interim dividend on March 11

On BS VI transition, the company informed that it has already moved a large part of its product portfolio to BS VI and is seeing a good response to the BS VI motorcycles.

'Don't invest in auto stocks for now; PVs remain most challenging'

A comfortable valuation is always desirable but looking at the valuation from an aggregate perspective may not be very useful, says Nilesh Shah, MD and CEO at Envision Capital.

Renault-Nissan without Carlos Ghosn were worst car stocks of 2019

The two were the worst-performing carmakers on the Bloomberg World Auto Manufacturers Index in 2019, falling 23% and 28%.

Auto shares edge higher; Maruti Suzuki gains 2% on BofAML upgrade

Bank of America Merrill Lynch upgraded Maruti Suzuki India's stock to 'buy' from 'neutral' and raised the target to Rs 8,650 from Rs 7,450 per share

Auto stocks gain on report that Cabinet may approve scrappage policy today

Tata Motors, Mahindra & Mahindra, Bharat Forge and Ashok Leyland from the Nifty Auto index climbed 3 per cent each on the National Stock Exchange.

Nifty Auto index falls 2% in two days after rallying 13% in October

Maruti Suzuki India, Hero MotoCorp and TVS Motor Company slipped 2 per cent each, while M&M, Eicher Motors, Bajaj Auto and Ashok Leyland were each down 1 per cent today.

Street signs: Auto stocks rev up, PSU shares see SLB demand, and more

Shares of public sector undertakings have been moving up the bourses

Auto stocks slide on report GST Council unlikely to back tax cut for sector

A government study has said the total annual revenue loss could be as much as Rs 50,000 crore if the panel decides to lower tax rates for the sector to 18 per cent from 28 per cent.