Page 2 - Automobile

Ambit starts coverage on Tata Motors CV with 19% upside target; here's why

Ambit expects TMCV's revenue and Ebitda to grow at a CAGR of 6 per cent and 7 per cent over FY25-28, respectively, on the back of high-margin and non-core revenues

Why is JM Financial upbeat on Belrise Industries? Starts coverage with Buy

JM Financial has set a target price of ₹215 for Belrise Industries stock, valuing it at 25x FY28E P/E

Is Pricol the next big winner? SBI Securities decodes; check target price

SBI Securities expects Pricol's revenue, Ebitda, and PAT to grow at 31 per cent, 33 per cent, and 36 per cent CAGR, respectively, over FY25-27

Tata Motors CV stock lists at 28% premium; should you buy, sell or hold?

On the BSE, the Tata Motors (TMCV) debuted at 330.25, a premium of 26 per cent from its earlier valuation of ₹261.9

Tata Motors CV: Can the demerged entity hold its edge against peers?

Tata Motors demerger, aimed at unlocking value and sharpening operational focus, comes at a time when competition from peers like M&M, Ashok Leyland, and Force Motors is intensifying

Consumers struggle to get GST rate cut benefits on food, medicines: Survey

Despite lower GST rates on most food items and medicines, many consumers report only partial or no price relief, highlighting gaps in implementation and last-mile enforcement, a recent survey said

Hero Motors gets Sebi nod to float ₹1,200 crore IPO; check key details here

Hero Motors aims to raise ₹1,200 crore through its maiden public issue, comprising a fresh issue of ₹800 crore and an offer for sale (OFS) of ₹400 crore

Mercedes-Benz considers price hike early next year over forex woes

Luxury carmaker Mercedes-Benz is looking to increase prices early next year in order to offset the impact of a weakened rupee against the euro, according to the company's MD and CEO Santosh Iyer. The automaker has already increased prices by around 3.5-4 per cent this year. "We are still priced around 93-94 to the euro, and the euro today is at 103 level, which means we will be forced to take further price increases, maybe early next year," Iyer told PTI in an interaction. He noted that the company is avoiding taking the price increase for now but "there would be not an option" going ahead. "And that means, again, we go back to a higher pricing levels... but we feel the market should be able to absorb the higher pricing in the future if overall macro economy improves, because the purchasing power will improve significantly, and there should be a big traction (post-GST rate cut)," Iyer said. The depreciation of the rupee against the Euro is close to 14-15 per cent and the company s

Volkswagen unveils compact electric SUV ahead of Munich auto show

European automakers are up against stiff competition from China in the quest to bring affordable EVs to the market.

GST revamp a growth reform, says Motilal Oswal; M&M, HUL among top bets

According to Motilal Oswal Financial Services, this measure could trigger a positive shift in Indian equities, which have underperformed over the past year

New GST rates: Bikes over 350 cc may see sales rush till September 22

The GST rate hike on motorcycles above 350 cc to 40% may lead to a sales spike before September 22 but could affect long-term plans of premium manufacturers like Bajaj Auto, Hero MotoCorp, TVS Motor

GST cut next level of reform; 2025 a tricky year for investors: Vijay Kedia

The GST reforms could revive consumption-driven sectors like automobiles, FMCG, and discretionary goods, which have been under pressure, says Kedia

Motilal Oswal sector of the week: Automotive ER&D; check top stock to buy

According to Motilal Oswal Financial Services Research, the the medium-term outlook for global automotive engineering research and development sector remains robust

EU, US set new steps to cut tariffs and boost transatlantic trade

The development underscores the nature of trade talks under Trump, with some initial, broad pronouncements of deals giving way to weeks or more of work to hammer out detailed agreements

2 smallcap auto stocks hit new highs; zoom up to 232% in CY25. Do you own?

Shares of Force Motors (₹21,585) and SML Isuzu (₹4,413.60) have hit their respective new highs, surging 5 per cent each on the BSE in Thursday's intra-day trade.

M&M expands capacity at South African plant as US tariffs hit auto sector

Sluggish growth in the continent's most-industrialized nation has led South Africans to demand more economical cars

Motilal Oswal sector of the week: Tractor industry; check top stock picks

While near-term sentiment remains positive, industry watchers remain cautious about upcoming monsoon trends and rural liquidity-both critical for sustaining demand in the remaining quarters

CarTrade Tech hits all-time high, zooms 146% in 11 months; here's why

CarTrade Tech zoomed 13% in Monday's trading session after the company reported over 100 per cent surge in net profit.

Smallcap auto stock soars 20%; zooms 216% thus far in CY25. Do you own?

Shares of Force Motors hit a new high of ₹20,563, soaring 20 per cent on the BSE in Thursday's intra-day trade in an otherwise subdued market after the firm reported healthy June quarter earnings.

M&M shares hit new high, soar 40% from April low; more upside ahead?

Driven by a strong order backlog and new launches, Motilal Oswal Financial Services expects M&M to continue outperforming industry growth in FY26