Stocks to Watch on Apr 2, 2025: Zomato, Swiggy, auto stocks, and others will remain in focus today
The fall in auto stocks came after the US President Donald Trump, on Wednesday, announced that he would impose a 25% tariff on all cars imported into the US that are not manufactured domestically
According to analysts at Nuvama, the tractor industry volumes are expected to grow in double digits, with an approximately 16 per cent Y-o-Y increase in the domestic market
MSIL's board currently comprises 11 members-five Indians and six Japanese. Among the Indian members, four are independent directors, while chairman R C Bhargava is the fifth
Maruti Suzuki revealed that there is no impact on financial, operation or other activities of the company due to this draft Assessment Order
Industry experts believe price hikes are influenced by multiple factors, including the rising costs of electronics, regulatory compliance requirements, and premiumisation trends
Maruti Suzuki, Hyundai, Tata Motors, Kia India and Honda Cars have all announced price hikes April 2025 onwards
Tata Motors announced a price increase of up to 2 per cent across its CV range, effective April 1
Tata Motors will hike prices of its commercial vehicles, including trucks and buses, by up to 2% from April, while Maruti Suzuki said it will increase car prices by as much as 4% next month
The price increase is expected to be up to 4 per cent and will vary depending on the model. Some portion of the increased cost may need to be passed on to the market, as per the filing
Maruti Suzuki, Hyundai Motor India, Mahindra & Mahindra (M&M), and JSW MG Motor all announced price hikes this year to offset rising input costs
Maruti Suzuki India on Saturday reported a marginal year-on-year increase in total sales at 1,99,400 units in February. The company sold a total of 1,97,471 units in the same month last year, Maruti Suzuki India (MSI) said in a statement. Total domestic passenger vehicle sales were at 1,60,791 units last month as compared with 1,60,271 units in the year-ago month, a marginal year-on-year growth, it added. Sales of mini segment cars, comprising Alto and S-Presso, declined to 10,226 units as against 14,782 units in same month last year. Sales of compact cars, including Baleno, Celerio, Dzire, Ignis, Swift, and WagonR, rose to 72,942 units as compared to 71,627 units in the year-ago month. Utility vehicles, consisting of Grand Vitara Brezza, Ertiga, XL6, Jimny clocked sales of 65,033 units last month as compared to 61,234 units earlier. Sales of van Eeco were at 11,493 units last month as against 12,147 units in February 2024, while that of light commercial vehicle Super Carry stood
The company's previous three facilities are located in Gurgaon and Manesar in Haryana and Hansalpur in Gujarat, with a combined annual production capacity of 2.35 million units
BSE stock price has broken down below its 50 days EMA support. Stock has confirmed lower top and lower bottom formation on the daily chart
Income tax and excise disputes make up the bulk of $694 million worth of demands faced by SUV-maker Mahindra & Mahindra
Maruti Suzuki India aims to bolster charging infrastructure in the country before it drives in e VITARA with plans to establish the model as a primary vehicle in a household, according to a senior company executive. The auto major also plans to boost after-sales support, bring in a leasing model and more finance options to encourage customers to buy the model. "One of the major concerns for the customer is the adequacy of the public infrastructure in terms of the chargers. So we are planning to have a fast charger at a frequency of 10 kilometers in the top 100 cities," Maruti Suzuki India (MSI) Senior Executive Officer (Marketing & Sales) Partho Banerjee told PTI in an interaction. Currently top 100 cities in the country account for almost 97 per cent of the total EV sales, he stated while elaborating on the plan. "We believe that the customer who will be buying the car will be moving out of the city as well so we want to make our e VITARA as the primary car, not the secondary car
MSIL launched the Jimny in India in June 2023 and started exporting it to various countries in Latin America, the Middle East, and Africa from October 2023
Here's a technical outlook on 5 largecap stocks post Q3 results. Charts hint towards a positive bias for Bajaj Finance and Bajaj Auto; whereas a likely fall for Maruti, Tata Motors and Dr. Reddy's.
The Maruti Suzuki's e-Vitara electric vehicle (EV) is expected to fuel long-term growth, especially with strong export potential, analysts said.
'Demand scenario is generally subdued. It is a reality that we have to live with for some time,' says Rahul Bharti, Executive Director, Corporate Affairs, MSIL