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EV retail sales at all-time high of 3,06,220 units in June, penetration cross 12 pc: FADA
Electric vehicle retail sales in India reached an all-time high of 3,06,220 units in June. This growth pushed overall EV penetration past twelve percent for the first time, says the Federation of Automobile Dealers Associations. The two-wheeler segment led this surge, registering substantial year-on-year increases. Electric passenger and commercial vehicles also saw their best-ever months. Electrification has now moved decisively into the mainstream of Indian auto retail.
CNG momentum to stay robust through FY27, Morbi PNG demand set for all-time high
CNG vehicle registrations and industrial gas utilization are poised for remarkable growth. With CNG vehicles presenting significant cost benefits over electric and petrol options, the future looks bright. Gujarat Gas is gearing up for heightened LNG blending to satisfy the soaring demand in Morbi, where industries favor PNG(I) for dependable supply.
Auto ancillary stocks: Sedemac, Studds Accessories zoom up to 17%
Share price of Sedemac Mechatronics hit an all-time high of ₹2,650, soaring 96 per cent higher against its issue price of ₹1,352.
Are Small Cars Back? Maruti's Record May Share Gain Suggests Tide May Be Turning
Data for May shows that Tata Motors has gained ground on Mahindra As passenger vehicle sales have hit an all-time high even as fuel prices surge.
Ather Energy hits all-time high despite market selloff; what's fueling the rally? - Upstox
Ather Energy hits all-time high despite market selloff; what's fueling the rally?Upstox
Maruti hits all-time monthly sales high; CNG bookings jump 40%, EV demand doubles
Maruti Suzuki achieved its highest-ever monthly sales in May, driven by strong performance across all segments, including a significant surge in small car and utility vehicle sales. Tata Motors also reported robust growth, setting a new record for EV sales. The two-wheeler and commercial vehicle sectors also witnessed steady demand and growth.
Maruti Suzuki India posts highest-ever monthly sales at 2,42,688 units in May
Maruti Suzuki India achieved its highest-ever monthly sales in May. Total dispatches surged by 34.76 percent year-on-year to a record 242,688 units. Domestic sales also hit an all-time high. Sales across various car segments, utility vehicles, and light commercial vehicles saw significant growth. Exports also increased substantially, contributing to the record performance.
May Auto Sales: Maruti Suzuki reports highest ever figures for the month, beats expectations
According to the Maruti Suzuki India, May marked its highest-ever monthly sales volume, with domestic sales also reaching an all-time high of 1,93,535 units, including light commercial vehicles.
Ashok Leyland shares fall after Q4 results, near-term demand uncertainty
Management said FY26 commercial vehicle volumes touched an all-time high, surpassing the earlier peak, while export volumes also hit a record high with 18.5% year-on-year growth. However, exports disappointed during the quarter due to logistical disruptions linked to the West Asia conflict.
Infosys, OFSS, TechM, other IT stocks gain up to 3% despite weak market sentiment. Here's why
IT stocks such as Infosys and Oracle Financial Services Software gained, while LTIMindtree, Coforge, Tech Mahindra, Mphasis and Persistent Systems also posted strong gains. Meanwhile, the BSE Sensex and Nifty 50 dropped over 1% as the rupee hit a record low and bond yields surged to all-time highs.
Big auto bets big: Carmakers line up Rs 40,000-crore capex push amid demand boom
While Maruti Suzuki has earmarked record investments of Rs 14,000 crore in FY27 to add annual capacity for 500,000 cars, Hyundai Motor India has budgeted for an all-time high capex of Rs 7,500 crore for introducing two new SUVs and ramp up production at its new facility in Talegaon (Maharashtra).
TVS Motor profit jumps 54% to an all-time high
The Apache maker outpaced rivals in sales growth in FY26 and expects to repeat the feat in FY27.