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Tata Group targets doubling automotive revenue to $100 billion in five years
Tata Motors targets doubling automotive revenue to $100 billion within five years. Jaguar Land Rover will contribute significantly to this ambitious revenue goal. The commercial vehicle segment is also projected for substantial growth and increased revenue. Tata Motors plans significant investments and new models for its domestic operations. The company aims for increased market share and profitability across its automotive businesses.
10 Nifty stocks Motilal Oswal recommends buying ahead of Q1 results. What can shareholders expect?
As the Q1FY27 earnings season begins with TCS's results on Thursday, Motilal Oswal expects Nifty earnings to grow 10%, the fastest pace in four quarters. The brokerage has identified 10 stocks, including Bharti Airtel, SBI, ICICI Bank, M&M and Titan, that it believes offer attractive upside ahead of the June quarter earnings, backed by strong fundamentals and growth prospects.
Nifty Bank rises 400 points as HDFC Bank, IndusInd, other stocks jump up to 3% after Q1 updates
The Nifty Bank index rose over 400 points on Monday as gains in HDFC Bank, IndusInd Bank and ICICI Bank outweighed a sharp decline in Kotak Mahindra Bank. Investors reacted to first-quarter business updates, with HDFC Bank emerging as the top gainer after reporting healthy growth in advances and deposits.
PM Modi, Japan PM Takaichi jointly inaugurate Maruti Suzuki's Kharkhoda plant
Prime Minister Modi and his Japanese counterpart inaugurated Maruti Suzuki's expansive new manufacturing facility in Haryana, a significant investment bolstering India's automotive sector. This advanced plant, built with Industry 5.0 technologies and a focus on sustainability, marks a key step in the 'Make in India, Make for the World' initiative. The inauguration occurred during the India-Japan Economic Forum, highlighting deepening bilateral cooperation.
Ola Electric tops Nifty 500 gainers as Delhi EV policy boosts electric two-wheeler stocks
The rally follows the Delhi Cabinet's approval of the new EV Policy on Monday, which will come into effect from July 1. Under the policy, registration of new internal combustion engine (ICE) two-wheelers will cease from April 1, 2028, with only electric two-wheelers eligible for registration thereafter.
Stocks to buy or sell: Dharmesh Shah of ICICI Sec suggests buying Kotak Mahindra Bank shares on 29 June
Indian benchmark indices opened mixed following a significant weekly winning streak. The Nifty 50 showed little change, while the BSE Sensex dipped slightly. Investors are cautious amid geopolitical tensions, with attention on US-Iran diplomatic efforts.
Nykaa shares extend gains after a thumbs-up from analysts on FY30 growth roadmap
Nomura said that evolving consumer preferences towards discovery-led and new-age brands are creating a favourable backdrop for Nykaa. The brokerage believes the company is well-positioned to capture a disproportionate share of premium lifestyle spending through its trusted platform, content ecosystem and portfolio of owned brands.
Nifty June futures trade at a premium
HDFC Bank, ICICI Bank and Reliance Industries were the top traded contracts.
Mahindra's SUV output dips up to 15% in June amid supply chain worker crunch; XUV 7XO, Thar production hit
Mahindra & Mahindra is experiencing a significant drop in SUV production. A shortage of contract workers is affecting key parts suppliers. This issue is impacting factory operations for popular models. The automotive industry across India faces similar labor challenges. Companies are adapting through automation and worker retention strategies. Demand for new vehicles remains strong, compounding these production pressures.
Nifty June futures trade at a premium
HDFC Bank, Reliance Industries and ICICI Bank were the top traded contracts.
Stocks in news: Tata Steel, ICICI Bank, Tata Motors, Vedanta, Maruti Suzuki
Indian markets traded cautiously on Thursday's weekly expiry, with analysts observing a continued tussle for direction in the Nifty. Key companies like Tata Steel, Tata Motors, ICICI Bank, Vedanta, and Maruti Suzuki are in focus due to significant business updates and regulatory developments.
Rajesh Exports, Tata Motors PV, Auro Pharma, ICICI Bank and more: Stocks to Watch for June 5
Rajesh Exports defends disclosures after SEBI concerns, Tata Motors targets over 20% PV share by 2030, ICICI Bank gets SEBI warning, Aurobindo wins US FDA nod, CG Power starts new EHV unit. Here are few stocks to track ahead of Friday's trading session.