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Top Gainers & Losers on May 6: Coforge, Vodafone Idea, HFCL, BPCL, Tata Motors, IndiGo among top gainers
On May 6, Indian markets closed higher with the Nifty 50 up 1.24% and the Sensex gaining 1.22%, driven by easing US-Iran tensions. Notable gains were seen in technology and auto stocks, although several shares faced declines amid profit booking.
India's electric vehicle sales jump 75% in April, Tata Motors leads EV momentum
Electric passenger vehicle sales surged by 75.14 percent in April 2026. Tata Motors led the passenger vehicle segment with a 77.17 percent increase. The electric two-wheeler market also experienced robust growth, up 60.73 percent. TVS Motor Company topped this segment. Electric three-wheeler sales saw a modest rise, while electric commercial vehicle sales more than doubled.
India's auto demand to hold steady for 2-3 quarters, but global risks loom over exports, margins
India's auto sector is set for continued strong demand for the next 2-3 quarters. Elevated growth is anticipated through CY26. This positive trend is supported by improving affordability and rural sentiment. Key segments like passenger vehicles, commercial vehicles, and two-wheelers are showing robust volume increases. Electric vehicle adoption is also gaining significant momentum across the industry.
Adani Ports, Tata Motors and Siemens Energy witness block deal action on Monday
Institutional investors injected over Rs 7,400 crore into Adani Ports and Special Economic Zone (APSEZ) on Monday through significant block deals. Capital Group entities were major buyers, acquiring stakes from Worldwide Emerging Market Holding Limited. Smaller block deals also occurred in Tata Motors and Siemens Energy India.
Hero MotoCorp appoints Sachin Agrawal as CTO
Hero MotoCorp has appointed Sachin Agrawal as its new Chief Technology Officer, effective from May 21. Agrawal will lead the company's research and development transformation. He brings over 29 years of experience in automotive R&D and technology leadership. Agrawal previously worked at VE Commercial Vehicles and began his career at Daewoo Motors.
Indian car companies begin FY27 on a strong note despite geopolitical uncertainties
Indian car sales surged 25% in April, reaching 445,417 units, driven by sustained demand post GST cuts and government incentives. Market leader Maruti Suzuki reported its best-ever monthly sales, with other major automakers like Tata Motors and Hyundai also witnessing significant year-on-year growth.
Mahindra dethrones Tata Motors to become top EV revenue player in FY26
Mahindra & Mahindra has become the top electric car seller by revenue, surpassing Tata Motors. This shift occurred last fiscal year due to new electric SUV launches. Tata Motors still leads in the number of electric cars sold. Overall electric car registrations saw a significant jump. New EV models are expected to drive further growth.
Tata Motors Passenger Vehicles sales up 31% at 59,701 units in April
Passenger vehicle sales in the domestic market stood at 59,000 units last month as against 45,199 units in the year-ago period, a growth of 30.5 per cent, Tata Motors Passenger Vehicles Ltd said in a regulatory filing.
Auto sales slow in April; EV momentum holds amid rising geopolitical tensions
Market leader Maruti Suzuki retained its top position but reported a decline to 1.58 lakh units, compared to 1.75 lakh units in March. Tata Motors and Mahindra & Mahindra also saw moderation, with April sales at 57,472 units and 54,897 units, respectively.
Tata Motors PV Share Price Highlights: Tata Motors PV Stock Price History
Tata Motors PV Share Price Highlights: Tata Motors PV Stock Price History
