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Stock Alert: NMDC, Maruti Suzuki India, PNC Infratech, UltraTech Cement, Coal India, Tata Elxsi - Business Standard
Stock Alert: NMDC, Maruti Suzuki India, PNC Infratech, UltraTech Cement, Coal India, Tata ElxsiBusiness Standard
Car sales sail smooth despite war woes; Auto cos log double-digit growth on Maruti, TaMo surge; two-wheeler & CVs also in fast lane
Indian car sales surged significantly in May. Maruti Suzuki and Tata Motors reported robust growth. Two-wheeler sales also saw double-digit increases. Despite global challenges, consumer demand remained strong. This positive trend extended to utility vehicles and electric vehicles. Farm equipment sales also performed well. The automotive sector shows resilience and continued momentum.
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.
May Auto Sales Live Updates: Maruti Suzuki, Tata Motors Among Major Automakers To Release Sales Data Today
May Auto Sales Live: Major automakers to release monthly sales data on Monday, June 1.
Maruti Suzuki To Recall Few Super Carry Vehicles On Defect Suspicion
Maruti Suzuki has clarified that all affected components will be replaced free of cost.
Maruti Suzuki price hike from June: Cars to get costlier by up to ₹30,000
Maruti Suzuki will raise prices across its vehicle range by up to ₹30,000 from June 2026, citing persistent inflationary pressures and rising costs despite ongoing efforts to improve operational efficiency.
TVS Motor, Hero MotoCorp lead auto stock decline despite strong sales data; Nifty Auto falls over 1%
Among the top losers in the Nifty Auto index were TVS Motor Company, Hero MotoCorp, Eicher Motors, and Ashok Leyland, with shares falling between 1% and 3%. Other laggards included Maruti Suzuki and Tata Motors Passenger Vehicles shares.
Stocks in news: HAL, TMPV, Bharti Airtel, Anant Raj, Zydus Life, Tata Motors
Indian markets experienced a volatile yet stable session after a sharp sell-off, with the Nifty showing resilience. Key companies like HAL, Tata Motors, and Bharti Airtel are in focus due to quarterly results and news developments. Zydus Lifesciences is nearing a US acquisition, while Maruti Suzuki commits to green logistics.
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).
Emkay maintains Nifty 50 target at 29,000; check top picks and portfolio changes
Emkay's exposure to the “post-war oil price weakness” theme remains at 25%. Larsen & Toubro is its biggest individual holding at 7% of the portfolio. Other key picks under the theme include HPCL at 5%, Tata Motors CV business at 5%, Maruti Suzuki at 4%, and Delhivery at 4%.