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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.
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.
Sensex Today | Stock Market Highlights: Sensex, Nifty end higher but off highs; midcaps underperform
Sensex Today | Stock Market Highlights: Benchmark indices ended higher on Wednesday but trimmed gains from intraday highs, with frontline stocks outperforming the broader market. The Sensex rose 609 points to close at 77,496, while the Nifty gained 182 points to settle above 24,150. Gains were led by ITC, Tech Mahindra, Reliance Industries, Maruti Suzuki and Coal India.
Q4 Results Highlights: CEAT profit jumps 144%; Go Digit General Insurance profit up 29%
Q4 Results LIVE Updates: It is an important day today with regards to results, as India's largest passenger car manufacturer, Maruti Suzuki India Ltd., and food delivery-to-quick commerce operator Eternal, will be reporting results today. Besides these, there are plenty of broader market names, such as Bandhan Bank, Sapphire Foods, Castrol India, CEAT, Star Health, Piramal Pharma, REC, Motherson Sumi Wiring, Sanofi India, Sanofi Consumer Health, Leela Palace Hotels and many others will be reporting their results today. Watch this space for all the LIVE updates.
Maruti Suzuki hits all-time high production of 23.4 lakh units in FY26
Maruti Suzuki India Ltd achieved a record production of 23.4 lakh units in FY26. This makes it the sole passenger vehicle maker in India to reach this significant milestone. The company also stands as the only Suzuki Motor Corporation facility globally to attain such production levels.
Stocks to buy for the short term: Kotak Securities’ Amol Athawale shares 3 picks including Tech Mahindra, Maruti - Mint
Stocks to buy for the short term: Kotak Securities’ Amol Athawale shares 3 picks including Tech Mahindra, MarutiMint
Dharmesh Kant prefers IndusInd Bank, Axis Bank; sees tactical upside in Infosys, TCS
Dharmesh Kant, Head of Research at Chola Securities, says markets offer selective opportunities across sectors. From a long-term perspective, he prefers IndusInd Bank, followed by Axis Bank in the private banking space, and Bank of India and Bank of Baroda in the public sector banking space. In IT, he sees only tactical upside led by Infosys and TCS, citing weak revenue visibility. In autos, Hero MotoCorp, M&M, and Maruti stand out on valuations and demand outlook. Disclaimer: The views and investment tips expressed by investment experts on CNBCTV18.com are their own and not that of the website or its management. CNBCTV18.com advises users to check with certified experts before taking any investment decisions.
Maruti, Tata Motors, M&M, Bajaj Auto: CLSA decodes strategy for auto stocks
If the current geopolitical situation persists that results in supply chain disruptions and firm commodity prices, CLSA expects 30-40 per cent cuts to auto sector's FY27 earnings.
India's auto boom at risk as Iran-Israel war chokes gas supplies, straining supply chains
India's automotive sector is grappling with significant production hurdles. The ongoing conflict in Iran has led to disruptions in gas supplies, notably affecting major players like Maruti Suzuki, Tata Motors, and Mahindra. Suppliers are encountering shortages, causing some factories to run below their optimal capacity, with small and medium enterprises being particularly at risk.
Nifty Auto index set for worst week in six years — Here are some key risks
Shares of Ashok Leyland are down 13% so far for the week, while Bharat Forge and Tata Motors PV are down 12% and 11% respectively. Mahindra & Mahindra, Maruti Suzuki, Eicher Motors, TVS Motor are down 10% each.
Maruti Suzuki Posts Strong Sales Growth | Tata Motors Records Strong Commercial Vehicle Growth | Top Buzzing Stocks Today - Equitymaster
Maruti Suzuki Posts Strong Sales Growth | Tata Motors Records Strong Commercial Vehicle Growth | Top Buzzing Stocks TodayEquitymaster
Auto demand upcycle to sustain; M&M, Maruti, TVS, Tata Motors top picks: Kotak
Rishi Vora, Analyst at Kotak Institutional Equities, said TVS Motors, currently the leader in the EV two-wheeler segment, is expected to continue outpacing industry growth.