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Top Gainers & Losers on April 23: Union Bank, Trent, Havells, Ashok Leyland, OLA, Canara Bank among top losers - Mint
Top Gainers & Losers on April 23: Union Bank, Trent, Havells, Ashok Leyland, OLA, Canara Bank among top losersMint
Top Gainers & Losers on April 23: Union Bank, Trent, Havells, Ashok Leyland, OLA, Canara Bank among top losers
The Indian stock market faced significant declines on April 23 due to rising geopolitical tensions and high crude oil prices. The Nifty 50 fell 0.86%, while the S&P BSE Sensex dropped 1.12%. Sectoral losses were led by Nifty Auto, which fell 2.28%.
Ashok Leyland launches Dost, Dost+ XL: Check price, features and more
Ashok Leyland has launched twin-fuel variants of its Dost and Dost+ XL light commercial vehicles, powered by both CNG and petrol. This dual-fuel system offers operators flexibility, lower operating costs, and reduced emissions by allowing a switch to petrol as a backup. The vehicles aim to address range limitations and fuel availability concerns for LCVs.
Auto stocks lead the rebound from War lows — Here are factors aiding the recovery
All 15 stocks in the Nifty Auto index are trading with gains on Wednesday, rising 3.7% to 13%. Ashok Leyland, Samvardhana Motherson International, Tata Motors PV, Eicher Motorsand Uno Minda are the top gainers in the index, with shares of Ashok Leyland reporting their biggest single-day gain in six years.
Ashok Leyland shares gain most in six years with 13% jump, extend streak to third day
Ashok Leyland's growth in the truck segment was lower than the three-month average of 37%, while the light commercial vehicle (LCV) segment growth was also lower than the 25% three-month average. The bus segment decline of 34% was the highest in many months.
Tata Motors, Ashok Leyland, Eicher post double-digit CV sales growth in March; Will oil shock decelerate growth outlook?
The auto sector experienced robust growth following GST reductions, with Tata Motors and Ashok Leyland reporting increased sales. However, rising raw material costs and geopolitical tensions may disrupt future supply and financing, according to industry analysts.
Auto stocks may fall another 10-15% but that is an attractive long-term opportunity, CLSA says
Mahindra & Mahindra, Bajaj Auto, TVS Motor, Tata Motors Passenger Vehicles and Ashok Leyland are CLSA's preferred pick within the sector.
Five worst performing stocks in the market since the Iran-US war began
Companies including Larsen & Toubro, HDFC Bank, ICICI Bank, Ashok Leyland and Sapphire Foods India have seen major declines in March, eroding billions in market capitalisation and putting them among the key laggards in the market.
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.
Stocks to watch: Wipro, IDFC First Bank, Ashok Leyland among 10 shares in focus on Thursday - Mint
Stocks to watch: Wipro, IDFC First Bank, Ashok Leyland among 10 shares in focus on ThursdayMint
Stocks to Watch for March 12: Wipro, KEC International, Ashok Leyland, Borosil and more
Wipro Ltd secures a multi-year contract with TruStage. Borosil Ltd faces production issues. Ashok Leyland invests in a new battery facility. Omnitech wins a ₹920 crore order. Here are few stocks to track ahead of Thursday's trading session.
Ashok Leyland to invest up to Rs 500 cr in battery pack manufacturing unit
In a bold step towards sustainable transportation, Ashok Leyland has announced a substantial investment of Rs 500 crore for a state-of-the-art battery pack production facility on the outskirts of Chennai. Following a successful groundbreaking ceremony, this initiative not only bolsters their ambitions in the electric vehicle sector but also aligns with India's commitment to achieving net-zero emissions.