Market News
Stay updated with the latest market trends, earnings, and economic indicators.
Canara HSBC Life In Focus as Motilal Oswal Bets on Multi-Year Compounding Story — Check Target Price, Upside
The differentiated dual-bank partnership with mass scale from Canara Bank and premium affluence from HSBC creates a distribution backbone that only a few private life insurers possess.
Uno Minda shares fall 7% from highs after cautious management commentary on future outlook
Uno Minda said it has managed to maintain its margin despite a sharp increase in input costs. Despite near-term headwinds, Uno Minda said its long-term growth outlook remains intact. It has given a margin guidance of 11% with a plus-minus range of 50 basis points for the financial year 2027.
Officer’s Choice whiskey maker targets premium spirits segment despite war-linked inflation worries
Allied Blenders and Distillers sees strong growth in premium spirits. The company prioritizes profitability over mass volumes. This strategy focuses on premium and luxury segments for future expansion. Demand for higher-margin products remains steady. The company expects improved EBITDA margins by fiscal year 2028. Supplies to Middle Eastern markets are resuming.
Monika Alcobev FY26 revenue up 39% to Rs 310.36cr, Q4 PAT up 22% to Rs 22.3 cr
Monika Alcobev has announced a substantial profit increase of 22 percent for the March quarter of FY25-26. The company's revenue also saw a significant rise. For the full financial year, profit grew by 39 percent. This growth was fueled by popular categories like premium tequila, Irish whiskey, and imported wines.
Apollo Tyres reverses gains, stock falls 6% from day's high after Q4 results
The company reported healthy growth across both its India and Europe businesses, with both segments registering nearly 15% year-on-year growth during the quarter.
ET Graphics: Auto industry opens FY27 in top gear despite geopolitical tensions
India’s automobile industry began FY27 on a strong footing, with robust vehicle sales across segments despite ongoing geopolitical uncertainties and global economic concerns. Strong consumer demand, improved rural sentiment and continued momentum in passenger and two-wheeler categories helped automakers post healthy growth at the start of the new financial year.
Iran war effect: Leading EV two-wheeler makers accelerate expansion amid petrol price worries
Major electric scooter companies are rapidly increasing production capacity. This expansion aims to meet a surge in demand for eco-friendly vehicles. Combined monthly output is expected to nearly double by the end of the fiscal year. This signals a shift towards mass-market adoption. Companies are navigating challenges while betting on strong future growth.
Expect PV sales in India to grow 10% in FY27: TMPV MD & CEO Shailesh Chandra
Passenger vehicle sales in India are projected to grow by approximately 10% this fiscal year, driven by sustained strong demand. Despite geopolitical uncertainties and potential fuel price hikes, the industry remains optimistic about maintaining this growth momentum. Tata Motors is confident in its product pipeline and expects an industry-beating growth scenario.
Tata Motors PV bets on SUV, EV demand to drive ‘industry-beating’ growth in FY27 despite geopolitical risks
Tata Motors Passenger Vehicles anticipates significant growth in FY27. Strong demand for SUVs, CNG, and electric vehicles will drive production increases. The company aims for industry-beating performance. Potential challenges from global events and commodity prices are being monitored. This follows a record sales year in FY26, with the company securing the second position in the passenger vehicle market.
Passenger vehicle dispatches rise 25.4 per cent YoY at 4,37,312 units in April: SIAM
Indian auto sales started the new fiscal year strongly. Passenger vehicle dispatches saw a significant jump of 25.4 percent in April. Utility vehicles and passenger cars drove this growth. Two-wheeler sales also surged by 28.4 percent. Three-wheeler dispatches increased by 32.8 percent. Overall vehicle wholesales grew by 27.9 percent, indicating robust demand despite global concerns.
Tata Motors shares decline over 3% after Q4 results. What are Motilal Oswal and Nuvama saying?
Tata Motors (Commercial Vehicles) reported strong quarterly earnings with a sharp rise in net profit and revenue, but its stock fell by over 3% amid cautious sentiment on the commercial vehicle sector outlook. Brokerages remain split, with neutral to bullish views on future growth driven by exports and industry recovery.
Tata Motors cautions on FY27 growth as war woes weigh on industry
The commercial vehicle major expects single-digit industry growth this fiscal year as geopolitical tensions and rising fuel costs threaten to hurt demand.