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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.
Maruti Suzuki sees double-digit growth in FY27 as demand holds firm despite West Asia tensions
Maruti Suzuki anticipates strong growth this financial year, aiming for over 10 percent. Domestic demand remains robust, exceeding supply. The company is expanding production capacity to meet pending orders. Positive economic factors like GST cuts and lower interest rates are boosting sales. Maruti Suzuki is also diversifying export markets to mitigate geopolitical risks.
Bright start to FY27 for carmakers with estimated sales of 4.5 lakh units in April
Indian carmakers began the new fiscal year with robust passenger vehicle sales in April. Maruti Suzuki, Hyundai, and Kia reported record performances. The industry benefited from GST 2.0, repo rate cuts, and income tax relief. Overall domestic sales saw a significant increase, indicating a positive start to the financial year for the automotive sector.
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.
From Maruti to Eternal: Why Nuvama is betting big on 5 stocks with 15% to 54% upside potential - financialexpress.com
From Maruti to Eternal: Why Nuvama is betting big on 5 stocks with 15% to 54% upside potentialfinancialexpress.com
Maruti Suzuki shares surge 4% after 'bulls' see stock testing ₹19,000 despite market share worries
While passenger vehicle demand remains steady and the company is guiding for 10% domestic volume growth in FY27, Maruti Suzuki's market share has slipped to a 13-year low amid a shift in consumer preference towards SUVs.
Maruti Suzuki shares jump 4% after Q4 results. What Jefferies, Goldman Sachs and HSBC recommend now
Maruti Suzuki shares saw a significant jump. The company reported strong revenue and record sales for the March quarter. Despite a profit dip, analysts are divided on the stock's future. Some see potential upside, while others highlight market share concerns. The company expects healthy volume growth ahead.
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 India Q4 Results: Stock falls after lower other income, higher taxes dent profit
Maruti Suzuki India's net profit dipped due to sharp drop in other income and an increased tax expense. The board approved a final dividend of ₹140 per share for FY26.
Maruti Suzuki Q4 Preview: Healthy volumes to aid topline growth; higher costs may dent margins
Volumes are likely to grow 12% year-on-year and 1% sequentially, while realisations may increase 12% year-on-year and 1% quarter-on-quarter.
