Market News
Stay updated with the latest market trends, earnings, and economic indicators.
Hero MotoCorp to invest Rs 3,200 cr in 3-5 years in Andhra Pradesh on capacity expansion, new global parts centre
Hero MotoCorp is set to invest Rs 3,200 crore in Andhra Pradesh over the next three to five years, significantly expanding its operations. This includes a new global parts centre at Tirupati, costing Rs 750 crore, and a substantial increase in production capacity at its existing facility. The move aims to bolster the company's global supply chain and enhance its accessories business, transforming Tirupati into a key manufacturing hub.
CCI clears Honda's proposal to acquire additional 21% stake in Astemo
Japan's Honda Motor Co. has received a green light from the Competition Commission of India (CCI) to acquire an additional 21% stake in automotive components maker Astemo from Hitachi. This move will transform Astemo into a consolidated subsidiary of Honda. The deal, announced last December, will see Honda's ownership increase significantly, solidifying its control over the key auto parts manufacturer.
Hyundai's Chennai plant resumes operations after fire, targets full recovery by June 22
Hyundai Motor India's Chennai plant is recovering after a fire at a supplier's facility. Production at Chennai Plant 1 was affected, but other facilities continued operations. The company sourced parts from alternative locations. Chennai Plant 1 is expected to return to normal production by June 15. Full manufacturing operations should be restored by June 22.
Pari Washington reduces stake in India Motor Parts to 1.39% - scanx.trade
Pari Washington reduces stake in India Motor Parts to 1.39%scanx.trade
India Motor Parts & Accessories standalone net profit rises 39.82% in the March 2026 quarter
Sales rise 11.58% to Rs 210.72 crore
TVS Motor enters Zambia with multi-product launch to boost Africa expansion
The company has partnered with Zamoto Manufacturing Limited as its authorised distributor to establish a comprehensive sales, service and spare parts network across the country.
TSF Investments buys additional 2.8% stake in India Motor Parts & Accessories, Pari Washington sells 2.45% shares
India Motor Parts & Accessories stock may have reacted to the deal, soaring 9.4 percent to Rs 1,135 amid high volumes on the BSE.