Three of the top five automakers - Maruti Suzuki, Tata Motors and Mahindra & Mahindra – have signaled that price revision could be on the cards if commodity costs do not ease out before end of this quarter.
The drop in sales of Ciaz mainly due to higher taxes on hybrid cars, said RC Bhargava, Chairman, Maruti Suzuki.
Axis Direct is bullish on Maruti Suzuki has recommended buy rating on the stock with a target price of Rs 9522 in its research report dated November 02, 2017.
The company had not yet formally set a target for a period beyond 2020 but the next aim would likely to be to sell another half a million in three years, said Chairman RC Bhargava
Sharekhan is bullish on Maruti Suzuki has recommended buy rating on the stock with a target price of Rs 9265 in its research report dated October 27, 2017.
Motilal Oswal is bullish on Maruti Suzuki has recommended buy rating on the stock with a target price of Rs 9466 in its research report dated October 27, 2017.
General Motors, Ford and Volkswagen have a 5% share in domestic market but a 50% share in exports.
KRChoksey recommended accumulate rating on Maruti Suzuki with a target price of Rs 8945 in its research report dated October 30, 2017.
Five months into its launch, the next-Generation Maruti Suzuki Swift Dzire clocked a record one lakh bookings in shortest span of time
Most global brokerage firms maintain their positive stance on Maruti and raised their 12-month target price closer to 10,000.
Sony, YouTube, BMW, Mercedes Benz and British Airways are the other brands to feature in the top 10.
For the first time in its existence, Maruti Suzuki has generated more revenue than that of Japanese parent Suzuki Motor’s local business.
CNBC-TV18 learns from sources that Maruti Suzuki in its meeting with top vendors has asked them to be production ready.
The third generation Dzire was launched in May 2017 and has become the fastest to clock one lakh unit sales mark, Maruti Suzuki India (MSI) said in a statement
Owner of a Maruti Suzuki Baleno, who had sent his car for scheduled free servicing, witnessed the incident through a camera he had installed in the car prior to the service
Reliance Industries which has a market capitalisation of over Rs 1 lakh crore rose to a fresh record high of Rs 891 on the BSE ahead of its Q2 results for the second day in a row.
Net Sales are expected to increase by 24.4 percent Y-o-Y (up 25.5 percent Q-o-Q) to Rs. 22189.1 crore, according to Edelweiss.
The top gainers in Nifty50 Index were Hindustan Petroleum Corporation which zoomed 4 percent followed by Bharti Infratel and Bharti Infratel which added 3.71 percent and 2.98 percent respectively. From the oil & gas space, Indian Oil Corporation was the top gainer, up 2.15 percent while 2-wheeler manufacturer Bajaj Auto gained 1.92 percent.
The leopard was found roaming inside the 'Engine Department' at around 4 am by a security personnel on duty.
Ahead of the The Researve Bank of India's monetary policy meeet, interest rate sensitive stocks including the likes of real Estate, NBFCs and auto stocks were trading in the green while banking stocks were mixed with SBI trading positive and ICICI Bank, HDFC Bank and Axis Bank in the red.
A recent report stated that Suzuki, which specializes in small cars, could be considering joining the joint venture company headed by Toyota.
Ashwani Gujral of ashwanigujral.com recommends buying Avanti Feeds, TV Today, GAIL India, KRBL and Hindustan Zinc.
Maruti Suzuki will continue to focus on petrol, diesel hybrid cars and may not have any immediate plans of venturing into electric vehicles
MSI's domestic sales stood at 1,51,400 units, up 10.3 percent from 1,37,321 units in September 2016, the company said in a statement.
The S-Cross has a package that is best suited for a buyer who wants the practicality of a SUV matched with the convenience of a small sedan or a large hatchback.