BUSINESS
Tata Motors forecasts election-linked slump in PV sales in first-half of FY25
Despite the subdued outlook, Tata Motors says that the premium luxury segment is poised to maintain resilience
BUSINESS
Eicher Motors Q4 preview: Improved sales, pricing to help rev up Royal Enfield maker's earnings
Royal Enfield maker Eicher Motors is expected to see its fiscal fourth-quarter net profit rise to Rs 1,013 crore, up 36 percent from the year-ago period, according to a Moneycontrol poll of brokerage estimates.
BUSINESS
Tata Motors Q4 results preview: Robust volume growth, JLR growth to boost revenue, profit
Tata Motors' consolidated net profit for Q4 FY24 is expected to jump 33 percent on-year to Rs 7,084 crore in the fiscal fourth quarter, a Moneycontrol poll of six broking firms showed.
BUSINESS
TVS Motor shares rally 6% on robust Q4 results; analyst views mixed on future outlook
In the quarter ending March 2024, TVS witnessed a 22 percent growth in overall two-wheeler and three-wheeler sales, including exports.
BUSINESS
Hero MotoCorp stock jumps 6% as strong Q4 results fuel analyst optimism for continued growth
The company witnessed an increase in sales, with 13.92 lakh units sold in Q4 FY24, up from 12.70 lakh units in Q4 FY23.
BUSINESS
Hero MotoCorp preps new launches: Xoom 125 cc and Xoom 160 cc scooters ahead of festive season
The 2-wheeler major also said that the last fiscal year 2023-24 was marked by introduction of new products and improvement in the network, which benefited the company and set the foundation for accelerated growth in the future
BUSINESS
Hero MotoCorp seeks market share gains in FY25 riding on premium bikes, 125 cc models
Hero MotoCorp declared a robust set of financial earnings for the fiscal fourth quarter, which were broadly in line with estimates. The two-wheeler maker has seen its market share dip in the last few years.
BUSINESS
TVS Motors Q4 preview: Net profit may soar 33% on-year on robust volume growth, better product mix
TVS Motor’s EBITDA is expected to expand to Rs 893 crore in January-March, up over 31 percent on-year
BUSINESS
Hero MotoCorp Q4 preview: Net profit seen rising 20% led by rich mix, volume growth
On volumes, Delhi-headquartered Hero MotoCorp is estimated to have sold 13.92 lakh units during the quarter, up 10 percent year-on-year.
BUSINESS
JNK India shines on debut: Should you buy, sell, or hold the stock?
On April 22, the Maharashtra-based company raised Rs 194.84 crore through the anchor book.
BUSINESS
Maruti Suzuki Q4 results get mixed analyst reactions; some fear muted volumes, others eye high margin
Analysts suggest that the company's volume trajectory in the small and SUV segment is likely to decline
BUSINESS
Maruti Suzuki Q4 Preview: Net profit may soar 50% as sales surge on higher SUV mix
Maruti Suzuki likely led SUV sales growth in the quarter at 72 percent on-year, said HDFC Securities.
BUSINESS
Should you subscribe to JNK India’s Rs 649-crore IPO? Analysts bullish on order flow, unique product line
With the help of JNK Global, one of its promoters, JNK India has diversified products for various industries which could help it maintain a consistent order inflow, say brokerages
BUSINESS
Bajaj Auto set to ride into Egypt with its "Qute" platform
But all isn't rosy for the company. Bajaj also flagged that the currency situation in Egypt is bad and can't start pumping out as many units as desired.
BUSINESS
Bajaj Auto's Pulsar now Rs 10,000 crore brand; new variant to be launched in early May 2024
The management said highlights that there will be a lot of action in the first half
BUSINESS
Bajaj Auto plans 6 new launches in next 6 months; bridges gap in 'upper-half' from 10% to 2%
The company is also planning to launch the world's first CNG bike, which will halve the commuting expenses
BUSINESS
Domestic industry to grow 7-8% but Bajaj will race ahead faster, says a confident management
The home-grown Pulsar maker also announced that it has now received production linked incentive (PLI) certificates for all five of its electric three wheeler models, and recently for both of its electric two-wheeler Chetak models.
BUSINESS
Bajaj Auto Q4 preview: Revenue, profit seen rising 25% YoY as robust economy fuels 2-wheeler demand
The company is estimated to have sold about 10.69 lakh vehicles during January-March 2024, against 8.6 lakh units in the same quarter previous year. That is a growth of over 24 percent.
BUSINESS
Bharti Hexacom's bumper listing: Should you buy, sell or hold stock after 45% gain over IPO price?
Bharti Hexacom's massive Rs 4,275-crore IPO, the largest public offering in India in a year, attracted significant interest, with subscription reaching nearly 30 times the allocated quota.
BUSINESS
Bharti Hexacom IPO: Robust debut on the cards, experts eye 15% premium
Bharti Hexacom IPO: The price band for the issue has been fixed at Rs 542-Rs 570 per share
BUSINESS
Great prospects, investor darling over the past year but Kotak still sees 32% downside in Dixon Tech
Valuations are expensive and its target price already factors in the Dixon's electronics manufacturing services segment (EMS), components and exports, the brokerage has said in a note
BUSINESS
Exide, Amara Raja stocks rise up to 20% in 3 days on positive outlook for battery sector
While Exide's upbeat sentiment stems from the Kia-Hyundai partnership, Amara Raja is expected to continue to outpace the organised lead-acid battery industry
BUSINESS
Auto stocks lead the rally on expectations of strong quarter numbers
Most OEMs are expected to report a sequential EBITDA margin expansion led by improving product mix and operating leverage
BUSINESS
Ramesh Damani hopes for policy continuity as polls near, lists sectors to bet on if BJP returns
India's story is unfolding, and we will do well irrespective of the government we have, said Ramesh Damani. He said that markets like political stability and hopes that policies that have been going on for the last five years will continue for another five.
