Apr 16, 2021 10:19 PM IST

Ideas For Profit | Will the auto sector continue its fast-track race amidst the second wave of COVID-19?

The demand for personal vehicles and two-wheeler segments shot through the roof post the unlocking as people tried to avoid public transport, the recovery in demand was quite exceptional. Tractor & commercial vehicles witnessed slow recovery post unlocking. But now they are catching up fast as sales start to witness growth from pre-COVID levels. Watch the video to know more

What does the future hold for automakers amid the second wave of COVID?

As we start off with the new fiscal, albeit with a second wave of the pandemic, investors are facing multiple questions about the auto sector

Ashok Leyland share price gains after sales rise 4.4% MoM

Ashok Leyland's exports were up 7.4 percent at 927 units against 863 units (YoY).

As India eyes a greener tomorrow, here are stocks that may benefit

These carmakers, battery makers and infrastructure providers hold key to a greener tomorrow

Ashok Leyland share price up 2% on acquiring Hinduja Tech

The share touched its 52-week high of Rs 138.85 on February 4, 2021 and 52-week low of Rs 33.70 on March 25, 2020,

Hold Ashok Leyland; target of Rs 120: SPA Securities

SPA Securities recommended hold rating on Ashok Leyland with a target price of Rs 120 in its research report dated February 22, 2021.

Ashok Leyland picks 26% stake in Hinduja Group firm engaged in solar power generation

The target company PSEPL recorded zero revenues as of March 31, 2020 but a loss of Rs 76.97 lakh during the same year

Buy Ashok Leyland; target of Rs 151: Sharekhan

Sharekhan is bullish on Ashok Leyland has recommended buy rating on the stock with a target price of Rs 151 in its research report dated February 12, 2021.

Buy Ashok Leyland; target of Rs 149: Anand Rathi

Anand Rathi is bullish on Ashok Leyland has recommended buy rating on the stock with a target price of Rs 149 in its research report dated February 12, 2021.

Buy Ashok Leyland; target of Rs 155: Prabhudas Lilladher

Prabhudas Lilladher is bullish on Ashok Leyland has recommended buy rating on the stock with a target price of Rs 155 in its research report dated February 14, 2021.

Buy Ashok Leyland; target of Rs 150: ICICI Direct

ICICI Direct is bullish on Ashok Leyland has recommended buy rating on the stock with a target price of Rs 150 in its research report dated February 12, 2021.

Automakers plan another price hike in April-May to offset rising steel cost

The planned move, though being described as essential by manufacturers, is expected to pose a fresh challenge to the automobile sector which is still recuperating from the COVID-19 jolt.

Ashok Leyland riding well on economic recovery

The outlook for Ashok Leyland is promising as demand has picked up pace and is registering growth compared with pre-Covid levels. Further, its strong product portfolio and an increase in market share augur well

Ashok Leyland reports net loss of Rs 19 crore in Q3

The company had reported a net profit of Rs 28 crore in October-December quarter of 2019-20.

Ashok Leyland share price falls 4% after reporting Q3 loss of Rs 19 crore

The commercial vehicle maker reported a quarterly net loss of Rs 19.38 crore in December 2020, down 169.84 percent from Rs 27.75 crore profit in December 2019, the company said in a statement.

Ashok Leyland Standalone December 2020 Net Sales at Rs 4,813.51 crore, up 19.87% Y-o-Y

Auto industry continues to cruise fast

The highlights for January are a strong demand recovery for commercial vehicles (CVs), a sharp uptick in export volume and an exceptional growth in the tractor segment

Ashok Leyland share price hits 52-week high on Jan sales data, scrappage policy

Finance Minister Nirmala Sitharaman in her Union Budget 2021 speech proposed the voluntary scrappage policy to replace personal vehicles older than 20 years and commercial vehicles older than 15 years.

Ashok Leyland's January auto sales jump 11% to 13,126 units

The company had sold 11,850 units in the corresponding month a year ago, Ashok Leyland said in a regulatory filing.

Ashok Leyland share price hits new 52-week high after Nomura retains buy

Stronger M&HCV recovery is likely, the company will benefit more due to its higher share in higher tonnage trucks, Nomura said.

Auto industry: ending the year on a high note!

The recovery in automotobile was not restricted to the festive season. The demand momentum continued beyond the festive season as well. The wholesale data for the month of December corroborates the same.

Ashok Leyland registers 14% rise in commercial vehicle sales at 12,762 units in December

Total vehicle sales in the domestic market stood at 11,857 units last month as compared to 10,378 units in the year-ago month, a growth of 14 percent, it added.

Buy Ashok Leyland: target of Rs 131: Sharekhan

Sharekhan is bullish on Ashok Leyland recommended buy rating on the stock with a target price of Rs 131 in its research report dated December 03, 2020.

Buy Ashok Leyland; target of Rs 124: Emkay Global Financial

Emkay Global Financial is bullish on Ashok Leyland has recommended buy rating on the stock with a target price of Rs 124 in its research report dated December 01, 2020.

Ashok Leyland sales up 5% in November to 10,659 units

Domestic sales increased 4 percent to 9,727 units as against 9,377 units in November 2019, Ashok Leyland said in a regulatory filing.