Automobiles

Ashok Leyland stock jumps 6%, hits record high as financial arm approves merger with NDL Ventures

Trading activity in Ashok Leyland was sharply higher, with volumes rising to 48.1 million shares, well above the 30-day average of 13.9 million shares. The stock is rated “Buy” on average by 36 analysts, with a median price target of Rs 160, according to LSEG data cited by Reuters.

Tata Motors CV arm shares to list on stock exchanges on November 12 after landmark demerger

Tata Motors group's demerged commercial vehicles arm will get listed on Indian stock exchanges later this week. The demerger split Tata Motors into two independent listed entities -- one focused on passenger vehicles (including electric vehicles and Jaguar Land Rover) and the other on commercial vehicles.

Ola Electric Q2 loss narrows to Rs 418 crore, revenue down 43% year-on-year

Ola Electric's net loss narrowed and operating EBITDA loss also improved, even on a sharply lower revenue from operations in Q2 FY26.

Mahindra & Mahindra stock rises 1.4% after strong Q2 earnings beat; brokerages upbeat on growth outlook

Brokerages maintained a bullish stance on Mahindra & Mahindra stock citing sustained momentum in the company’s auto and farm businesses and its improving margin profile.

Mahindra & Mahindra Q2 results: Net profit rises 18% to Rs 4,521 crore on strong SUV sales

Mahindra & Mahindra Q2 results: Revenue up 21% at Rs 35,080 crore

TVS Motor Q2 net profit up 37% to Rs 906 crore, revenue rises 29%

TVS Motor Co Q2 FY26 Results: TVS Motor's fiscal second quarter net profit jumps 37 percent year-on-year, along with an expansion in operating margin.

Hyundai Motor stock call: Brokerages say buy after Rs 45,000-cr investment plan; check target prices, upside

Morgan Stanley, HSBC and Nomura offered bullish views on Hyundai Motor India shares, projecting strong growth through FY30 driven by new product launches, a multi-powertrain strategy and expansion into premium segments.

TVS Motor Q2 PAT seen up 37.6% YoY to Rs. 912 cr: Prabhudas Lilladher

Net Sales are expected to increase by 24.5 percent Y-o-Y (up 14 percent Q-o-Q) to Rs. 11,492.3 crore, according to Prabhudas Lilladher.

Maruti Suzuki Q2 PAT seen up 20.7% YoY to Rs. 3,705.3 cr: Prabhudas Lilladher

Net Sales are expected to increase by 9.9 percent Y-o-Y (up 6.4 percent Q-o-Q) to Rs. 40,890.1 crore, according to Prabhudas Lilladher.

Hero Motocorp Q2 PAT seen up 15.8% YoY to Rs. 1,393.9 cr: Prabhudas Lilladher

Net Sales are expected to increase by 15.1 percent Y-o-Y (up 25.8 percent Q-o-Q) to Rs. 12,048.1 crore, according to Prabhudas Lilladher.

Mahindra and Mahindra Q2 PAT seen up 2.1% YoY to Rs. 3,968.8 cr: Prabhudas Lilladher

Net Sales are expected to increase by 19.7 percent Y-o-Y (down 3.2 percent Q-o-Q) to Rs. 32,984.2 crore, according to Prabhudas Lilladher.

Eicher Motors Q2 PAT seen up 22% YoY to Rs. 1,342.9 cr: Prabhudas Lilladher

Net Sales are expected to increase by 32.8 percent Y-o-Y (up 12.3 percent Q-o-Q) to Rs. 5,663.1 crore, according to Prabhudas Lilladher.

Bajaj Auto Q2 PAT seen up 22.9% YoY to Rs. 2,465.1 cr: Prabhudas Lilladher

Net Sales are expected to increase by 12.8 percent Y-o-Y (up 17.6 percent Q-o-Q) to Rs. 14,802.1 crore, according to Prabhudas Lilladher.

India, Qatar aim to double bilateral trade to $30 billion by 2030: Piyush Goyal

The commerce minister also stated that a trade deal with Qatar could be finalised by mid next year or the third quarter of 2026

India, EU begin 14th round of trade talks in Brussels today

While the EU is seeking greater market access in automobiles and agriculture products, India wants relaxations in the carbon tax on imports of steel, aluminium, cement and fertiliser which kicks in from January

India may offer import duty concessions on high-end cars to the EU

India's offer to the EU will be on similar lines to the one sealed between India and the United Kingdom (UK), subject to further negotiations, said a government official privy to the matter.

EU commissioners to meet commerce, agriculture ministers as next round of FTA talks open

Increased market access and fewer non-tariff barriers are on the agenda as week-long talks begin in New Delhi. The two sides are looking to seal the deal by year-end

Chart of the Day | Some indicators suggest the worst is behind for commercial vehicles

Besides improved E-way billing, there are reasons to believe that replacement demand will improve

Foreign automakers prefer state-level EV schemes over central policy

Foreign players cite flexibility, faster clearances, and comprehensive support from states as key reasons for bypassing the Centre’s SPMEPCI scheme

Foreign firms reluctant as EV policy runs into local sourcing, investment credit norm hurdles

The portal for the EV manufacturing scheme, which was launched on June 24, is yet to receive applications

Ola, Uber, Rapido rides set to get expensive during peak hours as Centre revises rules

The move is likely to hike the cost of travel at a time when some states are enforcing a strict fuel ban on old vehicles, adding to anxiety over rising cost pressures

A balanced India-US mini deal may hinge on last-minute breakthroughs

With less than a fortnight left for President Trump’s reciprocal tariffs to kick in, a team of Indian negotiators landed in the United States on June 26. While India is keen to clinch a mini deal before July 9, officials are getting increasingly wary of a rushed agreement that may lead to disproportionate gains for the US.