NEWS ON AUTO
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January 27, 2023, Friday
Tube Investments arm buys e-tractor startup Cellestial E-Mobility
Acquirer was already holding 69.96% of Cellestial. On Friday, it signed a deal to buy the balance 30.04% for Rs 50.90 cr
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January 27, 2023, Friday
Maruti to use cow dung to produce biogas for sustainable mobility solutions
Suzuki is planning to develop CNG automotive solutions around biogas in India and export it to other farming regions, including Africa, Asean, ...
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January 27, 2023, Friday
JK Tyre launches specialised product range, sees demand from EV, SUVs
Company launches smart tyres that give real-time updates about pressure, temperature and punctures to phone app
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January 27, 2023, Friday
Tata Motors surges 6%, hits over 4-month high on strong Q3 performance
Tata Motors will benefit from a macro recovery in India, company-specific volume/margin drivers, and a sharp improvement in FCF and leverage in ...
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January 27, 2023, Friday
Stocks to Watch: Adani Group, Tata Motors, Dr.Reddy's, DLF, Airtel, IGL
Stocks to Watch: Adani Enterprises FPO and Earthstahl & Alloys IPO opens for subscription on Friday. Shares of Adani Group companies also likely ...
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January 26, 2023, Thursday
Weak exports remain an overhang in the near term for Bajaj Auto
Strong realisations helped the company beat estimates in Q3
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January 25, 2023, Wednesday
Tata Motors turns the corner: Swings into profit after 7 quarters
Strong order book, improved chip supply and softening commodity prices major factors
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January 25, 2023, Wednesday
Ceat reports Rs 35 crore net profit in Q3, total income increases
Tyre maker Ceat on Wednesday posted a consolidated net profit of Rs 35 crore for the third quarter ended December 2022. The company had ...
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January 25, 2023, Wednesday
Domestic demand drives Bajaj Auto's small profit growth; net up by 3%
On a standalone basis, the company's net profit was up 23 per cent to Rs 1,491 crore
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January 25, 2023, Wednesday
Tata Motors Q3 result: Consolidated revenue up 22.5% to Rs 88,488 crore
The total income in the December quarter of FY23 stood at Rs 15,967.16 crore, up 27.82 per cent from Rs 12,491.52 crore YoY
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January 25, 2023, Wednesday
TVS Motor gains 3% in weak market on stable Q3 performance
Domestic demand is expected to improve sequentially in 4Q, supported by better rural market sentiment on the back of strong rabi crop sowing and ...
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January 25, 2023, Wednesday
Stocks to Watch: Maruti, TVS Motor, Coffee Day, Indus Towers, SBI Card, IOC
Stocks to Watch: Bajaj Auto, Cipla, Dr.Reddy's, Tata Elxsi and Tata Motors are some of the prominent companies to announce Q3 results on ...
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January 24, 2023, Tuesday
TVS Motor Q3 net up 28% to Rs 304 cr; EV sales surge 80% to 29,000 units
Operating EBITDA grows 16% to Rs 659 crore, EBITDA margin flat at 10.1%
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January 24, 2023, Tuesday
TVS Motor Q3 results: Profit rises 22% to Rs 353 crore on price hikes
TVS', which operates in 80 countries including South Africa, Argentina and Sri Lanka, revenue from operations rose to Rs 6,545 crore from Rs ...
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January 24, 2023, Tuesday
Price hikes, top-end car sales drive Maruti Q3 net up 130% to Rs 2,391 cr
Favourable forex variation, softening commodity prices and higher non-operating income drive performance, consolidated revenue jumps 26.9% to Rs ...
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January 24, 2023, Tuesday
Tata Motors Q3 preview: What to expect from auto major's quarterly results?
Tata Motors Q3 preview: The company, which is scheduled to report its earnings on Wednesday, January 25, could see margin expansion on the back ...
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January 24, 2023, Tuesday
Maruti Suzuki begins probe into alleged purchasing dept wrongdoings
Investigation follows whistleblower complaint that executives took money from suppliers
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January 24, 2023, Tuesday
Maruti Suzuki's net profit in Q3FY23 more than doubles, revenue up 25%
Maruti Suzuki Q3 results: The company sold 465,911 vehicles in the quarter, up from 430,668 units the same quarter last year
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January 24, 2023, Tuesday
Tata Motors gains 4% on heavy volumes; stock surges 12% in one month
Tata Motors and its wholly-owned subsidiary JLR to report December quarter results on Wednesday, January 25, 2023.
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January 24, 2023, Tuesday
Maruti Suzuki probing allegations of malpractices by executives: Report
The company has taken possession of the laptops and phones of the executives under the lens
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January 24, 2023, Tuesday
Tata Motors reducing discounts on trucks to improve margins: Report
Tata Motors sells over 50 per cent of all the medium and heavy trucks in the country yet its margins have remained thin
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January 24, 2023, Tuesday
Stocks to Watch: Axis Bank, Maruti, ConCor, HFCL, Zomato, BoB, Gold related
Stocks to Watch: Delta Corp, L&T Finance Holdings and PVR are the three stocks in F&O ban period on Tuesday.
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January 23, 2023, Monday
Maruti Suzuki Q3 preview: Profit may decline up to 8% QoQ on lower volumes
Maruti Suzuki Q3: Net profit may come in the range of Rs 1,794.4 crore to Rs 1,940 crore, as per brokerages' estimates
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January 20, 2023, Friday
Bajaj Auto's electric Chetak to roll out in Europe by early 2024
Company's Chakan plant has just produced its 1 millionth KTM bike
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January 19, 2023, Thursday
Maharashtra govt approves M&M proposal to set up Rs 10k-cr EV plant in Pune
The two sides signed an agreement to this effect at the World Economic Forum in Davos on Wednesday, M&M Ltd said in a statement
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January 19, 2023, Thursday
Atul Auto hits 3-year high on foray into EV space; zooms 29% in one week
Atul Greentech, a subsidiary of Atul Auto, on January 11, 2023 announced its foray into the electric space with the unveiling of two electric ...
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January 18, 2023, Wednesday
Price war comes to EVs as Tata makes Nexon cheaper after M&M's new launch
Tata says the move was taken after the company received benefits from additional locations, government initiatives, and production efficiency
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January 18, 2023, Wednesday
Consumer Index sees trend reversal ahead of Budget; M&M, ITC near breakout
If the moving average continues to bolster the index, the reversal could see most of the consumer index stocks performing better
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January 17, 2023, Tuesday
Adani, Ashok Leyland to develop Asia's first hydrogen-mining truck
The FCET is scheduled to be launched in India in 2023
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January 17, 2023, Tuesday
Chinese EV makers gearing up to challenge Tata Motors' dominance in India
If MG Motor achieves the sales volume target, it would become the second-largest player in the segment with a market share of 20-24 per cent
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January 17, 2023, Tuesday
Ceat is planning to invest in off-highway tyres segment: Anant Goenka
At Ceat we wanted to grow in our international business, and our OEM customers were becoming more and more exacting in their specifications, ...
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January 12, 2023, Thursday
Maruti Suzuki launches 5-door, 4-wheel drive Jimny at Auto Expo 2023
The company aims to regain 50 per cent market share in the domestic passenger vehicle segment by bolstering its presence in the sports utility ...
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January 11, 2023, Wednesday
Auto Expo 2023: Ashok Leyland to expand scope of its connected network
Through the telematics-driven connected network, the company helps vehicles on the ground in predicting problems along with quick support in ...
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January 11, 2023, Wednesday
No near-term boost likely for auto stocks from Expo 2023, say analysts
Analysts, however, believe investors may adopt 'buy on dips' strategy for the pack as overall sales growth is expected to remain steady going ...
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January 11, 2023, Wednesday
Ashok Leyland showcases six commercial vehicles at the Auto Expo 2023
Auto Expo 2023: The vehicles showcased were 'green' powered by electric options and hydrogen
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January 11, 2023, Wednesday
Maruti Suzuki unveils concept electric SUV 'eVX' at Auto Expo 2023
Maruti Suzuki also displayed its range of 'sustainable' cars like the WagonR Flex Fuel prototype, Brezza S-CNG and Grand Vitara Intelligent ...
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January 11, 2023, Wednesday
Stocks to Watch: Adani Wilmar, CPSEs, Sigachi, Bank of Baroda, PC Jeweller
Stocks to Watch: GNFC and Indiabulls Housing Finance are the only stocks in F&O ban period on Wednesday.
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January 10, 2023, Tuesday
Novelic buy adds to Sona BLW's growth opportunities; stock up 6% in one day
Brokerages are neutral on the stock given near term challenges and valuations
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January 10, 2023, Tuesday
Sona Comstar to acquire 54% stake in Serbian firm NOVELIC; stock jumps 9%
Sona Comstar will acquire this 54 per cent equity stake in NOVELIC for euro 40.5 million through a combination of primary and secondary
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January 10, 2023, Tuesday
CLSA upgrades Tata Motors to 'Buy' after JLR wholesales jump 15% YoY in Q3
Shares of Tata Motors surged 7 per cent in Tuesday's intra-day trade to hit a high of Rs 417.7 apiece
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January 09, 2023, Monday
Jaguar Land Rover reports 5.9% jump in retail sales in Q3, wholesale up 15%
The company owned by Tata Motors said that it reflects gradual improvement in chip supplies
