Page 6 - Auto Stocks

Auto stocks skid; M&M, Maruti, Hero Moto Corp, TVS Motors plunge up to 12%

Maruti Suzuki India (MSI), the country's largest carmaker, said it was suspending production at its facilities in Haryana "till further notice".

Eicher Motors gains 4% as company to consider interim dividend on March 11

On BS VI transition, the company informed that it has already moved a large part of its product portfolio to BS VI and is seeing a good response to the BS VI motorcycles.

'Don't invest in auto stocks for now; PVs remain most challenging'

A comfortable valuation is always desirable but looking at the valuation from an aggregate perspective may not be very useful, says Nilesh Shah, MD and CEO at Envision Capital.

Renault-Nissan without Carlos Ghosn were worst car stocks of 2019

The two were the worst-performing carmakers on the Bloomberg World Auto Manufacturers Index in 2019, falling 23% and 28%.

Auto shares edge higher; Maruti Suzuki gains 2% on BofAML upgrade

Bank of America Merrill Lynch upgraded Maruti Suzuki India's stock to 'buy' from 'neutral' and raised the target to Rs 8,650 from Rs 7,450 per share

Auto stocks gain on report that Cabinet may approve scrappage policy today

Tata Motors, Mahindra & Mahindra, Bharat Forge and Ashok Leyland from the Nifty Auto index climbed 3 per cent each on the National Stock Exchange.

Nifty Auto index falls 2% in two days after rallying 13% in October

Maruti Suzuki India, Hero MotoCorp and TVS Motor Company slipped 2 per cent each, while M&M, Eicher Motors, Bajaj Auto and Ashok Leyland were each down 1 per cent today.

Street signs: Auto stocks rev up, PSU shares see SLB demand, and more

Shares of public sector undertakings have been moving up the bourses

Auto stocks slide on report GST Council unlikely to back tax cut for sector

A government study has said the total annual revenue loss could be as much as Rs 50,000 crore if the panel decides to lower tax rates for the sector to 18 per cent from 28 per cent.

Maruti, Bajaj Auto, M&M: How to make money in frontline auto stocks

Here's how the scrips of leading two-and four-wheeler manufacturers look on the technical charts.

Maruti, Bajaj Auto gain up to 12% in August. Time to exit auto stocks?

The recent up move, analysts say, was on the hopes of a possible cut in GST rates, which in turn fuelled a relief rally in the counters

Auto stocks gain on reports of a likely cut in GST rate; Tata Motors up 6%

The government's plan comes at a time when the auto sector is grappling with a steep drop in sales due to weak consumer demand.

Auto stocks slide up to 5% as sales see steep fall in August

At 10:00 am, the S&P BSE Auto Index was down 0.7 per cent or 109 points at 15,660, as compared to 0.93 per cent decline in the S&P BSE Sensex

EV push, registration charge hike to dent 2-wheeler segment most: analysts

Analysts say while the decision to slash duty on EVs is a step in the right direction, the proposal to hike registration and renewal charges will hurt the already ailing auto sector

Hero MotoCorp, Bajaj Auto hit fresh 52-week lows as auto stocks skid

According to news reports, the government has proposed an increase in vehicle registration fees

M&M, Bosch, Voda Idea, and 16 other BSE500 stocks slump to three-year lows

A total of 51 stocks including M&M Financial, JSW Steel, Heritage Foods, Eris Lifesciences, Godrej Consumer, L&T Financial Motilal Oswal Financial and Shoppers Stop hit 52-week lows.

Nifty Auto hits three-year low. Analysts see more pain ahead

Thus far in the calendar year 2019, auto index slipped 21 per cent, against 5 per cent rise in the benchmark index

Rout may not be over for Indian car stocks after losing $42 bn in value

Passenger vehicle growth in the financial year ended March was the slowest since 2014

Weak Q3, analysts' downgrades show a painful road ahead for auto stocks

The worry for the sector is not limited to the domestic market

Auto stocks skid on weak Dec sales numbers; Nifty Auto index down nearly 2%

The Nifty Auto index declined as much as 1.8% to 9025.75 levels after the auto companies such as Eicher Motors, M&M and Tata Motors reported lower-than-expected auto sales numbers for December