Auto shares gathered more than 7% on Monday and continued their winning momentum of the last month, with Bharat Forge (7%) led the profit. It was followed by Ashok Leyland, who hit his 52 weeks. Sectorally, the Nifty Auto Index surpassed all its peers who rise more than 3% on an intraday basis. Auto OEMs […]
Car shares collected no less than 6% on Monday prior to the all important two-day GST Council meeting that starts on Wednesday 3 September. Sectorally beat his colleagues with the Nifty Auto Index that ended the day with a 2.8% increase. All 15 shares settled in the Green. The positive sentiments helped to sail shares, […]
Tata Motors shares rose by 3% to reach a day of RS 684.95 on the BSE after expectations of a reduction in GST rates on cars caused a rally on the car sector. Analysts pointed out that TATA Motors stands out as an important beneficiary of the move, with almost 87% of his volumes that […]
Ashok Leyland reported on Thursday a stand -alone net profit of RS 593.73 Crore for Q1 FY26, an increase of 13% on an annual basis (yoj) of RS 525.58 Crore in the period of a year ago. Standing sales from the activities for the quarter ending in June 2025 RS 8,724.51 Crore, a marginal increase […]
The collaboration is intended to make a smarter and more connected logistics ecosystem possible Photocredit: Pankaj Nangia Gro Digital Platforms, a joint venture between commercial vehicles Major Ashok Leyland and Hinduja Leyland Finance, drew a memorandum of agreement with IDFC First Bank to launch Fastag Services for fleet owners throughout India. The cooperation is intended […]
Sudip Bandyopadhyay, group chairman, Inditrade Capital, says that the small cars and two -wheeler are a challenge, and we know that there were a demand restrictions and that everyone had it. We hope that the festive season, Postmoonson, will improve things. Et now: let’s talk about the automatic space, because today all eyes are focused […]
The sale of domestic passenger vehicles rose by around 1%in July, which marked a slight recovery after two consecutive months of decline, in the midst of continuing slow consumer demand. Companies are cautiously optimistic that sales will continue to accelerate during the coming festive season, starting with Onam in August. No fewer than 348,000 cars, […]