Foreign Institutional Investors (FIIs) have a huge RS 4,500 CRORE bets blitz on Indian auto shares Disapped since the GST rationalization announcement of Prime Minister Narendra Modi, the announcement of the rationalization, aggressive positions to be a consumption of the sector-Geleide-Geleignebesty-Geleign The dramatic increase in the appetite of foreign investors comes as the decision of […]
Markets expanded their positive line on Wednesday and won almost half a percent. In current trade, shares of Infosys, Zee, Tata Motors, Vedanta, Kotak Mahindra Bank will be in Focus, among other things because of various news developments. InfosysShares of Infosys will focus on the company’s board will meet today to consider a share purchase […]
After being 22% risen in the past month, Eicher Motors, the maker of Royal Enfield, was able to collect himself further, said Bank of America Securities. While retaining his purchase call on the shares, the broker has increased the target price to RS 7,500 (from RS 6,300), which implies an upward potential of almost 10%. […]
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 […]
The popular motorcycles of Royal Enfield under 350cc will benefit from the recent GST rate rate, but larger bicycles in the portfolio will be confronted with a higher load. The GST rate on two-wheelers under 350cc has been reduced from 28 percent to 18 percent. This makes the core models of Royal Enfield, such as […]
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, […]
While India is celebrating the favorable Ganesha Chaturthi Festival, Marktexpert Pravesh Gour, senior technical analyst at Swastika Investmart, has suggested three shares to buy this time for long -term profit. The shares recommended by him include Eicher Motors, Avenue Supermarts and Eternal. This is why Buy Eicher Motors | Goal: RS 6,800 | Upside down: […]
Ajit Mishra, Religare Broking, says that Nifty’s stability at 24,600 after six weeks is encouraging, but an outbreak above 24,800 is essential for meaningful recovery. He sees opportunities in stock -specific transactions that Eicher Motors favor for buying and Indusind Bank for shortage, while midcaps and smallcaps remain under pressure. We discussed the indices, currently […]
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 […]
On Thursday, Eicher Motors reported a growth of 9% in its Q1FY26 consolidated net profit on RS 1,205 crore versus RS 1.101 crore in the period of the year ago. The profit after tax (pat) is due to the owners of the company. The Royal Enfield Maker reported that income from operations on RS 5,042 […]