BSE Auto

MARUTI SUZUKI: CO GETS FINAL ASSESMENT ORDER FOR DEMAND OF 7.79B RUPEES

HERO MOTOCO: ITAT FAVORS CO, THE ENTIRE TAX DEMAND OF RUPEES 2,336.71 CR FOR ASSESSMENT YEAR 2011-12 HAS BEEN QUASHED

ASHOK LEYLAND: COS CEO SAYS CONTINUE TO EXPAND OUR MARKET PENETRATION ON THE BACK OF EFFICIENT PRODUCTS AND NETWORK EXPANSION, CO SHALL REMAIN ACUTELY FOCUSED ON ACHIEVING MIDTEEN EBITDA IN THE MEDIUM TERM

ASHOK LEYLAND: Q1 EBITDA 9.10B RUPEES VS 8.21B (YOY); EST 9.96B -- Q1 EBITDA MARGIN 10.59% VS 10.07% (YOY); EST 11.3%

ASHOK LEYLAND: Q1 REVENUE 86B RUPEES VS 81.5B (YOY); EST 87.48B

ASHOK LEYLAND: Q1 SL NET PROFIT 5.25B RUPEES VS 5.76B (YOY); EST 5.72B

HERO MOTOCORP: CO TO CONSIDER Q1 RESULT ON AUG 13

MRF: CO TO CONSIDER Q1 RESULT ON AUG 8

HERO MOTOCORP: DELHI HC QUASHES SUMMONS ISSUED TO CO CHAIRMAN PAWAN KANT MUNJAL IN DRI CASE RELATING TO FOREIGN CURRENCY. -PTI

MARUTI SUZUKI: CO SAYS GLOBAL IT ISSUE AFFECTED SEVERAL COMPANIES ACROSS SEVERAL COUNTRIES TODAY; CO HAS BEEN ABLE TO RESUME ITS OPERATIONS NOW -- CO DOES NOT ANTICIPATE ANY MATERIAL IMPACT OF THIS INCIDENT ON ITS PERFORMANCE

APOLLO TYRES: COS PERFORMANCE GOALS - CO SETS THE REVENUE GOALS (FY26) OF USD 5B; EBITDA MORE THAN 15%, ROCE 12% TO 15% - INVESTOR PRESENTATION

BALKRISHNA INDUSTRIES LTD: RS. 62.42 CRORES NSE BLOCK TRADE; FOR ~ 200012 SHARES, AT RS. 3120.85

BAJAJ AUTO: CO WILL COMMENCE PROMOTION OF BIG BIKES FROM KTM IN Q2, WITH SALES STARTING FROM OCT -- CO IS EXPANDING ITS CAPACITY, CAPABILITIES, AND NETWORK FOR NEW BUSINESSES AND LAUNCHES, INCLUDING FREEDOM, NS400, ELECTRIC TWO-WHEELERS, ELECTRIC THREE-WHEELERS, AND TRIUMPH - CONCALL UPDATE

BAJAJ AUTO: CO EXPECTS Q2 TO BE BETTER THAN Q1 AND CONTINUES TO BE ON A GROWTH PATH IN THE EXPORTS BUSINESS UNIT -- CO PROVIDED CAPEX GUIDANCE IN THE RANGE OF RS 700 CR TO RS 800 CR FOR THE YEAR - CONCALL UPDATE

ASHOK LEYLAND: CO SAYS UNIT HINDUJA TECH SIGNS DEFINITIVE AGREEMENT TO ACQUIRE TECOSIM GROUP GMBH -- DEAL FOR ENTERPRISE VALUE OF ABOUT EUR 21M

TVS MOTORS: NORTON ANNOUNCES PLANS FOR INCREASED SALES THROUGH SALES PARTNERS IN USA, GERMANY, FRANCE, ITALY AND INDIA -- NORTON SHARES THE LEADERSHIP TEAM ASSEMBLED THAT WILL TAKE NORTON TO THE GLOBAL STAGE

TVS MOTORS: NORTON MOTORCYCLES CELEBRATES THE BEGINNING OF A NEW ERA WITH PLANS FOR GLOBAL EXPANSION -- NORTON REVEALS PLANS FOR SIX NEW PRODUCTS OVER THE NEXT THREE YEARS

MARUTI SUZUKI: SUZUKI ANNOUNCES TECHNOLOGY STRATEGY FOR 10 YEARS AHEAD -- STRATEGY INCLUDES LIGHT-WEIGHT AND SAFETY BODY, LEAN-BATTERY BEV/HEV (BATTERY ELECTRIC VEHICLE/HYBRID ELECTRIC VEHICLE),HIGH-EFFICIENCY ICE/CNF TECHNOLOGY

EXIDE INDUSTRIES: CO INVESTED ABOUT 750M RUPEES IN EXIDE ENERGY SOLUTIONS ON RIGHTS BASIS

BAJAJ AUTO: CO SAYS TRIUMPH, NEARING ITS ONE-YEAR MARK, ACHIEVED SIGNIFICANT MILESTONES WITH OVER 60,000 UNITS SOLD AND SALES EXCEEDING RUPEES 1,200 CR

BAJAJ AUTO: BAJAJS PULSAR BRAND, WITH ITS PREMIUMIZATION EFFORTS, HAS LED TO A ROBUST QUARTER AND SUSTAINED DOUBLE-DIGIT GROWTH

BAJAJ AUTO: Q1 EBITDA 24.15B RUPEES VS 19.53B (YOY); EST 23.60B -- Q1 EBITDA MARGIN 20.2% VS 19% (YOY); EST 20%

BAJAJ AUTO: Q1 REVENUE 119B RUPEES VS 103.1B (YOY); EST 117B

BAJAJ AUTO: Q1 SL NET PROFIT 19.9B RUPEES VS 16.65B (YOY); EST 19.80B

TATA MOTORS: UP GOVT EXTENDS EV SUBSIDY POLICY TILL 2027 FOR 2 WHEELERS WITH 5000 RUPEES SUBSIDY AND 4 WHEELERS WITH 1 LAKH RUPEES SUBSIDY - CNBC AAWAZ

TATA MOTORS: UP GOVERNMENT EXTENDS EV SUBSIDY TILL 2027

EICHER MOTORS LTD: RS. 63.90 CRORES NSE BLOCK TRADE; FOR ~ 129906 SHARES, AT RS. 4918.95

BALKRISHNA INDUSTRIES: CO COMPLETED MANUFACTURING OF MOULD PLANT AT BHUJ

ASHOK LEYLAND: CO BAGS SINGLE LARGEST ORDER OF 2104 FULLY BUILT BUSES FROM MAHARASHTRA STATE ROAD TRANSPORT CORPORATION WORTH 981.45 CR RUPEES

M&M: BOARD MEETING ON JULY 31 TO CONSIDER Q1 RESULTS

MARUTI SUZUKI INDIA LTD: Rs. 44.49 Crores NSE Block Trade; for ~ 35155 Shares, at Rs. 12655.90

CUMMINS INDIA LTD: Rs. 40.20 Crores NSE Block Trade; for ~ 101909 Shares, at Rs. 3945.00

M&M: CO SAYS STAKE IN GAMAYA SA DILUTED FOLLOWING CAPITAL REORGANIZATION -- CO SAYS REDUCTION IN ITS STAKE IN GAMAYA SA, SWITZERLAND, FROM 15.04% TO 4.33% ON A FULLY DILUTED BASIS

M&M: CO SAYS JUNE TOTAL VEHICLE OUTPUT AT 69,045 UNITS VS 64,092 UNITS (YOY)

TATA MOTORS: BOARD MEETING ON AUG 1 TO CONSIDER Q1 RESULTS

TUBE INVESTMENTS OF INDIA LTD: RS. 436.94 CRORES NSE BLOCK TRADE; FOR ~ 1014629 SHARES, AT RS. 4306.40

M&M: CO SAYS KICKSTARTED EFFORT WITH THE LAUNCH OF AX5 SELECT VARIANT IN MAY 2024 AND ALSO BROUGHT IN 3RD ANNIVERSARY CELEBRATION VARIANT FOR THE HIGHER-END XUV700 FOR A LIMITED PERIOD OF 4 MONTHS

M&M: CO SAYS NEW XUV700 BOOKINGS IN JUNE WERE 23% HIGHER THAN MAY AND THERE IS NO CONCERN OF UNSOLD INVENTORY AS REPORTED BY CERTAIN NEWS CHANNELS/NEWSPAPERS

M&M: CO SAYS DEMAND FOR THE XUV700 CONTINUES TO BE ROBUST AND WE HAVE INCREASED OUR MANUFACTURING CAPACITY IN LINE WITH DEMAND

MAHINDRA & MAHINDRA: CO SAYS ANNOUNCED PRICE CUT OF XUV700 IS CONTINUATION OF BUSINESS STRATEGY EXECUTION

MAHINDRA & MAHINDRA: CO SAYS NO LINKAGE BETWEEN PRICE CUT ON CERTAIN XUV700 VARIANTS AND UP EV/HYBRID POLICY

BAJAJ AUTO: SC REJECTS COS PLEA SEEKING LIFTING OF CAP ON 3 WHEELERS REGISTERED IN DELHI - CNBCTV18

TVS MOTOR: CO LAUNCHES 2024 TVS APACHE RTR 160 - RACING EDITION

TATA MOTORS: JLR INDIA 1Q FY25 RETAIL SALES UP 31% (YOY)

M&M: MAHINDRA GROUP REDUCES THE PRICE OF ITS TOP XUV700 MODEL TO ₹19.49 LAKH EX-SHOWROOM - CNBCTV18

EXIDE INDUSTRIES: CO HIKES PRICES UPTO 3% ACROSS SEGMENTS - ZEE BUSINESS

MARUTI SUZUKI: RC BHARGAVA UP MOVES WILL HAVE A SHORT TERM SALES IMPACT

MARUTI SUZUKI: RC BHARGAVA LOWERING DEPENDENCE ON IMPORTED OIL CANNOT BE ACHIEVED ONLY BY EV - ET NOW

MARUTI SUZUKI: RC BHARGAVA SAYS HYBRID CARS ARE LESS POLLUTING COMPARED TO PETROL AND DIESEL- ET NOW

MARUTI SUZUKI: CO EXEC SAYS TALKS ARE ALSO ONGOING REGARDING TAX CUT ON CNG VEHICLES - ET NOW

TATA MOTORS: REVISED STARTING PRICES OF SUV HARRIER AND SAFARI -- CO TO GIVE BENEFITS UP TO RS 140,000 ON SUV VARIANTS - BBG

EXIDE INDUSTRIES: CO EYEING NAVAL BATTERY TENDERS FOR INDIAN NAVY IN ALGERIA AND RUSSIA - NDTV PROFIT

EXIDE: TO TURN AGGRESSIVE IN GLOBAL NAVAL BATTERY TENDERS -NDTV

TATA MOTORS LTD: RS. 93.68 CRORES NSE BLOCK TRADE; FOR ~ 928595 SHARES, AT RS. 1008.80

M&M: MAHINDRA LAUNCHES MILEAGE GUARANTEE FOR BS6 OBD II TRUCKS

TATA MOTORS: CO SAYS THE WAITING LIST FOR THE NEW RANGE ROVER ELECTRIC CONTINUES TO GROW, WITH OVER 39,000 SIGN UPS

TATA MOTORS: CO SAYS THE MIX OF RANGE ROVER, RANGE ROVER SPORT AND DEFENDER HAS INCREASED TO 68% OF TOTAL WHOLESALE VOLUMES AND TO 59% OF TOTAL RETAIL SALES

TATA MOTORS: JLRS WHOLESALES IN Q1 FY25 WERE 97,755 UNITS, UP 5% VS Q1 FY24 -- JLRS RETAIL SALES IN Q1 FY25 WERE 111,180 UNITS, UP 9% VS Q1 FY24

BAJAJ AUTO: CO ANNOUNCES CNG MOTORCYCLE TO START AT 95000 RUPEES -- CNG MOTORCYCLE FREEDOMS TOP MODEL TO COST 110000 RUPEES

M&M: CO & VOLKSWAGEN GROUP JV LIKELY TO LOOK AT DEVELOPMENT & PRODUCTION OF EV - CNBC TV18 ( CORRECTION )

M&M: CO AND VOLKSWAGEN GROUP JV LIKELY TO LOOK AT DEVELOPMENT AND PRODUCTION OF ELECTIIC VEHICALS

ASHOK LEYLAND LTD: Rs. 22.93 Crores NSE Block Trade; for ~ 1010762 Shares, at Rs. 226.89

BAJAJ AUTO: CO SET TO LAUNCH WORLDS FIRST CNG BIKE FREEDOM 125 ON FRIDAY - BUSINESS STANDARD

MARUTI SUZUKI INDIA: BOARD MEETING ON JULY 31 TO CONSIDER Q1 RESULTS

TATA MOTORS: EU MOVES AHEAD WITH PLANNED TARIFFS ON EV IMPORTS FROM CHINA - BBG

TATA MOTORS: JUNE UK JLR SALES AT 6421 UNITS VS 6099 UNITS (YOY); 6093 UNITS (MOM)

TVS MOTOR CO LTD: RS. 64.76 CRORES NSE BLOCK TRADE; FOR ~ 276825 SHARES, AT RS. 2339.40

TVS MOTOR CO LTD: Rs. 47.01 Crores NSE Block Trade; for ~ 202296 Shares, at Rs. 2323.85

MARUTI SUZUKI INDIA LTD: Rs. 43.41 Crores NSE Block Trade; for ~ 36037 Shares, at Rs. 12045.65

BALKRISHNA INDUSTRIES LTD: Rs. 33.04 Crores NSE Block Trade; for ~ 104970 Shares, at Rs. 3148.00

MARUTI SUZUKI INDIA LTD: RS. 90.40 CRORES NSE BLOCK TRADE; FOR ~ 75180 SHARES, AT RS. 12025.00

EICHER MOTORS: JUNE (MOTORCYCLE) TOTAL SALES 73,141 UNITS VS EST: 73,480 UNITS ; 77,109 UNITS (YOY); 71,010 UNITS (MOM)

HERO MOTOCORP: CO ACHIEVED ITS HIGHEST-EVER DISPATCHES FOR THE VIDA V1 -- CO WILL BE EXPANDING ITS EV PORTFOLIO WITH NEW PRODUCTS IN THE MID AND MASS SEGMENTS THIS FISCAL

HERO MOTOCORP: JUNE TOTAL SALES 503,448 UNITS VS EST: 487,100 UNITS; 436,993 UNITS (YOY); 498,123 UNITS (MOM)

TVS MOTOR: JUNE TOTAL SALES 333,646 UNITS VS EST: 353,300 UNITS; 316,400 UNITS (YOY); 369,914 UNITS (MOM)

TATA MOTORS: JUNE TOTAL SALES 71,147 UNITS VS EST: 76,700 UNITS; 80,300 UNITS (YOY); 76,766 UNITS (MOM)

EICHER MOTORS: JUNE (CV) TOTAL SALES 7,424 UNITS VS EST: 7,320 UNITS; 6,715 UNITS (YOY)

ASHOK LEYLAND: JUNE TOTAL SALES 14,940 UNITS VS EST: 15,550 UNITS ; 15,221 UNITS (YOY)

MARUTI SUZUKI: JUNE TOTAL SALES 179,228 UNITS VS EST: 162,500 UNITS; 159,418 UNITS (YOY)

MAHINDRA & MAHINDRA: CO SAYS DEMAND FOR TRACTORS IS LIKELY TO REMAIN STRONG IN THE UPCOMING MONTHS

M&M: JUNE (TRACTOR) TOTAL SALES 47319 UNITS VS EST: 44,400 UNITS; 44,478 UNITS (YOY)

M&M: JUNE (AUTO)TOTAL SALES 69,400 UNITS VS EST: 72,600 UNITS; 62,429 UNITS (YOY)

BAJAJ AUTO: JUNE TOTAL SALES 358,477 UNITS VS EST: 336,060 UNITS; 340,981 UNITS (YOY)

TVS MOTOR: CO SAYS SUBSCRIBED TO, ALLOTTED FURTHER ABOUT 6.9M SHARES OF TVS CREDIT SERVICES --COST OF ACQUISITION AT 2.83B RUPEES

EXIDE: CO TO PRICE LITHIUM-ION BATTERY IN TUNE WITH IMPORT PRICE -- CO SAYS IMPORTED LITHIUM-ION BATTERY CURRENTLY COST $134-$150/KWH -- CO SAYS IMPORTED LITHIUM-ION BATTERY PRICE TO FALL TO $130/KWH BY 2025 - ET NOW

TATA MOTORS LTD: Rs. 40.16 Crores NSE Block Trade; for ~ 406860 Shares, at Rs. 987.00

TVS MOTOR CO: CO INCORPORATES A UNIT NAMED TVS MOTOR CO DMCC IN DUBAI WITH AED 50,000 INVESTMENT TO ENHANCE BUSINESS PERFORMANCE IN MEA MARKETS

MARUTI SUZUKI INDIA LTD: Rs. 24.36 Crores NSE Block Trade; for ~ 20223 Shares, at Rs. 12047.95

MAHINDRA & MAHINDRA LTD: RS. 75.86 CRORES NSE BLOCK TRADE; FOR ~ 268980 SHARES, AT RS. 2820.35

HERO MOTO CORP: THE NEW FACILITY TO BE SET UP AT BIDKIN, AURANGABAD INDUSTRIAL CITY (AURIC), WILL MANUFACTURE BOTH ELECTRIC TWO-WHEELERS AND BATTERY PACKS - MONEYCONTROL

HERO MOTO CORP: ATHER ENERGY TO INVEST OVER RS 2,000 CRORE ON 3RD PLANT IN MAHARASHTRA - MONEYCONTROL

EXIDE INDUSTRIES: CO FURTHER INVESTMENT IN WHOLLY OWNED SUBSIDIARY THROUGH RIGHTS ISSUE -- INVESTED 500M RUPEES IN EXIDE ENERGY SOLUTIONS

BAJAJ AUTO: CO HAS SET UP AND COMMENCED THE COMMERCIAL PRODUCTION AT ITS NEW MANUFACTURING PLANT IN BRAZIL -- BRASIL PLANT HAS A PRODUCTION CAPACITY OF 20,000 UNITS PER YEAR IN A SINGLE SHIFT

BALKRISHNA INDUSTRIES LTD: Rs. 31.92 Crores NSE Block Trade; for ~ 100999 Shares, at Rs. 3160.00

EXIDE INDUSTRIES: CO TO CONSIDER Q1 RESULT ON JULY 30

BOSCH: CO TO CONSIDER Q1 RESULTS ON AUG.6

EICHER MOTORS LTD: RS. 66.13 CRORES NSE BLOCK TRADE; FOR ~ 137476 SHARES, AT RS. 4810.50

HERO MOTOCORP: CO TO REVISE PRICES OF MOTORCYCLES & SCOOTERS FROM JULY 1, 2024 -- CO SAYS THE PRICE REVISION WILL BE UP TO RS. 1,500

TVS MOTOR: CO TO PARTNER WITH CSC GRAMEEN eSTORES FOR ITS COMMERCIAL VEHICLE RANGE

MARUTI SUZUKI INDIA LTD: RS. 106.02 CRORES NSE BLOCK TRADE; FOR ~ 87018 SHARES, AT RS. 12183.55

MAHINDRA & MAHINDRA LTD: Rs. 39.95 Crores NSE Block Trade; for ~ 136032 Shares, at Rs. 2936.65

TATA MOTORS: CO SAYS PRICE INCREASE IS TO OFFSET THE IMPACT OF RISING COMMODITY PRICES -- CO SAYS PRICE INCREASE UP TO 2%

TATA MOTORS: CO ANNOUNCES PRICE INCREASE OF ITS COMMERCIAL VEHICLES FROM JULY 2024

EICHER MOTORS LTD: Rs. 28.98 Crores NSE Block Trade; for ~ 59361 Shares, at Rs. 4882.20

TATA MOTORS: JLR MAINTAINS TARGET OF 10% EBIT MARGIN IN FY26 - INVESTOR PRESENTATION

TATA MOTORS: CJLR IS THE 50/50 JOINT VENTURE OF JAGUAR LAND ROVER LTD AND CHERY AUTOMOBILE CO LTD

TATA MOTORS: CJLR WILL PIVOT ITS PRODUCT RANGE WITH THE REBIRTH OF THE FREELANDER BRAND, WITH A NEW PORTFOLIO BASED ON CHERY’S EV ARCHITECTURE, MANUFACTURED IN CHANGSHU

TATA MOTORS: COS UNIT JLR & CHERY SIGN LOI TO LICENSE FREELANDER BRAND TO CJLR FOR CREATION OF EVS IN CHINA

ASHOK LEYLAND: CO ANNOUNCED A SIGNIFICANT CHANGE IN THE RATIO ADJUSTED FROM 60:1 (ONE GDR EQUIVALENT TO 60 UNDERLYING SHARES) TO 1:1 (ONE GDR EQUIVALENT TO ONE UNDERLYING SHARE)

MAHINDRA & MAHINDRA LTD: RS. 60.80 CRORES NSE BLOCK TRADE; FOR ~ 204424 SHARES, AT RS. 2974.10

EXIDE INDUSTRIES LTD: Rs. 40.62 Crores NSE Block Trade; for ~ 744694 Shares, at Rs. 545.50

CUMMINS INDIA LTD: RS. 72.09 CRORES NSE BLOCK TRADE; FOR ~ 193838 SHARES, AT RS. 3718.85

CUMMINS INDIA LTD: RS. 56.14 CRORES NSE BLOCK TRADE; FOR ~ 151113 SHARES, AT RS. 3715.05

EXIDE INDUSTRIES: CO INVESTED ABOUT 750M RUPEES VIA SUBSCRIPTION IN SHARE CAPITAL OF UNIT -- CO INVESTED VIA SUBSCRIPTION IN SHARE CAPITAL OF EXIDE ENERGY SOLUTIONS ON RIGHTS BASIS

TUBE INVESTMENTS: co ENTERED INTO DEFINITIVE AGREEMENT(S) WITH SOUTH ASIA GROWTH INVEST III LLC, SOUTH ASIA EBT TRUST III -- PROPOSED FUND RAISING BY TICMPL WILL HELP SCALE UP OPERATIONS OF TICMPL, UNITS

TUBE INVESTMENTS: co ENTERED INTO DEFINITIVE AGREEMENT(S) WITH SOUTH ASIA GROWTH INVEST III LLC, SOUTH ASIA EBT TRUST III -- PROPOSED FUND RAISING BY TICMPL WILL HELP SCALE UP OPERATIONS OF TICMPL, UNITS

TUBE INVESTMENTS: CO, TL CLEAN MOBILITY ENTERED INTO DEFINITIVE AGREEMENT(S) -- AGREEMENT FOR ADDITIONAL SUBSCRIPTION TOWARDS PREFERENCE SHARES FOR 1.6B RUPEES IN TL CLEAN MOBILITY

TATA MOTORS: CO AIM TO DELIVER 25%+ MARKET SHARE ACROSS MARKET -- CO ALSO AIM EV EBITDA BREAKEVEN IN FY26

TATA MOTORS: CO SAYS INDIA BUSINESS NET DEBT FREE IN FY24 -- CO SAYS JLR ON TRACK TO BECOME NET DEBT FREE IN FY25

EICHER MOTORS LTD: RS. 50.89 CRORES NSE BLOCK TRADE; FOR ~ 106156 SHARES, AT RS. 4794.30

MAHINDRA & MAHINDRA LTD: Rs. 34.23 Crores NSE Block Trade; for ~ 121050 Shares, at Rs. 2827.95

EXIDE INDUSTRIES LTD: Rs. 18.72 Crores NSE Block Trade; for ~ 353664 Shares, at Rs. 529.45

TATA MOTORS: CO LAUNCHES ALTROZ RACER, PRICES START FROM RS 9.49 LAKH

MAHINDRA & MAHINDRA LTD: Rs. 48.58 Crores NSE Block Trade; for ~ 180114 Shares, at Rs. 2697.05

ASHOK LEYLAND: CO SAYS GOPAL MAHADEVAN HAS CEASED TO BE CFO

HERO MOTOCORP: CO APPROVED PURCHASE OF ADDITIONAL SHARES OF ATHER ENERGY -- COST OF ACQUISITION 1.24B RUPEES; INVESTMENT FOR ACQUISITION OF UPTO 2.2% SHARES OF ATHER ENERGY

MAHINDRA & MAHINDRA LTD: RS. 67.93 CRORES NSE BLOCK TRADE; FOR ~ 253585 SHARES, AT RS. 2678.95

TUBE INVESTMENTS OF INDIA: CO SAYS AGREEMENT FOR SUBSCRIPTION TOWARDS SHARES, COMPULSORILY CONVERTIBLE PREFERENCE SHARES IN TICMPL WORTH ABOUT 3.1B RUPEES

TUBE INVESTMENTS OF INDIA: CO, UNIT ENTERED INTO SECURITIES SUBSCRIPTION AGREEMENT WITH LUXEMBOURG SPECIALIST INVESTMENT FUND FCP-RAIF

TATA MOTORS: MAY UK JLR SALES AT 6,093 UNITS VS 4,732 UNITS (YOY)

TATA MOTORS: CO SAYS MERGER OF TATA MOTORS FINANCE WITH TATA CAPITAL -- CO WILL EFFECTIVELY HOLD 4.7% STAKE IN MERGED ENTITY

TATA MOTORS: CO APPROVED INCORPORATION OF WHOLLY OWNED SUBSIDIARY WITH PROPOSED NAME AS TML COMMERCIAL VEHICLES -- TMLCVL IS PROPOSED TO BE INCORPORATED WITH PAID-UP CAPITAL OF 1M RUPEES

BALKRISHNA INDUSTRIES LTD: Rs. 15.35 Crores NSE Block Trade; for ~ 50338 Shares, at Rs. 3050.00

ASHOK LEYLAND: MAY TOTAL SALES 14,682 UNITS VS EST: 14,520; 13,134 UNITS (YOY)

HERO MOTOCORP: MAY TOTAL SALES 4,98,123 UNITS VS EST: 5,20,200; 5,19,474 UNITS (YOY)

EICHER MOTORS: MAY CV TOTAL SALES 6,901 UNITS VS EST: 5,400 UNITS; 6,289 UNITS (YOY)

EICHER MOTORS: MAY TOTAL (MOTORCYCLE) SALES 71,010 UNITS VS EST 76,060 UNITS; 77,461 UNITS (YOY)

TATA MOTORS: MAY TOTAL DOMESTIC SALES 76,766 UNITS VS EST 81,790 UNITS; 74,973 UNITS (YOY)

M&M: MAY TOTAL TRACTOR SALES AT 37,109 UNITS VS EST: 33,220; 34,126 UNITS (YOY)

MARUTI SUZUKI: MAY TOTAL SALES 174,551 UNITS VS EST 178,080 UNITS; 178,083 UNITS (YOY)

TVS MOTORS: CO SAYS ELECTRIC VEHICLES GREW BY 4% WITH SALES INCREASING FROM 17,953 UNITS IN MAY 2023 TO 18,674 UNITS IN MAY 2024

TVS MOTORS: MAY TOTAL SALES 3,69,914 UNITS VS EST: 3,84,330 UNITS; 3,30,609 UNITS (YOY)

M&M: MAY AUTO SALES TOTAL SALES 71,682 UNITS VS EST: 75,550 UNITS; 61,415 UNITS (YOY)

MARUTI SUZUKI: CO SAYS PRICES OF AGS VARIANTS ACROSS MODELS HAVE BEEN REDUCED BY RS 5,000/- -- THE PRICES WILL COME INTO EFFECT FROM TODAY I.E. 1ST JUNE, 2024

CUMMINS: CO MAINTAINS DOUBLE DIGIT GROWTH GUIDANCE FOR FY25

CUMMINS INDIA: Q4 EBITDA 5.44B RUPEES VS 3.26B (YOY)-- Q4 EBITDA MARGIN 23.99% VS 17.26% (YOY)

CUMMINS INDIA: Q4 REVENUE 22.69B RUPEES VS 18.9B (YOY); EST 21.87B

CUMMINS INDIA: Q4 SL NET PROFIT 5.62B RUPEES VS 3.2B (YOY); EST 3.55B

CUMMINS INDIA LTD: Rs. 26.61 Crores NSE Block Trade; for ~ 70575 Shares, at Rs. 3770.00

MAHINDRA & MAHINDRA LTD: RS. 64.71 CRORES NSE BLOCK TRADE; FOR ~ 252679 SHARES, AT RS. 2561.00

ASHOK LEYLAND: CO ARE PREPARING TO MAKE SUPPLIES OF 950 ELECTRIC BUSES TO DELHI AND 320 BUSES TO BANGALORE. THE DEVELOPMENT OF OUR E1 ELECTRIC BUS FOR EUROPE AND MIDDLE EAST IS IN ADVANCED STAGES - CONCALL UPDATE

ASHOK LEYLAND: CO PLANS TO LAUNCH SIX NEW PRODUCTS IN THE 2 TONS TO 3.5 TONS SCV SEGMENT IN FY 25, WHICH SHOULD BOOST ITS MARKET SHARE IN THAT SEGMENT - CONCALL UPDATE

ASHOK LEYLAND: GUIDANCE FOR THE CURRENT YEAR IS POSITIVE, WITH EXPECTATIONS OF 2-3% GROWTH IN THE INDUSTRY -- CO HAS BEEN INVESTING IN THE DEVELOPMENT OF NEW VEHICLES, INCLUDING A NEW 12 METER LOW FLOOR BUS FOR EUROPE - CONCALL UPDATE

EXIDE INDUSTRIES: CO SAYS THE TOTAL INVESTMENT IN PHASE ONE OF CAPEX WILL BE APPROXIMATELY RUPEES 5,000 CRORES - CONCALL UPDATE

EXIDE INDUSTRIES: CO PROVIDED GUIDANCE FOR THE LEAD ACID BUSINESS, WITH DEMAND EXPECTED TO REMAIN UPBEAT IN THE NEAR TO MEDIUM TERM - CONCALL UPDATE

BOSCH: CO RECOMMENDED A FINAL DIVIDEND OF 170 RUPEES PER EQUITY SHARE

BOSCH: Q4 EBITDA 5.57B RUPEES VS 5.22B (YOY) -- Q4 EBITDA MARGIN 13.16% VS 12.86% (YOY)

BOSCH: Q4 REVENUE 42.3B RUPEES VS 40.63B (YOY)

BOSCH: Q4 SL NET PROFIT 5.65B RUPEES VS 3.99B (YOY)

ASHOK LEYLAND: CO EXEC SAYS CO TO LAUNCH 2ND ELECTRIC LIGHT CV IN NEXT FEW MONTHS

ASHOK LEYLAND: Q4 EBITDA 16.62B RUPEES VS 12.68B (YOY) -- Q4 EBITDA MARGIN 14.82% VS 10.95% (YOY)

ASHOK LEYLAND: Q4 REVENUE 112.7B RUPEES VS 116.26B (YOY)

ASHOK LEYLAND: Q4 SL NET PROFIT 9B RUPEES VS 7.51B (YOY)

TATA MOTORS: JLR ANNOUNCES COMMENCEMENT OF LOCAL CKD OPS OF THE RANGE ROVER AND RANGE ROVER SPORT AT ITS PUNE FACILITY -- PRICES SAID TO COME DOWN BY 30-40 LAKHS INR

TATA MOTORS LTD: Rs. 20.76 Crores NSE Block Trade; for ~ 214920 Shares, at Rs. 966.00

SUNDRAM FASTENERS: CO DECLARED A SECOND INTERIM DIVIDEND OF 4.17 RUPEES PER SHARE

SUNDRAM FASTENERS: Q4 EBITDA 2.28B RUPEES VS 2.27B (YOY) -- Q4 EBITDA MARGIN 15.57% VS 15.68% (YOY)

SUNDRAM FASTENERS: Q4 REVENUE 14.66B RUPEES VS 14.5B (YOY)

SUNDRAM FASTENERS: Q4 CONS NET PROFIT 1.34B RUPEES VS 1.26B (YOY)

APOLLO TYRES: BLOCK DEAL ALERT - WARBURG PINCUS ENTITIES LIKELY TO SELL STAKE VIA BLOCK DEALS -- BLOCK DEAL SIZE $100 MN TO $120 MN (BASE SIZE RS 850 CRORES) -- DISCOUNT OF UPTO 4% TO CMP WITH GOOD DEMAND FROM DOMESTIC FUNDS -- IIFL BROKER TO DEAL - CNBC AWAAZ, CITING SOURCES

TVS MOTOR: CO EXPANDS ITS GLOBAL ELECTRIC VEHICLE BUSINESS WITH THE LAUNCH OF TVS IQUBE ELECTRIC SCOOTER IN SRI LANKA -- TVS IQUBE, PRICED AT LKR 10,99,760

BALKRISHNA INDUSTRIES: CO HAS RECOMMENDED PAYMENT OF FINAL DIVIDEND OF 4 RUPEES PER EQUITY SHARE

BALKRISHNA INDUSTRIES: Q4 EBITDA 6.8B RUPEES VS 4.8B (YOY) -- Q4 EBITDA MARGIN 25.4% VS 20.71% (YOY)

BALKRISHNA INDUSTRIES: Q4 REVENUE 26.82B RUPEES VS 23.2B (YOY)

BALKRISHNA INDUSTRIES: Q4 CONS NET PROFIT 4.87B RUPEES VS 2.6B (YOY)

APOLLO TYRES: CO TO ACQUIRE 5.09% SHAREHOLDING OF GREEN INFRA WIND ENERGY GENERATION

MAHINDRA & MAHINDRA LTD: Rs. 29.73 Crores NSE Block Trade; for ~ 117778 Shares, at Rs. 2524.60

M&M: COS TOTAL AUTO INVESTMENT PLAN FOR FY25 - FY27 AT 270B RUPEES

M&M: CO APPROVED AN INVESTMENT OF RUPEES 12,000 CR IN MEAL TO FUND EV JOURNEY OVER THE NEXT 3 YEARS

MAHINDRA & MAHINDRA:CO APPROVED AN INVESTMENT OF RS. 12,000 CR. IN MEAL TO FUND OUR EV JOURNEY OVER THE NEXT 3 YEARS

M&M: CO CFO SAYS REPAID DEBT OF 3.1K CR AND DELIVERED ROE OF 18.4%

MAHINDRA & MAHINDRA: Q4 EBITDA 34.45B RUPEES VS 28.30B (YOY); EST 28.56B -- Q4 EBITDA MARGIN 13.55% VS 12.52% (YOY); EST 11.9%

MAHINDRA & MAHINDRA:CO RECOMMENDED DIVIDEND OF RS. 21 PER EQUITY SHARE

MAHINDRA & MAHINDRA: Q4 REVENUE 254B RUPEES VS 225.7B (YOY); EST 239.71B

MAHINDRA & MAHINDRA: Q4 SL NET PROFIT 20.4B RUPEES VS 15.48B (YOY); EST 18B

EICHER MOTORS: INITIAL INVESTMENT AS ENVISAGED IN SHARES OF JV CO SHALL BE 5M RUPEES -- UNIT TO INVEST UPTO 2.55M RUPEES IN JV CO

EICHER MOTORS: UNIT SHALL HOLD 51% OF SHARE CAPITAL OF JV AND REMAINING 49% SHALL BE HELD BY ITRIANGLE

EICHER MOTORS: CO UNIT VE COMMERCIAL VEHICLES ESTABLISHED JV WITH ITRIANGLE INFOTECH TO DELIVER FLEET MANAGEMENT SOLUTIONS FOR TRUCK, BUS CUSTOMERS

TVS MOTOR: CO HAS LAUNCHED ITS OPERATIONS IN ITALY; CO WILL INTRODUCE A SELECTION OF ITS ADVANCED, HIGH-QUALITY THERMIC AND ELECTRIC SCOOTERS AND MOTORCYCLES -- CO IS EXPANDING ITS OPERATIONS IN ITALY VIA ITS BRANCH OFFICE, TVS MOTOR ITALIA, HEADED BY DR. GIOVANNI NOTARBARTOLO DI FURNARI

APOLLO TYRE: CO SAYS FOR EUROPEAN BUSINESS IN TERMS OF OUTLOOK, WE EXPECT THE MARKET GROWTH TO IMPROVE VIS-À-VIS LAST YEAR -- OPERATING PERFORMANCE IS EXPECTED TO REMAIN STRONG WITH OUR CONSTANT FOCUS ON SALES MIX IMPROVEMENT AND COST OPTIMIZATION - INVESTOR PRESENTATION

APOLLO TYRE: CO SAYS IN TERMS OF OUTLOOK, WE EXPECT THE MARKET GROWTH TO IMPROVE VIS-À-VIS LAST YEAR -- OPERATING PERFORMANCE IS EXPECTED TO REMAIN STRONG WITH OUR CONSTANT FOCUS ON SALES MIX IMPROVEMENT AND COST OPTIMIZATION - INVESTOR PRESENTATION

APOLLO TYRE: CO SAYS GROSS DEBT DURING THE PERIOD CAME DOWN FROM 56B RUPEES IN MARCH 23 TO 39B RUPEES IN MARCH 24

APOLLO TYRES: CO HAS EXCEPTIONAL ITEM OF 368M RUPEES

APOLLO TYRES: CO RECOMMENDED DIVIDEND OF 6 RUPEES PER EQUITY SHARE

APOLLO TYRES: Q4 EBITDA 10.28B RUPEES VS 9.99B (YOY) -- Q4 EBITDA MARGIN 16.43% VS 15.98% (YOY)

APOLLO TYRES: Q4 CONS NET PROFIT 3.54B RUPEES VS 4.10B (YOY) -- Q4 REVENUE 62.58B RUPEES VS 62.47B (YOY)

EXIDE INDUSTRIES: CO SAYS INVESTED 750 MLN RUPEES VIA SUBSCRIPTION IN SHARES OF EXIDE ENERGY SOLUTIONS

MAHINDRA & MAHINDRA: CO SAYS SALE OF ENTIRE 30.83% STAKE HELD IN NEW DELHI CENTRE FOR SIGHT LIMITED BY MAHINDRA HOLDINGS -- DEAL FOR 4.25B RUPEES

MARUTI SUZUKI: CO LAUNCHES 2 NEW VARIANTS OF FRONX AT AN EX-SHOWROOM PRICE OF 8.93 LAKH RUPEES & 9.43 LAKH RUPEES

TUBE INVESTMENTS: CO BOARD APPROVES BORROWING UPTO 3.5B RUPEES VIA LOAN/BONDS

HERO MOTOCORP: CO CEO SAYS CO PIONEERED THE AUTOMOTIVE TAXONOMY FOR THE AUTO INDUSTRY, MAKING IT EASIER FOR CUSTOMERS TO FIND VEHICLE PARTS AND ACCESSORIES TO BEGIN WITH

HERO MOTOCORP: CO JOINS THE ONDC NETWORK, THEREBY BECOMING THE FIRST AUTO CO IN THE COUNTRY TO JOIN THE NETWORK

TVS MOTOR: CO INTRODUCES NEW VARIANTS TO THE TVS IQUBE PORTFOLIO FOR MAKING ELECTRIC MOBILITY ACCESSIBLE TO EVERYONE

TUBE INVESTMENTS OF INDIA: Q4 EBITDA 4.5B RUPEES VS 4.94B (YOY) -- Q4 EBITDA MARGIN 10.05% VS 13.06% (YOY)

TUBE INVESTMENTS OF INDIA: Q4 REVENUE 45B RUPEES VS 37.78B (YOY)

TUBE INVESTMENTS OF INDIA: Q4 CONS NET 1.9B PROFIT RUPEES VS 3B (YOY)

TUBE INVESTMENTS OF INDIA: Q4 CONS NET PROFIT 2B RUPEES VS 3B (YOY) -- Q4 REVENUE 45B RUPEES VS 37.78B (YOY)

TATA MOTORS: CO SAYS WILL CONTINUE TO DELIVER STRONG EBITDA PERFORMANCE AND FOCUS ON NET CASH WILL CONTINUE FOR CV SEGEMENT -- CO SAYS WILL INTENSIFY OUR EFFORTS TO GROW MARKET SHARE, PROFITABLY AND CONSISTENTLY, IN EVERY BUSINESS SEGMENT

TATA MOTORS: CO SAYS CONFIDENT OF DELIVERING A STRONG PERFORMANCE IN FY25 -- REMAIN CAUTIOUSLY OPTIMISTIC ABOUT DOMESTIC DEMAND OF CVS

TATA MOTORS: CO SAYS EXPECT THE DEMAND FOR PASSENGER CARS TO REMAIN STRONG -- CO SAYS DEMAND FOR CVS IS EXPECTED TO IMPROVE FROM H2 FY25

TATA MOTORS: CO SAYS REMAIN CAUTIOUSLY OPTIMISTIC ON DOMESTIC DEMAND OVER THE FULL YEAR AND EXPECT H1 TO BE RELATIVELY WEAKER -- PREMIUM LUXURY SEGMENT DEMAND IS LIKELY TO REMAIN RESILIENT DESPITE EMERGING CONCERNS ON OVERALL DEMAND

TATA MOTORS: CO SAYS EXPECT JLR EBIT MARGINS IN FY25 TO BE AROUND THE FY24 LEVEL -- ANTICIPATE MODEST INCREASE IN JLR INVESTMENT SPEND TO £3.5B BUT STILL EXPECT TO BECOME NET DEBT ZERO DURING FY25

TATA MOTORS: CO HAS EXCEPTIONAL ITEM OF 880.9M RUPEES

TATA MOTORS: CO HAS RECOMMENDED A FINAL DIVIDEND OF 3 RUPEES PER ORDINARY SHARE AND 3.10 RUPEES PER A ORDINARY SHARE AND A SPECIAL DIVIDEND OF 3 RUPEES PER ORDINARY SHARE AND 3.10 RUPEES PER A ORDINARY SHARE

TATA MOTORS: Q4 EBITDA 171.35B RUPEES VS 131.14B (YOY); 177B EST -- Q4 EBITDA MARGIN 14.28% VS 12.38% (YOY); 14.7% EST

TATA MOTORS: Q4 CONS NET PROFIT 174.07B RUPEES VS 54.08B (YOY); 73.76B EST -- Q4 REVENUE 1.2T RUPEES VS 1.06T (YOY); 1.2T EST

MARUTI SUZUKI: CO LAUNCHES EPIC NEW SWIFT WITH ALL-NEW Z-SERIES ENGINE

TVS MOTOR: CO SAYS DURING LAST YEAR, THE EV VOLUME GREW BY 100%

TVS MOTOR: Q4 EBITDA 9.26B RUPEES VS 6.80B (YOY); 8.97B EST -- Q4 EBITDA MARGIN 11.34% VS 10.3% (YOY); 11% EST

TVS MOTOR: Q4 SL NET PROFIT 4.85B RUPEES VS 4.1B (YOY); 5.4B EST -- Q4 REVENUE 81.69B RUPEES VS 66.05B (YOY); 80.2B EST

HERO MOTOCORP: CO EXEC SAYS CAPEX GUIDANCE REMAINS BETWEEN 10 BLN RUPEES AND 15 BLN RUPEES FOR FY25

HERO MOTOCORP: CO EXEC SAYS WILL HAVE 10,000 UNITS PER MONTH CAPACITY FOR KARIZMA, MAVRICK, AND HARLEY IN ANOTHER ONE OR TWO MONTHS

HERO MOTOCORP: CO SAYS GOING TO BOOST SCOOTER PORTFOLIO BY LAUNCHING XOOM 125 CC AND XOOM 160 CC IN FIRST HALF OF THE FISCAL

HERO MOTOCORP: CO SAYS COMING YEAR WILL BE TAKING BIG STRIDES IN EV, THROUGH PRODUCT LAUNCHES IN MID AND AFFORDABLE SEGMENT

HERO MOTOCORP: CO EXEC SAYS THEY SEE A VERY POSITIVE OUTLOOK FOR UPCOMING YEARS

HERO MOTOCORP: CO DECLARED DIVIDEND OF 40 RUPEES PER SHARE

HERO MOTOCORP: Q4 EBITDA 13.6B RUPEES VS 10.84B (YOY); 13.62B EST -- Q4 EBITDA MARGIN 14.29% VS 13.05% (YOY); 14.4% EST

HERO MOTOCORP: Q4 REVENUE 95.19B RUPEES VS 83.07B (YOY);94.17B EST

HERO MOTOCORP: Q4 REVENUE 95.19B RUPEES VS 83.07B (YOY);94.17B EST

HERO MOTOCORP: Q4 SL NET PROFIT 10.2B RUPEES VS 8.59B (YOY); 10.66B EST

MARUTI SUZUKI INDIA LTD: RS. 50.09 CRORES NSE BLOCK TRADE; FOR ~ 40065 SHARES, AT RS. 12503.15

MAHINDRA & MAHINDRA LTD: RS. 55.11 CRORES NSE BLOCK TRADE; FOR ~ 252514 SHARES, AT RS. 2182.55

MAHINDRA & MAHINDRA: NCLT ALLOWS SCHEME OF MERGER BY ABSORPTION OF MAHINDRA HEAVY ENGINES, MAHINDRA TWO WHEELERS, TRRINGO.COM WITH CO

TATA MOTORS: APRIL UK JLR SALES AT 5627 UNITS VS 4722 UNITS (YOY)

MARUTI SUZUKI INDIA LTD: RS. 326.08 CRORES NSE BLOCK TRADE; FOR ~ 264191 SHARES, AT RS. 12342.45

TUBE INVESTMENTS OF INDIA: TI CLEAN MOBILITY SIGNS DEFINITIVE DOCUMENTS FOR ADDITIONAL INVESTMENT; TO RAISE CAPITAL OF ABOUT 5.80B RUPEES

BAJAJ AUTO: COS BIGGEST PULSAR NS400Z AT RS 1.85 LAKH HOPES TO WOO NEW BUYERS - MONEYCONTROL

MRF: Q4 EBITDA 8.86B RUPEES VS 8.42B (YOY) -- Q4 EBITDA MARGIN 14.26% VS 14.71% (YOY)

MRF: Q4 REVENUE 62.1B RUPEES VS 57.25B (YOY)

MRF: Q4 SL NET PROFIT 3.8B RUPEES VS 4.1B (YOY)

M&M: CO LEADS THE INDIAN AUTO-PACK WITH RECORD-BREAKING 674 PATENTS IN FY24

CUMMINS INDIA: CUMMINS PLC LOWERS ITS INDIA BIZ GUIDANCE -- EXPECTS INDIA GROWTH IN THE RANGE OF -5% TO +5% VS EARLIER GUIDANCE OF FLAT TO +5%

M&M: CO SAYS GOOD CASH FLOWS FROM RABI HARVEST LIKELY TO BOOST TRACTOR DEMAND IN COMING MONTHS

M&M: APRIL TRACTOR TOTAL SALES 37,039 UNITS VS EST: 36,450 UNITS; 35,398 UNITS (YOY); 26,024 UNITS (MOM)

M&M: APRIL AUTO SALES TOTAL SALES 70,471 UNITS VS EST: 69,090 UNITS; 62,294 UNITS (YOY)

TUBE INVESTMENTS OF INDIA LTD: RS. 86.36 CRORES NSE BLOCK TRADE; FOR ~ 229508 SHARES, AT RS. 3763.00

BAJAJ AUTO: APRIL TOTAL SALES 3,88,256 UNITS VS EST: 3,64,100 UNITS; 3,31,278 UNITS (YOY); 3,65,904 UNITS (MOM)

ASHOK LEYLAND: APRIL TOTAL SALES 14,271 UNITS VS EST: 13,810 UNITS; 12,974 UNITS (YOY)

HERO MOTOCORP: APRIL TOTAL SALES 5,33,585 UNITS VS EST: 5,05,050; 3,96,107 UNITS (YOY); 4,90,415 UNITS (MOM)

EICHER MOTORS: APRIL MOTOR CYCLE TOTAL SALES 81,870 UNITS VS EST: 84,040 UNITS; 73,136 UNITS (YOY); 75,551 UNITS (MOM)

TVS MOTORS: APRIL TOTAL SALES 383,615 UNITS VS EST: 3,63,300 UNITS; 3,06,224 UNITS (YOY); 3,54,592 UNITS (MOM)

MARUTI SUZUKI: APRIL TOTAL SALES 168,089 UNITS VS EST: 1,73,500 UNITS; 1,60,529 UNITS (YOY); 1,87,196 UNITS (MOM)

TATA MOTORS: APRIL TOTAL SALES 77,521 UNITS VS EST: 75,550 UNITS; 69,599 UNITS (YOY); 90,822 UNITS (MOM)

EICHER MOTORS: APRIL CV TOTAL SALES 5,377 UNITS VS EST: 7,220 UNITS; 6,567 UNITS (YOY); 11,242 UNITS (MOM)

TUBE INVESTMENTS OF INDIA: BOARD MEETING ON MAY 13 TO CONSIDER Q4 RESULTS -- CO TO CONSIDER RECOMMENDATION OF FINAL DIVIDEND, IF ANY

HERO MOTOCORP: CO REVEALS HARLEY-DAVIDSON 2024 MODEL PRICES ACROSS INDIA -- PRICES FOR HARLEY-DAVIDSON 2024 RANGE FROM 1.3M RUPEES TO 4.2M RUPEES

EXIDE INDUSTRIES: CO CEO SAYS LITHIUM-ION CELL MANUFACTURING PROJECT IS PROGRESSING WELL AND IS EXPECTED TO BE COMMISSIONED WITHIN DEFINED TIMELINES

EXIDE INDUSTRIES: CO APPROVED FINAL DIVIDEND OF RUPEES 2 PER EQUITY SHARE

EXIDE INDUSTRIES: Q4 EBITDA 5.2B RUPEES VS 3.7B (YOY) -- Q4 EBITDA MARGIN 12.87% VS 10.36% (YOY)

EXIDE INDUSTRIES: Q4 REVENUE 40.1B RUPEES VS 35.4B (YOY)

EXIDE INDUSTRIES: Q4 SL NET PROFIT 2.8B RUPEES VS 2.1B (YOY)

EXIDE INDUSTRIES: HYUNDAI MOTOR GROUP PLANS TO LAUNCH MID-SIZED HYBRID SUV UNDER HYUNDAI AND KIA BRANDS IN INDIA - RTRS

ASHOK LEYLAND LTD: Rs. 23.35 Crores NSE Block Trade; for ~ 1220771 Shares, at Rs. 191.30

ASHOK LEYLAND LTD: Rs. 19.89 Crores NSE Block Trade; for ~ 1042473 Shares, at Rs. 190.75

M&M: CO LAUNCHES MAHINDRA XUV 3XO, PRICES START AT 7.49 LAKH RUPEES

EXIDE INDUSTRIES: CO BUYS 26% STAKE IN CLEAN MAX ARCADIA PVT LTD FOR 53.4M RUPEES

MARUTI SUZUKI INDIA: CO EXEC SAYS SMALL CAR MARKET RECOVERY MAY NOT HAPPEN THIS YEAR OR EVEN IN 2025

MARUTI SUZUKI INDIA: CO EXEC SAYS HAVE NOT BEEN ABLE TO FINALISE SECOND SITE OF THE EXPANSION PROGRAM

MARUTI SUZUKI INDIA: CO EXEC SAYS FIRST LINE IN KHARKODA PLANT EXPECTED TO START PRODUCTION BEFORE THE END OF THE FINANCIAL YEAR -- CO EXEC SAYS SHOULD BE ABLE TO ADD ONE NEW PRODUCTION LINE EVERY 12 MONTHS OR SO

MARUTI SUZUKI: CO REGISTERS HIGHEST-EVER ANNUAL SALES VOLUME, EXPORTS, NET SALES AND NET PROFIT

MARUTI SUZUKI: CO APPROVED FINAL DIVIDEND OF RUPEES 125 PER SHARE

MARUTI SUZUKI INDIA: Q4 EBITDA 46.85B RUPEES VS 33.5B (YOY); EST 51.78B -- Q4 EBITDA MARGIN 12.25% VS 10.45% (YOY); EST 13.4%

MARUTI SUZUKI INDIA: Q4 REVENUE 382B RUPEES VS 325B (YOY); EST 386.72B

MARUTI SUZUKI INDIA: Q4 SL NET PROFIT 38.78B RUPEES VS 26.2B (YOY); EST 41.04B

TVS MOTOR: CO TO CONSIDER Q4 RESULT ON MAY 8

MRF: BOARD MEETING ON MAY 3 TO CONSIDER Q4 RESULTS -- CO TO CONSIDER DECLARATION OF FINAL DIVIDEND, IF ANY

TATA MOTORS: CO UNIT TATA PASSENGER ELECTRIC MOBILITY SIGNED AN MOU WITH VERTELO -- TATA PASSENGER ELECTRIC MOBILITY TO DELIVER 2,000 XPRES-T EVS IN PHASED MANNER AS PART OF VERTELO MOU - STATEMENT

TATA MOTORS: JAGUAR LAND ROVER RECALLING 2,409 U.S. VEHICLES AS PASSENGER AIR BAG MAY TEAR - NHTSA

M&M: RS. 123.29 CRORES NSE BLOCK TRADE; FOR ~ 588673 SHARES, AT RS. 2094.30

HERO MOTOCORP: CO SAYS CHIEF TECHNOLOGY OFFICER (CTO) ARUN JAURA RESIGNS W.E.F APRIL 30

BAJAJ AUTO: CO SAYS ADDITIONAL INVESTMENT IN SHARE CAPITAL OF BACL OF 22.50B RUPEES IN A PHASED MANNER

TATA MOTORS: CO PLANS TO IMPORT JLR ELECTRIC CARS UNDER NEW GOVT POLICY OFFERING LOWER TAXES -SOURCES - RTRS

TATA MOTORS: CO PLANS TO IMPORT JLR ELECTRIC CARS UNDER NEW GOVT POLICY OFFERING LOWER TAXES -SOURCES - RTRS

BAJAJ AUTO: CO EXEC SAYS SHOULD BE SPENDING 7-8 BLN RUPEES IN CAPEX IN FISCAL 2025 -- CO EXEC SAYS AIMING TO PRODUCE 10,000 TRIUMPH UNITS PER MONTH IN NEXT COUPLE MONTHS

BAJAJ AUTO: CO EXEC SAYS RED SEA ISSUE HAD A BEARING ON LEAD TIMES AND FREIGHT RATES; DOLLAR LIQUIDITY ISSUE IN SOME OVERSEAS MARKETS CONTINUES -- CO EXEC SAYS EXPORTED TRIUMPH TO 16 COUNTRIES

BAJAJ AUTO: CO APPROVED FINAL DIVIDEND OF RUPEES 80 PER EQUITY SHARE

BAJAJ AUTO: Q4 EBITDA 23.06B RUPEES VS 17.16B (YOY); EST 22B -- Q4 EBITDA MARGIN 20.08% VS 19.28% (YOY); EST 19.8%

BAJAJ AUTO: Q4 REVENUE 115B RUPEES VS 89.05B (YOY)

BAJAJ AUTO: Q4 SL NET PROFIT 19.36B RUPEES VS 14.33B (YOY); EST 18.7B

TATA MOTORS: CO PLANNING TO BUILD JAGUAR LAND ROVER CARS AT ITS USD 1B TAMIL NADU PLANT - RTRS

SUNDRAM FASTENERS: CO SAYS NATIONAL COMPANY LAW TRIBUNAL SANCTIONED SCHEME OF AMALAGAMATION OF 2 UNITS WITH CO

SUNDRAM FASTENERS: Rs 25.2cr NSE Block Trade; for ~228922 shares, at Rs 1100.75

ASHOK LEYLAND: CO APPROVED ALLOTMENT OF COMPULSORILY CONVERTIBLE PREFERENCE SHARES AND EQUITY SHARES TO INVESTORS HINDUJA TECH WORTH 3.9B RUPEES

TATA MOTORS: BOARD MEETING ON MAY 10 TO CONSIDER Q4 RESULTS -- CO TO RECOMMEND A DIVIDEND, IF ANY

HERO MOTOCORP: CO BEGINS NATION WIDE DELIVERIES OF THE MAVRICK 440 -- MAVRICK 440 IS AVAILABLE IN THREE VARIANTS – BASE, MID, AND TOP, PRICED AT RS 199,000/-, RS 214,000/-, AND RS 224,000/- RESPECTIVELY (EX-SHOWROOM PAN-INDIA)

MAHINDRA & MAHINDRA: CO SAYS PROJECT WILL BE DEVELOPED BY MAHINDRA SUSTEN, PART OF MAHINDRA GROUP

MAHINDRA & MAHINDRA: CO SAYS COMMISSIONING AND READINESS OF THE PROJECT EXPECTED WITHIN NEXT 2 YEARS

MAHINDRA & MAHINDRA: CO SAYS GELOS PLANS TO GENERATE AND DISTRIBUTE RENEWABLE ENERGY IN ACCORDANCE WITH THE GROUP CAPTIVE POWER PROCUREMENT MODEL

MAHINDRA & MAHINDRA: CO TO INVEST 1200 CR RUPEES TO SET UP 150MW HYBRID CAPACITY

MAHINDRA & MAHINDRA: CO APPROVED ACQUISITION OF 26% STAKE IN THE PAID-UP EQUITY SHARE CAPITAL OF GELOS SOLREN

CUMMINS INDIA: BOARD MEETING ON MAY 29 TO CONSIDER Q4 RESULTS -- CO TO CONSIDER RECOMMENDATION OF FINAL EQUITY DIVIDEND FOR THE FINANCIAL YEAR 2023-24, IF ANY

EICHER MOTORS: Rs 30.62cr NSE Block Trade; for ~70292 shares, at Rs 4355.45

MARUTI SUZUKI: CO INCREASES PRICES OF SWIFT UP TO RUPEES 25,000 AND GRAND VITARA SIGMA VARIANT BY RUPEES 19,000

TATA MOTORS: CO SAYS JAGUAR LAND ROVER WERE AT 3,77,432 NOS., HIGHER BY 8%, AS COMPARED TO Q4 FY23

TATA MOTORS: COS GROUP GLOBAL WHOLESALES AT 3,77,432 IN Q4 FY24

EXIDE INDUSTRIES: CO ENTERED INTO AN AGREEMENT FOR ACQUIRING 26% EQUITY STAKE IN CLEAN MAX ARCADIA -- COST OF ACQUISITION 53.5M RUPEES

SUNDRAM FASTENERS: Rs 14.85cr NSE Block Trade; for ~129169 shares, at Rs 1150

M&M: RS 147.17CR NSE BLOCK TRADE; FOR ~707553 SHARES, AT RS 2080

MARUTI SUZUKI: CO SAYS WITH THIS ADDITIONAL ASSEMBLY LINE, THE TOTAL MANUFACTURING CAPABILITY AT MANESAR STANDS AT 900,000 VEHICLES PER ANNUM

MARUTI SUZUKI: CO AIM TO NEARLY DOUBLE OUR CAPACITY TO 4M VEHICLES PER ANNUM OVER NEXT 7-8 YEARS

MARUTI SUZUKI: CO EXPANDS MANUFACTURING CAPABILITY AT MANESAR PLANT: A NEW ASSEMBLY LINE BRINGS 100,000 UNITS ADDITIONAL CAPACITY

TATA MOTORS: JLR RETAIL SALES IN CHINA WERE DOWN 9% (YOY) AND DOWN 2% (YOY) IN EUROPE FOR Q4

TATA MOTORS: JLR - WHOLESALES FOR FY24 WERE 401,303 UNITS, UP 25% (YOY) -- JLR - WHOLESALES IN Q4 FY24 WERE 110,190 UNITS, UP 16% (YOY)

TATA MOTORS: JLR FULL YEAR SALES UP OVER 20% (YOY) -- JLR RETAIL SALES FOR FY24 WERE 431,733 UNITS, UP 22% (YOY) -- JLR RETAIL SALES IN Q4 FY24 UP 11% (YOY)

M&M: Rs 31.63cr NSE Block Trade; for ~152065 shares, at Rs 2080

EXIDE INDUSTRIES: HYUNDAI, KIA JOIN HANDS WITH EXIDE ENERGY SOLUTIONS FOR EV BATTERY LOCALISATION IN INDIA - PTI

M&M: Rs 32.16cr NSE Block Trade; for ~158628 shares, at Rs 2027.3

TVS MOTOR: CO LAUNCHES TVS RONIN, ITS MODERN - RETRO MOTORCYCLE IN COLOMBIA

TATA MOTORS: MARCH UK JLR SALES AT 17066 UNITS VS 13200 UNITS (YOY)

BALKRISHNA INDUSTRIES: Rs 23.3cr BSE Block Trade; for ~99999 shares, at Rs 2330

TUBE INVESTMENT: Rs 21.01cr NSE Block Trade; for ~57025 shares, at Rs 3684

TATA MOTORS: CO, RIL AND IOC TO BE KEY BIDDERS FOR PILOT GH2 PROJECT- ET

MARUTI SUZUKI: BOARD MEETING ON APRIL 26 TO CONSIDER Q4 RESULTS & DECLARE DIVIDEND, IF ANY

MARUTI SUZUKI: BOARD MEETING ON APRIL 26 TO CONSIDER Q4 RESULTS & DECLARE DIVIDEND, IF ANY

M&M: Rs 22.52cr NSE Block Trade; for ~113497 shares, at Rs 1984.35

TATA MOTORS: CHINA RELAXES LOAN RATIO FOR VEHICLE PURCHASES

M&M: Rs 37.22cr NSE Block Trade; for ~187641 shares, at Rs 1983.75

EICHER MOTORS: Rs 26.18cr NSE Block Trade; for ~66662 shares, at Rs 3928

M&M: Rs 43.13cr NSE Block Trade; for ~225696 shares, at Rs 1910.9

TVS MOTOR: MARCH TOTAL SALES 354,592 UNITS VS EST 367,600 UNITS; 317,152 UNITS (YOY); 368,424 UNITS (MOM)

HERO MOTO: MARCH TOTAL SALES 490,415 UNITS VS EST 540,040 UNITS; 519,342 UNITS (YOY); 468,410 UNITS (MOM)

MARUTI SUZUKI: COS PRODUCTION VOLUME AT 1.67 LAKH UNITS VS 1.54 LAKH UNITS (YOY) -- TOTAL PV PRODUCTION VOLUME AT 1.63 LAKH UNITS VS 1.51 LAKH UNITS (YOY) -- PASSENGER CAR PRODUCTION VOLUME AT 98,252 UNITS VS 1.08 LAKH UNITS (YOY)

MARUTI SUZUKI: CO EXEC SAYS CURRENT ORDER BOOK AT 198,000 VEHICLES

MARUTI SUZUKI: CO EXEC SAYS LOOKING AT COST STRUCTURES CLOSELY, NO DECISION YET ON INCREASING CAR PRICES -- HAD TARGETED AVG MONTHLY SALES OF 2000-2500 UNITS FOR JIMNY SUV, CURRENTLY SELLING 1800 UNITS PER MONTH

ASHOK LEYLAND: MARCH TOTAL SALES 22,866 UNITS VS EST 21,110 UNITS; 23,926 UNITS (YOY); 17,464 UNITS (MOM)

MARUTI SUZUKI: CO EXEC SAYS GOVT INVESTMENT IN INFRASTRUCTURE, RISING INCOME LEVELS, GOOD MONSOON HELPED RURAL GROWTH

MARUTI SUZUKI: CO EXEC SAYS EXPECT SALES TO GROW IN SINGLE DIGITS IN CURRENT FISCAL YEAR -- CO NOW HAS JUST UNDER 42% SHARE OF THE PASSENGER VEHICLE MARKET

MARUTI SUZUKI: CO EXEC SAYS MUCH OF THE GROWTH IN PASSENGER VEHICLES SALES THIS YEAR IS FUELLED BY SUVS -- SALES IN RURAL AREAS GREW BY 11% VS URBAN AREA GROWTH OF 7%

MARUTI SUZUKI: CO HAS SURPASSED ANNUAL TOTAL SALES MILESTONE OF 2 MILLION UNITS IN FY2023-24

MARUTI SUZUKI: MARCH TOTAL SALES 187,196 UNITS VS EST 188,010 UNITS; 170,071 UNITS (YOY)

EICHER MOTORS: MARCH TOTAL (CV) SALES 11,242 UNITS VS EST 11,220 UNITS ; 11,906 UNITS (YOY)

TATA MOTORS: MARCH EV SALES (IB + DOMESTIC) STANDS AT 6,738 UNITS VS 6,509 UNITS (YOY), REGISTERING A GROWTH OF 4% (YOY)

TATA MOTORS: MARCH TOTAL DOMESTIC SALES 90,822 UNITS VS EST 94,400 UNITS; 89,351 UNITS (YOY)

EICHER MOTORS: MARCH TOTAL (MOTORCYCLE) SALES 75,551 UNITS VS EST 78,080 UNITS; 72,235 UNITS (YOY)

BOSCH: CO EXPECTS INCOME TAX REFUND OF 116 CR RUPEES

M&M: MAHINDRA AERO TO DELIVER METALLIC PARTS FOR AIRBUS AIRCRAFT -- AIRBUS CONTRACT IS VALUED AROUND 100M USD - BBG

M&M: MARCH DOMESTIC PASSENGER VEHICLES SALES AT 40,631 UNITS VS 35,997 UNITS (YOY), GROWTH OF 13% (YOY)

M&M: MARCH TOTAL (TRACTOR) SALES 26,024 UNITS VS EST 29,460 UNITS; 35,014 UNITS (YOY)

M&M: MARCH TOTAL (AUTO) SALES 68,413 UNITS VS EST 76,550 UNITS; 66,091 UNITS (YOY)

M&M: CO INFORMS ABOUT VOLUNTARY LIQUIDATION OF MAHINDRA MEXICO, HAS RECEIVED FINAL APPROVAL BY MEMBERS OF MAHINDRA MEXICO

EXIDE INDUSTRIES: TOTAL INVESTMENT MADE BY CO IN EESL STANDS TO 20B RUPEES

EXIDE INDUSTRIES: CO FURTHER INVESTMENT IN WHOLLY OWNED SUBSIDIARY THROUGH RIGHTS ISSUE -- CO INVESTED 350M RUPEES IN EXIDE ENERGY SOLUTIONS ON RIGHTS BASIS

M&M: RS 315.5CR BSE BLOCK TRADE; FOR ~1680000 SHARES, AT RS 1878

MARUTI SUZUKI INDIA: CO AGREED TO ACQUIRE ARE AN EQUITY STAKE OF 6.44% IN AMLGO LABS -- COST OF ACQUISITION AT 20M RUPEES

MARUTI SUZUKI INDIA: CO RECALL OF 11,851 UNITS OF BALENO AND 4,190 UNITS OF WAGONR BETWEEN JULY 2019 AND NOVEMBER 2019 -- SUSPECTED THERE IS POSSIBLE DEFECT IN PART OF FUEL PUMP MOTOR, WHICH IN RARE CASE MAY LEAD TO ENGINE STALLING OR ENGINE STARTING

EICHER MOTORS: CO INCORPORATED UNIT IN NETHERLANDS NAMED ROYAL ENFIELD EUROPE B.V.

EXIDE INDUSTRIES: CO INVESTED 1.1B RUPEES BY WAY OF SUBSCRIPTION IN EQUITY CAPITAL OF UNIT CHLORIDE METALS ON RIGHTS BASIS

MAHINDRA & MAHINDRA: CO SIGNS MOU WITH ADANI TOTAL ENERGIES E-MOBILITY LIMITED, BROADENING EV CHARGING INFRASTRUCTURE ACCESS - STATEMENT

TVS MOTOR: CO SAYS TVS MOTOR (SINGAPORE) HAVE COMPLETED FURTHER ACQUISITION OF 8,000 EQUITY SHARES IN KILLWATT GMBH INCREASED FROM 39.28% TO 49%

TVS MOTOR: CO SAYS TVS SINGAPORE HAS COMPLETED ENTIRE INVESTMENT OF USD 5,500,000 IN ION MOBILITY AND HOLDS 25.64% OF THE PAID-UP SHARE CAPITAL OF ION MOBILITY

ASHOK LEYLAND: BOARD MEETING ON MARCH 25 TO CONSIDER THE PROPOSAL OF INTERIM DIVIDEND

TVS MOTOR: CO APPROVED ISSUE OF NON-CONVERTIBLE REDEEMABLE PREFERENCE SHARES IN RATIO OF 4:1

TVS MOTOR:CO SAYS NCRPS AMOUNTING TO AROUND 19B RUPEES

TVS MOTOR: CO APPROVED SCHEME OF ARRANGEMENT BETWEEN THE CO AND SHAREHOLDERS FOR ISSUANCE OF NON-CONVERTIBLE REDEEMABLE PREFERENCE SHARES BY WAY OF BONUS

BOSCH: CO TO CONSIDER Q4 RESULT ON MAY 24

TATA MOTORS: JAGUAR LAND ROVER NORTH AMERICA LLC FILES RECALL OF 2,842 US VEHICLES - NHTSA

BALKRISHNA INDUSTRIES: CO INFORMS THAT INCOME TAX DEPARTMENT OFFICIALS HAVE CONCLUDED THEIR SEARCH OPERATION ON MARCH 16, 2024 -- CO WILL UPDATE THE STOCK EXCHANGES OF THE OUTCOME OF THE ABOVE SEARCH OPERATION UPON RECEIPT OF THE SAME FROM THE INCOME TAX DEPARTMENT

TVS MOTOR: TVS MOTOR (SINGAPORE) PTE NOW SUBSCRIBED TO ADDITIONAL 1,820,326 SERIES AA SHARES OF ION MOBILITY -- TVS MOTOR (SINGAPORE) PTE PROPOSED ADDITIONAL INVESTMENT IN ION MOBILITY WILL BE IN TRANCHES; AGGREGATE INVESTMENT OF USD 5,500,000

ASHOK LEYLAND: HINDUJA TECH SECURES INVESTMENT FROM PRIVATE EQUITY FUND CREADOR COMPANY POST MONEY VALUATION AT $255M -- HINDUJA GROUP SIGNING OF A DEFINITIVE AGREEMENT FOR CREADOR TO INVEST $50 MLN ACQUIRING 19.6% STAKE

TVS MOTOR: CO TO CONSIDER ISSUE OF NON CONVERTIBLE REDEEMABLE PREFERENTIAL SHARES BY WAY OF BONUS ON MARCH.20

TATA MOTORS: CO SIGNING OF FACILITATION MOU WITH GOVERNMENT OF TAMIL NADU TO SET-UP A VEHICLE MANUFACTURING FACILITY WORTH 90B RUPEES INVESTMENT ENVISAGED OVER 5-YEARS, INVESTMENT CAN POTENTIALLY CREATE UP TO 5,000 JOBS

M&M: COS FEB TOTAL PRODUCTION AT 73,380 UNITS VS 58,203 UNITS (YOY)

TVS MOTOR CO: CO APPROVED DIVIDEND OF 8 RUPEES PER SHARE

BALKRISHNA INDUSTRIES: IT DEPT CONDUCTS SEARCHES AT COS MUMBAI OFFICE - ET NOW

MAHINDRA & MAHINDRA: CO PROMOTER PRUDENTIAL MANAGEMENT AND SERVICES SOLD 0.75% STAKE VIA OPEN MARKET ON MARCH 7

TATA MOTORS: CO SAYS IT WILL INCREASE THE PRICE OF ITS COMMERCIAL VEHICLES EFFECTIVE APRIL.01, 2024, UP TO 2%

MAHINDRA & MAHINDRA LTD: RS. 1823.37 CRORES NSE BLOCK TRADE; FOR ~ 9470598 SHARES, AT RS. 1925.30

M&M: CO SAYS MAHINDRA FAMILY HAS NO INTENTION TO SELL FURTHER SHARES IN CO IN FORESEEABLE FUTURE

M&M: CLARIFICATION ON MEDIA REPORT ABOUT PRUDENTIAL MANAGEMENT AND SERVICES CONSIDERING SALE OF SHARES OF M&M VIA A BLOCK DEAL -- FAMILY PROPOSES TO SELL A SMALL NUMBER OF SHARES HELD BY PMSL IN M&M

TATA MOTORS: MOODYS AFFIRMS TATA MOTORS BA3 RATINGS; OUTLOOK REMAINS POSITIVE

EXIDE INDUSTRIES: CO INVESTED 400M RUPEES IN UNIT EXIDE ENERGY SOLUTIONS

EXIDE INDUSTRIES: CO TO INVEST 700M RUPEES IN SHARE CAPITAL OF UNIT CHLORIDE METALS LTD

M&M: M&M PROMOTER GROUP TO SELL 93 LAKH SHARES VIA BLOCK DEAL, PRICE RANGE FOR M&M BLOCK DEAL IN THE RANGE OF ₹1,911.50-1,970.65/SH AND AT A DISCOUNT OF 0-3% - CNBCTV18, CITING SOURCES

TATA MOTORS: FEB UK JLR SALES AT 2255 UNITS VS 1670 UNITS (YOY)

TATA MOTORS: CO SAYS DEMERGER WILL HAVE NO ADVERSE IMPACT ON EMPLOYEES, CUSTOMERS, AND OUR BUSINESS PARTNERS

TATA MOTORS: CO SAYS DEMERGER TO BE IMPLEMENTED VIA NCLT SCHEME OF ARRANGEMENT; SHAREHOLDERS TO CONTINUE TO HAVE IDENTICAL SHAREHOLDING IN LISTED ENTITIES

TATA MOTORS: CO TO DEMERGE ITS BUSINESSES INTO TWO SEPARATE LISTED COMPANIES -- COMMERCIAL VEHICLES BUSINESS AND ITS RELATED INVESTMENTS IN ONE ENTITY -- PASSENGER VEHICLES BUSINESSES INCLUDING PV, EV, JLR AND ITS RELATED INVESTMENTS IN ANOTHER ENTITY

TATA MOTORS: CO PROPOSED DEMERGER OF TATA MOTORS LTD ( COMPANY) INTO TWO SEPARATE LISTED COMPANIES

TATA MOTORS: FEB TOTAL SALES 86,406 UNITS VS EST: 84,440 UNITS; 79,705 UNITS (YOY); 86,125 UNITS (MOM)

HERO MOTOCORP: FEB TOTAL SALES 4,68,410 UNITS VS EST: 4,40,100; 3,94,460 UNITS (YOY); 4,33,598 UNITS (MOM)

EICHER MOTORS: FEB CV TOTAL SALES 7,424 UNITS VS 7,289 UNITS (YOY)

MARUTI SUZUKI: FEB TOTAL SALES 1,97,471 UNITS VS EST: 1,94,000 UNITS; 1,72,321 UNITS (YOY)

TVS MOTOR: FEB TOTAL SALES 3,68,424 UNITS VS EST: 3,54,400 UNITS; 2,76,150 UNITS (YOY) (CORRECTION)

TVS MOTOR: FEB TOTAL SALES 3,68,424 UNITS VS EST: 5,54,400 UNITS; 2,76,150 UNITS (YOY)

TVS MOTOR: CO SAYS EV SALES REGISTERED A GROWTH OF 16% WITH SALES INCREASING FROM 15,522 UNITS IN FEB 2023 TO 17,959 UNITS IN FEB 2024

ASHOK LEYLAND: FEB TOTAL SALES 17,464 UNITS VS EST: 16,910 UNITS; 18,571 UNITS (YOY)

BALKRISHNA INDUSTRIES LTD: RS. 106.82 CRORES NSE BLOCK TRADE; FOR ~ 479397 SHARES, AT RS. 2228.15

TATA MOTORS: FEB TOTAL SALES 86,406 UNITS VS EST: 84,440 UNITS; 79,705 UNITS (YOY)

EICHER MOTORS: FEB MOTOR CYCLE TOTAL SALES 75,935 UNITS VS EST: 75,050 UNITS; 71,544 UNITS (YOY)

M&M: FEB AUTO SALES TOTAL SALES 72,923 UNITS VS EST: 68,200 UNITS; 58,801 UNITS (YOY)

M&M: FEB TRACTOR TOTAL SALES 21,672 UNITS VS EST: 22,600 UNITS; 25,791 UNITS (YOY)

M&M: MAHINDRA THAR EARTH EDITION LAUNCHED, PRICES START FROM RS 15.40 LAKH

TVS MOTOR: BOARD MEETING ON MAECH 11 TO CONSIDER AND DECLARE INTERIM DIVIDEND; IF ANY

MARUTI SUZUKI: MARUTI SUZUKI, UNION BANK OF INDIA PARTNER FOR DEALER FINANCING SOLUTIONS -- TIE-UP ENHANCES THE COMPREHENSIVE INVENTORY FUNDING OPTIONS FOR OVER 4,000 MARUTI SUZUKI SALES OUTLETS ACROSS THE COUNTRY - BUSINESS STANDARD

EXIDE INDUSTRIES: CO INVESTED 250M RUPEES IN EXIDE ENERGY SOLUTIONS -- TOTAL INVESTMENT STANDS AT 19.25B RUPEES

TVS MOTOR: SHAREHOLDING OF TVS MOTOR (SINGAPORE) PTE IN KILLWATT GMBH TO BE INCREASED FROM 39.28% TO 49%

TVS MOTOR: TVS MOTOR (SINGAPORE) PTE AGREED TO ACQUIRE FURTHER 8,000 SHARES IN KILLWATT GMBH -- KILLWATT STAKE RAISE DEAL FOR EUR 4 MLN

TVS MOTOR: CO ANNOUNCED THAT ITS BEST - SELLING, TVS HLX LINE OF TWO - WHEELERS, HAS CROSSED THE MILESTONE OF 3.5M CUSTOMERS IN INTERNATIONAL MARKETS

MAHINDRA & MAHINDRA LTD: Rs. 23.38 Crores NSE Block Trade; for ~ 120523 Shares, at Rs. 1940.05

ASHOK LEYLAND: CO SAYS INVESTED A SUM OF 249.5M RUPEES IN TVS TRUCKS AND BUSES; COS SHAREHOLDING IN TVS TRUCKS IS 49.9% -- TVS TRUCKS HAS BECOME ASSOCIATE CO

M&M: CO LAUNCHES SCORPIO-N Z8 SELECT VARIANT, STARTING PRICE AT 17 LAKH RUPEES

BAJAJ AUTO: CO MADE FURTHER INVESTMENT OF 457.5M RUPEES ON 22 FEBRUARY 2024 IN YULU BIKES -- COS SHAREHOLDING IN YULU BIKES NOW STANDS AT 18.8% OF EQUITY SHARE CAPITAL OF YULU BIKES

ASHOK LEYLAND: CO SAYS PRIMARY FOCUS SHALL BE ON PRODUCTION OF ELECTRIC BUSES, WHILE ALSO HAVING CAPABILITY TO PRODUCE OTHER VEHICLES POWERED BY EXISTING AND OTHER EMERGING ALTERNATE FUELS

ASHOK LEYLAND: CO LAYS FOUNDATION STONE FOR GREENFIELD PLANT FOCUSED ON CLEAN MOBILITY -- GREENFIELD MANUFACTURING FACILITY WILL BE SPREAD OVER 70 ACRE

HERO MOTOCO: CO CEO SAYS WE MAKE TOO MUCH OUT OF RURAL DEMAND SIGNALS - ET AUTO

EICHER MOTORS LTD: RS. 61.89 CRORES NSE BLOCK TRADE; FOR ~ 161548 SHARES, AT RS. 3831.20

BAJAJ AUTO: CO FIXES 29 FEB AS RECORD DATE FOR RUPEES 4000 CR SHARE BUYBACK

TATA MOTORS: TATA GROUP CONSIDERING SPINOFF OF BATTERY BUSINESS AGRATAS -- TATA MOTORS IS ALSO EXPLORING SPINOFF PLANS FOR EV BUSINESS - BBG

TVS MOTOR: CO HAS SUBSCRIBED TO 28.57% STAKE IN INDIAN FOUNDATION FOR QUALITY MANAGEMENT -- COST OF ACQUISITION 250M RUPEES

M&M: CO SAYS AVERAGE MONTHLY BOOKINGS CONTINUE IN 50,000 PER MONTH RANGE -- CANCELLATIONS IN NOV TO JAN PERIOD INCREASED TO 10%

M&M: CO SAYS ON TRACK TO ACHIEVE SUV CAPACITY OF 49,000 IN Q4 -- Q4 RUN RATE EXPECTED TO BE FLATTISH

MAHINDRA & MAHINDRA: Q3 EBITDA 35.90B RUPEES VS 32.72B (YOY); EST 32.25B -- Q3 EBITDA MARGIN 14% VS 14.80% (YOY); EST 12.6%

MAHINDRA & MAHINDRA: Q3 REVENUE 253B RUPEES VS 217B (YOY)

MAHINDRA & MAHINDRA: Q3 SL NET PROFIT 24.5B RUPEES VS 15.3B (YOY); EST 23.53B

BOSCH: CO DECLARED DIVIDEND OF 205 RUPEES

BOSCH: Q3 EBITDA 5.78B RUPEES VS 4.04B (YOY) -- Q3 EBITDA MARGIN 13.75% VS 11.03% (YOY)

BOSCH: Q3 REVENUE 42B RUPEES VS 36.6B (YOY)

BOSCH: Q3 SL NET PROFIT 5.2B RUPEES VS 3.25B (YOY)

EICHER MOTORS: Q3 REVENUE 41.8B RUPEES VS 37.2B (YOY)

EICHER MOTORS: Q3 EBITDA 10.9B RUPEES VS 8.6B (YOY); EST 10.89B -- Q3 EBITDA MARGIN 26.1% VS 23.04% (YOY); EST 27%

EICHER MOTORS: Q3 CONS NET PROFIT 10B RUPEES VS 7.4B (YOY); EST 9.64B

M&M: COS TOTAL PRODUCTION AT 1.01 LAKH UNITS VS 76,421 UNITS (YOY)

CUMMINS INDIA LTD: Rs. 18.17 Crores NSE Block Trade; for ~ 70075 Shares, at Rs. 2593.15

HERO MOTOCORP: CO SAYS IN COMING FISCAL, WE WILL BE LAUNCHING NEW PRODUCTS IN MID AND AFFORDABLE SEGMENT

HERO MOTOCORP: CO SAYS INVESTMENT OF UPTO 6B RUPEES OVER PERIOD OF TWO YEARS, FOR SETTING UP GLOBAL PARTS CENTER AT TIRUPATI

HERO MOTOCORP: CO DECLARED AN INTERIM DIVIDEND OF 75 RUPEES & A SPECIAL DIVIDEND OF 25 RUPEES PER SHARE

HERO MOTOCORP: Q3 EBITDA 13.61B RUPEES VS 9.24B (YOY); EST 13.19B -- Q3 EBITDA MARGIN 14% VS 11.51% (YOY); EST 13.7%

HERO MOTOCORP: Q3 SL NET PROFIT 10.74B RUPEES VS 7.11B (YOY); EST 10.15B - 10.54B (QOQ) -- Q3 REVENUE 97.24B RUPEES VS 80.3B (YOY); 94.45B (QOQ)

MAHINDRA & MAHINDRA: CO UNIT JOINTLY SIGNED MOU WITH EMBRAER DEFENCE FOR THE ACQUISITION OF THE C-390 MILLENNIUM MULTI-MISSION AIRCRAFT BY THE INDIAN AIR FORCE IN ITS UPCOMING MEDIUM TRANSPORT AIRCRAFT (MTA) PROCUREMENT PROJECT

MRF: CO DECLARED DIVIDEND 3 RUPEES PER SHARE

MRF: Q3 EBITDA 10.54B RUPEES VS 5.6B (YOY) -- Q3 EBITDA MARGIN 17.12% VS 9.95% (YOY)

MRF: Q3 CONS NET PROFIT 5.08B RUPEES VS 1.69B (YOY) -- Q3 REVENUE 60.3B RUPEES VS 55.3B (YOY)

CUMMINS INDIA: CO DECLARATION OF INTERIM DIVIDEND OF 18 RUPEES PER SHARE

CUMMINS INDIA: Q3 EBITDA 5.42B RUPEES VS 4.12B (YOY); EST 3.9B -- Q3 EBITDA MARGIN 21.6% VS 19% (YOY); EST 17%

CUMMINS INDIA: Q3 SL NET PROFIT 4.99B RUPEES VS 4.14B (YOY); EST 3.5B - 3.29B (QOQ) -- Q3 REVENUE 25.09B RUPEES VS 21.44B (YOY); 19B (QOQ)

APOLLO TYRES: Q3 EBITDA 12.08B RUPEES VS 9.13B (YOY) -- Q3 EBITDA MARGIN 18.32% VS 14.22% (YOY)

APOLLO TYRES: Q3 CONS NET PROFIT 4.97B RUPEES VS 2.92B (YOY); 4.7B (QOQ) -- Q3 REVENUE 65.95B RUPEES VS 64.23B (YOY); 62.79B (QOQ)

EXIDE INDUSTRIES: CO INVESTED 300M RUPEES IN EXIDE ENERGY SOLUTIONS

MAHINDRA & MAHINDRA LTD: Rs. 36.11 Crores NSE Block Trade; for ~ 209405 Shares, at Rs. 1724.20

TUBE INVESTMENTS OF INDIA LTD: Rs. 25.27 Crores NSE Block Trade; for ~ 69991 Shares, at Rs. 3610.00

ASHOK LEYLAND: Q3 EBITDA 11.14B RUPEES VS 7.9B (YOY); EST 10.16B -- Q3 EBITDA MARGIN 12.01% VS 8.83% (YOY); EST 10.8%

ASHOK LEYLAND: Q3 SL NET PROFIT 5.8B RUPEES VS 3.6B (YOY); EST 5.41B -- Q3 REVENUE 92.7B RUPEES VS 90.3B (YOY)

TATA MOTORS: JAN UK JLR SALES AT 6010 UNITS VS 4211 UNITS (YOY); 5587 UNITS (MOM)

ASHOK LEYLAND: CO EXEC SAYS FY24 IS GOING TO BE A RECORD YEAR FOR US - CNBC TV18

MAHINDRA & MAHINDRA LTD: Rs. 17.72 Crores NSE Block Trade; for ~ 104715 Shares, at Rs. 1692.50

TATA MOTORS: CO EXEC SAYS REROUTING DUE TO RED SEA ISSUE ADDING 7-10 DAYS IN PORTFOLIO FOR SPECIFIC PRODUCTS -- SAYS EXPECT SOME MODERATION IN DEMAND IN Q4 FOR COMMERCIAL VEHICLES -- CO EXEC -THERE COULD BE SOME PRICE HIKES DUE TO NECESSARY REGULATORY CHANGES

TATA MOTORS: CO SAYS AIM TO END THE YEAR ON A STRONG FOOTING AND REMAIN CONFIDENT OF SUSTAINING OUR PERFORMANCE IN THE COMING QUARTERS

TATA MOTORS: CO SAYS EXPECT THE PERFORMANCE TO FURTHER IMPROVE IN Q4 ON ACCOUNT OF SEASONALITY, NEW LAUNCHES AND IMPROVING SUPPLIES AT JLR

TATA MOTORS: CO SAYS CONFIDENT OF ACHIEVING OUR DELEVERAGING PLANS -- EXPECT DEMAND TO IMPROVE IN Q4FY24 IN CV

TATA MOTORS: CO SAYS FOR JLR WE CONTINUE TO EXPECT POSITIVE NET CASH IN FY25 -- CO SAYS FOR JLR COMPANY IS ON TRACK TO ACHIEVE ITS PROFITABILITY AND CASHFLOW TARGETS

TATA MOTORS: CO SAYS CONTINUE TO SEE HEALTHY GROWTH FOR OUR BUSINESS WITH MULTIPLE NEW PRODUCTS SCHEDULED FOR LAUNCH IN CY2024 IN PV

TATA MOTORS: CO SAYS FOR JLR WE CONTINUE TO EXPECT OPERATING CASHFLOW TO SUPPORT NET DEBT OF LESSTHAN £1 BILLION BY THE END OF FY24

TATA MOTORS: CO SAYS JLR EBIT MARGIN FOR FY24 IS EXPECTED TO BE OVER 8%

TATA MOTORS: Q3 EBITDA 161.39B RUPEES VS 112.45B (YOY); EST 138.80B -- Q3 EBITDA MARGIN 14.6% VS 12.71% (YOY); EST 12.9%

TATA MOTORS: Q3 CONS NET PROFIT 70.25B RUPEES VS 29.58B (YOY); EST 40.7B -- Q3 REVENUE 1.11T RUPEES VS 884.9B (YOY)

SUNDRAM FASTENERS: Q3 EBITDA 2.01B RUPEES VS 1.96B (YOY) -- Q3 EBITDA MARGIN 14.72% VS 13.99% (YOY)

SUNDRAM FASTENERS: Q3 CONS NET PROFIT 1.3B RUPEES VS 1.17B (YOY) -- Q3 REVENUE 13.7B RUPEES VS 14.03B (YOY)

HERO MOTOCORP: JAN TOTAL SALES 4,33,598 UNITS VS EST 4,50,000 UNITS; 3,56,690 UNITS (YOY)

TVS MOTOR: JAN TOTAL SALES 3,39,513 UNITS VS EST 3,46,010 UNITS; 2,75,115 UNITS (YOY)

EICHER MOTORS: JAN (MOTORCYCLE) TOTAL SALES 76,187 UNITS VS EST 74,510 UNITS; 74,746 UNITS (YOY)

ASHOK LEYLAND: JAN TOTAL SALES 15,939 UNITS VS EST 16,700 UNITS; 17,200 UNITS (YOY)

EICHER MOTORS: JAN CV TOTAL SALES 7,066 UNITS VS EST 8,200 UNITS; 7,181 UNITS (YOY)

MARUTI SUZUKI: JAN TOTAL SALES 1,99,364 UNITS VS EST 1,96,060 UNITS; 1,72,535 UNITS (YOY)

M&M: CO TO CONSIDER Q3 RESULTS ON FEB.14

TATA MOTORS: JAN TOTAL SALES 86,125 UNITS VS EST 83,000 UNITS; 81,069 UNITS (YOY)

TUBE INVESTMENTS OF INDIA: Q3 EBITDA 4.7B RUPEES VS 4.72B (YOY) -- Q3 EBITDA MARGIN 11.15% VS 12.89% (YOY)

TUBE INVESTMENTS OF INDIA: Q3 CONS NET PROFIT 5.3B RUPEES VS 2.36B (YOY) -- Q3 REVENUE 42B RUPEES VS 36.4B (YOY)

M&M: JAN (TRACTOR) TOTAL SALES (DOMESTIC + EXPORTS) 23,948 UNITS VS EST 24,040 UNITS; 28,926 UNITS (YOY)

M&M: JAN (TRACTOR) TOTAL SALES 22,972 UNITS VS EST 24,040 UNITS; 27,626 UNITS (YOY)

M&M: JAN (AUTO) TOTAL SALES 73,944 UNITS VS EST 69,300 UNITS; 64,335 UNITS (YOY)

BAJAJ AUTO: JAN TOTAL SALES 3,56,010 UNITS VS EST 3,63,300 UNITS; 2,87,935 UNITS (YOY)

MARUTI SUZUKI: CO EXEC SAYS SEEING SOME LOGISTICAL CHALLENGES BECAUSE OF RED SEA ISSUE -- CO EXEC SAYS THERE MAY BE SOME INCREASE IN COSTS BECAUSE OF RISK OR REROUTING OF VESSELS -- CO SAYS TIME FOR DISPATCHES MAY CHANGE

MARUTI SUZUKI INDIA: Q3 EBITDA 39.1B RUPEES VS 28.33B (YOY); EST 39.80B -- Q3 EBITDA MARGIN 11.7% VS 9.75% (YOY); EST 11.8%

MARUTI SUZUKI INDIA: Q3 REVENUE 333B RUPEES VS 290B (YOY)

MARUTI SUZUKI INDIA: Q3 SL NET PROFIT 31.3B RUPEES VS 23.5B (YOY); EST 30.50B

EXIDE INDUSTRIES: CO INVESTED 500M RUPEES BY WAY OF SUBSCRIPTION IN SHARES OF EXIDE ENERGY SOLUTIONS ON RIGHTS BASIS

MRF: CO TO CONSIDER Q3 RESULT & DIVIDEND ON FEB 9

BALKRISHNA INDUSTRIES: CO APPROVES MERGER OF UNIT BKT TYRES WITH CO

TVS MOTOR CO: Q3 EBITDA 9.24B RUPEES VS 6.59B (YOY); EST 9.28B -- Q3 EBITDA MARGIN 11.2% VS 10.07% (YOY); EST 11.3%

TVS MOTOR CO: Q3 SL NET PROFIT 5.93B RUPEES VS 3.53B (YOY); EST 5.4B - 5.36B (QOQ) -- Q3 REVENUE 82.45B RUPEES VS 65.45B (YOY); 81.45B (QOQ)

BALKRISHNA INDUSTRIES: CO DECLARED 3RD INTERIM DIVIDEND OF 4 RUPEES PER SHARE

BALKRISHNA INDUSTRIES: Q3 EBITDA 5.41B RUPEES VS 2.69B (YOY) -- Q3 EBITDA MARGIN 23.77% VS 12.44% (YOY)

BALKRISHNA INDUSTRIES: Q3 CONS NET PROFIT 3.05B RUPEES VS 1.08B (YOY); 3.47B (QOQ) -- Q3 REVENUE 22.74B RUPEES VS 21.66B (YOY); 22.53B (QOQ)

TVS MOTOR: CO EXEC SAYS SEEING SOME CURRENCY DEPRECIATION CHALLENGES IN AFRICAN MARKET

BAJAJ AUTO: CO EXEC SAYS INTENTION IS TO MAKE UPWARDS OF 10,000 TRIUMPH UNITS A MONTH IN THE NEXT FEW MONTHS -- CO EXEC SAYS COST OF IMPORTS OF SOME OF OUR DISTRIBUTORS HAS INCREASED BECAUSE OF RED SEA DISRUPTION -- CO EXEC SAYS RED SEA DISRUPTION TO NOT HAVE ANY MATERIAL IMPACT ON THE NEXT QUARTERLY RESULTS

BAJAJ AUTO: CO EXEC SAYS AURANGABAD FACILITY TO BE COMMISSIONED BY END OF THIS QTR FOR ELECTRIC THREE WHEELERS

BAJAJ AUTO: CO EXEC SAYS EXPORTS INCHING ITS WAY BACK BUT FAR FROM WHERE WE WOULD LIKE TO SEE IT -- CO EXEC SAYS VOLUMES ARE RECOVERING MARGINALLY BUT SLOWER THAN WE EXPECTED

TATA MOTORS: CO INTENDS TO DEREGISTER AMERICAN DEPOSITARY SHARES EACH REPRESENTING 5 ORDINARY SHARES OF CO, PAR VALUE OF RS.2 PER SHARE -- TERMINATION OF THE CO’S ADSS PROGRAM BECAME EFFECTIVE ON JANUARY 23, 2023

BAJAJ AUTO: CO SAYS RESIGNATION OF MADHUR BAJAJ, NON-EXECUTIVE VICE-CHAIRMAN

BAJAJ AUTO: Q3 EBITDA 24.30B RUPEES VS 17.77B (YOY); EST 23.56B -- Q3 EBITDA MARGIN 20.1% VS 19.1% (YOY); EST 19.8%

BAJAJ AUTO: Q3 SL NET PROFIT 20.42B RUPEES VS 14.91B (YOY); EST 19.83B - 18.36B (QOQ) -- Q3 REVENUE 121.14B RUPEES VS 93.15B (YOY); 107.77B (QOQ)

EXIDE INDUSTRIES: CO SAYS OPTIMISTIC ABOUT THE FUTURE AND ARE WITNESSING SIGNS OF DEMAND PICK-UP ACROSS KEY VERTICALS, INPUT COST INFLATIONARY PRESSURES HAVE STARTED EASING

EXIDE INDUSTRIES: CO INVESTS RUPEES 730 CR IN UNIT, EXIDE ENERGY SOLUTIONS, BRINGING TOTAL EQUITY INVESTMENT TO RUPEES 1820 CRS BY DEC 2023

EXIDE INDUSTRIES: CO CEO SAYS LITHIUM-ION CELL MANUFACTURING PROJECT IS PROGRESSING AS PER SCHEDULED TIMELINES

EXIDE INDUSTRIES: Q3 EBITDA 4.4B RUPEES VS 4B (YOY)

EXIDE INDUSTRIES: Q3 SL NET PROFIT 2.4B RUPEES VS 2.2B (YOY) -- Q3 REVENUE 38.4B RUPEES VS 34B (YOY)

HERO MOTOCORP: CO UNVEILS FUTURE ROADMAP AT HERO WORLD 2024, INTRODUCING MAVERICK 440 IN UPPER - PREMIUM SEGMENT

HERO MOTOCORP: CO SAYS OPERATIONS WILL BEGIN FROM MARCH 2024 -- FACILITY WILL BE LOCATED IN NAWALPUR DISTRICT AND HAVE A CAPACITY OF 75,000 UNITS PER ANNUM -- CO, CG MOTORS WILL SET-UP GREENFIELD FACILITY FOR ASSEMBLING PRODUCTS IN NEPAL

HERO MOTOCORP: CO SAYS PARTNERS WITH CG MOTORS AS DISTRIBUTOR -- CO APPOINTED CG MOTORS AS ITS DISTRIBUTOR IN NEPAL

TATA MOTORS: MM GROUP - CO AND TATA MOTORS FORGE A STRATEGIC ALLIANCE FOR COMMERCIAL VEHICLES DISTRIBUTION IN EGYPT -- MM GROUP - ALLIANCE WILL RETAIL AND SERVICE A WIDE RANGE OF TRUCKS IN 4-60 TONNE SEGMENTS IN VARIED BODY STYLES

ASHOK LEYLAND: CO WINS ORDER FOR 1225 BSVI FUEL TYPE BUSES WORTH 522 CR RUPEES FOR KARNATAKA

APOLLO TYRES: CO EXEC SAYS SAW POSITIVE SIGNS IN BOTH INDIA & EUROPE - CNBC TV18

APOLLO TYRES: CO EXEC EXPECTS DOUBLE DIGIT REVENUE GROWTH IN FY25 - CNBC TV18

TUBE INVESTMENTS: Rs. 39.11 Cr NSE Block Trade; for ~ 104972 Shares, at Rs. 3726.15

TATA MOTORS: CO UNIT LACK OF CHARGING INFRA ON HIGHWAYS, SLOWER ADOPTION DAMPENS TATA MOTORS’ E-CAR OFFTAKE PUSH BUT FIRM EYES 1 LAKH UNITS IN SALES IN FY25 - THE HINDU

TATA MOTORS: CO URGES INDIA NOT TO LOWER TAXES ON HYBRID CARS AFTER TOYOTA LOBBYING - SOURCES, LETTER - RTRS

M&M: MASPL WILL SUPPLY CLOSE TO 5000 VARIETIES OF METALLIC COMPONENTS TO AIRBUS IN GERMANY FROM ITS MANUFACTURING BASE IN INDIA

M&M: MAHINDRA AEROSTRUCTURES EXPANDS ITS STRATEGIC RELATIONSHIP WITH AIRBUS -- MAHINDRA AEROSTRUCTURES, AIRBUS SIGNED NEW CONTRACT FOR MANUFACTURE, DELIVERY OF METALLIC COMPONENTS FOR AIRBUS COMMERCIAL MODELS

MARUTI SUZUKI: BOARD MEETING ON JAN 31 TO CONSIDER Q3 RESULTS

MAHINDRA & MAHINDRA: DAVOS- M&M SAYS LEVEL PLAYING FIELD NEEDED BETWEEN DOMESTIC, FOREIGN EV MAKERS -- MAHINDRA SAYS PLANS TO LIST EV UNIT BUT NOT BEFORE 2029 - EXEC

MARUTI SUZUKI: CO SAYS INDICATIVE FIGURE IS CALCULATED USING EX SHOWROOM PRICES OF MODELS IN DELHI AND WILL COME INTO EFFECT FROM JAN.16, 2024

MARUTI SUZUKI: CO ANNOUNCES INCREASE IN PRICE ACROSS MODELS -- CO SAYS ESTIMATED WEIGHTED AVERAGE OF INCREASE ACROSS MODELS STANDS AT AROUND 0.45%

TUBE INVESTMENTS: RS. 80.35 CR NSE BLOCK TRADE; FOR ~ 200925 SHARES, AT RS. 3999.00

HERO MOTOCORP: CO EXEC SAYS WE ARE QUITE OPTIMISTIC ON GROWTH IN 2024 - CNBC TV18

HERO MOTOCORP: CO EXEC SAYS WILL LAUNCH MORE & MORE PRODUCTS IN THE PREMIUM CATEGORY - CNBC TV18

HERO MOTOCORP: CO EXEC SAYS OUR CAPACITIES OF UPPER PREMIUM SEGMENT WILL BE ABOVE 10,000 UNITS / MONTH - CNBC TV18

MARUTI SUZUKI: RS. 60.18 CRORES NSE BLOCK TRADE; FOR ~ 60182 SHARES, AT RS. 9999.75

M&M: SEIT HOLDS OPERATIONAL RENEWABLE POWER ASSETS SEEDED BY MAHINDRA SUSTEN WITH A GENERATION CAPACITY OF APPROXIMATELY 1.54 GWP

M&M: CO SAYS MAHINDRA GROUP AND ONTARIO TEACHERS’ CO - SPONSOR INDIA’S LARGEST RENEWABLE ENERGY LISTED INVIT WITH OFFER SIZE OF RUPEES 2262.8CR (USD 273M)

MARUTI SUZUKI: Rs. 25.21 Cr NSE Block Trade; for ~ 25277 Shares, at Rs. 9974.70

TVS MOTOR: Rs. 28.17 Cr NSE Block Trade; for ~ 135995 Shares, at Rs. 2071.60

M&M: CO HAS APPROVED INVESTMENT IN MAHINDRA ELECTRIC AUTOMOBILE LTD (MEAL), UP TO AN AMOUNT NOT EXCEEDING RS. 630 CRORES BY WAY OF SUBSCRIPTION TO RIGHTS ISSUE OF EQUITY SHARES OF MEAL OF RS. 10 EACH AT A PREMIUM OF RS. 4.50 PER SHARE

M&M: CO LAUNCHES XUV400 PRO RANGE - ELECTRIC SUV STARTING AT ₹15.49 LAKH

M&M: CO SAYS INDIA-JAPAN FUND WILL INVEST RS 400 CRORE IN ITS UNIT MAHINDRA LAST MILE MOBILITY

M&M: Q3 BUSINESS UPDATE - TOTAL PRODUCTION DOWN 2.1% AT 44,348 UNITS VS 45,299 UNITS (YOY) -- TOTAL SALES UP 8.9% AT 58,369 UNITS VS 53605 UNITS (YOY) -- TOTAL EXPORT DOWN 41.3% AT 1,819 UNITS VS 3,100 UNITS (YOY)

M&M: CO SAYS DECEMBER TOTAL PRODUCTION 44,348 UNITS VS 45,299 UNITS (YOY)

MAHINDRA AND MAHINDRA: CO COMPLETED EXECUTION OF AGREEMENTS WHERE IJF HAS AGREED TO INVEST 400 CR RUPEES IN MLMML AT THE VALUTION OF UPTO RUPEES 6600 CR

EXIDE INDUSTRIES: Rs. 16.75 Cr NSE Block Trade; for ~ 501607 Shares, at Rs. 333.90

MAHINDRA & MAHINDRA: Rs. 16.41 Cr NSE Block Trade; for ~ 100301 Shares, at Rs. 1636.20

SUNDRAM FASTENERS: CO ENTERS INTO MOU WITH GOVT OF TAMIL NADU FOR 14.11B RUPEES INVESTMENT - THE HINDU BUSINESS LINE

MARUTI SUZUKI: CO TO START EV EXPORTS OF TO EUROPE, JAPAN THIS YEAR - BBG

MARUTI SUZUKI: CHARGE FOR AIR MOBILITY SERVICE EXPECTED TO BE ROUGHLY IN LINE WITH INDIAN TAXI FARE, AROUND $1 TO $2 PER KILOMETER -- SKYDRIVE WILL TEAM WITH MARUTI SUZUKI - NIKKEI

MARUTI SUZUKI: JAPANS SKYDRIVE, SUZUKI PLAN LOW-COST FLYING TAXI SERVICE IN INDIA -- SKYDRIVE, SUZUKI MOTOR PLAN TO START AN AIR MOBILITY SERVICE IN INDIA AS SOON AS 2027, CHARGING FARES SIMILAR TO THAT OF INDIAN TAXI RIDE - NIKKEI

M&M: SUSTAINABLE ENERGY INFRA TRUST (SEIT) LAUNCHES IPO -- STAKE OF CO & MAHINDRA SUSTEN WILL REDUCE TO 10.5% & 15% RESPECTIVELY IN SEIT -- STAKE REDUCTION IN SEIT WILL BE DUE TO ITS PRIMARY ISSUE & OFS

MARUTI SUZUKI: CO PLANS MORE INVESTMENTS IN GUJARAT WITH A NEW GREENFIELD PLANT AND A FOURTH LINE IN SMG

MARUTI SUZUKI: SUZUKI MOTOR EXEC SAYS WILL BRING CARS WITH OTHER GREEN TECHNOLOGIES LIKE BIO GAS AND HYDROGEN - INDIA INVESTOR SUMMIT

MARUTI SUZUKI: SUZUKI MOTOR EXEC SAYS PLAN TO START 4 BIOGAS PLANTS IN GUJARAT - INDIA INVESTOR SUMMIT

MARUTI SUZUKI: INDIA INVESTOR SUMMIT UPDATES - SUZUKI MOTOR EXEC SAYS WILL INVEST 350B RUPEES FOR NEW PLANT IN GUJARAT

BAJAJ AUTO: Rs. 21.37 Cr NSE Block Trade; for ~ 30084 Shares, at Rs. 7103

MAHINDRA & MAHINDRA: Rs. 33.00 Cr NSE Block Trade; for ~ 202289 Shares, at Rs. 1631.20

BAJAJ AUTO: CO LAUNCHES SECOND ELECTRIC SCOOTER AS PART OF ITS EV OVERDRIVE -- CO SAYS CHETAK PREMIUM, WITH A 3.2 KWH BATTERY AND 127 KM RANGE, IS PRICED AT RS 1,35,463 (EX-SHOWROOM DELHI) -- EXISTING MODEL, CHETAK URBANE, RETAILS AT RS 1,15,001 (EX-SHOWROOM DELHI)

M&M: CO IS LIKELY TO LIST THE INFRASTRUCTURE BUSINESS TRUST OF ITS RENEWABLE ASSETS CALLED SUSTAINABLE ENERGY INFRA TRUST EARLY NEXT WEEK - CNBCTV18, CITING SOURCES

MAHINDRA & MAHINDRA: CO EXPANDS COLLABORATION WITH MOBILEYE TO EXPLORE NEXT-GENERATION ADVANCED DRIVING TECHNOLOGY

TVS MOTORS: BOARD MEETING ON JAN 24 TO CONSIDER Q3 RESULTS

ASHOK LEYLAND: CO TO INVEST RS 1,200 CRORE IN THREE TO FIVE YEARS; SIGNS MOU WITH TAMIL NADU GOVERNMENT

BAJAJ AUTO: CO APPROVES BUY BACK OF SHARES NOT EXCEEDING 40B RUPEES AT THE PRICE OF 10,000 RUPEES VIA TENDER OFFER ROUTE

EICHER MOTORS: ROYAL ENFIELD SIGNS PACT TO INVEST 30B RUPEES IN TAMIL NADU STATE FOR AUTOMOBILE COMPONENT MANUFACTURING - STATE GOVT

TATA MOTORS: JLR RETAIL SALES FOR THIRD QUARTER WERE 109,140 UNITS -- ORDER BOOK FOR JLR PRODUCTS AT 148K CLIENT ORDERS AT END OF THE THIRD QUARTER

TATA MOTORS: JAGUAR LAND ROVER REPORTS Q3 FY24 SALES -- JAGUAR LAND ROVER WHOLESALES IN Q3 FY24 WERE 101,043 UNITS, UP 27% VS. Q3 FY23

TVS MOTOR: CO TO CONSIDER Q3 RESULTS ON JAN.24

MARUTI SUZUKI: Rs. 25.24 Cr NSE Block Trade; for ~ 25023 Shares, at Rs. 10086.00

TATA MOTORS: CO ANNOUNCES NEW ELECTRIC PLATFORM ACTI.EV, UNVEILS PUNCH EV - MONEY CONTROL

TATA MOTORS: DEC UK JLR SALES AT 5587 UNITS VS 3501 UNITS (YOY)

MARUTI SUZUKI: Rs. 15.28 Cr NSE Block Trade; for ~ 15296 Shares, at Rs. 9990

BAJAJ AUTO: Rs. 32.68 Cr NSE Block Trade; for ~ 47012 Shares, at Rs. 6951.25

MARUTI SUZUKI: Rs. 19.99 Cr NSE Block Trade; for ~ 20032 Shares, at Rs. 9980.00

TVS MOTOR COMPANY LTD: RS. 174.41 CR NSE BLOCK TRADE; FOR ~ 875522 SHARES, AT RS. 1992.05

TUBE INVESTMENTS: Rs. 33.70 Cr NSE Block Trade; for ~ 96170 Shares, at Rs. 3503.70

MAHINDRA & MAHINDRA: Rs. 17.02 Cr NSE Block Trade; for ~ 102961 Shares, at Rs. 1653.50

TUBE INVESTMENTS: Rs. 23.19 Cr NSE Block Trade; for ~ 66129 Shares, at Rs. 3507.00

MRF: CO SAYS COST OF ACQUISITION AT 358.7M RUPEES -- CO ENTERED INTO CAPTIVE POWER PURCHASE AGREEMENT FOR PURCHASE OF WIND POWER UNDER CAPTIVE POWER POLICY OF GOVT

MRF: CO ENTERED INTO A CAPTIVE POWER PURCHASE AGREEMENT WITH FIRST ENERGY 8 -- CO WILL BE ACQUIRING UPTO 27.2% OF PAID UP EQUITY OF FIRST ENERGY 8

MARUTI SUZUKI INDIA: CO SAYS ORDER WILL HAVE NO MAJOR IMPACT ON FINANCIAL, OPERATION OR OTHER ACTIVITIES OF CO

MARUTI SUZUKI INDIA: CO UNIT GETS ORDER UPHOLDING DEMAND OF 1.74B RUPEES -- SMG WILL BE FILING APPEAL AGAINST ORDER

MARUTI SUZUKI INDIA: CO SAYS SUZUKI MOTOR GUJARAT RECEIVED AN ADJUDICATION ORDER FROM GUJARAT GST AUTHORITY IMPOSING PENALTY OF 174M RUPEES

BAJAJ AUTO: CO TO CONSIDER Q3 RESULTS ON JAN.26

BAJAJ AUTO: CO BOARD MEET TO CONSIDER BUYBACK OF SHARES ON JAN.8

EXIDE INDUSTRIES: CO TO INCREASE CORPORATE GUARANTEE TO EXIDE ENERGY SOLUTIONS TO RS 3,000 CRORE FROM RS 2,000 CRORE -- CO EXECUTES DEED OF CORPORATE GUARANTEE WITH ICICI BANK, TOTALLING OVERALL LIMIT TO RS 750 CRORE

HERO MOTOCORP: DEC TOTAL SALES 3,93,952 UNITS VS EST 3,95,090 UNITS; 3,94,179 UNITS (YOY)

MARUTI SUZUKI INDIA: CO SAYS NO MAJOR IMPACT ON FINANCIAL, OPERATION OR OTHER ACTIVITIES OF CO DUE TO ORDER

MARUTI SUZUKI INDIA: CO SAYS HAD ALREADY PAID TAX AMOUNT -- CO SAYS WILL BE FILING APPEAL -- ORDER IMPOSING PENALTY OF 139M RUPEES

MARUTI SUZUKI INDIA: CO RECEIVED AN ADJUDICATION ORDER FROM HARYANA GST AUTHORITY -- ORDER UPHOLDING DEMAND OF 1.39B RUPEES

TATA MOTORS: CO SAYS HAS SUPPLIED 100 ELECTRIC BUSES TO ASSAM STATE TRANSPORT CORPORATION - STATEMENT

MARUTI SUZUKI INDIA: CO SAYS DECEMBER PRODUCTION 121,028 UNITS VS 124,722 (YOY) -- CO SAYS DECEMBER PRODUCTION INCLUDES SUZUKI MOTOR GUJARAT

BAJAJ AUTO: CO TO CONSIDER Q3 RESULTS ON JAN 24

ASHOK LEYLAND: DEC TOTAL SALES 16,324 UNITS VS EST 17,930 UNITS; 18,138 UNITS (YOY)

APOLLO TYRES: ATMA INITIATES REVIEW OF COUNTERVAILING DUTIES ON CHINESE TYRE IMPORTS AMIDST ALLEGED SUBSIDY CONCERNS

MRF: ATMA INITIATES REVIEW OF COUNTERVAILING DUTIES ON CHINESE TYRE IMPORTS AMIDST ALLEGED SUBSIDY CONCERNS

EICHER MOTORS: DEC (MOTORCYCLE) TOTAL SALES 63,387 UNITS VS EST 66,060 UNITS; 68,400 UNITS (YOY)

TVS MOTOR: DEC TOTAL SALES 3,01,898 UNITS VS EST 2,93,020 UNITS; 2,42,012 UNITS (YOY)

TATA MOTORS: DEC TOTAL SALES 77,855 UNITS VS EST 75,480 UNITS; 74,356 UNITS (YOY)

MARUTI SUZUKI INDIA LTD: Rs. 16.22 Cr NSE Block Trade; for ~ 15809 Shares, at Rs. 10259.95

EICHER MOTORS: DEC CV TOTAL SALES 8,026 UNITS VS EST 7,210 UNITS; 7,221 UNITS (YOY)

ASHOK LEYLAND LTD: Rs. 16.65 Cr NSE Block Trade; for ~ 886419 Shares, at Rs. 187.80

MARUTI SUZUKI: DEC TOTAL SALES 1,37,551 UNITS VS EST 1,38,100 UNITS; 1,39,347 UNITS (YOY)

ASHOK LEYLAND LTD: Rs. 17.44 Cr NSE Block Trade; for ~ 930184 Shares, at Rs. 187.45

M&M: DEC (TRACTOR) TOTAL SALES 19,138 UNITS VS EST 21,010 UNITS; 23,243 UNITS (YOY)

M&M: DEC (AUTO) TOTAL SALES 60,188 UNITS VS EST 64,720 UNITS; 56,700 UNITS (YOY)

MARUTI SUZUKI INDIA LTD: Rs. 22.19 Crores NSE Block Trade; for ~ 21570 Shares, at Rs. 10288.05

BAJAJ AUTO: CO EXEC SAYS CO DID FACE SOME DISRUPTIONS DUE TO THE RED SEA ISSUE - CNBC TV18

BAJAJ AUTO: CO EXEC SAYS SHIPPING COS ARE QUICK TO INCREASE SHIPPING RATES - CNBC TV18

BAJAJ AUTO: CO EXEC SAYS DEC WAS A GOOD MONTH -- SHIPMENTS ARE DELAYED IN SOME PARTS OF LATIN AMERICA AND AFRICA - CNBC TV18

BAJAJ AUTO: CO EXEC SAYS Q4 EXPORTS LIKELY TO BE BETTER THAN Q3 - CNBC TV18

BAJAJ AUTO: DEC TOTAL SALES 3,26,806 UNITS VS EST 3,25,050 UNITS; 2,81,486 UNITS (YOY)

EICHER MOTORS: CO GETS RUPEES 1.3B TAX DEMAND ORDERS, INCLUDING PENALTY

TATA MOTORS: INDIA GOVERNMENT PLANS TO REPLACE 800,000 DIESEL BUSES TO ELECTRIC BY 2030- ET

EICHER MOTORS: INDIA GOVERNMENT PLANS TO REPLACE 800,000 DIESEL BUSES TO ELECTRIC BY 2030- ET

ASHOK LEYLAND: INDIA GOVERNMENT PLANS TO REPLACE 800,000 DIESEL BUSES TO ELECTRIC BY 2030- ET

EXIDE INDUSTRIES: CO FURTHER INVESTMENT IN WHOLLY OWNED SUBSIDIARY THROUGH RIGHTS ISSUE OF 400M RUPEES

TVS MOTOR COMPANY: CO HAS RECEIVED AN AMOUNT OF 3.10B RUPEES FROM SUNDARAM AUTO COMPONENTS -- CO RECEIVED AN AMOUNT TOWARDS EXTINGUISHMENT OF SHARES HELD BY COMPANY

TATA MOTORS: CO BAGS ORDER OF 1350 BUS CHASSIS FROM UTTAR PRADESH STATE ROAD TRANSPORT CORPORATION

TATA MOTOTS: KARNATAKAS CM SAID THAT 1,400 NEW ELECTRIC BUSES WILL BE ADDED TO THE BENGALURU METROPOLITAN TRANSPORT CORPORATION BY APRIL NEXT YEAR - PTI

EXIDE INDUSTRIES: CO TO CONSIDER Q3 RESULTS ON JAN 24

TATA MOTORS: CO EXPECTS TO SELL ABOUT 100,000 ELECTRIC CARS IN THE CURRENT FINANCIAL YEAR, ABOUT DOUBLE THE SALES OF 50,443 UNITS IN THE PREVIOUS YEAR - MC

TATA MOTORS: TOP OFFICIALS OF CO SAYS TO FOCUS MORE ON EXPANDING EV CATEGORY THAN ON RETAINING MARKET SHARE - MC

TATA MOTORS: CO SAYS BSE & NSE HAVE GRANTED THEIR NO OBJECTIONS (“NOC”) TO THE SCHEME OF ARRANGEMENT AMONGST TATA MOTORS AND ITS SHAREHOLDERS AND CREDITORS FOR CANCELLATION OF THE ENTIRE ‘A’ ORDINARY SHARE CAPITAL OF THE CO AND ISSUANCE AND ALLOTMENT OF ORDINARY SHARES AS CONSIDERATION FOR SUCH REDUCTION OF CAPITAL

MARUTI SUZUKI INDIA: CO SAYS YUKIHIRO YAMASHITA RESIGNED AS DIRECTOR, WHOLE-TIME DIRECTOR DESIGNATED AS JOINT MD OF ENGINEERING AND QUALITY ASSURANCE

MARUTI SUZUKI INDIA: CO SAYS NCLAT ADJOURNED CCI MATTER, NEXT LISTED FOR HEARING ON FEB 2, 2024

ASHOK LEYLAND: CO WILL DELIVER STATE OF THE ART 552 BS VI DIESEL FUEL -- THIS DEAL FOR 5B RUPEES

ASHOK LEYLAND: CO SECURES LANDMARK ORDER FOR 552 BUSES FROM TAMIL NADU STATE TRANSPORT CORPORATION

TATA MOTORS: COS NEW SAFARI AND HARRIER SUVS RECEIVE FIRST EVER BHARAT-NCAP 5-STAR RATING CERTIFICATION FROM THE UNION ROAD TRANSPORT MINISTER

APOLLO TYRE: RS 1172.57CR BSE BLOCK TRADE; FOR ~26152942 SHARES, AT RS 448.35 (PRE-OPEN BLOCK)

APOLLO TYRES: IIFL LAUNCHES APOLLO TYRE BLOCK DEAL WORTH $100 MN WITH UPSIDE OPTION -- OFFER TO SELL 1.88 CRORE SHARES OR 3% EQUITY -- FLOOR PRICE RS 440 PER SHARE , AT A MAX 3% DISCOUNT TO CMP -- SELLER - WHITE IRIS INVESTMENT (WARBURG PINCUS ENTITY) - CNBC AWAAZ, CITING SOURCES

BOSCH: BOSCH INDIA ANNOUNCES REALIGNMENT OF GLOBAL MOBILITY SEGMENT -- SANDEEP NELAMANGALA GIVEN ADDITIONAL RESPONSIBILITY TO STEER BUSINESS WITH EFFECT FROM JAN 1, 2024

BOSCH: CO SAYS MANUFACTURING OPERATIONS IN COS BIDADI PLANT WILL REMAIN TEMPORARILY CLOSED ON DEC 30

APOLLO TYRES: BROKERS HAVE APPROACHED MUTUAL FUNDS FOR INTEREST, FURTHER DETAILS AWAITED -- DEAL LAUNCH TODAY WILL DEPEND ON DEMAND FEEDBACK - CNBC AWAAZ, CITING SOURCES

APOLLO TYRES: BLOCK DEAL ALERT - BLOCK DEAL WITH WORTH $100 MN OR RS 850 CRS LAUNCHED -- DEAL MAY HAVE UPSIDE OPTION, TAKING SIZE TO OVER RS 1650 CRORES - CNBC AWAAZ, CITING SOURCES

HERO MOTOCORP: CO SAYS POST PURCHASE OF ADDITIONAL SHARES HMCLS SHAREHOLDING IN ATHER WOULD INCREASE TO 39.7%

HERO MOTOCORP: CO SAYS PURCHASE OF ADDITIONAL SHARES OF ATHER ENERGY -- COST OF ACQUISITION 1.4B RUPEES

HERO MOTOCORP: CO SAYS APPOINTMENT OF MR. VIVEK ANAND AS CHIEF FINANCIAL OFFICER

EXIDE INDUSTRIES: CO INVESTED 1B RUPEES IN UNIT EXIDE ENERGY SOLUTIONS -- TOTAL INVESTMENT MADE BY CO IN EESL STANDS TO 17.80B RUPEES

ASHOK LEYLAND: Rs 42.89cr NSE Block Trade; for ~2438118 shares, at Rs 175.9

MAHINDRA & MAHINDRA: CO INVESTS RUPEES 1,685 CR, SECURES MAJORITY STAKE IN ESPL AND MSPL FOR GROWTH IN ENERGY STORAGE AND MOBILITY SERVICES

BOSCH: CO TO CONSIDER Q3 RESULTS ON FEB 13

SUNDRAM FASTENERS: TAMIL NADU GOVT GRANTS INCENTIVE SCHEMES TO CO WORTH RUPEES 211.80 CR UNDER INDUSTRIAL AND ELECTRIC VEHICLE POLICIES

M&M: CO ANNOUNCES RUPEES 875 CR INVESTMENT IN CLASSIC LEGENDS UNIT; RETAINS 60% EQUITY POST-TRANSACTION

ASHOK LEYLAND: COS H6 ENGINES CONTINUE TO BE THE DOMINANT CHOICE FOR MOST ORIGINAL EQUIPMENT MANUFACTURERS FOR BOTH TRACK AND WHEEL HARVESTER APPLICATIONS

ASHOK LEYLAND: CO UNVEILS CUTTING-EDGE AL-H6 ENGINE - CEV STAGE V ALONG WITH OTHER INNOVATIVE PRODUCTS AT EXCON 2023

CUMMINS INDIA: CO IN COLLABORATION WITH REPOS ENERGY LAUNCHES DATUM, A FUEL MANAGEMENT SYSTEM FOR DIESEL APPLICATIONS

TATA MOTORS: CO HAS BEEN AWARDED A CMVR TYPE APPROVAL CERTIFICATE FOR GREEN HYDROGEN FUEL CELL EV BUS FOR THEIR MODEL TATA STARBUS 4/12 FCEV AND VARIANTS

TATA MOTORS: CO UNIT TATA PASSENGER ELECTRIC MOBILITY COLLABORATES WITH FOUR CPOS TO DEPLOY 10,000 EV CHARGING STATIONS BY FY25

BALKRISHNA INDUSTRIES: Rs 59.89cr NSE Block Trade; for ~231990 shares, at Rs 2581.5

TVS MOTOR: TVS MOTOSOUL 2023 RETURNS IN GOA; ANNOUNCES COLLABORATION WITH ALPINESTARS, SHOWCASES 7 NEW CUSTOM BIKES

MARUTI SUZUKI INDIA: CO RECEIVED AN ORDER FOR DROPPING EARLIER SHOW CAUSE NOTICE FROM GUJARAT GST AUTHORITY -- CO SAYS NO IMPACT ON FINANCIAL, OPERATION OR OTHER ACTIVITIES OF CO DUE TO ORDER

TUBE INVESTMENT: RS 171.65CR NSE BLOCK TRADE; FOR ~513380 SHARES, AT RS 3343.6

BAJAJ AUTO: Rs 61.27cr NSE Block Trade; for ~101279 shares, at Rs 6049.9

M&M: CO SAYS LAYER HYBREN PRIVATE LTD IS INCORPORATED WHICH IS A WHOLLY OWNED SUBSIDIARY OF MAHINDRA SUSTEN, WHICH IS UNDER MAHINDRA HOLDINGS

EICHER MOTORS: NOV MOTOR CYCLE TOTAL SALES 80,251 UNITS VS EST: 85,050 UNITS; 70,766 UNITS (YOY); 84,435 UNITS (MOM)

TVS MOTOR: CO NOV EV SALES 16,782 UNITS VS 10,056 UNITS (YOY)

TVS MOTORS: NOV TOTAL SALES 3,64,231 UNITS VS EST: 3,72,000 UNITS; 2,77,123 UNITS (YOY)

ASHOK LEYLAND: NOV TOTAL SALES 14,053 UNITS VS EST: 16,710 UNITS; 14,561 UNITS (YOY)

MARUTI SUZUKI: NOV TOTAL SALES 1,64,439 UNITS VS EST: 1,67,010 UNITS

APOLLO TYRES: Rs 44.56cr NSE Block Trade; for ~1004338 shares, at Rs 443.7

EICHER MOTORS: NOV CV TOTAL SALES 5,194 UNITS VS EST: 6,700 UNITS; 4,483 UNITS (YOY)

TATA MOTORS: COS NOV EV SALES ( IB + DOMESTIC ) 4,761 UNITS VS 4,451 UNITS (YOY); RECORDING A GROWTH OF 7% (YOY)

TATA MOTORS: NOV TOTAL SALES 74,172 UNITS VS EST: 75,150 UNITS; 75,478 UNITS (YOY)

M&M: CO SAYS RURAL SPENDING BY GOVERNMENT AND PROGRESS IN RABI SOWING ARE FACTORS TO WATCH OUT

M&M: CO SAYS FESTIVE SEASON SAW HIGH DEMAND PULL IN THE DOMESTIC MARKET FOR FARM EQUIPMENT

M&M: NOV TRACTOR TOTAL SALES 32,074 UNITS VS EST: 32,020 UNITS; 30,528 UNITS (YOY)

M&M: NOV AUTO SALES TOTAL SALES 70,576 UNITS VS EST: 71,000 UNITS; 58,303 UNITS (YOY)

BAJAJ AUTO: NOV TOTAL SALES 4,03,000 UNITS VS EST: 3,79,090 UNITS; 3,06,552 UNITS (YOY)

TUBE INVESTMENTS OF INDIA: CO UPDATES ON MERGER OF CELLESTIAL E-MOBILITY, CELLESTIAL E-TRAC WITH TL CLEAN MOBILITY -- MINISTRY OF CORPORATE AFFAIRS HAS APPROVED SCHEME OF AMALGAMATION

M&M: Rs 15.63cr NSE Block Trade; for ~100272 shares, at Rs 1558.4

TATA MOTORS: CO MULLS PRICE HIKE OF PVS AND EVS IN JANUARY - MONEYCONTROL

MARUTI SUZUKI INDIA: CO PLANNED TO INCREASE PRICES OF ITS CARS IN JAN, 2024 ON ACCOUNT OF INCREASED COST PRESSURE

EICHER MOTORS: CO LAUNCHES NEW HIMALAYAN AT A STARTING PRICE OF £5,750 IN UK AND €5900 ACROSS EUROPE -- CO SAYS IN INDIA, HIMALAYAN WILL BE AVAILABLE AT A SPECIAL INTRODUCTORY PRICE OF 269,000 RUPEES TILL DEC 31

HERO MOTOCORP: CO EXEC SAYS WILL TAKE PREMIUM STORES FROM 3 NOV TO 100 BY JUNE END - CNBC TV18

HERO MOTOCORP: CO EXEC SAYS NOT CONCERNED ABOUT SALES NUMBERS FOR PREMIUM BIKES - CNBC TV18

HERO MOTOCORP: CO EXEC SAYS HAVE 25,000 BOOKINGS FOR X440 & MORE THAN 10,000 BOOKINGS FOR KARIZMA - CNBC TV18

HERO MOTOCORP: CO EXEC SAYS SALES OF PREMIUM BIKES HAS JUST STARTED & WE ARE RAMPING UP PRODUCTION - CNBC TV18

MARUTI SUZUKI: CO APPROVED ALLOTMENT OF 12.3M EQUITY SHARES TO SMC VIA PREFERENTIAL BASIS

BAJAJ AUTO: Rs 31.44cr NSE Block Trade; for ~53222 shares, at Rs 5907.65

TVS MOTORS: Rs 36.42cr NSE Block Trade; for ~205822 shares, at Rs 1769.3

TVS MOTOR: CO SAYS ENTRY INTO VIETNAM IN COLLABORATION WITH MINH LONG MOTORS

TVS MOTOR: CO ENTERS VIETNAM; LAUNCHES A RANGE OF TWO-WHEELERS -- CO WILL OFFER A RANGE OF SCOOTERS AND UNDERBONE MOTORCYCLES ACROSS MULTIPLE PRICE POINTS

BAJAJ AUTO: CO EXEC SAYS CO IS WORKING ON A CNG BASED TWO WHEELER - CNBC TV18

BAJAJ AUTO: CO EXEC SAYS PULSARS NEW AVATAR IS DOING WELL, CHETAK IS BACK IN AN EV - CNBC TV18

BAJAJ AUTO: CO EXEC SAYS ELECTRIC 3 WHEELERS BIZ IS DOING WELL, EXPORTS ARE SLOWLY RECOVERING - CNCB TV18

HERO MOTOCORP: Rs 18.19cr BSE Block Trade; for ~53100 shares, at Rs 3425.55

TATA MOTORS: CO WITH ITS AUTHORISED DISTRIBUTOR INCHCAPE COMMENCED SALES, SERVICE OF ITS COMMERCIAL VEHICLES ACROSS THAILAND -STATEMENT

MARUTI SUZUKI INDIA: BOARD MEETING ON NOV 24 TO CONSIDER AND APPROVE ALLOTMENT OF 1,23,22,514 EQUITY SHARES OF THE CO TO SUZUKI MOTOR CORP (SMC) ON A PREFERENTIAL BASIS

EXIDE INDUSTRIES: CO INVESTED 1B RUPEES BY SUBSCRIPTION IN EQUITY SHARE CAPITAL OF EXIDE ENERGY SOLUTIONS ON RIGHTS BASIS

TVS MOTOR: CO ANNOUNCED ITS ENTRY INTO EUROPE AS WELL -- EXPORTS COMPRISE NEARLY 25% OF THE COS BUSINESS AS OF H1 FY 2023

TVS MOTOR: CO LAUNCHES TVS NEO AMI IN AFRICA

BAJAJ AUTO: Rs 28.69cr NSE Block Trade; for ~50527 shares, at Rs 5677.9

BAJAJ AUTO: Rs 28.96cr NSE Block Trade; for ~51008 shares, at Rs 5678.5

BAJAJ AUTO: Rs 28.42cr NSE Block Trade; for ~50016 shares, at Rs 5681.85

TATA MOTORS: CO EXEC SAYS TARGET FOR CO IS TO BE 50% OF ALL VEHICLES SHOULD BE EVS BY 2030, FROM ABOUT 15%-16% NOW

TATA MOTORS: CO EXEC SAYS PRICE PARITY FOR CERTAIN MODELS MAY COME IN NEXT 12-18 MONTHS AS EV PRICES ARE IN DEFLATIONARY TREND

BAJAJ AUTO: Rs 23.21cr NSE Block Trade; for ~40892 shares, at Rs 5676.75

BAJAJ AUTO: Rs 34.19cr NSE Block Trade; for ~60140 shares, at Rs 5685.05

BAJAJ AUTO: RS 69.43CR NSE BLOCK TRADE; FOR ~121856 SHARES, AT RS 5697.80

ASHOK LEYLAND: RS 68.89CR BSE BLOCK TRADE; FOR ~4028508 SHARES, AT RS 171

HERO MOTOCORP: DELHI HC STAYS ENFORCEMENT DIRECTORATE PROCEEDINGS AGAINST PAWAN MUNJAL - CNBCTV18

EXIDE INDUSTRIES: CO SAYS VCGL AND VEPL SHALL NOT USE SAID CHLORIDE MARK IN INDIA AND SHALL WITHDRAW ALL THEIR CLAIMS OVER THIS MARK

EXIDE INDUSTRIES: CO SAYS VERTIV COMPANY GROUP, VERTIV ENERGY PVT LTD. INDIA ACKNOWLEDGED TRADEMARK CHLORIDE IN INDIA ARE REGISTERED IN NAME EXIDE

EXIDE INDUSTRIES: CO SAYS SETTLEMENT OVER LONG STANDING DISPUTE WITH REGARDS TO USE OF CHLORIDE MARK IN INDIA

BAJAJ AUTO: Rs 22.78cr NSE Block Trade; for ~40433 shares, at Rs 5633.95

MARUTI SUZUKI: Rs 26.36cr NSE Block Trade; for ~25013 shares, at Rs 10540

TVS MOTOR: CO FORGES STRATEGIC PARTNERSHIP WITH EMIL FREY FOR KEY EUROPEAN MARKETS

HERO MOTOCORP: COS POST - FESTIVE CHANNEL INVENTORY HAS NOW COME DOWN TO ITS LOWEST LEVEL IN MORE THAN THREE YEARS

HERO MOTOCORP: CO RECORDS MORE THAN 14 LAKH UNITS IN RETAIL SALES IN THE 32-DAY FESTIVE PERIOD WITH 19% GROWTH

HERO MOTOCORP: CO LIGHTS UP THE FESTIVE SEASON 2023 WITH ITS HIGHEST-EVER RETAIL SALES

M&M: Rs 47.37cr NSE Block Trade; for ~307623 shares, at Rs 1540

MARUTI SUZUKI: Rs 69.85cr NSE Block Trade; for ~66999 shares, at Rs 10425.85

BAJAJ AUTO: Rs 59.03cr NSE Block Trade; for ~107535 shares, at Rs 5489.7

BAJAJ AUTO: Rs 27.49cr NSE Block Trade; for ~50078 shares, at Rs 5489.55

BAJAJ AUTO: Rs 23.75cr NSE Block Trade; for ~43271 shares, at Rs 5489.25

EICHER MOTORS: Rs 18.58cr NSE Block Trade; for ~50141 shares, at Rs 3705.85

TATA MOTORS: S&P UPGRADES JAGUAR LAND ROVER TO BB; OUTLOOK POSITIVE

TATA MOTORS: S&P UPGRADES TATA MOTORS, TML HOLDINGS TO BB+; OUTLOOK POSITIVE

EICHER MOTORS: Q2 EBITDA 10.87B RUPEES VS 8.2B (YOY); EST 10.45B -- Q2 EBITDA MARGIN 26.42% VS 23.33% (YOY); EST 25.6%

EICHER MOTORS: Q2 CONS NET PROFIT 10.16B RUPEES VS 6.6B (YOY); EST 8.15B - 9.18B (QOQ) -- Q2 REVENUE 41.14B RUPEES VS 35.2B (YOY); 39.86B (QOQ)

MRF: CO ENTERED INTO AGREEMENT WITH FIRST ENERGY 6 FOR PURCHASE OF SOLAR POWER -- WILL ACQUIRE UPTO 11.57% OF PAID UP EQUITY OF FIRST ENERGY 6 -- FIRST ENERGY 6 DEAL FOR 51.7M RUPEES

M&M: CO EXEC SAYS ON TRACK TO DELIVER 74,000 ELECTRIC THREE-WHEELERS IN FY24

MAHINDRA & MAHINDRA: Q2 EBITDA RUPEES 43.96B VS 35.39B (YOY); EST 32.51B -- Q2 EBITDA MARGIN 17.06% VS 16.01% (YOY); EST 13%

MAHINDRA & MAHINDRA: Q2 REVENUE 258B RUPEES VS 208.4B (YOY); EST 249B

MAHINDRA & MAHINDRA: Q2 SL NET PROFIT 34.5B RUPEES VS 20.89B (YOY); EST 27.75B

HERO MOTOCORP:ED ATTACHED PROPERTIES OF PAWAN MUNJAL CMD HERO MOTOCORP AMOUNTING TO 50 CRS

ASHOK LEYLAND: CO TO INVEST RUPEES 1,200 CR IN SWITCH FOR PRODUCT EXPANSION

TATA MOTORS: MOODYS UPGRADES TATA MOTORS RATINGS TO BA3; OUTLOOK REMAINS POSITIVE

TATA MOTORS: MOODY UPGRADES JAGUAR LAND ROVERS RATINGS TO BA3; OUTLOOK REMAINS POSITIVE

ASHOK LEYLAND: Q2 REVENUE 96.4B RUPEES VS 96B (YOY); EST 98.44B

BOSCH: Q2 REVENUE 41.3B RUPEES VS 36.62B (YOY)

BOSCH: Q2 EBITDA RUPEES4.91B VS 4.31B (YOY) -- Q2 EBITDA MARGIN 11.90% VS 11.77% (YOY)

BOSCH: Q2 SL NET PROFIT 9.9B RUPEES VS 3.72B (YOY)

ASHOK LEYLAND: Q2 EBITDA RUPEES 10.79B VS 5.37B (YOY); EST 10.88B -- Q2 EBITDA MARGIN 11.20% VS 6.50% (YOY); EST 11%

ASHOK LEYLAND: Q2 SL NET PROFIT 5.6B RUPEES VS 1.64B (YOY); EST 6.11B

MAHINDRA AND MAHINDRA: CO SAYS MAHINDRA AEROSPACE AUSTRALIA EXECUTED SHARE PURCHASE AGREEMENT WITH GEORGE MORGAN FOR SALE OF ENTIRE STAKE IN SOME UNITS

MAHINDRA AND MAHINDRA: CO SAYS MAAPL HAS DECIDED TO EXIT AIRCRAFT MANUFACTURING BUSINESS

APOLLO TYRES: Q2 EBITDA 11.6B RUPEES VS 7.12B (YOY) -- Q2 EBITDA MARGIN 18.47% VS 11.95% (YOY) (CORRECTION)

HERO MOTOCORP: CO SAYS WILL ALSO COMMENCE OPERATIONS IN UNITED KINGDOM -- WILL START TO BRING PREMIUM RANGE OF ICE MOTORCYCLES AND SCOOTERS TO EUROPEAN MARKETS

HERO MOTOCORP: CO WILL ENTER EUROPE WITH ELECTRIC VEHICLE BRAND VIDA -- VIDA V1 WILL BE FIRST PRODUCT TO ENTER IN EUROPEAN MARKETS, STARTING WITH SPAIN AND FRANCE

HERO MOTOCORP: CO TO DEBUT IN UK, KEY EUROPEAN COUNTRIES WITH ELECTRIC VEHICLES IN 2024

CUMMINS INDIA: CO APPOINTED JENNIFER BUSH AS CHAIRPERSON

CUMMINS INDIA: CO SAYS WE EXPECT THE DEMAND TO NORMALIZE AND SUSTAIN FOR THE REST OF THE YEAR

CUMMINS INDIA: CO SAYS PRIOR TWO QUARTERS WITNESSED SOME DEMAND SHIFTS AS BOTH CPCB II AND CPCB IV+ PRODUCTS ARE ALLOWED TO BE SOLD TILL JUNE 2024

CUMMINS INDIA: CO SUCCESSFULLY LAUNCHED THE CPCB IV+ EMISSION NORMS-COMPLIANT PRODUCTS IN THE MARKET ON TIME

CUMMINS INDIA: Q2 EBITDA 3.39B RUPEES VS 2.9B (YOY) -- Q2 EBITDA MARGIN 18.12% VS 15.09% (YOY)

CUMMINS INDIA: Q2 SL NET PROFIT 3.28B RUPEES VS 2.5B (YOY); 3.2B (QOQ) -- Q2 REVENUE 18.7B RUPEES VS 19.2B (YOY); 21.75B (QOQ)

APOLLO TYRES: Q2 EBITDA 1.16B RUPEES VS 7.12B (YOY) -- Q2 EBITDA MARGIN 18.47% VS 11.95% (YOY)

APOLLO TYRES: Q2 CONS NET PROFIT 4.74B RUPEES VS 1.94B (YOY); 3.97B (QOQ) -- Q2 REVENUE 62.79B RUPEES VS 59.56B (YOY); 62.44B (QOQ)

TVS MOTOR: CO SAYS SHAREHOLDING OF TVS MOTOR (SINGAPORE) IN KILLWATT GMBH INCREASED FROM 25% TO 39.28% -- KILLWATT GMBH DEAL FOR 4M EUROS

TVS MOTOR: CO SAYS INITIATED AN ACQUISITION OF 8,000 EQUITY SHARES IN KILLWATT GMBH -- ACQUISITION OF SHARES BY TVS MOTOR (SINGAPORE)

EXIDE INDUSTRIES: CO SAYS FURTHER INVESTMENT OF 500M RUPEES IN WHOLLY OWNED SUBSIDIARY THROUGH RIGHTS ISSUE

TVS MOTOR: CO LAUNCHES TVS KING DURAMAX PLUS ,PRICED AT RUPEES 2.57 LAKHS & CNG VARIANT RUPEES 2.35 LAKHS

TATA MOTORS: STANDARD CHARTERED BANK, INDIA, PARTNERED WITH TATA MOTORS, FOR OFFERING SUPPLY CHAIN FINANCE SOLUTIONS TO PASSENGER EV DEALERS - STATEMENT

TATA MOTORS: OCT UK JLR SALES AT 6,031 UNITS VS 3,650 UNITS (YOY)

EXIDE INDUSTRIES: CO TOTAL EQUITY INVESTMENT IN EESL NOW STANDS AT RUPEES 1,530CR, INCLUDING AN ADDITIONAL RUPEES 440CR INVESTED IN OCTOBER 2023

EXIDE INDUSTRIES: Q2 REVENUE 41B RUPEES VS 37.2B (YOY)

EXIDE INDUSTRIES: Q2 EBITDA RUPEES 4.83B VS 4.12B (YOY) -- Q2 EBITDA MARGIN 11.76% VS 11.08% (YOY)

EXIDE INDUSTRIES: Q2 EBITDA RUPEES 4.83B VS 4.12B (YOY) -- Q2 EBITDA MARGIN 11.76% VS 11.08% (YOY)

EXIDE INDUSTRIES: Q2 SL NET PROFIT 2.87B RUPEES VS 2.5B (YOY)

ASHOK LEYLAND: CO DELIVERS INDIA’S FIRST LNG-POWERED HAULAGE TRUCK NAMES AVTR 1922

BAJAJ AUTO: Rs 21.81cr NSE Block Trade; for ~40281 shares, at Rs 5415

EICHER MOTORS: CO SAYS PAOLO BROVEDANI, CHIEF OF PRODUCT DEVELOPMENT-ROYAL ENFIELD DECIDED TO RETIRE

MRF: CO APPROVED DIVIDEND OF 3 RUPEES PER SHARE

MRF: Q2 EBITDA RUPEES 11.3B VS 4.8B (YOY) -- Q2 EBITDA MARGIN 18.54% VS 8.17% (YOY)

MRF: Q2 REVENUE 61B RUPEES VS 57.1B (YOY)

MRF: Q2 CONS NET PROFIT 5.7B RUPEES VS 1.29B (YOY)

TATA MOTORS: Rs 28cr NSE Block Trade; for ~426692 shares, at Rs 656.25

TATA MOTORS: SHARES UP 4% IN PRE-OPEN TRADE AFTER POSTING Q2 PROFIT

MARUTI SUZUKI INDIA: CO SAYS OCT PRODUCTION 176,437 UNITS VS 156,067 (YOY)

TATA MOTORS: TPEM-JLR MOU FOR LICENSING OF JLR’S ELECTRIFIED MODULAR ARCHITECTURE PLATFORM FOR A ROYALTY FEE -- TPEM AND JLR WILL ALSO ENTER INTO AN ENGINEERING SERVICES AGREEMENT

TATA MOTORS: TATA PASSENGER ELECTRIC MOBILITY (TPEM) AND JLR ANNOUNCE PLATFORM-SHARING PARTNERSHIP TO ACCELERATE DEVELOPMENT OF TPEM’S ‘PREMIUM PURE ELECTRIC’ SERIES ‘AVINYA’

TATA MOTORS: CO EXEC SAYS REMAIN OPTIMISTIC IN TERMS OF CV PROFITABILITY FOR NEXT YEAR -- CO EXEC SAYS WILL START ROLLING OUT CARS FROM SANAND PLANT FROM Q4

TATA MOTORS: CO EXEC SAYS ON EV SIDE PROFITABILITY IS COMFORTABLE -- CO EXEC SAYS DO NOT SEE A DEMAND STRESS FOR PV FOR AT LEAST NEXT SIX MONTHS

TATA MOTORS: CO SAYS OVERALL CV INDUSTRY CONTINUES TO SHOW HEALTHY DEMAND

TATA MOTORS: CO SAYS FINANCIAL PERFORMANCE IS EXPECTED TO IMPROVE FURTHER OWING TO A RICHER MIX, CONTINUED LOW-BREAK-EVEN IN JLR -- OVERALL, DEMAND TRENDS FOR PV,EV BUSINESS LOOK HEALTHY WITH ONSET OF FESTIVE SEASON, NEW PRODUCT LAUNCHES, STRENGTHENING ELECTRIFICATION TREND

TATA MOTORS: CO SAYS REMAIN OPTIMISTIC ON DEMAND DESPITE EXTERNAL CHALLENGES AND ANTICIPATE A MODERATE INFLATIONARY ENVIRONMENT -- AIM TO DELIVER A STRONGER PERFORMANCE IN H2, DUE TO A HEALTHY ORDER BOOK AT JLR, STRONG DEMAND FOR HEAVY TRUCKS IN CV, PV

TATA MOTORS: CO SAYS CONTINUE TO EXPECT JLR FREE CASH FLOW OF OVER £2BN IN FY24 WITH NET DEBT REDUCING TO LESS THAN C. £1BN BY END OF FY24

TATA MOTORS: JLR PRODUCTION AND WHOLESALE VOLUMES ARE EXPECTED TO GRADUALLY INCREASE IN H2 FY24 -- JLR EBIT MARGIN FOR FY24 IS NOW EXPECTED TO IMPROVE TO AROUND 8% COMPARED TO 6% PLUS PREVIOUSLY INDICATED

TATA MOTORS: Q2 EBITDA 144B RUPEES VS 37.09B (YOY); EST: 136.8B -- Q2 EBITDA MARGIN 13.7% VS 4.66% (YOY); EST: 12.8% (AS PER STATEMENT)

TATA MOTORS: Q2 CONS NET PROFIT 37.64B RUPEES VS LOSS 9.45B (YOY); EST: 40.4B - PROFIT 32B (QOQ) -- Q2 REVENUE 1.05T RUPEES VS 796.11B (YOY); EST: 1.05T - 1.02T (QOQ)

TATA MOTORS: CO TO SUPPLY, OPERATE 200 ELECTRIC BUSES IN SRINAGAR, JAMMU FOR 12 YRS - PTI

TVS MOTOR: Rs 31.19cr NSE Block Trade; for ~200216 shares, at Rs 1557.65

HERO MOTOCORP: SHARES UP 1.5% IN PRE-OPEN TRADE ON QTRLY PROFIT BEAT

HERO MOTOCORP: CO SAYS PAWAN MUNJAL VOLUNTEERED TO REDUCE HIS FIXED SALARY BY 20%

HERO MOTOCORP: Q2 EBITDA 13.28B RUPEES VS 10.38B (YOY); EST 13.29B -- Q2 EBITDA MARGIN 14.06% VS 11.44% (YOY); EST 14.1%

HERO MOTOCORP: Q2 SL NET PROFIT 10.54B RUPEES VS 7.16B (YOY); EST 9.77B - 8.24B (QOQ) -- Q2 REVENUE 94.45B RUPEES VS 90.75B (YOY);EST 93.69B - 87.67B (QOQ)

EICHER MOTORS: OCT MOTORCYCLE TOTAL SALES 84,435 UNITS VS EST: 85,050 UNITS; 82,235 UNITS (YOY); 78,580 UNITS (MOM)

ASHOK LEYLAND: OCT TOTAL SALES 16,864 UNITS VS EST: 16,810 UNITS 14,863; UNITS (YOY); 19,202 UNITS (MOM)

HERO MOTOCORP: OCT TOTAL SALES 5,74,930 UNITS VS EST: 5,61,100 UNITS; 4,54,582 UNITS (YOY); 5,36,499 UNITS (MOM)

MARUTI SUZUKI: OCT AUTO TOTAL SALES 1,99,217 UNITS VS EST: 1,93,300 UNITS; 1,67,520 UNITS (YOY); 1,81,343 UNITS (MOM)

EICHER MOTORS: OCT CV TOTAL SALES 7,486 UNITS VS EST: 6,520 UNITS; 6,038 UNITS (YOY); 7,198 UNITS (MOM)

TATA MOTORS: OCT AUTO TOTAL SALES 82,954 UNITS VS EST: 82,030 UNITS; 78,335 UNITS (YOY); 82,023 UNITS (MOM)

M&M: CO SAYS STRONG FESTIVE DEMAND SHOULD SEE US CONTINUE OUR GROWTH MOMENTUM IN NOV

M&M: OCT AUTO TOTAL SALES 80,679 UNITS VS EST: 76,440 UNITS; 61,114 UNITS (YOY); 75,604 UNITS (MOM)

M&M: OCT TRACTOR TOTAL SALES 49,400 UNITS VS EST: 46,220 UNITS; 51,994 UNITS (YOY); 43,210 UNITS (MOM)

BAJAJ AUTO: CO EXEC SAYS GROWTH IS DOUBLE THAN THAT OF THE INDUSTRY - CNBC TV18

BAJAJ AUTO: CO EXEC SAYS PLEASANTLY SURPRISED BY CONSUMERS RETURNING TO STORES IN BIG NUMBERS - CNBC TV18

BAJAJ AUTO: CO EXEC SAYS 2 WHEELER INDUSTRY HAS SEEN 15 - 18% GROWTH IN FESTIVE SEASON SO FAR - CNBC TV18

BAJAJ AUTO: OCT TOTAL SALES 4,71,188 UNITS VS EST: 4,17,070 UNITS 3,95,238 UNITS (YOY); 3,92,558 UNITS (MOM)

TATA MOTORS: SHARES UP 2.2% IN PRE-OPEN TRADE ON WINNING COMPENSATION FOR SINGUR PLANT INVESTMENT

BOSCH: CO SAYS ROBERT BOSCH GMBHS REALIGNING OF BUILDING TECHNOLOGIES DIVISION LIKELY TO AFFECT BUSINESS OF BOSCH LTD -- DETAILS OF IMPACT IS YET TO BE ASCERTAINED

MARUTI SUZUKI: Q2 EBITDA 47.8B RUPEES VS 27.8B (YOY); EST 40.89B -- Q2 EBITDA MARGIN 12.91% VS 9.25% (YOY); EST 10.8%

MARUTI SUZUKI: Q2 SL NET PROFIT RUPEES 37B VS 20B (YOY); EST 30.73B -- Q2 REVENUE RUPEES 370B VS 299B (YOY); EST 380.54B

HERO MOTOCORP: CO HAS MADE AN INVESTMENT OF 150M RUPEES BY WAY OF RIGHTS ISSUE IN UNIT, HMC MM AUTO

MARUTI SUZUKI: CO EXEC SAYS DONT SEE DELHI GOVT POLICY FOR CAB AGGREGATORS AS A NEGATIVE- CNBC TV 18

MARUTI SUZUKI: CO EXEC SAYS CO RETAINED 3.1 LAKH CARS VS 7 LAKH CARS BY INDUSTRY IN THE LAST 72 DAYS- CNBC TV 18

MARUTI SUZUKI: CO EXEC SAYS CO HAS SEEN 20% GROWTH IN FESTIVE SEASON SO FAR- CNBC TV 18

TVS MOTOR: ION MOBILITY AND CO ANNOUNCE COLLABORATION THROUGH PROJECT DYNAMO IN INDONESIA

TATA MOTORS: CO SAYS IT HAS COMMISSIONED TWO R&D FACILITIES IN PUNE FOR DEVELOPMENT OF HYDROGEN PROPULSION TECHNOLOGIES

M&M: Rs 30.11cr NSE Block Trade; for ~192277 shares, at Rs 1566.2

M&M: Rs 64.79cr NSE Block Trade; for ~413180 shares, at Rs 1568

M&M: Rs 67.87cr NSE Block Trade; for ~432170 shares, at Rs 1570.5

BALKRISHNA INDUSTRIES: Q2 EBITDA 5.32B RUPEES VS 4.26B (YOY) -- Q2 EBITDA MARGIN 23.64% VS 16.04% (YOY)

BALKRISHNA INDUSTRIES: Q2 CONS NET PROFIT 3.47B RUPEES VS 3.82B (YOY) -- Q2 REVENUE 22.53B RUPEES VS 26.57B (YOY)

TVS MOTOR: CO MAKES A HISTORIC DEBUT IN VENEZUELA, BECOMES THE FIRST INDIAN AUTOMOBILE MANUFACTURER TO ENTER THE MARKET

TATA MOTORS: BOARD MEETING ON NOV 2 TO CONSIDER Q2 TRESULTS

TATA MOTORS: DEAL HAS PROVISION FOR CO TO FURTHER INVEST 1B RUPEES OVER NEXT TWO YEARS, AT THEN PREVAILING MARKET VALUE

TATA MOTORS: CO TO ACQUIRE 26.79% STAKE IN FREIGHT COMMERCE SOLUTIONS -- FREIGHT COMMERCE SOLUTIONS DEAL FOR 1.5B RUPEES

BAJAJ AUTO: SHARES UP 2.54% IN EARLY TRADE; Q2 CONSOLIDATED NET PROFIT REACHES 20.20B RUPEES, UP FROM 17.19B RUPEES (YOY) - 17% GROWTH

BAJAJ AUTO: CO SAYS PAYOUT UP TO 50% IF SURPLUS FUNDS LESS THAN 75B RUPEES -- PAYOUTS IN DIVIDEND POLICY AS PERCENTAGE OF STANDALONE PAT

BAJAJ AUTO: CO SAYS OVERALL PAYOUT TO BE >70% IF SURPLUS FUNDS >150B RUPEES -- PAYOUT UP TO 70% IF SURPLUS FUNDS 75B-150B RUPEES

BAJAJ AUTO: CO ADOPTS REVISED DIVIDEND DISTRIBUTION POLICY -- RETAINED EARNINGS TO BE USED TO FUND EVENTS

BAJAJ AUTO: CO SAYS LAUNCH OF SCRAMBLER 400X AND START OF EXPORTS ARE PLANNED FOR Q3

MARUTI SUZUKI INDIA: CO SAYS ORDER ALLOWS APPEAL FILED BY CO AGAINST COMMISSIONER CENTRAL EXCISE ORDER DISALLOWING INPUT CREDIT ON CERTAIN GOODS -- TOTAL TAX AND PENALTY DEMAND OF 38M RUPEES DELETED BY CESTAT

MARUTI SUZUKI INDIA: CO RECEIVED AN ORDER FROM CUSTOMS, EXCISE AND SERVICE TAX APPELLATE TRIBUNAL (CESTAT), CHANDIGARH

BAJAJ AUTO: Q2 EBITDA 23.13B RUPEES VS 19.48B (YOY); EST 20.9B -- Q2 EBITDA MARGIN 21.34% VS 19.09% (YOY); EST 19.3%

BAJAJ AUTO: Q2 CONS NET PROFIT 20.20B RUPEES VS 17.19B (YOY); EST 17.5B - 16.44B (QOQ) -- Q2 REVENUE 108.38B RUPEES VS 102B (YOY); EST 108B - 103.1B (QOQ)

TATA MOTORS: CO LAUNCHES 2023 HARRIER SUV AT AN INTRODUCTORY PRICE OF RS 15.49 LAKH AND SAFARI SUV AT RS 16.19 LAKH

TVS MOTOR: CO LAUNCHES TVS JUPITER 125 WITH SMARTXONNECTTM TECHNOLOGY

MARUTI SUZUKI: CO APPROVED ISSUE OF 12M EQUITY SHARES TO SUZUKI MOTOR CORPORATION AT PRICE OF RUPEES 10420.85 PER SHARE

HERO MOTOCORP: CO SELLS 1,000 HARLEY-DAVIDSON X440 ACROSS 100 DEALERSHIPS

TATA MOTORS: JLR ANNOUNCES RESULTS OF TENDER OFFERS FOR THREE NOTES -- JLR - AGGREGATE PRINCIPAL AMOUNT OF NOTES ACCEPTED BY CO AT $399.5M -- JLR - PAYMENT OF CASH FOR NOTES ACCEPTED TO BE MADE ON OCTOBER 18

M&M: CO SAYS INCOME TAX DEPT FILED APPEAL BEFORE COURT AGAINST ORDER OF TRIBUNAL ALLOWING RELIEF TO CO ON DISPUTED TAX CLAIM

M&M: CO SAYS DISPUTED TAX AMOUNT IS 4.32B RUPEES -- CO DOES NOT REASONABLY EXPECT OUTCOME OF APPEAL TO HAVE ANY MATERIAL IMPACT ON CO

M&M: CO SAYS SEPT PRODUCTION OUTPUT 79,410 VS 65,154 (YOY)

TATA MOTORS: CO ENTERED INTO SHARE PURCHASE AGREEMENTS WITH INVESTORS FOR SALE OF 9.9% STAKE IN TATA TECHNOLOGIES FOR 16.14B RUPEES

BALKRISHNA INDUSTRIES: BOARD MEETING ON OCT 21 TO CONSIDER Q2 RESULTS -- CO TO DECLARE SECOND INTERIM DIVIDEND IF ANY

ASHOK LEYLAND: CO WINS ORDER OF 1666 DIESEL BUSES FROM TAMIL NADU STATE TRANSPORT

MARUTI SUZUKI: Rs 33.38cr NSE Block Trade; for ~31265 shares, at Rs 10676.15

TATA MOTORS: CJ DARCL LOGISTICS MOU WITH TATA MOTORS TO EXPLORE INDIAN MARKET - ET

MARUTI SUZUKI INDIA: BOARD MEETING ON OCT 17 TO CONSIDER AND APPROVE ISSUE OF EQUITY SHARES OF CO TO SUZUKI MOTOR CORP (SMC) ON A PREFERENTIAL BASIS

HERO MOTOCORP: HC TO NEXT HEAR COS FORGERY CASE ON DEC 6 - ZEE BUSINESS

HERO MOTOCORP: DELHI HC STAYS CHEATING CASE PROCEEDINGS AGAINST COS MUNJAL - BAR & BENCH

MARUTI SUZUKI INDIA: MARUTI SUZUKI COMMENCES EXPORT OF INDIA-MANUFACTURED JIMNY 5-DOOR -- JIMNY 5-DOOR WILL BE SHIPPED TO DESTINATIONS INCLUDING LATIN AMERICA, MIDDLE EAST, AND AFRICA REGIONS

MARUTI SUZUKI: RS 134.09CR BSE BLOCK TRADE; FOR ~128598 SHARES, AT RS 10426.9

MAHINDRA & MAHINDRA: Rs 85.92cr BSE Block Trade; for ~553400 shares, at Rs 1552.65

BALKRISHNA INDUSTRIES: Rs 30.68cr NSE Block Trade; for ~118511 shares, at Rs 2589.15

ASHOK LEYLAND: CO LAUNCHES ECOMET STAR 1915 WITH 18.49T GVW

BAJAJ AUTO: CO LEASES 7.63 LAKH SQ M FOR RS 53 CR IN CHAKAN NEAR PUNE - MONEYCONTROL

BAJAJ AUTO: TRIUMPH MOTORCYCLES AND BAJAJ AUTO LAUNCH SCRAMBLER 400X IN INDIA AT RS 2.63 LAKH - TIMES NOW

MARUTI SUZUKI INDIA: CUSTOMS DEPARTMENT ALLEGED CO FOR EVADING CUSTOM DUTY OF 1.6M RUPEES BY WRONG AVAILMENT OF BCD CONCESSION -- CO WILL FILE REPLY TO THE SHOW CAUSE NOTICE BEFORE THE ADJUDICATING AUTHORITY

MARUTI SUZUKI INDIA: CO RECEIVED SHOW CAUSE NOTICE FROM CUSTOMS DEPARTMENT -- CO SAYS THERE IS NO IMPACT ON FINANCIAL, OPERATION OR OTHER ACTIVITIES OF CO DUE TO SHOW CAUSE NOTICE

CUMMINS INDIA: CO SAYS EXIT FROM SEZ WILL NOT HAVE ANY MATERIAL IMPACT ON CO OPS

CUMMINS INDIA: CO SAYS WITH THIS, THE AFORESAID UNIT SHALL CONTINUE TO OPERATE AS DOMESTIC TARIFF AREA (DTA) PLANT POST COMPLETION OF NECESSARY FORMALITIES

CUMMINS INDIA: CO HAS RECEIVED LETTER FROM THE ASSISTANT DEVELOPMENT COMMISSIONER, PUNE CLUSTER SEZ, CONVEYING THAT THE CUT-OFF DATE FOR THE CO’S UNIT BEARING PLOT NO. B-2 OPERATING AS SEZ IN MIDC PHALTAN TO EXIT FROM SEZ SCHEME HAS BEEN FINALISED AS OCT 11, 2023

HERO MOTOCORP: CO ALSO REGISTERED AN FIR AGAINST BRAINS LOGISTICS, MATTER IS ONGOING BEFORE COMPETENT COURT

HERO MOTOCORP: CO SAYS RECENT NEWS ITEM REGARDING AN FIR AGAINST COMPANY/ OFFICIALS AN OLD MATTER PERTAINING TO YEAR 2009-10 09 -- WHILE COMPLAINANT HAS MENTIONED COMPANY OFFICIALS IN COMPLAINT, HOWEVER, NO OFFICIAL HAS BEEN NAMED IN FIR