BALKRISHNA INDUSTRIES: Q2 EBITDA 5.8B RUPEES VS 5.3B (YOY) -- Q2 EBITDA MARGIN 23.96% VS 23.64% (YOY)
BALKRISHNA INDUSTRIES: Q2 CONS NET PROFIT 3.46B RUPEES VS 3.5B (YOY); 4.9B (QQQ) -- Q2 REVENUE 24.2B RUPEES VS 22.5B (YOY)
BALKRISHNA INDUSTRIES: CO HAS DECLARED SECOND INTERIM DIVIDEND OF 4 RUPEES PER EQUITY SHARE
TVS MOTOR: CO IS INTRODUCING THE TVS RAIDER WITH IGO - THE FASTEST 125CC MOTORCYCLE IN THE SEGMENT, WITH A FIRST-IN-CLASS “BOOST MODE”
ASHOK LEYLAND: CO UNIT WINS ORDER FOR 500 ELECTRIC BUSES FROM MTC, CHENNAI
TVS MOTOR: CO EXPECTS 7–8% GROWTH IN Q3FY25, SUPPORTED BY BETTER RURAL DEMAND -- NAVRATRI SALES GREW BY 10–11%, AND Q3FY25 VOLUME IS UP 4% SO FAR - CONCALL UPDATE
M&M: CO SAYS PSL IS ONE OF THE BIGGEST PASSIVE SAFETY TESTING FACILITIES OWNED BY AN OEM ACROSS THE WORLD COVERING OVER 25000 SQ.M OF LAND -- BATTERY & CELL RESEARCH LAB IS A STATE OF ART FACILITY WHERE CUTTING EDGE RESEARCH WORK IS DONE AND BUILT OVER 1374 SQ.M OF LAND
M&M: CO INAUGURATES TWO STATE-OF-THE-ART DEVELOPMENT TEST FACILITIES; MAHINDRA PASSIVE SAFETY LAB (PSL) AND BATTERY & CELL RESEARCH LAB -- ALL-NEW AND STATE-OF-THE-ART PASSIVE SAFETY LAB (PSL) AND ADVANCED CELL RESEARCH LABORATORY & BATTERY PROTO BUILD SHOP BY CO WITH AN INVESTMENT OF OVER RS. 300 CRORES
TVS MOTOR: CO EXEC SAYS RED SEA CRISIS CHALLENGES CONTINUED IN CURRENT QTR
TVS MOTOR CO: Q2 REVENUE 92.3B RUPEES VS 81.45B (YOY); EST 95B
TVS MOTOR CO: Q2 EBITDA 10.8B RUPEES VS 9B (YOY); EST 11.33B -- Q2 EBITDA MARGIN 11.7% VS 11.05% (YOY); EST 12%
TVS MOTOR CO: Q2 SL NET PROFIT 6.6B RUPEES VS 5.37B (YOY); EST 7.03B
MAHINDRA & MAHINDRA LTD: RS. 60.69 CRORES NSE BLOCK TRADE; FOR ~ 211993 SHARES, AT RS. 2863.00
TUBE INVESTMENTS OF INDIA LTD: RS. 78.19 CRORES NSE BLOCK TRADE; FOR ~ 174923 SHARES, AT RS. 4470.00
MAHINDRA & MAHINDRA LTD: RS. 70.71 CRORES NSE BLOCK TRADE; FOR ~ 243025 SHARES, AT RS. 2909.40
MAHINDRA & MAHINDRA LTD: Rs. 36.07 Crores NSE Block Trade; for ~ 126411 Shares, at Rs. 2853.00
MRF: CO WILL BE ACQUIRING UPTO 26% OF PAID UP EQUITY OF CLEAN MAX OMNI
MRF: CO ENTERED INTO CAPTIVE POWER PURCHASE AGREEMENT WITH CLEAN MAX OMNI -- DEAL WORTH 72.6M
MAHINDRA & MAHINDRA LTD: RS. 118.81 CRORES NSE BLOCK TRADE; FOR ~ 402653 SHARES, AT RS. 2950.80
BAJAJ AUTO: CO LAUNCHES PULSAR N125 AT STARTING PRICE OF RS 94,707 - MONEYCONTROL
TATA MOTORS: CO RECEIVES ORDER FOR 1000 DIESEL BUS CHASSIS FROM UPSRTC - BUSINESS STANDARD
EICHER MOTORS: ROYAL ENFIELD DEBUTS IN BANGLADESH WITH MANUFACTURING & ASSEMBLY UNIT, AND FLAGSHIP STORE IN DHAKA -- CO SETS UP MANUFACTURING UNIT IN CUMILLA DISTRICT, BANGLADESH WITH 30,000 UNITS ANNUAL CAPACITY
TVS MOTOR COMPANY: CO LAUNCHES THE ALL NEW TVS APACHE RTR 310 AT NATIONAL BIKERS WEEKEND IN SINGAPORE
BAJAJ AUTO: RAJIV BAJAJ SAYS COMMENTS WERE MISTAKEN EARLIER PROMOTERS ARE BUYING STOCK FROM OPEN MARKET -- FEEL 20,000 RUPEES IS FAIR VALUE OF BAJAJ AUTO STOCK
BAJAJ AUTO : CO CLARIFIES SAYS WE ARE GROWING 40% FASTER THAN INDUSTRY AVERAGE GROWTH WILL BE CLOSER TO DOUBLE DIGIT BY DECEMBER
TVS MOTOR: CO INTRODUCES TVS HLX 125 WITH 5-GEARS IN KENYA
BAJAJ AUTO: CO SAYS A NEW PLATFORM IS BEING DEVELOPED, WHICH IS EXPECTED TO SIGNIFICANTLY REDUCE COSTS, WITH A LINE OF SIGHT ON FURTHER COST REDUCTION PLAYING OUT BETWEEN Q3 AND Q4 - CONCALL UPDATE
BAJAJ AUTO: CO IS PLANNING TO SUBSTANTIALLY EXPAND ITS THREE-WHEELER RANGE ON THE ELECTRIC SIDE, WITH A NEW PRODUCT ENTERING THE MARKET EVERY MONTH STARTING FROM END-NOV - CONCALL UPDATE
BAJAJ AUTO: CO TARGETS AN EQUITY CONTRIBUTION OF 20% IN BAJAJ AUTO CREDIT LIMITED AND EXPECTS ITS AUM TO REACH RUPEES 10,000 CR BY THE END OF THE FINANCIAL YEAR - CONCALL UPDATE
BAJAJ AUTO: CO EXPECTS TO INFUSE AN ADDITIONAL RUPEES 1,200 CR TO RUPEES 1,400 CR INTO BAJAJ AUTO CREDIT LIMITED IN THE SECOND HALF OF THE YEAR - CONCALL UPDATE
BAJAJ AUTO: CO EXEC SAYS AS GREEN ENERGY PORTFOLIO IS BUILDING UP, AVERAGE SELLING PRICE IS BENEFITTING
BAJAJ AUTO: CO EXEC SAYS ENTIRETY OF ELECTRIC PORTFOLIO HAS BROKEN EVEN THIS QUARTER -- CO EXEC SAYS DRAG OF ELECTRIC SCOOTER CHETAK WAS OFFSET BY PROFITABILITY OF ELECTRIC THREE-WHEELERS IN Q2
BAJAJ AUTO: CO APPROVED ADDITIONAL INVESTMENT IN EQUITY SHARE CAPITAL OF BAJAJ BRAZIL -- ADDITIONAL INVESTMENT OF UP TO $10M IN BRAZIL UNIT
BAJAJ AUTO: Q2 EBITDA 26.52B RUPEES VS 21.33B (YOY); EST 27.04B -- Q2 EBITDA MARGIN 20.20% VS 19.80% (YOY); EST 20.4%
BAJAJ AUTO: Q2 REVENUE 131.3B RUPEES VS 108.8B (YOY); EST 133B
BAJAJ AUTO: Q2 SL NET PROFIT 20.05B RUPEES VS 18.36B (YOY); EST 22.3B
TATA MOTORS: UNITS TPEM, TMPV PARTNER WITH HSBC INDIA TO OFFER FINANCING FOR PASSENGER, EV DEALERS
MARUTI SUZUKI: CO INTRODUCES BALENO REGAL EDITION -- CO SAYS BALENO REGAL EDITION AVAILABLE ACROSS ALL VARIANTS OF NEW AGE BALENO FOR A LIMITED PERIOD
MARUTI SUZUKI: BOARD MEETING ON OCT 29 TO CONSIDER Q2 RESULTS
EICHER MOTORS LTD: RS. 62.95 CRORES NSE BLOCK TRADE; FOR ~ 134302 SHARES, AT RS. 4687.25
ASHOK LEYLAND LTD: RS. 59.20 CRORES NSE BLOCK TRADE; FOR ~ 2622489 SHARES, AT RS. 225.74
MARUTI SUZUKI: ESG SCORE UPGRADED FROM 68.5 (GRADE B) IN 2023 TO 74 (GRADE 3+) BY SES ESG RESEARCH
ASHOK LEYLAND LTD: Rs. 22.21 Crores NSE Block Trade; for ~ 1009263 Shares, at Rs. 220.02
TATA MOTORS: BOARD MEETING ON NOVEMBER 8 TO CONSIDER Q2 RESULTS
MAHINDRA & MAHINDRA LTD: RS. 153.55 CRORES NSE BLOCK TRADE; FOR ~ 485111 SHARES, AT RS. 3165.20
EICHER MOTORS LTD: RS. 58.79 CRORES NSE BLOCK TRADE; FOR ~ 125543 SHARES, AT RS. 4683.00
TVS MOTOR: ECOFY AND CO COLLABORATE TO TRANSFORM THE LANDSCAPE OF EV THREEWHEELER FINANCING IN INDIA
EICHER MOTORS LTD: RS. 97.94 CRORES NSE BLOCK TRADE; FOR ~ 209060 SHARES, AT RS. 4685.00
MAHINDRA & MAHINDRA: CO INCORPORATES MAHINDRA SOUTH EAST ASIA IN THAILAND
TATA MOTORS: CO GROUP GLOBAL WHOLESALES IN Q2 FY25, INCLUDING JAGUAR LAND ROVER LOWER BY 11%
TATA MOTORS: TATA MOTORS GROUP GLOBAL WHOLESALES AT 304,189 IN Q2 FY25
MARUTI SUZUKI: CO LAUNCHES GRAND VITARA DOMINION
TATA MOTORS: NOMURA SAYS - THE STOCK IS CURRENTLY TRADING AT ~4.2X FY27F EV/EBITDA, WHICH WE BELIEVE IS ATTRACTIVE. WE MAINTAIN OUR BUY RATING AND SOTP-BASED TP OF RS 1,303.
MAHINDRA & MAHINDRA LTD: RS. 168.49 CRORES NSE BLOCK TRADE; FOR ~ 546535 SHARES, AT RS. 3082.85
TATA MOTORS: CO UNIT TATA MOTORS FINANCE, BANK OF INDIA INK CO-SOURCING PACT FOR FINANCING OF COMMERCIAL VEHICLES - FINANCIAL EXPRESS
TATA MOTORS: CO MAY OFFER BATTERY-AS-A-SERVICE OPTION TO DRIVE UP ELECTRIC VEHICLE SALES - MONEYCONTROL, CITING SOURCES
TATA MOTORS: JLR PRODUCTION IN Q2 FY25 WAS RESTRICTED TO C.86,000 UNITS, DOWN 7% COMPARED TO C.93,000 UNITS IN Q2 FY24, AS A RESULT OF ALUMINIUM SUPPLY DISRUPTIONS REPORTED IN Q1 FY25 -- JLR - PRODUCTION AND WHOLESALE VOLUMES ARE EXPECTED TO RECOVER STRONGLY IN SECOND HALF OF THE YEAR
TATA MOTORS: JLR RETAIL SALES IN Q2 FY25 WERE 103,108 UNITS, DOWN 3% VS Q2 FY24 -- JLR WHOLESALES IN Q2 FY25 WERE 87,303 UNITS, DOWN 10% VS Q2 FY24
ASHOK LEYLAND: CO COMMENCES DELIVERY OF AVTR 55T ELECTRIC AND BOSS ELECTRIC VEHICLES TO BILLION ELECTRIC MOBILITY
MAHINDRA & MAHINDRA LTD: Rs. 40.71 Crores NSE Block Trade; for ~ 134793 Shares, at Rs. 3019.85
WAA SOLAR: APPROVED THE MIGRATION FROM SME PLATFORM OF BSE LIMITED TO MAIN BOARD OF BSE LIMITED AND NATIONAL STOCK EXCHANGE OF INDIA LIMITED - SME UPDATE
TATA MOTORS: SEPTEMBER UK JLR SALES AT 10,807 UNITS VS 8,125 UNITS (YOY)
APOLLO TYRES: KOTAK SAYS INTERNATIONAL NATURAL RUBBER PRICES TO IMPACT PROFITABILITY OF TIREMAKERS
ASHOK LEYLAND LTD: Rs. 35.67 Crores NSE Block Trade; for ~ 1563068 Shares, at Rs. 228.21
BAJAJ AUTO LTD: RS. 59.92 CRORES NSE BLOCK TRADE; FOR ~ 51166 SHARES, AT RS. 11710.00
M&M: MAHINDRA THAR ROXX OPENS WITH 176218 BOOKINGS WITHIN 60 MINUTES
TATA MOTORS LTD: Rs. 20.67 Crores NSE Block Trade; for ~ 222779 Shares, at Rs. 927.90
ASHOK LEYLAND: CO PARTNERS WITH NIDEC FOR DEVELOPING NOVEL E-DRIVE MOTORS FOR COMMERCIAL VEHICLES
EICHER MOTORS: (MOTORCYCLE) SEPTEMBER TOTAL SALES 86,978 UNITS VS 78,580 UNITS (YOY), EST 88,080
HERO MOTOCORP: SEPTEMBER TOTAL SALES 6,37,050 UNITS VS 5,36,499 UNITS (YOY), EST 6,22,000
MARUTI SUZUKI: SEPTEMBER TOTAL SALES 1,84,727 UNITS VS 1,81,343 UNITS (YOY), EST 1,82,000
TATA MOTORS: CO MD SAYS FLEET EV SALES CONTINUED TO REMAIN IMPACTED DUE TO LAPSE OF FAME II AND NON-INCLUSION OF THE FLEET SEGMENT IN PM-EDRIVE SCHEME
TATA MOTORS: SEPTEMBER TOTAL SALES 69,694 UNITS VS 82,023 UNITS (YOY), EST 82,030
TATA MOTORS: SEPTEMBER TOTAL SALES 69,694 UNITS VS 82,023 UNITS (YOY), EST 82,030
TVS MOTORS: SEPTEMBER TOTAL SALES 4,82,495 UNITS VS 4,02,553 UNITS (YOY), EST 4,78,010
TVS MOTOR CO: CO REGISTERS HIGHEST EVER EV MONTHLY SALES WITH A GROWTH OF 42%
TVS MOTORS: SEPTEMBER TOTAL SALES 4,82,000 UNITS VS 4,02,553 UNITS (YOY), EST 4,78,010
EICHER MOTORS: (CV) SEPTEMBER TOTAL SALES 7,609 UNITS VS 7,198 UNITS (YOY), EST 7,190
ASHOK LEYLAND: SEPTEMBER TOTAL SALES 17,233 UNITS VS 19,202 UNITS (YOY), EST 16,650
BALKRISHNA INDUSTRIES LTD: Rs. 20.30 Crores NSE Block Trade; for ~ 66688 Shares, at Rs. 3043.85
ASHOK LEYLAND: CO, FLIXBUS INDIA SIGNED MOU TO PROVIDE FLIXBUS PARTNERS ACCESS TO COS VALUE-ADDED SERVICES
TATA MOTORS: VOLKSWAGEN HAS REDUCED ITS GUIDANCE FOR THE SECOND TIME IN LAST 3 MONTHS
M&M: CO SAYS DEMAND CONTINUES TO REMAIN VERY STRONG - ET NOW
M&M: BOOKING FOR THAR ROXX TO OFFICIALLY OPEN ON OCT 3 - ETNOW
BAJAJ AUTO: CO EXPECT TO CARRY THE EV MOMENTUM IN THE MONTH OF OCT - CNBC TV18
BAJAJ AUTO: CO EXPECTS 6-8% UNDERLYING GROWTH FOR MOTORCYCLES IN OCT -- CO SEEING A STEADY IMPROVEMNET IN NIGERIA AND EXPORTS - CNBC TV18
BAJAJ AUTO: SEPTEMBER TOTAL SALES 469,531 UNITS VS 392,558 UNITS (YOY), EST 459200
M&M: (TRACTOR SALES) SEPTEMBER TOTAL SALES 44,256 UNITS VS 43,210 UNITS (YOY), EST 43,100
M&M: (AUTO SALES) SEPTEMBER TOTAL SALES 87,839 UNITS VS 75,604 UNITS (YOY), EST 75,500
CUMMINS: CO LAUNCHES RETROFIT AFTERTREATMENT SYSTEM, AN INNOVATIVE CLEAN AIR SOLUTION FOR CPCBII AND CPCBI GENSETS
EXIDE INDUSTRIES: CO TO CONSIDER Q2 RESULTS ON NOV 4
TUBE INVESTMENTS OF INDIA LTD: Rs. 22.65 Crores NSE Block Trade; for ~ 54394 Shares, at Rs. 4163.95
TATA MOTORS: TATA MOTORS- OWNED JLR TO SPEND USD 669M IN RETOOLING UK PLANT FOR ELECTRIC SUVS - MC
M&M: MAHINDRA LAUNCHES THAR ROXX 4×4 STARTING FROM RS 18.79 LAKH
CUMMINS: BOARD MEETING ON NOV 7 TO CONSIDER Q2 RESULTS
BOSCH: BOARD MEETING ON NOV 12 TO CONSIDER Q2 RESULTS
TATA MOTORS: CO LAUNCHES NEW NEXON VARIANTS; CNG MODEL STARTS AT RS 8.99 LAKH, EV AT RS 13.99 LAKH - MONEYCONTROL
TVS MOTOR: CO RONIN INTRODUCING PRICING FOR ITS BASE VARIANT, RANGE TO START AT 135,000 RUPEES
TUBE INVESTMENTS OF INDIA LTD: RS. 96.43 CRORES NSE BLOCK TRADE; FOR ~ 224360 SHARES, AT RS. 4298.00
M&M: CO CLARIFIES ON REPORTS OF STAKE PURCHASE IN VOLKSWAGEN’S INDIA UNIT -- CO SAYS MAHINDRA AND VW GROUP CONTINUE TO EXPLORE MULTIPLE OPPORTUNITIES TO EXPAND THE COLLABORATION POTENTIAL -- CO SAYS IN CASE THERE ARE ANY CONCRETE OUTCOMES WITH REGARD TO ANY OF THE AFOREMENTIONED DISCUSSIONS, APPROPRIATE DISCLOSURES WILL BE MADE IN A TIMELY MANNER
SAMVARDHANA MOTHERSON: CO SAYS THE PROCEEDS FROM THE ISSUANCE WILL BE MAINLY DIRECTED TOWARDS DEBT REPAYMENT
SAMVARDHANA MOTHERSON: CO CLOSES QIP WITH STRONG INVESTOR DEMAND, RAISED RUPEES 6437 CR
TVS MOTOR CO LTD: RS. 64.73 CRORES NSE BLOCK TRADE; FOR ~ 228414 SHARES, AT RS. 2833.70
TATA MOTORS: CO SIGNS MOU WITH ESAF SMALL FINANCE BANK FOR COMMERCIAL VEHICLE FINANCING
BALKRISHNA INDUSTRIES: CO SAYS HAS COMPLETED THE CAPEX FOR 30,000 MTPA OF HIGH VALUE OF ADVANCED CARBON MATERIAL AND COMMISSIONED THE PLANT
HERO MOTOCO: CO TO LAUNCH ELECTRIC SCOOTERS IN UK AND EUROPE - FT
MARUTI SUZUKI: CO PLANS 25,000 CHARGING POINTS AHEAD OF ITS FIRST EV LAUNCH - ET
TATA MOTORS: CO , TATA ELECTRONICS AND TEJAS NETWORKS SIGNED A MEMORANDUM OF UNDERSTANDING (MOU) WITH ADI TO ENHANCE STRATEGIC AND BUSINESS COOPERATION
TATA MOTORS: CO TAPS USED CAR MARKET TO BOOST ELECTRIC VEHICLE RESALE, EXCHANGE - BUSINESS STANDARD
MARUTI SUZUKI INDIA LTD: Rs. 32.35 Crores NSE Block Trade; for ~ 26461 Shares, at Rs. 12225.00
TATA MOTORS: CO. AND JAGUAR LAND ROVER (JLR) WILL NOW MANUFACTURE ELECTRIC VEHICLES IN INDIA FOR GLOBAL MARKETS, TATA SONS CHAIRMAN N CHANDRASEKARAN SAID IN A RECENT INTERVIEW - BS
TATA MOTORS: TML SECURITIES TRUST SOLD 11.5M NEW ORDINARY SHARES FOR DISTRIBUTION OF FRACTIONAL SHARE ENTITLEMENT
TATA MOTORS: RS 722.72CR NSE BLOCK TRADE; FOR ~7461852 SHARES, AT RS 968.55 (AT OPEN)
SAMVARDHANA MOTHERSON: CO LAUNCHES QIP TO RAISE UP RUPEES 6,398.6 CR, ISSUE PRICE RUPEES 186.3-193.79 PER SHARE -- CO TO ALSO RAISE RUPEES 2,250 CR VIA ISSUE OF CCDS
TVS MOTOR: CO SAYS SOLD ITS ENTIRE HOLDING IN TVS DIGITAL -- DEAL FOR 41.4M RUPEES
SAMVARDHANA MOTHERSON INTERNATIONAL: REE AUTOMOTIVE - AGREEMENT WITH MOTHERSON GROUP IN $45.35M REGISTERED DIRECT OFFERING LED BY M&G
TVS MOTOR: CO LAUNCHED THE 2024 EDITION OF APACHE RR 310, STARTING AT RUPEES 2.75 LAKH (EX-SHOWROOM)
TVS MOTOR COMPANY: CO LAUNCHES NEW TVS APACHE RR 310: CRAFTED FROM RECORD BREAKING RACE MACHINE, LAUNCHED WITH SEGMENT LEADING TECHNOLOGIES
M&M: CO LAUNCHES ALL-NEW VEERO IN <3.5T LCV SEGMENT, STARTING AT RUPEES 7.99 LAKH WITH RUPEES 900 CR INVESTMENT
MRF: DEALER CHECKS RECENT PRICE HIKES NOT RECEIVED WELL COMPANIES AGAIN OFFERING DISCOUNTS HEIGHTENED COMPETITIVE INTENSITY
APOLLO TYRES: DEALER CHECKS RECENT PRICE HIKES NOT RECEIVED WELL COMPANIES AGAIN OFFERING DISCOUNTS HEIGHTENED COMPETITIVE INTENSITY
SAMVARDHANA MOTHERSON: CO UNIT TO FORM JOINT VENTURE WITH HAMAKYOREX CO. LTD. FOR LOGISTICS OPERATIONS IN JAPAN
EXIDE INDUSTRIES: CO HAS INVESTED 1B RUPEES IN EQUITY SHARE CAPITAL OF EXIDE ENERGY SOLUTIONS -- ENTITY BEING ACQUIRED BELONGS TO MANUFACTURING BATTERY CELLS OF ADVANCED CHEMISTRY AND FORM FACTOR
SAMVARDHANA MOTHERSON: CO SAYS QIP WILL BE LAUNCHED NEXT WEEK , QIP WILL GENERATE AROUNG 8000CR - CNBC AWAAZ
TUBE INVESTMENTS OF INDIA LTD: RS. 72.30 CRORES NSE BLOCK TRADE; FOR ~ 178309 SHARES, AT RS. 4054.90
TUBE INVESTMENTS OF INDIA LTD: Rs. 38.42 Crores NSE Block Trade; for ~ 95310 Shares, at Rs. 4030.70
SAMVARDHANA MOTHERSON: CITI ON SAMVARDHANA MOTHERSON, SELL, TP RS 105, OPENED A 90 DAY NEGATIVE CATALYST WATCH ON SAMIL
SAMVARDHANA MOTHERSON: INVESTEC DOWNGRADES FROM BUY TO HOLD -- WEAKNESS IN EU (~36% OF CONSOL. REVENUES) TO WEIGH ON OVERALL PERFORMANCE
CUMMINS: IMPORTANT INITIATING COVERAGE REPORT FROM BNP PARIBAS WITH NEGATIVE BIAS -- INITIATE WITH UNDERPERFORM WITH A TP OF INR3,217, SEE *15% DOWNSIDE* FROM CURRENT LEVELS
CUMMINS INDIA LTD: Rs. 25.84 Crores NSE Block Trade; for ~ 67926 Shares, at Rs. 3804.25
TATA MOTORS: TATA POWER RENEWABLE ENERGY AND TATA MOTORS SIGN A MOU TO SET UP 200 FASTCHARGING STATIONS FOR ELECTRIC COMMERCIAL VEHICLES
BAJAJ AUTO LTD: RS. 92.47 CRORES NSE BLOCK TRADE; FOR ~ 80064 SHARES, AT RS. 11550.00
MARUTI SUZUKI: CO LAUNCHES THE EPIC NEW SWIFT S-CNG; MOST FUEL-EFFICIENT HATCHBACK IN ITS SEGMENT
ASHOK LEYLAND: CO UNIT SWITCH MOBILITY SEES CAGR GROWTH OF 45-50% IN NEXT FEW YEARS -NDTV PROFIT
ASHOK LEYLAND: CO CEO SAYS AFTER A FUND INFUSION OF RS 1,200 CRORE IN THE MAKER OF ELECTRIC BUSES IN INDIA AND THE UK, EVEN AS IT REMAINED OPEN TO EXTERNAL INVESTMENTS IN THE CO - MC
ASHOK LEYLAND: CO CEO SAYS CO WILL CONTINUE TO FUND SWITCH MOBILITY, CONSIDER INVESTORS AT RIGHT VALUATION LATER - MC
HERO MOTOCORP LTD: Rs. 41.58 Crores NSE Block Trade; for ~ 73504 Shares, at Rs. 5656.35
MAHINDRA & MAHINDRA LTD: Rs. 41.18 Crores NSE Block Trade; for ~ 152860 Shares, at Rs. 2693.85
BAJAJ AUTO LTD: RS. 56.79 CRORES NSE BLOCK TRADE; FOR ~ 51530 SHARES, AT RS. 11019.95
MARUTI SUZUKI: CO EYES SIGNIFICANT INCREASE IN EXPORTS BY 2030 -- CO TO EXPORT EVS TO EUROPE, JAPAN SOON - ECONOMIC TIMES
TATA MOTORS: INDIA CCI APPROVES THE PROPOSED MERGER OF TATA MOTORS FINANCE LTD WITH AND INTO TATA CAPITAL LTD
TATA MOTORS: TATA SONS CHAIRMAN SAYS TATA MOTORS ALWAYS OPEN FOR COLLABORATION WITH PARTNERS - ETNOW
MARUTI SUZUKI: CO CEO SAYS WILL INTRODUCE ALTERNATE POWERTRAIN TECHNOLOGIES LIKE HYDROGEN, HYBRIDS, BIOFUELS, TO MINIMIZE OIL CONSUMPTION, EMISSION VEHICLES
BOSCH LTD: RS. 155.61 CRORES NSE BLOCK TRADE; FOR ~ 46263 SHARES, AT RS. 33636.50
TATA MOTORS: CO SLASHES SUV PRICES BY UP TO ₹2 LAKH TO BOOST FESTIVE SALES - MINT
MARUTI SUZUKI: CO CEO SAYS NEED TO INVEST IN RESEARCH AND DEVELOPMENT, DEVELOP LOW COST LOCAL ECOSYSTEM FOR ELECTRONICS INDUSTRY
MARUTI SUZUKI: CO CEO SAYS INDIA IS EMERGING AS A GLOBAL HUB FOR AUTO COMPONENT SOURCING, INDUSTRY EXPORTS OVER 25% OF ITS PRODUCTION ANNUALLY -- CUSTOMERS ARE SEEKING FEATURE LOADED, TECHNOLOGY DRIVEN EXPERIENCES LEADING TO INCREASE IN THE ELECTRONICS WITHIN VEHICLES
MAHINDRA & MAHINDRA: MAHINDRA LAST MILE MOBILITY LIMITED, TO LAUNCH GAME-CHANGING ELECTRIC FOUR-WHEELER ‘E-ZEO’
EXIDE INDUSTRIES: YUNNAN ENERGY NEW MATERIAL SAYS YUNNANS UNIT BECOMES LITHIUM BATTERY ISOLATION FILM PRODUCT SUPPLIER FOR CO UNIT EXIDE ENERGY SOLUTIONS -- YUNNAN ENERGY NEW MATERIAL SAYS IT EXPECTS TRANSACTION AMOUNT TO BE UP TO 200M YUAN IN 2025
HERO MOTOCO: ATHER ENERGY PLANS TO FILE FOR RUPEES 4,000-CR IPO AT USD 2B VALUATION - ET
TATA MOTORS: AUGUST UK JLR SALES AT 2,618 UNITS VS 1,479 UNITS (YOY)
EXIDE INDUSTRIES: ROAD TRANSPORT AND HIGHWAYS MINISTER SAYS INDIA WILL BE LARGEST LITHIUM BATTERY EXPORTER WITHIN 5 YEARS
MARUTI: FITMENT COMMITTTEE RECOMMENDS HIKE IN GST ON CAR SEATS TO 28% FROM 18%, PROSPECTIVELY- CNBCTV18
MARUTI SUZUKI: CO SAYS AUG PRODUCTION AT 168,953 VS 165,402 (YOY)
MARUTI SUZUKI: CO REDUCES PRICES OF ALTO K10 VXI PETROL BY 6500 RUPEES AND S-PRESSO LXI PETROL BY RUPEES 2000
ASHOK LEYLAND: AUGUST TOTAL SALES 14,463 UNITS VS 15,576 UNITS (YOY), EST 14,550
BAJAJ AUTO: AUGUST TOTAL SALES 397,804 UNITS VS 341,648 UNITS (YOY), EST 377,100
M&M: (AUTO SALES) AUGUST TOTAL SALES 76,755 UNITS VS 70,350 UNITS (YOY), EST 67,700
MARUTI SUZUKI: AUGUST TOTAL SALES 181,782 UNITS VS 189,082 UNITS (YOY), EST 181,000
HERO MOTOCORP: AUGUST TOTAL SALES 512,360 UNITS VS 488,717 UNITS (YOY), EST 488,800
TATA MOTORS: AUGUST TOTAL SALES 71,693 UNITS VS 78,010 UNITS (YOY), EST 74,200
TVS MOTORS: AUGUST TOTAL SALES 391,588 UNITS VS 345,848 UNITS (YOY), EST 383,300
TVS MOTOR: CO LAUNCHED TVS RAIDER 125 IN SRI LANKA
MAHINDRA & MAHINDRA: CO AND SENTRYCS TEAM UP ON ANTI-DRONE SOLUTIONS
M&M: MAHINDRA & SKODA VW POISED FOR 50:50 EV JOINT VENTURE, FOCUS ON BATTERY-POWERED SUVS - ET
M&M: MAHINDRA PLANS $1.4B EV BUILDUP; MAHINDRA GROUP PLANS TO SPEND MORE THAN 120B RUPEES OVER THREE YEARS -- EXPECT 20 TO 30% OF MAHINDRA VEHICLES TO BE ELECTRIC IN THE NEXT THREE TO FOUR YEARS - NIKKEI
ASHOK LEYLAND: CO ANNOUNCES VOLUNTARY LIQUIDATION OF UNIT OHM INTERNATIONAL MOBILITY LTD, U.K
BAJAJ AUTO: RAJIV BAJAJ SAYS OVER 40000 CNG THREE WHEELERS SHOULD BE DISPATCHED NEXT MONTH - CNBC TV18
BAJAJ AUTO: RAJIV BAJAJ SAYS CO STANDS ON THE CUSP OF MONTHLY SALES OF 1 LAKH CLEAN ENERGY VEHICLES BY THIS FESTIVE SEASON - CNBCTV18
BAJAJ AUTO: RAJIV BAJAJ SAYS OVER 25% OF REVENUE IS COMING FROM CLEAN ENERGY VEHICLES - CNBC TV 18
TVS MOTORS: CO INTRODUCES THE ALL-NEW TVS JUPITER 110, SHOWCASING EXCEPTIONAL DESIGN, PERFORMANCE, COMFORT, AND CONVENIENCE FOR A SUPERIOR COMMUTING EXPERIENCE.
EICHER MOTORS LTD: RS. 50.39 CRORES NSE BLOCK TRADE; FOR ~ 102198 SHARES, AT RS. 4930.60
BAJAJ AUTO: CO MEETS MANDATORY 50% MINIMUM DOMESTIC VALUE ADDITION REQUIREMENT - NDTV PROFIT
BAJAJ AUTO: CO SAYS APPROVAL CAN BE POTENTIALLY BE FOR BOTH EV SCOOTER, BKIE AS WELL AS COMPONENTS - NDTV PROFIT
BAJAJ AUTO: CO RECEIVES APPROVAL FOR ALL 13 APPLICATIONS UNDER PLI SCHEMES -NDTV PROFIT
TATA MOTORS: CO SIGNS MOU WITH DELTA ELECTRONICS AND THUNDERPLUS SOLUTIONS -- ACCORD TO INSTALL 250 FAST-CHARGING STATIONS - STATEMENT
TATA MOTORS: CO RAISED TO INVESTMENT GRADE, OUTLOOK CHANGED TO STABLE FROM WATCH POSITIVE BY S&P GLOBAL -- JLR RAISED TO INVESTMENT GRADE, OUTLOOK CHANGED TO STABLE FROM WATCH POSITIVE
EXIDE INDUSTRIES: ENTITY BEING ACQUIRED BELONGS TO MANUFACTURING BATTERY CELLS OF ADVANCED CHEMISTRY AND FORM FACTOR, INCLUDING BUT NOT LIMITED TO CYLINDRICAL, POUCH, PRISMATIC, (THE "BATTERY CELLS"), AS WELL AS MANUFACTURING, ASSEMBLING, SELLING BATTERY MODULES, BATTERY PACKS AND OTHER RELATED ACTIVITIES THERETO
EXIDE INDUSTRIES: CO SAYS FURTHER INVESTMENT IN WHOLLY OWNED SUBSIDIARY THROUGH RIGHTS ISSUE -- CO SAYS INVESTED 750M RUPEES IN EXIDE ENERGY SOLUTIONS
TATA MOTORS: CO SETS SEPTEMBER 1 AS RECORD DATE FOR DETERMINING SHAREHOLDERS ELIGIBLE FOR DVR SHARE SWAP
BAJAJ AUTO: CO SAYS PROVISION ON ONE-TIME IMPACT WILL BE MADE IN Q2
BAJAJ AUTO: CO SAYS ON IMPACT OF CAPITAL GAINS RULE CHANGE; CO SAYS PROVISION OF 2.11B RUPEES ON CAPITAL GAINS CHANGE -- SAYS IMPACT OF ONE-TIME CHANGE ON PROVISION FOR TAX
HERO MOTOCORP: CO SAYS TO START BRAZIL OPS IN 4Q FY25
M&M: MAHINDRA THAR ROXX SUV LAUNCHED IN INDIA; PRICES START AT ₹ 12.99 LAKH
HERO MOTOCORP: CO WILL BE LAUNCHING NEW MODELS IN SCOOTERS IN NEXT 2 QTRS -- WILL BE EXPANDING EV PORTFOLIO INTO AFFORDABLE SEGMENT WITHIN THIS FISCAL; OPTIMISTIC ABOUT DEMAND TRAJECTORY FOR COMING QUARTERS
HERO MOTOCORP: Q1 EBITDA 14.6B RUPEES VS 12.07B (YOY); 15.76B EST -- Q1 EBITDA MARGIN 14.39% VS 13.77% (YOY); 14.8% EST
HERO MOTOCORP: Q1 SL NET PROFIT 11.2B RUPEES VS 8.24B (YOY); 12.01B EST - 10.2B (QOQ) -- Q1 REVENUE 101.4B RUPEES VS 87.67B (YOY); 105.7B EST
TVS MOTOR CO LTD: RS. 68.04 CRORES NSE BLOCK TRADE; FOR ~ 261698 SHARES, AT RS. 2600.00
SUNDRAM FASTENERS: RS 434.35CR NSE BLOCK TRADE; FOR ~3295500 SHARES, AT RS 1318 (PRE-OPEN)
TATA MOTORS LTD: RS. 77.70 CRORES NSE BLOCK TRADE; FOR ~ 721169 SHARES, AT RS. 1077.35
MAHINDRA & MAHINDRA: CO ISSUES CLARIFICATION ON REUTERS NEWS ARTICLE -- CO SAYS REUTERS ARTICLE ON CO SEEKING GOVT NOD TO SET UP JV WITH CHINAS SHAANXI IS "UNFOUNDED"
MAHINDRA & MAHINDRA: NEW JOINT VENTURE IS PROPOSED TO BE SET UP IN WESTERN INDIAN STATE OF GUJARAT-RTRS
MAHINDRA & MAHINDRA: CO PROPOSES TO OWN MAJORITY STAKE IN NEW ENTITY --- PROPOSAL HAS BEEN SENT TO GOVERNMENT FOR APPROVAL - RTRS
MAHINDRA & MAHINDRA: CO SEEKS APPROVAL FOR $3 BLN JV WITH CHINAS SHAANXI AUTOMOBILE GROUP-SOURCES - RTRS
EICHER MOTORS: Q1 EBITDA 11.8B RUPEES VS 10B (YOY) -- Q1 EBITDA MARGIN 27.87% VS 25.94% (YOY)
EICHER MOTORS: Q1 SL NET PROFIT 10.9B RUPEES VS 9B (YOY); 9.8B (QOQ) -- Q1 REVENUE 42B RUPEES VS 39B (YOY)
MRF: Q1 REVENUE 72B RUPEES VS 64.4B (YOY)
MRF: Q1 CONS NET PROFIT 5.7B RUPEES VS 5.8B (YOY)
MRF: Q1 EBITDA 11.59B RUPEES VS 11.29B (YOY) -- Q1 EBITDA MARGIN 16.11% VS 17.54% (YOY)
CUMMINS INDIA: CO BELIEVES CPCB IV PLUS IS A GAME CHANGER, FORCING THE MARKET TO INVEST IN TECHNOLOGY AND SERVICE/SUPPORT HIGHER-TECH PRODUCTS, WHICH IS A SWEET SPOT FOR THEM - CONCALL UPDATE
CUMMINS INDIA: CO HAS DEVELOPED A PRODUCT FOR THE ELECTRIFICATION CYCLE IN RAIL, WHICH IS NOW CERTIFIED, APPROVED, AND DOING TRIAL RUNS - CONCALL UPDATE
CUMMINS INDIA: CO DOES NOT EXPECT SIGNIFICANT IMPACT FROM PRICING -- CO HAS IMPLEMENTED PRICING INCREASES RANGING FROM 15% TO 25% - CONCALL UPDATE
CUMMINS INDIA: CO HAS VERY STRONG ORDER BOOKS FOR HEAVY DATA CENTER APPLICATIONS, WHICH ARE FULLY BOOKED AND SUPPLY-CHAIN CAPACITY CONSTRAINED - CONCALL UPDATE
CUMMINS INDIA: CO HAS BENEFITED FROM FAVORABLE COMMODITY PRICES, WHICH HAS CONTRIBUTED TO RECORD-LEVEL MATERIAL MARGINS - CONCALL UPDATE
CUMMINS INDIA: CO IS LOOKING TO CONTINUE DOUBLE-DIGIT GROWTH IN SALES OUTLOOK FOR FULL YEAR 2024 AND 2025, IN LINE WITH ITS AMBITION TO GROW AT 2 TIMES THE GDP, EXPECTED TO BE BETWEEN 13% TO 14% GROWTH - CONCALL UPDATE
BOSCH: CO HAS A PARTNERSHIP WITH HERO MOTOR CORPORATION LTD TO GROW LSFMH SENSORS -- THE KNOCK SENSOR, A NEW PRODUCT, IS EXPECTED TO HAVE ITS START OF PRODUCTION (SOP) IN APRIL 2025, WITH A TWO-YEAR FRONT-LOADING PROCESS - CONCALL UPDATE
BOSCH: CO PLANS TO FOCUS ON INNOVATIVE AND NEW PRODUCT LAUNCHES TAILORED TO ALL MARKET SEGMENTS IN THE POWER TOOLS BUSINESS -- CO HAS COMPONENTS GOING INTO MANY UPCOMING EV LAUNCHES, INCLUDING THE TATA MOTORS CURVV EV - CONCALL UPDATE
MARUTI SUZUKI: CO RECALLS 2,555 ALTO K10 VEHICLES OVER STEERING GEAR BOX ASSEMBLY DEFECT
MARUTI SUZUKI: CO HAS ANNOUNCED TO RECALL 2,555 ALTO K10 VEHICLES WHEREIN IT IS SUSPECTED THAT THERE IS A POSSIBLE DEFECT IN STEERING GEAR BOX ASSEMBLY (“PART”) -- CO SAYS THE SAID DEFECT, IN A RARE CASE, MAY AFFECT THE VEHICLE STEERABILITY
TATA MOTORS: CO LAUNCHES CURVV EV WITH STARTING PRICE AT RS 17.50 LAKH
TATA MOTORS: MOODYS RATINGS UPGRADES TATA MOTORS TO BA1; OUTLOOK REMAINS POSITIVE
APOLLO TYRES: Q1 EBITDA 9.1B RUPEES VS 10.51B (YOY) -- Q1 EBITDA MARGIN 14.35% VS 16.84% (YOY)
APOLLO TYRES: Q1 CONS NET PROFIT 3.02B RUPEES VS 3.97B (YOY); 3.5B (QOQ) -- Q1 REVENUE 63.3B RUPEES VS 62.44B (YOY)
TATA MOTORS: MOODYS RATINGS UPGRADES JLRS RATINGS TO BA2 FROM BA3 ON CONSISTENTLY STRONG EARNINGS; OUTLOOK REMAINS POSITIVE
CUMMINS: DEMAND FOR CPCB IV+ PRODUCTS IS INTACT DESPITE HIGHER PRICES - CNBC TV 18
CUMMINS INDIA: CO EXPECT DOUBLE-DIGIT REVENUE GROWTH IN FY25 - CONCALL UPDATE
CUMMINS INDIA: COS STRONG RESULT DRIVEN BY ROBUST DOMESTIC DEMAND, EXPORT DEMAND IS STABLE - CONCALL UPDATE
TVS MOTOR: CO IS LOOKING TO LAUNCH SIX NEW MODELS, WHICH WILL BE COMPLETELY NEW, WITH THE FIRST MODEL EXPECTED TO BE LAUNCHED BY THE END OF 2025 - CONCALL UPDATE
TVS MOTOR: CO HAS A WELL-PLANNED PRODUCT LINE-UP FOR ELECTRIC MOBILITY AND WILL LAUNCH NEW PRODUCTS SOON -- CO IS DESIGNING AND DEVELOPING PRODUCTS FOR E-MOBILITY, WITH INVESTMENTS FOCUSED ON ENGINEERING, DEVELOPMENT, PRODUCT, AND TECHNOLOGY - CONCALL UPDATE
TVS MOTOR: CO EXPECTS ROBUST GROWTH IN Q2 DUE TO THE EXPECTED NORMAL MONSOON AND IMPROVING ROAD INFRASTRUCTURE AND ECONOMIC ENVIRONMENT -- COS CAPEX PLAN FOR THE YEAR IS EXPECTED TO BE AROUND RS 1,000-1,100 CR -CONCALL UPDATE
BOSCH: Q1 EBITDA 5.2B RUPEES VS 4.68B (YOY) -- Q1 EBITDA MARGIN 12.04% VS 11.25% (YOY)
BOSCH: Q1 SL NET PROFIT 4.65B RUPEES VS 4.09B (YOY); 5.6B (QOQ) -- Q1 REVENUE 43.2B RUPEES VS 41.58B (YOY)
CUMMINS INDIA: Q1 EBITDA 4.68B RUPEES VS 3.4B (YOY); EST 4.66B -- Q1 EBITDA MARGIN 20.31% VS 15.4% (YOY); EST 19.2%
CUMMINS INDIA: Q1 SL NET PROFIT 4.2B RUPEES VS 3.15B (YOY); EST 4.24B - 5.6B (QOQ) -- Q1 REVENUE 23B RUPEES VS 22.1B (YOY); EST 24.22B
CUMMINS INDIA: CO SAYS ASHWATH RAM RESIGNS AS MD -- CO APPOINTS SHVETA ARYA AS MD (DESIGNATE)
TVS MOTOR: CO EXEC SAYS SEEING SOME CHALLENGES IN BANGLADESH -- CO EXEC SAYS NOT RECOGNISED PLI INCENTIVE IN Q1
TVS MOTOR: CO EXEC SAYS PLANNING TO LAUNCH SIX NEW MODELS OVER NEXT THREE YEARS -- CO EXEC SAYS EXPECTING RURAL MARKET TO RECOVER IN Q2
HERO MOTOCORP: BANGLADESH CRISES, CO. HAS A SIGNIFICANT MANUFACTURING UNIT IN JESSORE, BANGLADESH
TVS MOTOR: Q1 EBITDA 9.60B RUPEES VS 7.64B (YOY); EST 9.68B -- Q1 EBITDA MARGIN 11.46% VS 10.58% (YOY); EST 11.5%
TVS MOTOR: Q1 REVENUE 83.8B RUPEES VS 72B (YOY); EST 83.65B
TVS MOTOR: Q1 SL NET PROFIT 5.8B RUPEES VS 4.7B (YOY); EST 5.74B
TATA MOTORS: JULY UK JLR SALES AT 6,121 UNITS VS 5,516 UNITS (YOY)
M&M: CO SAYS EXECUTION OF JV BETWEEN UNIT CLASSIC LEGENDS PVT LTD, TUBE INVESTMENTS OF INDIA IN THE RATIO OF 50:50 FOR THE PURPOSES OF USING THE BSA MARKS IN INDIA FOR MOTORCYCLES, ITS PARTS AND ACCESSORIES TO BE MANUFACTURED AND SOLD BY CLPL
EICHER MOTORS: CO SAYS APPEAL FILED BY THE CO AGAINST THE GST DEMAND ORDER, THE DEMAND ORDER IS NOW REVISED FROM RS 129.79 CRORES TO AN AGGREGATE AMOUNT OF RS 26.97 CRORES
CUMMINS INDIA: DECLINE OF 10% THAT CUMMINS INC MENTIONED IS FOR ALL ENTITIES COMBINED, NOT ONLY CUMMINS INDIA - CNBCTV18
CUMMINS INDIA: CUMMINS PLC HAS HAS 7 ENTITIES IN INDIA, INCLUDING 3 JVS OUT OF WHICH ONLY CUMMINS INDIA IS LISTED - CNBC TV18
TATA MOTORS: CURVV EV, COS FIRST EV-FIRST NAMEPLATE, IS EXPECTED TO LAUNCH ON AUGUST 7TH AND BRING IN A NEW SET OF CUSTOMERS LOOKING FOR A BIGGER EV WITH A HIGHER DRIVING RANGE - CONCALL UPDATE
TATA MOTORS: CO IN INVESTOR PRESENTATION SAYS WE ARE LIKELY TO WITNESS CONSTRAINED PRODUCTION IN Q2 AND Q3 REFLECTING THE ANNUAL SUMMER PLANT SHUTDOWN AND FLOODS AT A KEY ALUMINUM SUPPLIER -- AS WE WORK TOWARDS MITIGATION AND RECOVERY, WE WILL HOLD OUR GUIDANCE ON OUR KEY FULL YEAR FINANCIAL DELIVERABLES OF >8.5% EBIT AND ACHIEVING NET CASH
TATA MOTORS: THERE ARE NEW UPCOMING LAUNCHES PLANNED TO DRIVE CUSTOMER EXCITEMENT AND IMPROVE FOOTFALLS IN SHOWROOMS -- CO IS PLANNING TO LAUNCH NEW PRODUCTS, WHICH ARE EXPECTED TO CONTRIBUTE TO A STRONG RECOVERY IN SALES -CONCALL UPDATE
TATA MOTORS: CO REITERATED ITS FULL-YEAR GUIDANCE OF GREATER THAN 8.5% EBIT, WHICH IS CONSISTENT WITH THE CURRENT QUARTERS EBIT OF 8.9% - CONCALL UPDATE
HERO MOTOCORP: JULY TOTAL SALES 370,274 UNITS VS 391,310 UNITS (YOY); EST 400,400
EICHER MOTORS: (MOTORCYCLE) JULY TOTAL SALES 67,265 UNITS VS 73,117 UNITS (YOY); EST 71,500
EICHER MOTORS: CO TO CONSIDER Q1 RESULT ON AUG 8
TATA MOTORS: CO EXEC SAYS HYBRID IS NOT THE TECHNOLOGY OF THE FUTURE -- CO EXEC SAYS NO REASON FOR HYBRIDS TO GET INCENTIVES FROM THE GOVERNMENT
TATA MOTORS: CO EXEC SAYS COUPLE PROCESSES RELATED TO DEMERGER EXPECTED TO TAKE 15 MONTHS TO CONCLUDE -- CO EXEC SAYS WE SEE HYBRIDS AS AN OLD-SCHOOL TRANSITION TECHNOLOGY
TATA MOTORS: CO EXEC SAYS JLR PRODUCTION LIKELY TO BE CONSTRAINED IN Q2 AND Q3 -- CO EXEC SAYS APPROVED SCHEME OF DEMERGER OF TATA MOTORS INTO TWO LISTED COMPANIES
EICHER MOTORS: (CV) JULY TOTAL SALES 6,622 UNITS VS 5,877 UNITS (YOY); EST 7,330
MARUTI SUZUKI: JULY TOTAL SALES 1,75,041 UNITS VS 1,81,630 UNITS (YOY); EST 1,78,600
TATA MOTORS: CO SAYS DEMERGER OF CV BUSINESS CAN TAKE AROUND 12-15 MONTHS TO COMPLETE
TATA MOTORS: CO SAYS DEMERGER OF CV BUSINESS UNDERTAKING OF TATA MOTORS INTO SEPARATE LISTED COMPANY -- SHARE ENTITLEMENT RATIO WILL BE 1:1
TATA MOTORS: CO SAYS DEMERGER OF COMPANYS COMMERCIAL VEHICLES BUSINESS FROM TML TO TMLCV -- MERGER OF TMPV UNDERTAKING PASSENGER VEHICLES BUSINESS WITH TML
TATA MOTORS: JLR INCREASES INVESTMENT FROM £15 BILLION TO £18 BILLION OVER FIVE YEARS
TATA MOTORS: CO SAYS GLOBAL DEMAND IS LIKELY TO REMAIN MUTED -- EXPECT GRADUAL IMPROVEMENT IN DOMESTIC DEMAND DURING REST OF YEAR -- EXPECT TO PICK-UP PV DEMAND DURING FESTIVE PERIOD
TATA MOTORS: JLR LIKELY TO WITNESS CONSTRAINED PRODUCTION IN Q2 AND Q3 -- JLR CONSTRAINED PRODUCTION DUE TO ANNUAL SUMMER PLANT SHUTDOWN
TATA MOTORS: CO HAS AN EXCEPTIONAL ITEM OF LOSS 430M RUPEES -- Q1 PBT 86.98B RUPEES VS 53.30B (YOY)
TATA MOTORS: Q1 EBITDA 157.85B RUPEES VS 132.17B (YOY) -- Q1 EBITDA MARGIN 14.61% VS 12.93% (YOY)
TATA MOTORS: Q1 REVENUE 1.08T RUPEES VS 1.02T (YOY); 1.19T (QOQ)
TATA MOTORS: Q1 CONS NET PROFIT 55.66B RUPEES VS 32.03B (YOY); 174.07B (QOQ)
TVS MOTOR: COS EV SALES REGISTERED A GROWTH OF 61% WITH SALES INCREASING FROM 13,306 UNITS IN JULY 2023 TO 21,442 UNITS IN JULY 2024
TVS MOTOR: JULY TOTAL SALES 354,140 UNITS VS 325,977 UNITS (YOY); EST 357,060
TUBE INVESTMENTS OF INDIA: Q1 CONS NET PROFIT 2.25B RUPEES VS 2.14B (YOY) -- Q1 REVENUE 44B RUPEES VS 37.7B (YOY)
TUBE INVESTMENTS OF INDIA: Q1 EBITDA 5.28B RUPEES VS 4.66B (YOY) -- Q1 EBITDA MARGIN 11.54% VS 11.98% (YOY)
M&M TRACTOR SALES: JULY TOTAL SALES 27,209 UNITS VS 25,175 UNITS (YOY); EST 26,600
M&M AUTO SALES: JULY TOTAL SALES 66,444 UNITS VS 66,000 UNITS (YOY); EST 71,600
ASHOK LEYLAND: JULY TOTAL SALES 13,928 UNITS VS 15,068 UNITS (YOY); EST 15,050
TVS MOTOR CO LTD: RS. 88.63 CRORES NSE BLOCK TRADE; FOR ~ 342274 SHARES, AT RS. 2589.35
HERO MOTOCORP: CO EXPANDS ITS GLOBAL PRESENCE ENTERS SOUTHEAST-ASIAN GEOGRAPHY WITH THE COMMENCEMENT OF OPERATIONS IN THE PHILIPPINES
TATA MOTORS: JULY TOTAL SALES 71,996 UNITS VS 80,633 UNITS (YOY); EST 75,400
BAJAJ AUTO: JULY TOTAL SALES 354,169 UNITS VS 319,747 UNITS (YOY); EST 350,100
MARUTI SUZUKI: CO HAS A TOTAL OF SIX EV MODELS LINED UP FOR LAUNCH UNTIL 2031 -- CO PLANS TO LAUNCH ONE EV MODEL EVERY YEAR - CONCALL UPDATE
M&M: CO IS RAMPING UP PRODUCTION OF 3XO, WHICH IS EXPECTED TO DRIVE GROWTH -- CO PLANS TO LAUNCH PRODUCTS IN 2027, AND THE VALUATION CONVERSION IS PREDETERMINED BASED ON CERTAIN MILESTONES IN THAT YEAR - CONCALL UPDATE
SUNDRAM FASTENERS: Q1 EBITDA 2.48B RUPEES VS 2.26B (YOY) -- Q1 EBITDA MARGIN 16.56% VS 16.05% (YOY)
SUNDRAM FASTENERS: Q1 CONS NET PROFIT 1.4B RUPEES VS 1.28B (YOY); 1.3B (QOQ) -- Q1 REVENUE 14.97B RUPEES VS 14.11B (YOY)
MARUTI SUZUKI: CO EXEC SAYS UPWARD TREND IN SUV DEMAND MAY CONTINUE FOR A WHILE
MARUTI SUZUKI: CO EXEC SAYS LATIN AMERICA AND MIDDLE EAST HAVE SHOWN GOOD GROWTH -- CO EXEC SAYS WE BELIEVE 300,000 EXPORT UNIT SALES FOR THE FULL YEAR IS ACHIEVABLE
MARUTI SUZUKI: CO EXEC SAYS CAPACITY UTILISATION IS AT AROUND 85% -- CO EXEC SAYS AT QUARTER-END OUR INVENTORY WAS AT 37 DAYS
MARUTI SUZUKI INDIA: Q1 EBITDA 45.02B RUPEES VS 29.83B (YOY); EST 39.86B -- Q1 EBITDA MARGIN 12.67% VS 9.23% (YOY); EST 11.4%
MARUTI SUZUKI INDIA: Q1 REVENUE 355B RUPEES VS 323.33B (YOY); EST 345.65B
MARUTI SUZUKI INDIA: Q1 SL NET PROFIT 36.5B RUPEES VS 24.85B (YOY); EST 32.72B
MAHINDRA & MAHINDRA: CO SAYS OVERALL SUV F26 EXIT CAPACITY AT 72,000 UNITS -- SEE ADDITIONAL 8,000 EV CAPACITY BY F26 END
MAHINDRA & MAHINDRA: CO MD SAYS IN Q1 F25, WE GAINED MARKET SHARE IN BOTH AUTO & FARM BUSINESSES. WE ACHIEVED HIGHEST EVER QUARTERLY TRACTOR VOLUMES AND ALSO IMPROVED OUR CORE TRACTORS PBIT MARGIN BY 110 BPS YOY
MAHINDRA & MAHINDRA: Q1 EBITDA 41.16B RUPEES VS 35.47B (YOY); EST 38.68B -- Q1 EBITDA MARGIN 15.17% VS 14.75% (YOY); EST 13.8%
MAHINDRA & MAHINDRA: Q1 REVENUE 271B RUPEES VS 241B (YOY); EST 279.77B
MAHINDRA & MAHINDRA: Q1 SL NET PROFIT 26.1B RUPEES VS 27.73B (YOY); EST 26.83B
TVS MOTOR CO LTD: RS. 75.38 CRORES NSE BLOCK TRADE; FOR ~ 296877 SHARES, AT RS. 2539.25
EXIDE INDUSTRIES: CO INVESTED A TOTAL OF RS. 2,577.24 CRORE IN ITS WHOLLY OWNED SUBSIDIARY, EXIDE ENERGY SOLUTIONS LIMITED, INCLUDING RS. 200 CRORE IN Q1 AND RS. 75 CRORE IN JULY 2024.
EXIDE INDUSTRIES: Q1 REVENUE 43B RUPEES VS 40.7B (YOY)
EXIDE INDUSTRIES: Q1 EBITDA 4.94B RUPEES VS 4.3B (YOY) -- Q1 EBITDA MARGIN 11.46% VS 10.60% (YOY)
EXIDE INDUSTRIES: Q1 SL NET PROFIT 2.8B RUPEES VS 2.4B (YOY)
TUBE INVESTMENTS OF INDIA LTD: RS. 90.29 CRORES NSE BLOCK TRADE; FOR ~ 215233 SHARES, AT RS. 4195.05
TUBE INVESTMENTS OF INDIA LTD: RS. 83.40 CRORES NSE BLOCK TRADE; FOR ~ 199975 SHARES, AT RS. 4170.30
ASHOK LEYLAND: CO IS ALSO WORKING ON BATTERY ELECTRIC VEHICLES AND ALTERNATIVE FUEL VEHICLES IN BOTH MHCV AND LCV SEGMENTS TO PUSH THE OVERALL DECARBONIZATION AGENDA - CONCALL UPDATE
ASHOK LEYLAND: CO EXPECTS HEALTHY GROWTH IN ITS BUSINESS ON A FULL-YEAR BASIS -- CO EXPECTS TO DO BETTER ON THE MARGIN FRONT, DRIVEN BY OPERATING LEVERAGE AND COST SAVINGS - CONCALL UPDATE
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