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COVID IMPACT ON MARUTI
Maruti Suzuki rolls out WFH, bans non-critical foreign travel in line with PM Modi's austerity callMaruti Suzuki India Ltd is adopting austerity and efficiency measures. These steps aim to conserve fuel and reduce foreign exchange expendi...- ET Prime Special Series: Multibagger or Bankrupt - Part 54: Will manufacturing capability help this firm move into defence space?The auto ancillary sector is being forced to answer a difficult question: When technology changes, which suppliers remain relevant and whic...
- Will Covid resurgence impact Indian stocks in 2023? Here's a two-face analysisRising Covid cases in China and the chances of new BF.7 Omicron sub-variant's rapid spread in India have left a section of investors a worr...
- Should you buy, sell or hold Maruti Suzuki after Q1 results?Mitul Shah, Head of Research, Reliance Securities expects the domestic PV industry to record double-digit volume growth in FY23 and FY24, w...
- Maruti Suzuki Q1 Results: Profit more than doubles to Rs 1,013 crore; revenue jumps 51%Revenue for the quarter rose 50.52 per cent YoY to Rs 25,286.30 crore compared with Rs 16,798.70 crore in the corresponding quarter last ye...
- Auto, consumer companies boost imports on supply fearsChina's Covid cases have again spiralled with newer restrictions thanks to Beijing's zero Covid policy in six cities affecting some 30 mill...
- Inflation: Small car buyers may defer purchase, affluent people won't have problems, says Maruti head Bhargava“I will not be surprised if inflation has an impact on buyers on margins who can just about afford to buy a car with their disposable incom...
- Parts supply still the weakest link in India's production chainAccording to industry estimates, automobile and electronics companies could not manufacture about 5-10% of their planned output in April, a...
- Maruti Suzuki to make Sonipat unit its largest production base in IndiaThe company has three assembly lines each operational at its facilities in Gurugram and Manesar, with combined production capacity of aroun...
- Semiconductor shortage temporary, expected to be over by 2022, says Maruti Chairman BhargavaDuring the virtual meet, the Chairman talked of Maruti's electric vehicle ambitions, reiterating that the country's largest carmaker will e...
- Maruti Q1 results disappointing; what should you do?In the medium term, as technology transitions towards hybrids and electric cars, Maruti will hopefully benefit because of its collaboration...
- Curfews and lockdowns will hurt a lot of people: RC Bhargava, MarutiI don’t think curfews and lockdowns are the right solutions to deal with Covid pandemic, says RC Bhargava, Maruti Suzuki
- Maruti Suzuki Q1 results: Firm posts Rs 249 crore loss, still beats estimatesSales for India’s top car maker plunged to Rs 3,677.5 crore, from Rs 18,735.2 crore a year ago.
- Lockdowns eased, top car makers ramp up production to meet rising demandLast week, Maruti Suzuki added a second shift at both Gurgaon and Manesar plants, while Hyundai, which was already operating two shifts to ...
- Maruti and Hyundai aim 2020 output at 70% of 2019Maruti Suzuki hopes to sell 1 million units in 2020 and is even hoping to take output to as much as 90% for the financial year ending March...
- COVID-19: Maruti rolls out standard operating procedures for service centresThe SOPs adhere to all the advisories and guidelines stipulated by the state and central governments, and are devised to ensure safety and ...
- Maruti Suzuki reports zero sales in April due to lockdownLockdown has caused the closure of auto dealerships and plants across the country.
- Buy Maruti Suzuki, target price Rs 5,500: JefferiesFY21, especially the first half, is likely to be tough, but double-digit EPS CAGR is foreseen in FY22-23.
- Despite outbreak, sales of BS-VI vehicles cross over 1 millionAuto majors have placed more than a million BS-VI passenger vehicles on Indian roads despite the Covid-19 pandemic playing spoilsport. Whil...
- Covid-19 impact: Manufacturing grinds to a halt in key sectorsAutomakers, smartphone makers, consumer electronic firms, appliance majors and many others have ordered shutdowns till month-end. While som...
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