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Mahindra & Mahindra shares slip nearly 2% after Q1 results. Should you buy, sell or hold?Mahindra & Mahindra shares: The company reported revenue of Rs 45,436 crore for the quarter, marking a 23% increase compared to Rs 37,010 c...- Jupiter Electric Mobility expects Rs 100 cr revenue from electric light CV biz in 1st yearJupiter Electric Mobility aims to reach a Rs 100 crore topline in the first year of its electric light commercial vehicle business. The com...
- Tolins Tyres IPO opens for subscription. Should you apply?Tolins Tyres IPO: Tolins Tyres' IPO is open for subscription from September 9 to 11, with a price band of Rs 215-226 per share. The company...
- Jupiter Wagons shares zoom 10% to fresh high, target price raised to Rs 535Jupiter Wagons shares surged up to 10% to a new 52-week high of Rs 448.85, buoyed by robust Q4 results with revenue, EBITDA, and PAT soarin...
- Happy Forging, Hero MotoCorp is among top 2 stocks in auto space which could give 19-21% returnFeb’24 dispatches exceeded expectations for all segments, except tractors. PV wholesales grew 17% YoY, led by healthy demand in UVs. 2W dom...
- Fundamental Radar: M&M up 180% in 3 years! A proxy play on rural recovery; time to buy?It has been a market leader in the tractor segment. While the growth in the tractor industry is expected to moderate due to high base. “We ...
- Commercial vehicle industry volumes to see 7-10 pc growth in FY24: IcraIcra noted that the growth trends were visible in third quarter of the current fiscal, with wholesale dispatches reporting a growth of 16 p...
- Buy Ramkrishna Forgings, target price Rs 247: HDFC SecuritiesFor the quarter ended June 30, 2022, the company has reported a consolidated total income of Rs 699.95 crore, down 2.61 peer cent from last...
- Ashok Leyland to roll out their electric LCVs within six months: Dheeraj HindujaThe e-commerce boom post-Covid, the changes in purchasing habits and demand from the agricultural sector have resulted in an increase in la...
- Ashok Leyland expects commercial vehicle industry to grow at fast pace in coming quarters"I believe so because the pandemic and some of the uncertainties that were there globally are now all behind us. There is no reason why the...
- Ashok Leyland's arm Switch Mobility to invest Rs 1,000 crore in electric vehicle plantThe plan is to set up 30,000 units of E-LCV capacity and 10,000 units electric buses that will help Ashok Leyland to cater to rising demand...
- Battrixx aims to have strong presence in electric 2-, 3-wheeler segmentsBattrixx, which is the battery division of Kabra ExtrusionTechnik, late last year had announced it will raise up to Rs 301 crore for the ex...
- Omega Seiki Mobility invests $200-300 mn in electric light commercial businessMumbai, Anglian Omega Group's EV arm Omega Seiki Mobility (OSM) is investing USD 200-300 million in the electric light commercial business ...
- Three ex-ISRO employees go from propelling rockets/satellites to propelling E-LCVs"We have developed out electric vehicle technology and have a small assembly unit in Bengaluru. We buy pre-owned LCV shells (chassis and ca...
- 3 reasons why this midcap auto stock may enter the fast laneThe CV segment has been reporting a gradual turnaround following rising freight volume and improving profitability of the fleet operators.
- Excess truck fleet capacity to extend medium and heavy truck segment recovery cycle: India RatingsThe rating agency says while medium & heavy commercial vehicle (MHCV) sales are unlikely to recover before fourth quarter of next financial...
- Buy Apollo Tyres, target Rs 232: Elara Capital"We reiterate Buy with a target price of Rs 232 on 11 times FY21E P/E," said Elara Capital.
- Ashok Leyland opens electric vehicle facility at EnnoreDesign, prototyping, testing, and solutions design can be carried out at the commercial vehicle major's first integrated facility.
- Buy Ashok Leyland Ltd. target Rs 105 : SharekhanBuy Ashok Leyland Ltd. for a price target of Rs 105
- Expect all segments in CV industry to be positive by last quarter: Ravi Pisharody, Tata Motors'The HCV in the April-June quarter was just about single digit up, and for the last two-three months we are seeing 15% to 20% growth,' says...
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