Utility vehicles' share in new car sales expected to be on upward trajectory: Fitch RatingsFitch said that UV's volume share in overall car sales increased to 49 per cent in the previous fiscal, up from 28 per cent in the year-ago...
Buy Maruti Suzuki, target price Rs 6,230: Emkay GlobalThe brokerage has reduced earnings estimates by 36%/23% for FY21E/F22E to factor in near-term volume pressures.
Maruti Suzuki's Q3 results fail to cheer D-Street analysts; here's whyCredit Suisse has maintained neutral on Maruti Suzuki with a target of Rs 6,400.
Mahindra & Mahindra Q1 results today; what to look forMotilal Oswal Securities sees profit after tax (PAT) to increase 59.3 per cent YoY to Rs 1,220 crore.
Utility vehicles: Little gas beyond Maruti and HyundaiMost automakers are consolidating their portfolio, as they realise that the market has already picked the winners.
- Buy Mahindra & Mahindra Ltd. target Rs 1525: Sharekhan
Buy Mahindra & Mahindra Ltd. at a price target of Rs 1525.
Better farm pricing, rural recovery to power Mahindra & MahindraThe stock is trading at 13 times its FY18 projected earnings for the core automotive business, a valuation that compares with the sector av...
Investors may shift to Maruti Suzuki from M&M for rural playThe price-earnings (P/E) discount of M&M as compared to Maruti Suzuki has dropped to less than 10 per cent.
Fund houses pick Mahindra & Mahindra as a contrarian betFund houses have gradually raised their exposure to the stock as it appears to be among the best contrarian bets in the auto space this yea...
Mahindra & Mahindra plans utility vehicle blitz in New Year to win market shareM&M which predominantly makes diesel vehicles, was one of the worst hit by this change in customer preference.
It may pay to cash in on volume recovery & exitInvestors can cash in on any recovery in volumes by moving into other frontline stocks such as Maruti Suzuki or Hero MotoCorp.
Growth in agricultural output offers hope for Mahindra & Mahindra, but new vehicle launches remain essentialConsidering that utility vehicle (UV) launch is expected this year, a large part of earnings growth next year hinges on tractor volume grow...
M&M and Maruti look attractive in auto sector: Manish SonthaliaMaruti has some more way to go and closer to around odd Rs 2000 looks like a reasonable price for Maruti.
Brokerages raise M&M target price to above Rs 1,000 post Q2 resultsMahindra & Mahindra reported 9.7 per cent increase in its standalone net profit to Rs 989.50 crore for the quarter ended September 30.
- Brokers’ Call: Barclays overweight on M&M
Barclays has reiterated its ‘Overweight’ rating on Mahindra and Mahindra with a target price of Rs 1,049.
Hike in diesel price beyond Rs 5/litre may hurt vehicle demand: Pawan Goenka, M&MIn an interview with ET Now, Pawan Goenka, President-Automotive Sector, M&M talks about the likely impact of a diesel hike on the sale of u...
- Analyst's Pick: LARGE CAP: Anand Rathi Financial Services
We are optimistic about M&M’s volume growth in the rest of FY10 and expect residual growth of 11 per cent in tractors and 20 per cent in UV...