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AUTO SALES SLOWDOWN
Nifty’s hidden discount sale: 54% of top Indian stocks are cheaper now than in 2023. Is it time to buy?Over half of India's top Nifty50 stocks are now trading at lower forward P/E multiples than in 2023, indicating a significant valuation cor...- Indian retail auto sales rise 9.6% in May; dealers see monsoon-driven demand aheadIndian auto retail sales grew 9.6 percent in May, overcoming heat and fuel price concerns. Passenger vehicles led the surge, with rural mar...
- IT needs selectivity, not blind bargain hunting; Energy, defence and healthcare offer better opportunities: Gurmeet ChadhaMarket expert Gurmeet Chadha advises investors to be selective in the IT sector, despite attractive valuations, focusing on stock-specific ...
- Nifty at 25,900 by March 2027? Nomura cites key catalysts to watch out forIndian stocks have seen a sharp fall. Nomura predicts the Nifty will climb almost 11% to reach 25,900 by March 2027. This optimism stems fr...
- Tech jobs go cold; Chip startups shift gearIndia’s tech hiring has fallen to its lowest level in more than two years. This and more in today's ETtech Top 5.
- Fuel price hikes may impact auto demand; too early to revise FY27 outlook: TMPV MD & CEOFuel price hikes are a concern for the auto industry. Tata Motors Passenger Vehicles MD & CEO Shailesh Chandra says it is too early to asse...
- Ola Electric Q4 loss narrows 42.5% to Rs 500 crore, CEO Aggarwal bets on volume recoveryThe Bhavish Aggarwal-led company’s revenue from operations during the quarter declined 56.6% year-on-year (YoY) to Rs 265 crore from Rs 611...
- These large-caps have ‘strong buy’ & ‘buy’ recos and an upside potential of up to 25%Here’s a thing investors in equity need to keep in mind. A large part of the upmove one might see in the next one or two trading sessions w...
- Ola Electric infuses Rs 2000 crore in EV and cell manufacturingOla Electric Mobility has approved a Rs 2,000 crore investment into its EV and battery manufacturing subsidiaries to boost localisation and...
- Wealth creation is also about ignoring noise on the street: 15 mid- and small-cap stocks from different sectors which fit the billIn the April 2022-September 2024 bull market, every management appeared capable. Margins expanded, working capital looked manageable, capit...
- West Asia war hits motorcycle demand, specially in entry segment: Bajaj AutoThe West Asia conflict is softening demand for entry-level motorcycles in India. Bajaj Auto sees a significant slowdown from over 20 percen...
- Inflation risk more persistent than growth shock, says Tanvee Gupta Jain amid oil price surgeGeopolitical tensions in West Asia are impacting India's economy, leading UBS Securities to lower its GDP growth forecast to 6.2% and revis...
- Two-wheeler EV sales drop in April after March peak; Ola Electric's market share improvesIndia's electric two-wheeler market experienced a significant 22% dip in April registrations, falling to 1.48 lakh units after a March peak...
- India's LPG demand softens, bookings fall to 46-50 lakh, supply remains normal: GovtLPG demand is expected to moderate during the summer season, with bookings already witnessing a decline, said Sujata Sharma, Joint Secretar...
- Bajaj Auto reports 31% drop in June salesDomestic sales declined by 34 per cent at 1,51,189 units last month as compared to 2,29,225 units in June 2019, Bajaj Auto said in a regula...
- Bajaj Auto total sales down 3 percent in DecemberThe firm had sold a total of 3,46,199 units in December 2018, Bajaj Auto said in a statement. Total domestic sales were down 15 per cent at...
- Escorts tractor sales up 2.2% at 10,855 units in SeptemberThe company had sold a total of 10,617 units in the same month last year, Escorts Ltd said in a regulatory filing.
- Skoda plans 5 launches in India next yearThese include three product refreshes and a couple of new product launches through the import route.
- Bajaj Auto sales down 11 percent at 3,90,026 units in AugustDomestic sales in August this year stood at 2,08,109 units as against 2,55,631 units, down 19 per cent, Bajaj Auto said in a regulatory fil...
- July auto slump worst in 20 yearsAt current monthly sales, FY20 passenger vehicle sales may fall to around FY15 levels
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