​Volume Shocker: MFs lap up over 1 crore share of these 6 stocks in April 2024 – MF Watch

May 17, 2024, 02:47:41 PM IST ​In its recent analysis of mutual funds, ETMarkets has identified stocks that witnessed a significant increase in the number of shares held by mutual funds in the month of April compared to from March. Nearly 34 stocks saw a rise of more than 1 crore shares in April. To … Read more

Ajanta Pharma among top 10 midcap, smallcap high-conviction stock ideas for May – Stock Tips

May 07, 2024, 10:23:44 AM IST While Nifty and Sensex have been striking new highs for the past few months now, the midcap and smallcap index are also rising at a fast pace. BSE midcap index has jumped 13.7% YTD while the BSE smallcap index has risen nearly 9% this year alone. InCred equities has … Read more

Ashok Leyland plans flurry of launches to boost light trucks market share

Chennai: Ashok Leyland, the Hinduja Group flagship, will roll out six new light commercial vehicles (2-3.5 tonne) in the next 12 months as part of a plan to increase its LCV market share to 25% from 20% now, a top official said. “This year, we have six versions of the Dost lined up. We will … Read more

Nifty: A hold above 22,222 can take Nifty towards 22,775: Analysts

Technical indicators, declining volatility, and a stable Put-Call Ratio imply a consolidation phase in the market, according to analysts. They suggest that if the Nifty maintains levels above 22,222, a new upward movement could drive it towards 22,775. Stocks like Escorts, Ashok Leyland, BHEL, Canara Bank, Coal India, IRCTC, Dixon, Exide Industries, Havells, and IDFC … Read more

Lok Sabha election begins: How Nifty may behave before results and which stocks to buy?

As polling for the seven-phase-long Lok Sabha election began from today, Dalal Street’s 9 crore investors would be closely tracking the mood of 96.8 crore voters spread across India. Ahead of the voting for the first phase, Sensex has given up almost all of its gains made in 2024 after rewarding investors with a 20% … Read more

Energy, auto companies bet big on LNG trucks

Improved road infrastructure and attractive pricing of liquefied natural gas is catalysing energy companies and auto majors to gear up to serve the long-haul LNG trucking segment. To cater to these medium and heavy commercial vehicles, oil marketing companies are planning to expand the compressed natural gas dispensing infrastructure in their fuel retail outlets to … Read more

Ashok Leyland posts 7% dip in sales in March

Hinduja Group flagship company Ashok Leyland has reported a seven per cent decline in its vehicle sales made in March at 21,317 units. The city-headquartered heavy commercial vehicle maker had sold 22,885 units during the same month of last year. Ashok Leyland had sold 14,517 units of medium and heavy commercial vehicles in March 2024 … Read more

No petrol, diesel vehicles in India: Gadkari vows to eliminate fuel cars

As part of his ambition to make India a green economy, Union minister Nitin Gadkari wants to slash GST on hybrid vehicles and has vowed to rid the country entirely of the over 36 crore petrol and diesel vehicles. “One hundred per cent,” Gadkari, the Union Minister for Road Transport and Highways, said when asked … Read more

Ashok Leyland, Minus Zero partner to deploy autonomous trucking solutions

CHENNAI: Hinduja Group flagship company Ashok Leyland on Tuesday said it has signed a strategic alliance with Minus Zero aimed at developing tailored autonomous trucking solutions in the country. Bengaluru-based Minus Zero is an autonomous driving technology startup and this partnership aims to revolutionise commercial trucking through autonomous solutions at scale. The initial focus of … Read more

tata motors share price: Tata Motors shares rally 8% to fresh high on value discovery hopes after demerger

Shares of Tata Motors on Tuesday rallied 7.9% as investors pinned hopes on better value discovery from the proposed demerger of its passenger vehicle and commercial vehicle businesses. Both Morgan Stanley and JP Morgan gave overweight ratings on the Tata stock which hit a fresh 52-week high of Rs 1,065.60. The stock is, however, already … Read more