eicher motors

corporate earnings: On this season of corporate earnings, Nifty50 companies likely to give solid show

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corporate earnings: On this season of corporate earnings, Nifty50 companies likely to give solid show

ET Intelligence Group: Nifty 50 companies are expected to report double-digit growth in aggregate revenue and profit for the June quarter, driven by select companies from the automobile, banking and finance, and pharmaceutical sectors. According to ETIG estimates, the sample’s net profit is expected to grow 26.4% in the quarter. Cautiously Optimistic Outlook This growth … Read more

markets: Hyundai IPO will be a great investment vehicle for long-term investors: Sachin Shah

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markets: Hyundai IPO will be a great investment vehicle for long-term investors: Sachin Shah

“If you look at the last three years, I think the compounded returns are upwards of 25-30% compounded. So, markets have definitely delivered what we were looking forward to over the last three-four years and that is where as investors we would always be a little bit tempted of taking something off the table,” says … Read more

two-wheeler sales: May 2024, saw marginal decline in domestic 2-wheeler sales, exports however were up

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two-wheeler sales: May 2024, saw marginal decline in domestic 2-wheeler sales, exports however were up

The two-wheeler sales in India experienced a marginal decline in May as compared to the same period in the previous year. The major two-wheeler manufacturers of the country reported a decrease in sales numbers, reflecting a broader trend in the industry.Market leader Hero MotoCorp, sold 498,123 units in May 2024, marking a decrease from the … Read more

Two-wheeler makers ride high on record sales of branded spare parts

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Two-wheeler makers ride high on record sales of branded spare parts

Two-wheeler makers Royal Enfield, Bajaj Auto and Hero MotoCorp posted record revenue from sales of branded, genuine parts – like brake pads, headlights and speedometer – accessories and merchandise in FY24. At their post-earnings investor calls, company executives attributed this to the market for such items becoming more organised and buyers giving preference to branded … Read more

Technical Breakout Stocks: How to trade SBI, Hitachi Energy and Aditya Birla Capital on Friday

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Technical Breakout Stocks: How to trade SBI, Hitachi Energy and Aditya Birla Capital on Friday

The Indian market closed in the green for the fifth consecutive day on Thursday, tracking positive global cues. The S&P BSE Sensex rallied nearly 500 points, while the Nifty50 closed above 22,500 levels. Sectorally, buying was seen in auto, power, healthcare, metals, and public sector stocks, while selling was witnessed in realty and consumer durable … Read more

F&O stocks to buy today: Escorts, Eicher among top 8 trading ideas for April 22, 2024

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F&O stocks to buy today: Escorts, Eicher among top 8 trading ideas for April 22, 2024

Indian market is likely to trade higher on Monday tracking positive global cues. The Nifty future closed positive with gains of 0.32% at 22126 levels on Friday. India VIX was up by 3.20% from 12.88 to 13.46 levels. Volatility rose during the week but is comparatively still at lower levels. On the options front, the … Read more

Nifty: Follow-up buying could take Nifty higher: Analysts

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Nifty: Follow-up buying could take Nifty higher: Analysts

Most technical indicators suggest a short-term bottom reversal for Indian indices. Analysts expect the Nifty to trend higher as follow-up buying may emerge above 22,180, with short positions potentially being challenged above 22,425. Reliance Industries, SBI, Hindalco, Eicher Motors, Maruti, HAL, and M&M, along with midcaps like Jindal Steel and Power, Delivery, Bharat Dynamics, Lemon … Read more

Bajaj Auto aims to make 10,000 Triumph units a month by September, CFO says

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Bajaj Auto aims to make 10,000 Triumph units a month by September, CFO says

Bajaj Auto is aiming to achieve its target of producing 10,000 units of its Triumph motorcycles each month by September, a company executive said on Thursday. “I would pin that in the first half (of fiscal 2025),” Dinesh Thapar, Bajaj Auto’s financial chief, said in a post-earnings call when asked about the goal’s trajectory. “Consider … Read more

Nifty: Volatility may cap Nifty at 22,500; trade cautiously

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Nifty: Volatility may cap Nifty at 22,500; trade cautiously

With the dollar index and US 10-year bond yields on the rise, along with increasing crude prices and geopolitical tensions, analysts advise a cautious approach. They advise investors to refrain from chasing buying opportunities at elevated levels and suggest booking profits on any bounceback. ICICI Bank, Reliance Industries, Mahindra & Mahindra, Eicher Motors, SAIL, IRCTC, … Read more

Nifty: Profit booking could weigh on Nifty

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Nifty: Profit booking could weigh on Nifty

Technical analysts continue to maintain a cautious outlook on Nifty for the truncated trading week ahead. According to analysts, profit-taking may resume until the index decisively reclaims 22,200. Some of the stocks recommended by analysts for short-term trades include Apollo Hospitals, Eicher Motors, Hero Motocorp, Maruti, Bajaj Auto, Sun Pharma, Tata Motors, ABB, Cummins India, … Read more