“I think Escorts Kubota is a good one to look at. The company benefits from farm equipment sales that will kind of pick up because of the Kubota access to new products, it enlarges the whole canvas of products that they can offer which is quite good and lowers the cyclicality of the business,” says … Read more
Vinit Bolinjkar, Head of Equity Research, Ventura Securities, says Maruti will be powering in FY25 and would be my focus trade. Apart from that, among power stocks, Bolinjkar likes Adani Green, given that the IPOs of NTPC Green are scheduled to hit the markets. So, while there has been a slight profit-taking, the markets next … Read more
Shivangi Sarda, Manager Research Analyst, Motilal Oswal Financial Services, says Maruti has been the top gainer today and good buying is seen in this stock. RSI is showing a positive divergence and this stock has moved after a consolidation of the last five months. Rs 13,800 is the next target for Maruti with the support … Read more
Hyundai Motor India Ltd, the most successful foreign automaker in the country where a few others have failed, has reportedly got nod from the Securities and Exchange Board of India for its initial public offering (IPO), the largest ever in India. Hyundai, India’s second-biggest car maker behind Maruti Suzuki, plans to raise at least $3 … Read more
Mumbai: Ahead of the launch of its maiden electric vehicle, a midsize SUV called Concept eVX, in January 2025, Maruti Suzuki India plans to set up close to 25,000 EV charging points, multiple people aware of its plans said. In addition to tapping into its 5,100-plus service centres in 2,300 cities, the country’s leading carmaker … Read more
Top car companies including Maruti Suzuki, Hyundai, and Tata Motors have cut wholesale deliveries to dealerships due to subdued consumer demand compared to last year, leading to inventory accumulation, reported TOI. This reduction comes as the industry gears up for the festive season, starting with Ganesh Chaturthi. Meanwhile, companies like Kia and Toyota are increasing … Read more
“So, while we do like the space in terms of valuations and the fact that most of the banks are very well capitalised, asset quality is under control, the market in the current stage is looking out for companies with a lot of growth potential and excitement,” says Hemang Jani, Independent Market Expert.I wanted to … Read more
Auto industry icon RC Bhargava debunked an enduring economic myth at the Maruti Suzuki annual general meeting, underlining how India has shown the world that rapid growth and a democratic political system can coexist. The continuity of the government and industry-friendly policies are giving India high hopes of seeing sustained high growth, the Maruti Suzuki … Read more
New Delhi, Maruti Suzuki India is facing “a small delay” in finalising the site to set up a new plant with an annual capacity of 10 lakh units although the upcoming plant at Kharkhoda in Haryana is on track to start production by 2025-26, company Chairman RC Bhargava said on Tuesday. Addressing shareholders at the … Read more
Maruti Suzuki India on Saturday said it would need to increase provision for deferred tax liability by around Rs 850 crore due to the withdrawal of indexation benefit while calculating long-term capital gains on debt mutual funds. The company was making accounting provisions for deferred tax liability on fair value gains on these investments, Maruti … Read more
