Brokerage Citigroup maintained a buy rating on HDFC Life, and JPMorgan remained overweight on Bajaj Auto and Infosys. Citigroup recommended a sell on TVS Motor. We have collated a list of recommendations from top brokerage firms from ETNow and other sources: Citigroup on HDFC Life: Buy| Target Rs 710 Citigroup maintained a buy rating on … Read more
New Delhi: Distribution and finance options across the small towns and cities of India are likely to determine the outcome of a fierce battle about to break out between legacy and new-age OEMs in the electric scooter segment. The battle is in the making after Ather Energy announced the launch of Rizta, a family scooter, … Read more
Automaker TVS Motor Company on Monday announced that its best-selling TVS HLX line of two-wheelers has crossed the milestone of 3.5 million units in sales in international markets, and that it is launching the TVS HLX 150F, with added features, to mark the occasion. The company said it was expressing “its gratitude” to customers by … Read more
Sales of cars, sedans and utility vehicles ended on a strong note last month helping annual volumes breach the four million mark for the first time in 2023. As per industry estimates about 4.1 million passenger vehicles were sold in the local market in the last calendar year, which is an increase of around 8.2% … Read more
TVS Motor Company on Monday reported a 25 per cent rise in total dispatches at 3,01,898 units in December 2023. The company had sold a total of 2,42,012 units in December 2022, TVS Motor Company said in a statement. Two-wheelers sales were at 2,90,064 units in December 2023 as compared to 2,27,666 units in the … Read more
