Page 10 - Auto Stocks

TVS, Eicher Motors hit 52-week highs on healthy growth prospects

Shares of TVS Motor and Eicher Motors have rallied up to 20 per cent each in the last one month as against a 6 per cent rise on the Sensex.

Powered by FMCG, auto stocks; indices snap four-day losing streak

Tata Steel, Power Grid, HCL Technologies, Wipro, Dr Reddy's and Axis Bank were the laggards

2-wheeler stocks in top gear as chip woes ease; EV transition key: Analysts

Analysts expect 2Ws to reflect strong volumes in Q2FY23 amid strong pent-up demand, and improved mobility in June quarter 2022 (Q1FY23)

Sensex down for 4th day, dips 98pts; Nifty below 15,950; PSB, IT worst hit

CLOSING BELL: Axis Bank, HCL Tech, SBI, Tech M, TCS, Wipro, Infosys, and Ultratech Cement were the top large-cap laggards

Stocks to watch: Mindtree, Tata Elxsi, Infosys, ACC, L&T Infotech, Raymond

Stocks to watch today: Tata Elxsi, L&T Infotech will report their June quarter results 2022 on Thursday July 14; Mindtree posted 37.3 per cent rise in net profit to Rs 471.6 crore for Q1FY23.

TVS Motor to ride strong on profitability gains in FY23: Brokerages

Volume recovery, market-share gains, and EV plans are other triggers

FPIs raise the ante by driving up allocation to oil & gas, auto stocks

FPIs increased their allocations to the oil and gas sector by 44 bps and the power sector by 21 bps

BSE Auto index hits new high on strong outlook; M&M zooms 37% in 3 months

The strong outperformance in auto sector is mainly due to pick up in pace of monsoons, cut in excise duty on fuels, and decline in global crude prices

Hero MotoCorp soars 4%, nears 52-week high on hopes of healthy Q1 results

The company expects the positive trend to continue in the coming months, on the back of a decent monsoon, and encouraging farm activity.

Fiem Industries surges 6% on healthy outlook, stock up 56% in one month

Overall, the management believes that the worst is behind the two-wheeler industry and expects the industry to get back on its growth path.

TVS Motor may soon cross Rs 1,000-mark; chart strongly in favour of bulls

In the past, the stock had soared up to 7-fold on two instances, a similar trend seems to be playing on the long-term charts currently.

Pricol, Minda: Here's why you should consider buying auto ancillary stocks

According to the technical charts, auto ancillary stocks, like Talbros Automotive, Jupiter Wagons and Minda Industries are likely to rise another 15 per cent in the upcoming trading sessions.

Escorts Kubota slips to a 9-mth low, down 27% from record high hit in April

The stock traded lower for the third straight day has fallen 9 per cent during this period; it aslo turned ex-dividend for Rs 7 per share on Thursday.

TVS Motor rises 2% on firm's big EV push; stock up 10% in 5 days

In the past five days, the stock price of Chennai-based auto-maker soared over 10 per cent, as against 1.6 per cent rise in the S&P BSE Sensex.

Bajaj Auto slips 2% as share buyback fails to cheer investors

The company intends to buy back 5.43 million shares, aggregating up to 1.88 per cent of its paid-up share capital via the open market at Rs 4,600 per share.

Sensex gains for 3rd day, rises 433pts; Nifty holds 15,800; Zomato falls 6%

CLOSING BELL: Sectorally, the broad-based rally saw the Nifty Auto index ending with 2-per cent gain, and the Nifty Metal index with 1.6-per cent rally

BSE Auto hits 7-month high; Maruti, Hero Moto rally up to 13% in one week

Hero MotoCorp, Maruti Suzuki, M&M, Bosch and TVS Motor gain up to 13% in a week

Nifty auto index surges 7% in biggest weekly advance in 17 months

The latest gain comes on the back of easing commodity prices and supply chain issues

Two-wheelers in focus: Hero Moto, Bajaj Auto await breakout for fresh rally

Hero MotoCorp, Bajaj Auto and Eicher Motors need to cross their significant hurdles with aggressive volume for further gains to emerge.

Mahindra & Mahindra hits new high, up 3% on hopes of strong domestic demand

Company says is seeing high interest for new launched Scorpio-N; In the last three months, the stock has outperformed the market, by gaining 38 per cent as against a 9 per cent decline on the Sensex.